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 | |
|---|---|---|---|---|---|---|
476
Dick's Sporting Goods
DKS
$16.1B
| $39.9M | 0.05% |
806,114
+622,615
| +339% | +$26.5M |
|
477
iRhythm Holdings
IRTC
$4.13B
| $39.9M | 0.05% |
585,856
+262,220
| +81% | +$17.8M |
|
|
PRMW
478
DELISTED
Primo Water Corporation
PRMW
| $39.9M | 0.05% |
2,914,750
-58,881
| -2% | -$768K |
|
|
INFO
479
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $39.6M | 0.05% |
526,164
+475,150
| +931% | +$33.8M |
|
480
CALL
Bristol-Myers Squibb
BMY
$137B
| $39.4M | 0.05% |
844,700
+900
| +0.1% | +$51.5K |
|
481
Aurinia Pharmaceuticals
AUPH
$2.2B
| $39.4M | 0.05% |
1,945,094
+1,386,635
| +248% | +$12.8M |
|
482
TransDigm Group
TDG
$66.3B
| $39.3M | 0.05% |
70,103
-26,475
| -27% | -$14.5M |
|
483
Vornado Realty Trust
VNO
$7.26B
| $39.2M | 0.05% |
590,052
+320,696
| +119% | +$20.7M |
|
484
lululemon athletica
LULU
$13.9B
| $39.2M | 0.05% |
169,112
-23,150
| -12% | -$4.93M |
|
485
Automatic Data Processing
ADP
$112B
| $39.2M | 0.05% |
229,681
-165,379
| -42% | -$27.4M |
|
486
Coca-Cola Europacific Partners
CCEP
$48.6B
| $38.8M | 0.05% |
761,815
+508,769
| +201% | +$26.8M |
|
487
CALL
Citigroup
C
$221B
| $38.6M | 0.05% |
482,800
+230,000
| +91% | +$17M |
|
488
Aon
AON
$76.2B
| $38.2M | 0.05% |
183,626
+14,743
| +9% | +$2.92M |
|
489
iShares Core S&P Small-Cap ETF
IJR
$111B
| $38.1M | 0.05% |
454,587
+433,599
| +2,066% | +$34.9M |
|
490
PTC
PTC
$16.7B
| $38.1M | 0.05% |
508,097
+495,103
| +3,810% | +$35.2M |
|
491
Microchip Technology
MCHP
$40.3B
| $38M | 0.05% |
726,274
+545,896
| +303% | +$26.4M |
|
492
PUT
Coca-Cola
KO
$396B
| $37.9M | 0.05% |
684,500
+560,500
| +452% | +$30.1M |
|
493
KKR & Co
KKR
$96.3B
| $37.9M | 0.05% |
1,298,242
+517,949
| +66% | +$14.8M |
|
|
WRI
494
DELISTED
Weingarten Realty Investors
WRI
| $37.9M | 0.05% |
1,211,835
+941,471
| +348% | +$28.8M |
|
|
NUVA
495
DELISTED
NuVasive, Inc.
NUVA
| $37.8M | 0.05% |
+488,761
| New | +$34.5M |
|
496
Exelon
EXC
$45.7B
| $37.8M | 0.05% |
1,162,031
-697,087
| -37% | -$22.6M |
|
497
Boston Beer
SAM
$1.95B
| $37.8M | 0.05% |
99,916
-49,815
| -33% | -$18.8M |
|
498
Eli Lilly
LLY
$1.11T
| $37.7M | 0.05% |
286,569
+209,412
| +271% | +$24.3M |
|
499
Avnet
AVT
$7.08B
| $37.4M | 0.05% |
881,559
+141,857
| +19% | +$5.84M |
|
500
iShares MSCI EAFE ETF
EFA
$79.9B
| $37.4M | 0.05% |
537,909
+347,922
| +183% | +$23.5M |
|
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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.