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 | |
|---|---|---|---|---|---|---|
3851
MaxLinear
MXL
$5.69B
| $266 | ﹤0.01% |
+11,434
| New | +$282K |
|
3852
Spruce Power Holding Corp
SPRU
$37M
| $266 | ﹤0.01% |
2,887
-53,540
| -95% | -$4.49M |
|
|
TRTX
3853
TPG RE Finance Trust
TRTX
$600M
| $266 | ﹤0.01% |
31,452
+17,181
| +120% | +$147K |
|
3854
World Acceptance Corp
WRLD
$887M
| $266 | ﹤0.01% |
2,524
-12,714
| -83% | -$1.06M |
|
3855
JPMorgan BetaBuilders Europe ETF
BBEU
$9.55B
| $265 | ﹤0.01% |
+5,798
| New | +$271K |
|
|
AVNS
3856
DELISTED
Avanos Medical
AVNS
| $264 | ﹤0.01% |
+7,932
| New | +$253K |
|
3857
PUT
CF Industries
CF
$19.6B
| $264 | ﹤0.01% |
+8,600
| New | +$274K |
|
3858
CALL
HubSpot
HUBS
$12.2B
| $263 | ﹤0.01% |
+900
| New | +$236K |
|
|
3859
PUT
HubSpot
HUBS
$12.2B
| $263 | ﹤0.01% |
+900
| New | +$236K |
|
3860
Metallus
MTUS
$776M
| $263 | ﹤0.01% |
+73,983
| New | +$284K |
|
|
FFNW
3861
DELISTED
First Financial Northwest, Inc
FFNW
| $263 | ﹤0.01% |
28,817
-56,197
| -66% | -$522K |
|
|
NEE.PRO
3862
DELISTED
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
| $263 | ﹤0.01% |
+4,833
| New | +$263K |
|
3863
Braskem
BAK
$733M
| $262 | ﹤0.01% |
35,009
-185,708
| -84% | -$1.6M |
|
3864
CALL
Sunrun
RUN
$2.15B
| $262 | ﹤0.01% |
+3,400
| New | +$160K |
|
|
3865
PUT
Sunrun
RUN
$2.15B
| $262 | ﹤0.01% |
+3,400
| New | +$160K |
|
|
SOL
3866
DELISTED
Emeren Group
SOL
| $262 | ﹤0.01% |
+126,706
| New | +$218K |
|
|
WBK
3867
DELISTED
Westpac Banking Corporation
WBK
| $262 | ﹤0.01% |
+21,777
| New | +$270K |
|
|
CNTG
3868
DELISTED
Centogene N.V. Common Shares
CNTG
| $261 | ﹤0.01% |
+27,612
| New | +$351K |
|
3869
Methanex
MEOH
$4.57B
| $260 | ﹤0.01% |
10,645
-33,782
| -76% | -$717K |
|
|
ATCO
3870
DELISTED
Atlas Corp.
ATCO
| $260 | ﹤0.01% |
29,062
+9,328
| +47% | +$75.7K |
|
3871
Mercantile Bank Corp
MBWM
$1.04B
| $259 | ﹤0.01% |
14,378
+1,810
| +14% | +$37.9K |
|
3872
PAR Technology
PAR
$804M
| $259 | ﹤0.01% |
6,390
-27,722
| -81% | -$991K |
|
3873
IDT Corp
IDT
$1.7B
| $258 | ﹤0.01% |
39,171
+22,383
| +133% | +$148K |
|
3874
NewMarket
NEU
$8.61B
| $258 | ﹤0.01% |
754
-3,276
| -81% | -$1.25M |
|
3875
Nokia
NOK
$55.6B
| $258 | ﹤0.01% |
66,051
-3,508,693
| -98% | -$15.8M |
|
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.