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 | |
|---|---|---|---|---|---|---|
451
SL Green Realty
SLG
$4.15B
| $41.9M | 0.05% |
471,499
+425,560
| +926% | +$35M |
|
452
Healthcare Realty
HR
$6.62B
| $41.7M | 0.05% |
1,376,008
+313,258
| +29% | +$9.36M |
|
453
PUT
US Bancorp
USB
$97.3B
| $41.6M | 0.05% |
701,000
+443,500
| +172% | +$25.6M |
|
454
Neurocrine Biosciences
NBIX
$15.6B
| $41.5M | 0.05% |
386,058
+109,006
| +39% | +$11.4M |
|
455
Archer Daniels Midland
ADM
$37.7B
| $41.5M | 0.05% |
894,722
+682,075
| +321% | +$29.1M |
|
456
PUT
Abbott
ABT
$202B
| $41.4M | 0.05% |
476,800
+75,800
| +19% | +$6.35M |
|
457
Graphic Packaging
GPK
$3.39B
| $41.3M | 0.05% |
2,482,791
+2,021,868
| +439% | +$32M |
|
458
CALL
Goldman Sachs
GS
$302B
| $41.3M | 0.05% |
179,500
+95,000
| +112% | +$20.6M |
|
|
AJRD
459
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $41.3M | 0.05% |
903,462
+895,860
| +11,785% | +$40.6M |
|
460
Bath & Body Works
BBWI
$3.86B
| $41.2M | 0.05% |
2,811,297
+856,169
| +44% | +$12.4M |
|
461
Occidental Petroleum
OXY
$60.1B
| $41.2M | 0.05% |
999,209
-275,288
| -22% | -$11M |
|
462
CALL
Stryker
SYK
$126B
| $40.9M | 0.05% |
195,000
+23,300
| +14% | +$4.84M |
|
463
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $40.9M | 0.05% |
650,000
-21,700
| -3% | -$1.34M |
|
464
Renasant Corp
RNST
$3.79B
| $40.9M | 0.05% |
+1,154,433
| New | +$40.7M |
|
|
ABMD
465
DELISTED
Abiomed Inc
ABMD
| $40.9M | 0.05% |
239,640
+190,659
| +389% | +$35.3M |
|
|
ZNGA
466
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $40.7M | 0.05% |
6,656,123
-4,866,657
| -42% | -$30.1M |
|
467
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $40.7M | 0.05% |
499,700
-201,000
| -29% | -$16M |
|
468
Americold
COLD
$4.31B
| $40.5M | 0.05% |
1,155,742
-65,231
| -5% | -$2.4M |
|
469
PUT
Qualcomm
QCOM
$166B
| $40.5M | 0.05% |
458,500
+175,600
| +62% | +$14.7M |
|
470
Boston Properties
BXP
$11.2B
| $40.4M | 0.05% |
292,685
-43,466
| -13% | -$5.86M |
|
|
SAVE
471
DELISTED
Spirit Airlines, Inc.
SAVE
| $40.3M | 0.05% |
999,924
+984,017
| +6,186% | +$37.4M |
|
472
iShares US Real Estate ETF
IYR
$4.67B
| $40.2M | 0.05% |
431,501
+381,430
| +762% | +$35.4M |
|
473
CALL
Intuitive Surgical
ISRG
$132B
| $40M | 0.05% |
203,100
+40,200
| +25% | +$7.53M |
|
474
Pilgrim's Pride
PPC
$7.57B
| $40M | 0.05% |
1,223,323
+784,549
| +179% | +$24.4M |
|
475
AT&T
T
$176B
| $40M | 0.05% |
1,354,541
+1,325,038
| +4,491% | +$38.3M |
|
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.