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 | |
|---|---|---|---|---|---|---|
401
Targa Resources
TRGP
$63.1B
| $47.1M | 0.06% |
1,153,347
+341,634
| +42% | +$13.3M |
|
402
PUT
Oracle
ORCL
$410B
| $46.8M | 0.06% |
883,500
+564,700
| +177% | +$31.1M |
|
403
Zebra Technologies
ZBRA
$17.2B
| $46.8M | 0.06% |
183,209
+34,465
| +23% | +$8.06M |
|
404
CONMED
CNMD
$1.54B
| $46.7M | 0.06% |
418,005
+75,648
| +22% | +$8.06M |
|
405
Valero Energy
VLO
$99.6B
| $46.6M | 0.06% |
498,113
-279,401
| -36% | -$26.4M |
|
406
Costco
COST
$431B
| $46.6M | 0.06% |
158,566
-364,395
| -70% | -$108M |
|
407
Sherwin-Williams
SHW
$84.2B
| $46.5M | 0.06% |
239,238
+158,223
| +195% | +$30.2M |
|
408
PUT
Advanced Micro Devices
AMD
$746B
| $46.3M | 0.06% |
1,009,000
+584,000
| +137% | +$21.5M |
|
|
ZAYO
409
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $46.2M | 0.06% |
1,333,692
+156,907
| +13% | +$5.37M |
|
410
PUT
ConocoPhillips
COP
$160B
| $46.1M | 0.06% |
708,900
+470,900
| +198% | +$27.7M |
|
411
International Bancshares
IBOC
$4.45B
| $45.6M | 0.06% |
1,059,461
-290,386
| -22% | -$12M |
|
|
VAR
412
DELISTED
Varian Medical Systems, Inc.
VAR
| $45.6M | 0.06% |
321,014
+309,017
| +2,576% | +$39.4M |
|
413
PUT
Lockheed Martin
LMT
$130B
| $45.6M | 0.06% |
117,000
+81,600
| +231% | +$31.3M |
|
414
PUT
Merck
MRK
$372B
| $45.5M | 0.06% |
523,895
+256,550
| +96% | +$21.1M |
|
415
Booking.com
BKNG
$160B
| $45.5M | 0.06% |
553,275
+14,825
| +3% | +$1.16M |
|
|
DNKN
416
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $45.3M | 0.06% |
599,987
+554,001
| +1,205% | +$41.9M |
|
417
Carlisle Companies
CSL
$14.4B
| $45.3M | 0.06% |
280,022
-34,620
| -11% | -$5.34M |
|
418
Public Service Enterprise Group
PEG
$36.6B
| $45.3M | 0.06% |
767,217
+141,597
| +23% | +$8.58M |
|
419
JD.com
JD
$39.4B
| $45.3M | 0.06% |
1,284,612
-1,801,961
| -58% | -$58.1M |
|
420
Nomad Foods
NOMD
$1.69B
| $45.2M | 0.06% |
2,021,780
+1,325,616
| +190% | +$27M |
|
|
MTOR
421
DELISTED
MERITOR, Inc.
MTOR
| $45.1M | 0.06% |
1,720,712
+1,442,875
| +519% | +$32.6M |
|
422
PUT
State Street SPDR S&P Retail ETF
XRT
$329M
| $45.1M | 0.06% |
979,200
-800,000
| -45% | -$35.2M |
|
423
State Street
STT
$52.4B
| $45M | 0.06% |
569,105
-670,934
| -54% | -$47.2M |
|
424
PUT
SPDR Gold Trust
GLD
$155B
| $45M | 0.06% |
+315,000
| New | +$44M |
|
425
Stryker
SYK
$126B
| $44.6M | 0.06% |
+212,599
| New | +$44.1M |
|
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.