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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.18% |
| 2 | Consumer Discretionary | 6.93% |
| 3 | Technology | 6.31% |
| 4 | Industrials | 5.82% |
| 5 | Financials | 5.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
UnitedHealth
UNH
$350B
| $45.7K | 0.06% |
146,741
+136,967
| +1,401% | +$42.1M |
|
|
HZNP
352
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $45.7K | 0.06% |
588,848
+173,472
| +42% | +$11.9M |
|
353
Sensata Technologies
ST
$6.23B
| $45.6K | 0.06% |
1,056,038
+590,702
| +127% | +$24M |
|
354
CALL
AbbVie
ABBV
$468B
| $45.2K | 0.06% |
516,600
+140,600
| +37% | +$13.2M |
|
355
CenterPoint Energy
CNP
$25.5B
| $45.2K | 0.06% |
2,338,337
-903,297
| -28% | -$17.7M |
|
|
ATVI
356
PUT
DELISTED
Activision Blizzard
ATVI
| $45.2K | 0.06% |
557,800
+101,600
| +22% | +$8.24M |
|
|
NGHC
357
DELISTED
National General Holdings Corp
NGHC
| $45.1K | 0.06% |
+1,335,717
| New | +$44.3M |
|
358
Dollar Tree
DLTR
$25.3B
| $45K | 0.06% |
493,178
-569,824
| -54% | -$53.6M |
|
|
NEE.PRQ
359
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $44.9K | 0.06% |
+947,120
| New | +$45.1M |
|
360
CALL
Morgan Stanley
MS
$336B
| $44.8K | 0.06% |
927,600
+121,100
| +15% | +$6.1M |
|
361
Reliance Steel & Aluminium
RS
$19.8B
| $44.7K | 0.06% |
437,634
+32,435
| +8% | +$3.3M |
|
|
SAVE
362
DELISTED
Spirit Airlines, Inc.
SAVE
| $44.6K | 0.05% |
2,770,407
+2,646,654
| +2,139% | +$45.6M |
|
|
DNKN
363
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $44.6K | 0.05% |
544,351
+416,954
| +327% | +$30.1M |
|
364
Teledyne Technologies
TDY
$29.5B
| $44.4K | 0.05% |
143,225
-28,804
| -17% | -$9.09M |
|
365
Zillow
Z
$8.07B
| $44.4K | 0.05% |
436,952
+71,346
| +20% | +$5.57M |
|
|
HZAC.U
366
DELISTED
Horizon Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o
HZAC.U
| $44.3K | 0.05% |
+4,260,000
| New | +$43.6M |
|
367
Knight Transportation
KNX
$11.7B
| $44.2K | 0.05% |
1,087,207
+836,663
| +334% | +$36.7M |
|
|
MZTI
368
The Marzetti Company
MZTI
$3.06B
| $44.1K | 0.05% |
246,638
-47,499
| -16% | -$7.95M |
|
369
Enphase Energy
ENPH
$5.1B
| $44K | 0.05% |
532,949
-312,366
| -37% | -$20.9M |
|
370
BorgWarner
BWA
$13.8B
| $44K | 0.05% |
1,290,430
+110,543
| +9% | +$3.8M |
|
371
PUT
Thermo Fisher Scientific
TMO
$233B
| $43.9K | 0.05% |
99,400
+41,800
| +73% | +$17.3M |
|
372
CALL
Intuitive Surgical
ISRG
$134B
| $43.8K | 0.05% |
185,100
+45,000
| +32% | +$10.1M |
|
373
CALL
ServiceNow
NOW
$133B
| $43.7K | 0.05% |
450,500
+187,000
| +71% | +$16.7M |
|
374
Lockheed Martin
LMT
$130B
| $43.6K | 0.05% |
113,669
-138,142
| -55% | -$52.7M |
|
|
CHNG
375
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $43.6K | 0.05% |
3,001,854
-534,152
| -15% | -$6.79M |
|
Similar funds
Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2M, down 100% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander deployed $869M of net new capital in Q3 2020, opening 989 new positions and adding to 1,503 existing holdings. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
By sector, the portfolio is most concentrated in Healthcare at 9.2% of assets, up from 9% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was JPMorgan Chase, an estimated $278M trimmed.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
- Israel Englander added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Israel Englander's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Israel Englander fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Israel Englander's ten largest holdings make up 18% of its $81.2M portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value fell 100% quarter-over-quarter to $81.2M.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.