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
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$261M |
| 2 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$241M |
| 3 |
IMMU
Immunomedics Inc
IMMU
|
+$234M |
| 4 |
Keurig Dr Pepper
KDP
|
+$173M |
| 5 |
FedEx
FDX
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 50.21% |
| 2 | Technology | 11.19% |
| 3 | Healthcare | 7.18% |
| 4 | Consumer Discretionary | 7.09% |
| 5 | Financials | 5.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3601
Brookfield Renewable
BEPC
$6.09B
| $1.13M | ﹤0.01% |
19,372
+4,168
| +27% | +$200K |
|
3602
Alector
ALEC
$262M
| $1.13M | ﹤0.01% |
74,521
-197,246
| -73% | -$2.45M |
|
3603
Hydrofarm Holdings
HYFM
$4.24M
| $1.13M | ﹤0.01% |
+2,142
| New | +$1.12M |
|
3604
Spero Therapeutics
SPRO
$69.9M
| $1.13M | ﹤0.01% |
58,062
-72,512
| -56% | -$1.13M |
|
3605
PUT
Delta Air Lines
DAL
$53.3B
| $1.12M | ﹤0.01% |
27,900
-35,200
| -56% | -$1.28M |
|
3606
Fresenius Medical Care
FMS
$12.3B
| $1.12M | ﹤0.01% |
27,003
-68,357
| -72% | -$2.85M |
|
|
OPTN
3607
DELISTED
OptiNose
OPTN
| $1.12M | ﹤0.01% |
18,071
+2,250
| +14% | +$138K |
|
3608
PUT
CONMED
CNMD
$1.5B
| $1.12M | ﹤0.01% |
10,000
-10,000
| -50% | -$947K |
|
3609
MidCap Financial Investment
MFIC
$800M
| $1.12M | ﹤0.01% |
+105,355
| New | +$1.02M |
|
|
VNTR
3610
DELISTED
Venator Materials PLC
VNTR
| $1.12M | ﹤0.01% |
338,152
+265,898
| +368% | +$634K |
|
3611
BlueLinx
BXC
$625M
| $1.12M | ﹤0.01% |
38,188
+13,159
| +53% | +$336K |
|
3612
Grupo Aeroportuario del Sureste
ASR
$7.78B
| $1.12M | ﹤0.01% |
6,766
+3,354
| +98% | +$470K |
|
3613
CALL
Chemours
CC
$2.38B
| $1.12M | ﹤0.01% |
+45,000
| New | +$1.07M |
|
3614
CALL
Community Health Systems
CYH
$409M
| $1.11M | ﹤0.01% |
150,000
-350,000
| -70% | -$2.48M |
|
|
SJI
3615
DELISTED
South Jersey Industries, Inc.
SJI
| $1.11M | ﹤0.01% |
51,712
-65,806
| -56% | -$1.42M |
|
3616
PUT
Vornado Realty Trust
VNO
$7.23B
| $1.11M | ﹤0.01% |
+29,800
| New | +$1.09M |
|
3617
DXP Enterprises
DXPE
$2.96B
| $1.11M | ﹤0.01% |
+49,878
| New | +$1.01M |
|
3618
Immatics
IMTX
$1.46B
| $1.1M | ﹤0.01% |
102,309
+82,989
| +430% | +$875K |
|
3619
CALL
HCA Healthcare
HCA
$90.8B
| $1.1M | ﹤0.01% |
6,700
-5,400
| -45% | -$790K |
|
|
OPRA
3620
Opera Ltd
OPRA
$1.74B
| $1.1M | ﹤0.01% |
120,672
+105,125
| +676% | +$953K |
|
|
AYX
3621
DELISTED
Alteryx Inc
AYX
| $1.1M | ﹤0.01% |
9,038
-4,275
| -32% | -$539K |
|
3622
CALL
Cheer Holding
CHR
$3.36M
| $1.1M | ﹤0.01% |
+267
| New | +$1.1M |
|
3623
Anika Therapeutics
ANIK
$283M
| $1.1M | ﹤0.01% |
+24,290
| New | +$922K |
|
3624
Vuzix
VUZI
$220M
| $1.1M | ﹤0.01% |
120,849
+76,706
| +174% | +$383K |
|
3625
PUT
PPG Industries
PPG
$25.3B
| $1.1M | ﹤0.01% |
7,600
| – | – |
|
Similar funds
Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 71% from $81.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $25B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Miscellaneous at 50% of assets, down from 52% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Momenta Pharmaceuticals, Inc. in Q4 2020, selling an estimated $261M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 71% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.