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 | |
|---|---|---|---|---|---|---|
|
TWTR
376
DELISTED
Twitter, Inc.
TWTR
| $39.4M | 0.05% |
1,322,702
+642,514
| +94% | +$19.4M |
|
377
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $39.3M | 0.05% |
615,800
+588,000
| +2,115% | +$34.7M |
|
378
PUT
Workday
WDAY
$49.4B
| $39.3M | 0.05% |
209,800
+130,900
| +166% | +$21.2M |
|
|
DFS
379
DELISTED
Discover Financial Services
DFS
| $39.3M | 0.05% |
784,650
+176,748
| +29% | +$7.77M |
|
380
Simon Property Group
SPG
$70.6B
| $39.3M | 0.05% |
574,697
+295,292
| +106% | +$18.5M |
|
381
Edwards Lifesciences
EW
$51.8B
| $39.2M | 0.05% |
567,184
+475,462
| +518% | +$33.8M |
|
382
Visa
V
$693B
| $39.2M | 0.05% |
202,908
-366,936
| -64% | -$67M |
|
383
Churchill Downs
CHDN
$6.53B
| $39.2M | 0.05% |
588,122
+449,688
| +325% | +$25.6M |
|
384
Fate Therapeutics
FATE
$279M
| $39.1M | 0.05% |
1,140,235
+341,200
| +43% | +$10.2M |
|
|
385
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $39.1M | 0.05% |
612,000
+123,800
| +25% | +$7.3M |
|
386
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.8B
| $39M | 0.05% |
567,600
+271,300
| +92% | +$17.6M |
|
387
CALL
Morgan Stanley
MS
$336B
| $39M | 0.05% |
806,500
+740,700
| +1,126% | +$31.1M |
|
388
Dick's Sporting Goods
DKS
$16.4B
| $38.9M | 0.05% |
943,803
-128,154
| -12% | -$4.07M |
|
|
WRK
389
DELISTED
WestRock Company
WRK
| $38.9M | 0.05% |
+1,375,655
| New | +$39.1M |
|
390
Encompass Health
EHC
$11.9B
| $38.7M | 0.05% |
786,261
+208,287
| +36% | +$11.2M |
|
391
Saic
SAIC
$5.41B
| $38.7M | 0.05% |
498,275
+391,291
| +366% | +$32.1M |
|
392
CALL
McDonald's
MCD
$192B
| $38.6M | 0.05% |
209,000
+118,900
| +132% | +$21.8M |
|
393
Reliance Steel & Aluminium
RS
$19.8B
| $38.5M | 0.05% |
405,199
+141,931
| +54% | +$12.9M |
|
394
CALL
Gilead Sciences
GILD
$181B
| $38.4M | 0.05% |
499,600
-109,200
| -18% | -$8.37M |
|
395
Toll Brothers
TOL
$13.7B
| $38.4M | 0.05% |
1,177,106
+365,243
| +45% | +$9.99M |
|
396
FirstEnergy
FE
$26.6B
| $38.3M | 0.05% |
987,338
+679,039
| +220% | +$28.1M |
|
397
Repligen
RGEN
$10.2B
| $38.3M | 0.05% |
+309,713
| New | +$36.4M |
|
398
Twilio
TWLO
$34.6B
| $38.3M | 0.05% |
174,348
+170,396
| +4,312% | +$27.4M |
|
|
NKLA
399
DELISTED
Nikola Corporation Common Stock
NKLA
| $38.2M | 0.05% |
18,859
+17,162
| +1,011% | +$16.5M |
|
400
NextEra Energy
NEE
$174B
| $38M | 0.05% |
633,664
+592,120
| +1,425% | +$35.4M |
|
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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.