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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3526
Sutro Biopharma
STRO
$356M
| $366K | ﹤0.01% |
3,330
+726
| +28% | +$74.8K |
|
|
DTP
3527
DELISTED
DTE Energy Company 2019 Corporate Units
DTP
| $366K | ﹤0.01% |
+7,128
| New | +$357K |
|
3528
CALL
Albemarle
ALB
$15.7B
| $365K | ﹤0.01% |
+5,000
| New | +$334K |
|
3529
iShares MSCI Thailand ETF
THD
$355M
| $365K | ﹤0.01% |
+4,168
| New | +$366K |
|
|
CDTX
3530
DELISTED
Cidara Therapeutics
CDTX
| $364K | ﹤0.01% |
+4,734
| New | +$217K |
|
|
FONR
3531
DELISTED
Fonar
FONR
| $364K | ﹤0.01% |
18,483
-11,358
| -38% | -$228K |
|
3532
PUT
Chemours
CC
$2.37B
| $362K | ﹤0.01% |
+20,000
| New | +$332K |
|
3533
Helios Technologies
HLIO
$2.45B
| $361K | ﹤0.01% |
+7,809
| New | +$335K |
|
|
BGFV
3534
DELISTED
Big 5 Sporting Goods
BGFV
| $360K | ﹤0.01% |
120,103
-191,183
| -61% | -$523K |
|
|
INVX
3535
Innovex International
INVX
$2.01B
| $360K | ﹤0.01% |
7,680
-62,787
| -89% | -$2.87M |
|
3536
Biglari Holdings Class B
BH
$1.21B
| $359K | ﹤0.01% |
+3,141
| New | +$320K |
|
3537
Smart Sand
SND
$199M
| $359K | ﹤0.01% |
142,342
-41,034
| -22% | -$101K |
|
3538
PUT
uniQure
QURE
$3.54B
| $358K | ﹤0.01% |
5,000
-15,000
| -75% | -$824K |
|
3539
WhiteHorse Finance
WHF
$151M
| $358K | ﹤0.01% |
+26,164
| New | +$366K |
|
|
JE
3540
DELISTED
Just Energy Group Inc
JE
| $358K | ﹤0.01% |
+6,463
| New | +$465K |
|
3541
PIMCO Corporate & Income Opportunity Fund
PTY
$2.51B
| $357K | ﹤0.01% |
+18,800
| New | +$348K |
|
3542
Avista
AVA
$3.16B
| $356K | ﹤0.01% |
7,404
-16,921
| -70% | -$806K |
|
|
MYD
3543
DELISTED
BlackRock MuniYield Fund
MYD
| $356K | ﹤0.01% |
+24,013
| New | +$351K |
|
3544
CALL
Diamondback Energy
FANG
$56B
| $353K | ﹤0.01% |
+3,800
| New | +$316K |
|
3545
Cass Information Systems
CASS
$734M
| $352K | ﹤0.01% |
6,101
-2,209
| -27% | -$124K |
|
3546
Gorman-Rupp
GRC
$2.03B
| $352K | ﹤0.01% |
9,375
-12,391
| -57% | -$451K |
|
|
PRMW
3547
DELISTED
Primo Water Corporation
PRMW
| $352K | ﹤0.01% |
31,378
+404
| +1% | +$4.48K |
|
|
ERF
3548
DELISTED
Enerplus Corporation
ERF
| $351K | ﹤0.01% |
+49,296
| New | +$322K |
|
|
KBAL
3549
DELISTED
Kimball International
KBAL
| $351K | ﹤0.01% |
+16,977
| New | +$350K |
|
3550
PCB Bancorp
PCB
$387M
| $350K | ﹤0.01% |
20,265
-14,737
| -42% | -$248K |
|
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Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $9.74B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.