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 | |
|---|---|---|---|---|---|---|
3751
Mercantile Bank Corp
MBWM
$1.04B
| $240K | ﹤0.01% |
6,592
-22,213
| -77% | -$781K |
|
|
LOVE
3752
LoveSac
LOVE
$232M
| $239K | ﹤0.01% |
14,868
+3,696
| +33% | +$57.7K |
|
|
MSB
3753
Mesabi Trust
MSB
$305M
| $239K | ﹤0.01% |
+10,168
| New | +$236K |
|
3754
Horizon Technology Finance
HRZN
$326M
| $238K | ﹤0.01% |
18,415
+7,621
| +71% | +$93.7K |
|
3755
iShares US Technology ETF
IYW
$24.6B
| $238K | ﹤0.01% |
+4,092
| New | +$223K |
|
3756
Greenlight Captial
GLRE
$507M
| $237K | ﹤0.01% |
23,411
-72,358
| -76% | -$749K |
|
3757
Rocky Brands
RCKY
$344M
| $237K | ﹤0.01% |
+8,055
| New | +$238K |
|
3758
CALL
Archer Daniels Midland
ADM
$37.7B
| $236K | ﹤0.01% |
5,100
-5,400
| -51% | -$230K |
|
3759
Noodles & Co
NDLS
$93.6M
| $236K | ﹤0.01% |
5,314
-232
| -4% | -$10.2K |
|
|
ADVM
3760
DELISTED
Adverum Biotechnologies
ADVM
| $235K | ﹤0.01% |
+2,037
| New | +$180K |
|
3761
Crocs
CROX
$6.03B
| $235K | ﹤0.01% |
5,602
-314,844
| -98% | -$11M |
|
|
KYNB
3762
Kyntra Bio
KYNB
$32.3M
| $235K | ﹤0.01% |
219
-2,091
| -91% | -$2.13M |
|
3763
PUT
Newmont
NEM
$139B
| $235K | ﹤0.01% |
905,400
-1,400
| -0.2% | -$54.7K |
|
3764
OP Bancorp
OPBK
$229M
| $234K | ﹤0.01% |
22,584
-41,395
| -65% | -$407K |
|
3765
PUT
Trade Desk
TTD
$6.24B
| $234K | ﹤0.01% |
+9,000
| New | +$203K |
|
3766
Woori Financial
WF
$16.9B
| $234K | ﹤0.01% |
+7,724
| New | +$237K |
|
|
CBL
3767
DELISTED
CBL& Associates Properties, Inc.
CBL
| $233K | ﹤0.01% |
221,709
-774,882
| -78% | -$1.01M |
|
3768
Helen of Troy
HELE
$666M
| $232K | ﹤0.01% |
1,290
-17,488
| -93% | -$2.81M |
|
|
OTRK
3769
DELISTED
Ontrak
OTRK
| $232K | ﹤0.01% |
158
-295
| -65% | -$407K |
|
3770
CALL
Seagate
STX
$180B
| $232K | ﹤0.01% |
+3,900
| New | +$224K |
|
3771
First Northwest Bancorp
FNWB
$105M
| $231K | ﹤0.01% |
+12,736
| New | +$223K |
|
|
CIM
3772
Chimera Investment
CIM
$973M
| $230K | ﹤0.01% |
3,731
-3,589
| -49% | -$219K |
|
3773
CALL
Haemonetics
HAE
$4.93B
| $230K | ﹤0.01% |
+2,000
| New | +$242K |
|
3774
Trex
TREX
$4.82B
| $230K | ﹤0.01% |
5,128
-52,560
| -91% | -$2.31M |
|
3775
PUT
Darden Restaurants
DRI
$25.6B
| $229K | ﹤0.01% |
2,100
-37,900
| -95% | -$4.3M |
|
Similar funds
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.