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 | |
|---|---|---|---|---|---|---|
|
WUBA
351
DELISTED
58.com Inc
WUBA
| $41.3M | 0.06% |
765,317
+759,921
| +14,083% | +$39.2M |
|
|
AMED
352
DELISTED
Amedisys
AMED
| $41.2M | 0.06% |
207,741
+176,359
| +562% | +$32.9M |
|
353
Zscaler
ZS
$29.4B
| $41.2M | 0.06% |
376,497
+359,081
| +2,062% | +$29.8M |
|
|
354
CALL
Intel
INTC
$476B
| $41.2M | 0.06% |
688,000
+171,500
| +33% | +$10.3M |
|
355
NXP Semiconductors
NXPI
$56.9B
| $41.2M | 0.06% |
360,853
+211,522
| +142% | +$21.1M |
|
356
Oneok
OKE
$58.8B
| $41.1M | 0.06% |
1,237,457
+91,001
| +8% | +$2.97M |
|
357
Energizer
ENR
$1.47B
| $41M | 0.06% |
+863,858
| New | +$35.3M |
|
|
SGEN
358
DELISTED
Seagen Inc. Common Stock
SGEN
| $41M | 0.06% |
241,397
+154,085
| +176% | +$23M |
|
359
EOG Resources
EOG
$80.3B
| $40.9M | 0.06% |
807,868
-114,156
| -12% | -$5.53M |
|
|
BITA
360
DELISTED
Bitauto Holdings Limited
BITA
| $40.8M | 0.06% |
2,574,623
+1,255,870
| +95% | +$15.8M |
|
361
PUT
American Express
AXP
$227B
| $40.8M | 0.06% |
428,200
+233,900
| +120% | +$21.5M |
|
362
Align Technology
ALGN
$11.5B
| $40.7M | 0.06% |
148,426
+144,988
| +4,217% | +$32.7M |
|
363
Copart
CPRT
$31.3B
| $40.4M | 0.06% |
1,941,356
+1,487,984
| +328% | +$29.9M |
|
364
Enphase Energy
ENPH
$5.1B
| $40.2M | 0.06% |
845,315
+599,669
| +244% | +$28.7M |
|
365
Acadia Pharmaceuticals
ACAD
$5.08B
| $40.2M | 0.06% |
829,432
+521,586
| +169% | +$25M |
|
|
PACK.WS
366
CALL
DELISTED
One Madison Corporation Warrants, each whole warrant is exercisable for one Class A Common Stock at
PACK.WS
| $40.2M | 0.06% |
5,397,000
+427,000
| +9% | +$601K |
|
367
PUT
Amgen
AMGN
$238B
| $40.1M | 0.06% |
170,200
-13,400
| -7% | -$3.06M |
|
368
Avient
AVNT
$4.1B
| $40.1M | 0.06% |
1,529,166
+282,183
| +23% | +$6.55M |
|
369
SiriusXM
SIRI
$9.67B
| $40M | 0.05% |
681,679
+354,529
| +108% | +$19.9M |
|
370
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $39.7M | 0.05% |
1,409,800
-517,600
| -27% | -$13.6M |
|
371
CALL
iShares MSCI Brazil ETF
EWZ
$8.52B
| $39.7M | 0.05% |
1,381,100
+1,181,100
| +591% | +$31M |
|
|
CHNG
372
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $39.6M | 0.05% |
3,536,006
+1,496,385
| +73% | +$16.8M |
|
|
PRMW
373
DELISTED
Primo Water Corporation
PRMW
| $39.6M | 0.05% |
2,880,099
+745,004
| +35% | +$8.36M |
|
374
ServiceNow
NOW
$133B
| $39.5M | 0.05% |
487,815
-720,340
| -60% | -$50.9M |
|
|
VMW
375
DELISTED
VMware, Inc
VMW
| $39.5M | 0.05% |
254,769
+127,182
| +100% | +$17.5M |
|
Similar funds
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.