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 | |
|---|---|---|---|---|---|---|
401
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $40.8K | 0.05% |
250,000
+227,200
| +996% | +$37.7M |
|
402
CONMED
CNMD
$1.53B
| $40.7K | 0.05% |
517,017
+49,387
| +11% | +$4.03M |
|
403
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $40.4K | 0.05% |
+300,000
| New | +$40.9M |
|
404
PUT
Gilead Sciences
GILD
$181B
| $40.3K | 0.05% |
638,400
-181,200
| -22% | -$12.6M |
|
405
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $40.2K | 0.05% |
2,681,400
-399,200
| -13% | -$7.09M |
|
406
Thomson Reuters
TRI
$45.7B
| $40.1K | 0.05% |
477,685
+370,721
| +347% | +$28.8M |
|
407
CALL
Akamai
AKAM
$15.9B
| $40.1K | 0.05% |
362,800
+258,000
| +246% | +$28.6M |
|
408
AMC Global Media
AMCX
$511M
| $40K | 0.05% |
1,620,159
+1,348,364
| +496% | +$32.4M |
|
|
RTP.U
409
DELISTED
Reinvent Technology Partners Units, each consisting of one Class A ordinary share and one-fourth of
RTP.U
| $39.9K | 0.05% |
+3,474,138
| New | +$39.9M |
|
|
CCIV.U
410
DELISTED
Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth
CCIV.U
| $39.8K | 0.05% |
+3,976,322
| New | +$39.8M |
|
|
BEAT
411
DELISTED
BioTelemetry, Inc.
BEAT
| $39.8K | 0.05% |
873,228
+803,992
| +1,161% | +$33.6M |
|
412
Markel Group
MKL
$22.2B
| $39.8K | 0.05% |
40,840
+11,463
| +39% | +$11.6M |
|
413
CMS Energy
CMS
$21.4B
| $39.8K | 0.05% |
647,419
-133,400
| -17% | -$8.17M |
|
414
Norfolk Southern
NSC
$78.8B
| $39.7K | 0.05% |
185,612
+120,236
| +184% | +$24.1M |
|
415
Copart
CPRT
$31.3B
| $39.6K | 0.05% |
1,507,976
-433,380
| -22% | -$10.5M |
|
416
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $39.5K | 0.05% |
1,590,000
-1,435,000
| -47% | -$34.6M |
|
|
RDS.B
417
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $39.5K | 0.05% |
1,631,532
-894,882
| -35% | -$25.6M |
|
418
FMC
FMC
$1.38B
| $39.4K | 0.05% |
372,248
+216,672
| +139% | +$23.2M |
|
419
Old Dominion Freight Line
ODFL
$42.8B
| $38.9K | 0.05% |
430,526
+425,208
| +7,996% | +$39.9M |
|
|
TMX
420
DELISTED
Terminix Global Holdings, Inc.
TMX
| $38.9K | 0.05% |
975,990
-214,589
| -18% | -$8.46M |
|
421
PUT
AutoZone
AZO
$48.3B
| $38.9K | 0.05% |
33,000
-12,400
| -27% | -$14.7M |
|
422
Sunrun
RUN
$2.21B
| $38.8K | 0.05% |
503,391
+351,281
| +231% | +$16.5M |
|
423
PUT
Mondelez International
MDLZ
$82.3B
| $38.8K | 0.05% |
675,000
+92,000
| +16% | +$5.12M |
|
424
BioMarin Pharmaceuticals
BMRN
$12.9B
| $38.7K | 0.05% |
509,064
+374,732
| +279% | +$37.9M |
|
425
AptarGroup
ATR
$8.57B
| $38.7K | 0.05% |
341,987
+226,700
| +197% | +$26.5M |
|
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.