Israel Englander Millennium Management
Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
NetApp
NTAP
$37.7B
| $44M | 0.06% |
992,050
+273,225
| +38% | +$11.7M |
|
327
Wayfair
W
$13.9B
| $44M | 0.06% |
222,626
+199,026
| +843% | +$29.8M |
|
328
Canadian National Railway
CNI
$78.5B
| $43.8M | 0.06% |
495,043
+465,447
| +1,573% | +$38.7M |
|
329
Vertex Pharmaceuticals
VRTX
$139B
| $43.8M | 0.06% |
150,941
+57,693
| +62% | +$15.6M |
|
330
Sun Communities
SUI
$14.8B
| $43.6M | 0.06% |
321,323
+221,011
| +220% | +$29.3M |
|
331
Wyndham Hotels & Resorts
WH
$5.54B
| $43.5M | 0.06% |
1,019,624
+624,903
| +158% | +$25.5M |
|
|
PXD
332
DELISTED
Pioneer Natural Resource Co.
PXD
| $43.3M | 0.06% |
442,834
+298,085
| +206% | +$26.3M |
|
|
SPLK
333
DELISTED
Splunk Inc
SPLK
| $43.2M | 0.06% |
217,225
+173,023
| +391% | +$27.4M |
|
|
SAFM
334
DELISTED
Sanderson Farms Inc
SAFM
| $43.1M | 0.06% |
371,896
+168,287
| +83% | +$21.6M |
|
335
HubSpot
HUBS
$12B
| $43M | 0.06% |
191,518
+28,776
| +18% | +$5.18M |
|
|
ALXN
336
DELISTED
Alexion Pharmaceuticals
ALXN
| $42.5M | 0.06% |
378,943
-405,380
| -52% | -$43M |
|
|
TMX
337
DELISTED
Terminix Global Holdings, Inc.
TMX
| $42.5M | 0.06% |
1,190,579
+818,897
| +220% | +$25.3M |
|
338
CALL
Caterpillar
CAT
$381B
| $42.5M | 0.06% |
335,900
-100
| -0% | -$11.9K |
|
339
Werner Enterprises
WERN
$2.33B
| $42.4M | 0.06% |
974,537
+872,960
| +859% | +$36M |
|
340
PUT
Comcast
CMCSA
$95.3B
| $42.4M | 0.06% |
1,086,600
-194,400
| -15% | -$7.4M |
|
|
FIRY
341
Firy Inc
FIRY
$160M
| $42.2M | 0.06% |
+192,215
| New | +$39.4M |
|
342
Autodesk
ADSK
$53.6B
| $42.1M | 0.06% |
176,149
-36,407
| -17% | -$7.16M |
|
|
343
PUT
Caterpillar
CAT
$381B
| $42M | 0.06% |
331,900
-1,000
| -0.3% | -$119K |
|
344
Kinder Morgan
KMI
$69B
| $41.9M | 0.06% |
2,762,755
+1,692,512
| +158% | +$25.7M |
|
345
BJs Wholesale Club
BJ
$12.3B
| $41.6M | 0.06% |
1,117,503
+840,634
| +304% | +$25.8M |
|
|
BMY.RT
346
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $41.6M | 0.06% |
11,619,054
-354,010
| -3% | -$1.28M |
|
|
LMNX
347
DELISTED
Luminex Corp
LMNX
| $41.6M | 0.06% |
1,278,671
+1,121,817
| +715% | +$35.5M |
|
348
CALL
AT&T
T
$173B
| $41.5M | 0.06% |
1,818,646
-338,680
| -16% | -$7.71M |
|
|
LVGO
349
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $41.5M | 0.06% |
552,135
+432,167
| +360% | +$22.6M |
|
|
NUVA
350
DELISTED
NuVasive, Inc.
NUVA
| $41.3M | 0.06% |
742,090
+681,192
| +1,119% | +$39.4M |
|
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Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.