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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.57% |
| 2 | Technology | 12.05% |
| 3 | Financials | 10.74% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Energy | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Old Dominion Freight Line
ODFL
$42.8B
| $45M | 0.07% |
934,689
+825,069
| +753% | +$38.6M |
|
377
NetEase
NTES
$82.1B
| $44.4M | 0.07% |
919,710
+780,665
| +561% | +$37.1M |
|
|
ACIA
378
DELISTED
Acacia Communications Inc
ACIA
| $44.4M | 0.07% |
773,883
+134,603
| +21% | +$6.44M |
|
379
Akamai
AKAM
$15.9B
| $44.2M | 0.07% |
616,932
-1,734,241
| -74% | -$118M |
|
380
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $44M | 0.07% |
772,998
+705,454
| +1,044% | +$38.2M |
|
|
MGP
381
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $44M | 0.07% |
1,364,246
+578,799
| +74% | +$17.5M |
|
382
Canadian Pacific Kansas City
CP
$85B
| $44M | 0.07% |
1,067,080
-817,340
| -43% | -$32.8M |
|
383
Synchrony
SYF
$25.9B
| $43.9M | 0.07% |
1,376,855
-1,655,620
| -55% | -$49.8M |
|
384
CALL
iShares Biotechnology ETF
IBB
$10.7B
| $43.9M | 0.07% |
392,400
+166,100
| +73% | +$18.2M |
|
385
XPO
XPO
$23.2B
| $43.9M | 0.07% |
2,359,745
-1,027,916
| -30% | -$19.7M |
|
386
PNC Financial Services
PNC
$97B
| $43.9M | 0.07% |
357,559
+351,672
| +5,974% | +$43.5M |
|
|
NBL
387
DELISTED
Noble Energy, Inc.
NBL
| $43.8M | 0.07% |
1,772,580
-1,071,496
| -38% | -$24.3M |
|
388
Align Technology
ALGN
$11.5B
| $43.8M | 0.07% |
153,928
-533
| -0.3% | -$127K |
|
|
GRA
389
DELISTED
W.R. Grace & Co.
GRA
| $43.7M | 0.07% |
560,347
-109,364
| -16% | -$8.06M |
|
390
Whirlpool
WHR
$2.63B
| $43.6M | 0.07% |
328,335
-228,938
| -41% | -$30.2M |
|
|
CTRA
391
DELISTED
Coterra Energy
CTRA
| $43.6M | 0.07% |
1,668,779
-7,332,962
| -81% | -$184M |
|
392
Nucor
NUE
$55.3B
| $43.2M | 0.06% |
741,144
-1,331,998
| -64% | -$78.1M |
|
393
Twilio
TWLO
$34.6B
| $43.2M | 0.06% |
334,314
-749,043
| -69% | -$84.4M |
|
|
XENT
394
DELISTED
Intersect ENT, Inc
XENT
| $43.1M | 0.06% |
1,339,173
+91,390
| +7% | +$2.83M |
|
395
Okta
OKTA
$23.5B
| $43M | 0.06% |
519,539
+504,739
| +3,410% | +$40M |
|
396
DuPont de Nemours
DD
$18.7B
| $42.9M | 0.06% |
317,699
+88,600
| +39% | +$12.3M |
|
397
Ameriprise Financial
AMP
$49.1B
| $42.9M | 0.06% |
334,555
+99,455
| +42% | +$12.3M |
|
398
Cboe Global Markets
CBOE
$31.4B
| $42.6M | 0.06% |
446,519
-58,151
| -12% | -$5.52M |
|
399
Invitation Homes
INVH
$17.9B
| $42.6M | 0.06% |
1,750,724
+1,061,391
| +154% | +$23.9M |
|
400
International Bancshares
IBOC
$4.45B
| $42.5M | 0.06% |
1,117,573
+11,588
| +1% | +$438K |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $6.14B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.