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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.91% |
| 2 | Technology | 7.43% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 5.69% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Integra LifeSciences
IART
$1.3B
| $18.9M | 0.04% |
423,184
+413,343
| +4,200% | +$21.7M |
|
|
PFPT
477
DELISTED
Proofpoint, Inc.
PFPT
| $18.9M | 0.04% |
183,806
-78,430
| -30% | -$9.15M |
|
478
PUT
TJX Companies
TJX
$155B
| $18.8M | 0.04% |
393,700
+20,900
| +6% | +$1.2M |
|
479
HighPeak Energy
HPK
$1.05B
| $18.7M | 0.04% |
1,800,000
+390,000
| +28% | +$4.06M |
|
|
BNY
480
Bank of New York Mellon
BNY
$108B
| $18.6M | 0.04% |
553,064
-4,090,619
| -88% | -$172M |
|
481
Jack Henry & Associates
JKHY
$11.8B
| $18.6M | 0.04% |
119,966
-77,012
| -39% | -$12M |
|
|
SAGE
482
DELISTED
Sage Therapeutics
SAGE
| $18.6M | 0.04% |
647,470
+584,336
| +926% | +$33.8M |
|
483
Air Products & Chemicals
APD
$67.9B
| $18.6M | 0.04% |
93,035
-15,666
| -14% | -$3.57M |
|
484
CALL
Boeing
BA
$169B
| $18.6M | 0.04% |
124,400
+37,700
| +43% | +$10.3M |
|
485
Quanta Services
PWR
$96.1B
| $18.5M | 0.04% |
583,337
-1,063,976
| -65% | -$39.5M |
|
486
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $18.5M | 0.04% |
6,250
-13,281
| -68% | -$21.6M |
|
487
Donaldson
DCI
$10.8B
| $18.5M | 0.04% |
478,250
+235,379
| +97% | +$11.5M |
|
488
Moderna
MRNA
$57.9B
| $18.5M | 0.04% |
+616,411
| New | +$14.2M |
|
489
Simply Good Foods
SMPL
$962M
| $18.5M | 0.04% |
958,517
-244,313
| -20% | -$5.34M |
|
490
Intuit
INTU
$100B
| $18.3M | 0.04% |
79,725
+43,887
| +122% | +$11.9M |
|
491
Advantage Solutions
ADV
$441M
| $18.3M | 0.04% |
+74,000
| New | +$20M |
|
|
492
PUT
Intuit
INTU
$100B
| $18.2M | 0.04% |
79,300
+25,700
| +48% | +$6.96M |
|
493
Five Below
FIVE
$13.8B
| $18.2M | 0.04% |
258,866
-464,479
| -64% | -$47.3M |
|
494
Check Point Software Technologies
CHKP
$13.3B
| $18.2M | 0.04% |
181,116
+85,826
| +90% | +$9.19M |
|
495
American Water Works
AWK
$26.9B
| $18M | 0.04% |
150,301
-26,975
| -15% | -$3.48M |
|
496
Burlington
BURL
$20.6B
| $17.9M | 0.04% |
113,222
-147,416
| -57% | -$31M |
|
497
PUT
Chewy
CHWY
$9.83B
| $17.9M | 0.04% |
477,900
+297,900
| +166% | +$8.75M |
|
|
OPTU
498
Optimum Communications Inc
OPTU
$323M
| $17.9M | 0.04% |
803,279
+407,397
| +103% | +$10.6M |
|
499
PUT
Abbott
ABT
$202B
| $17.8M | 0.04% |
225,300
-251,500
| -53% | -$21M |
|
500
Charles River Laboratories
CRL
$14.1B
| $17.8M | 0.04% |
140,772
-330,998
| -70% | -$49.6M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.