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 |
LyondellBasell Industries
LYB
|
+$492M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$392M |
| 3 |
Apple
AAPL
|
+$245M |
| 4 |
AGN
Allergan plc
AGN
|
+$238M |
| 5 |
NXP Semiconductors
NXPI
|
+$226M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$568M |
| 2 |
Coty
COTY
|
+$491M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$224M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$211M |
| 5 |
Sysco
SYY
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.06% |
| 2 | Technology | 11.97% |
| 3 | Financials | 10.69% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Industrials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
CMS Energy
CMS
$21.4B
| $228M | 0.34% |
3,940,203
+1,216,570
| +45% | +$68.3M |
|
27
Capital One
COF
$134B
| $226M | 0.34% |
2,486,952
+270,360
| +12% | +$24.2M |
|
28
Visa
V
$693B
| $225M | 0.34% |
1,297,779
-682,419
| -34% | -$112M |
|
29
KeyCorp
KEY
$23.3B
| $216M | 0.33% |
12,187,149
+7,442,416
| +157% | +$126M |
|
30
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $210M | 0.32% |
717,200
+663,700
| +1,241% | +$191M |
|
31
CALL
Amazon
AMZN
$2.79T
| $209M | 0.31% |
2,204,000
-356,000
| -14% | -$33.2M |
|
32
PUT
Alibaba
BABA
$286B
| $205M | 0.31% |
1,211,600
+1,187,900
| +5,012% | +$205M |
|
33
Delta Air Lines
DAL
$54.2B
| $200M | 0.3% |
3,526,687
+922,224
| +35% | +$51.7M |
|
34
Boston Scientific
BSX
$73B
| $197M | 0.3% |
4,580,662
-88,732
| -2% | -$3.41M |
|
|
35
Amazon
AMZN
$2.79T
| $195M | 0.29% |
2,059,900
-1,293,000
| -39% | -$120M |
|
36
Bank of America
BAC
$431B
| $192M | 0.29% |
6,620,544
+4,506,704
| +213% | +$130M |
|
|
37
CALL
Apple
AAPL
$4.51T
| $189M | 0.28% |
3,823,200
+1,218,000
| +47% | +$59.3M |
|
38
Evergy
EVRG
$18.7B
| $189M | 0.28% |
3,141,149
+729,180
| +30% | +$42.7M |
|
39
CALL
Microsoft
MSFT
$3.59T
| $188M | 0.28% |
1,402,300
+259,500
| +23% | +$32.9M |
|
40
PUT
Meta Platforms (Facebook)
META
$1.4T
| $188M | 0.28% |
973,000
-532,400
| -35% | -$97.3M |
|
41
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $185M | 0.28% |
4,314,500
-2,235,500
| -34% | -$94.9M |
|
42
McDonald's
MCD
$192B
| $184M | 0.28% |
887,463
-102,747
| -10% | -$20.4M |
|
43
TechnipFMC
FTI
$30.4B
| $184M | 0.28% |
9,510,794
+7,272,218
| +325% | +$128M |
|
44
HCA Healthcare
HCA
$92.9B
| $183M | 0.28% |
1,357,460
+1,346,554
| +12,347% | +$170M |
|
45
EOG Resources
EOG
$80.3B
| $180M | 0.27% |
1,935,542
+750,116
| +63% | +$69.8M |
|
|
46
PUT
LyondellBasell Industries
LYB
$21.8B
| $179M | 0.27% |
2,077,600
+2,032,500
| +4,507% | +$173M |
|
47
ConocoPhillips
COP
$162B
| $177M | 0.27% |
2,897,347
-1,978,305
| -41% | -$123M |
|
|
48
CALL
Meta Platforms (Facebook)
META
$1.4T
| $175M | 0.26% |
904,500
+127,200
| +16% | +$23.2M |
|
49
Union Pacific
UNP
$183B
| $169M | 0.25% |
1,001,239
-482,846
| -33% | -$82.7M |
|
50
Masco
MAS
$14.5B
| $168M | 0.25% |
4,285,689
-126,239
| -3% | -$4.87M |
|
Similar funds
Israel Englander's Q2 2019 Portfolio in Review
As of Q2 2019, Israel Englander held 4,801 positions worth $66.5B, down 0.45% from $66.8B the previous quarter. Its ten largest holdings account for 7.7% of the portfolio.
Israel Englander's Q2 2019 filing shows 865 new, 1,488 increased, 1,571 reduced and 810 closed positions. Its largest new stake was Moody's: 638,271 shares worth $125M. The largest sale was Walt Disney, an estimated $568M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
- Israel Englander's largest Q2 2019 buy was Moody's: 638,271 shares worth $125M.
- Israel Englander added most to LyondellBasell Industries in Q2 2019, an estimated $492M increase.
- Israel Englander's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $568M.
- Israel Englander fully exited Sysco in Q2 2019, selling an estimated $208M.
- Israel Englander's ten largest holdings make up 7.7% of its $66.5B portfolio in Q2 2019.
- Israel Englander opened 865 new positions and closed 810 in Q2 2019.
- Israel Englander's portfolio value fell 0.45% quarter-over-quarter to $66.5B.
Based on Millennium Management's 13F filing for Q2 2019, filed 14 Aug 2019.