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 | |
|---|---|---|---|---|---|---|
4126
Bassett Furniture
BSET
$164M
| – | – |
-27,401
| Closed | -$149K |
|
4127
B2Gold
BTG
$7.29B
| – | – |
-1,270,899
| Closed | -$3.89M |
|
4128
CALL
AB InBev
BUD
$155B
| – | – |
-5,200
| Closed | -$229K |
|
|
4129
PUT
AB InBev
BUD
$155B
| – | – |
-7,300
| Closed | -$322K |
|
4130
CALL
Burlington
BURL
$20.6B
| – | – |
-7,200
| Closed | -$1.14M |
|
|
4131
PUT
Burlington
BURL
$20.6B
| – | – |
-6,600
| Closed | -$1.05M |
|
4132
Byline Bancorp
BY
$1.73B
| – | – |
-69,359
| Closed | -$719K |
|
4133
Broadway Financial
BYFC
$111M
| – | – |
-2,611
| Closed | -$27K |
|
4134
Cable One
CABO
$129M
| – | – |
-7,947
| Closed | -$13.1M |
|
4135
CALL
Conagra Brands
CAG
$7.89B
| – | – |
-50,300
| Closed | -$1.48M |
|
|
4136
PUT
Conagra Brands
CAG
$7.89B
| – | – |
-75,100
| Closed | -$2.2M |
|
4137
CALL
Cardinal Health
CAH
$53.4B
| – | – |
-10,000
| Closed | -$479K |
|
4138
CarGurus
CARG
$3.28B
| – | – |
-314,376
| Closed | -$5.95M |
|
4139
Cato Corp
CATO
$58.3M
| – | – |
-24,661
| Closed | -$263K |
|
4140
PUT
Chubb
CB
$132B
| – | – |
-15,200
| Closed | -$1.7M |
|
4141
Capital Bancorp
CBNK
$595M
| – | – |
-12,963
| Closed | -$162K |
|
4142
Cogent Communications
CCOI
$470M
| – | – |
-65,873
| Closed | -$5.4M |
|
4143
Cardlytics
CDLX
$25.3M
| – | – |
-976
| Closed | -$341K |
|
|
CDTX
4144
DELISTED
Cidara Therapeutics
CDTX
| – | – |
-2,684
| Closed | -$133K |
|
4145
Cadiz
CDZI
$310M
| – | – |
-140,321
| Closed | -$1.64M |
|
4146
Celsius Holdings
CELH
$8.44B
| – | – |
-1,359,735
| Closed | -$1.91M |
|
4147
CEVA Inc
CEVA
$788M
| – | – |
-80,156
| Closed | -$2M |
|
4148
PUT
CF Industries
CF
$19.6B
| – | – |
-89,700
| Closed | -$2.44M |
|
4149
Carlyle Group
CG
$17.6B
| – | – |
-1,946,827
| Closed | -$42.1M |
|
4150
Cheer Holding
CHR
$3.56M
| – | – |
-115
| Closed | -$709K |
|
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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.