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 | |
|---|---|---|---|---|---|---|
501
Verisk Analytics
VRSK
$24.7B
| $37.3M | 0.05% |
249,809
-97,788
| -28% | -$14.5M |
|
502
Regeneron Pharmaceuticals
REGN
$85.3B
| $37.1M | 0.05% |
98,806
-246,382
| -71% | -$82.9M |
|
503
KB Home
KBH
$3.41B
| $36.9M | 0.05% |
1,075,411
+145,717
| +16% | +$5.03M |
|
504
CALL
Walmart Inc
WMT
$847B
| $36.8M | 0.05% |
929,700
+357,600
| +63% | +$14.2M |
|
505
Franklin Templeton
BEN
$17.6B
| $36.6M | 0.05% |
1,410,663
-227,586
| -14% | -$6.18M |
|
506
MSCI
MSCI
$41.5B
| $36.6M | 0.05% |
141,658
+45,707
| +48% | +$11.1M |
|
507
PUT
Paychex
PAYX
$44.8B
| $36.5M | 0.05% |
429,400
+402,500
| +1,496% | +$34M |
|
508
UnitedHealth
UNH
$358B
| $36.3M | 0.05% |
123,506
-148,636
| -55% | -$38.9M |
|
|
XYZ
509
Block Inc
XYZ
$48.9B
| $36.3M | 0.05% |
579,606
+570,688
| +6,399% | +$36.5M |
|
510
Prudential Financial
PRU
$42.3B
| $36.2M | 0.05% |
386,645
+371,323
| +2,423% | +$34.1M |
|
511
Willis Towers Watson
WTW
$32.6B
| $36.2M | 0.05% |
179,246
-67,605
| -27% | -$13M |
|
|
MXIM
512
DELISTED
Maxim Integrated Products
MXIM
| $36.2M | 0.05% |
588,279
+542,669
| +1,190% | +$31.6M |
|
513
Brown & Brown
BRO
$25B
| $36.1M | 0.05% |
914,146
-762,286
| -45% | -$28.6M |
|
|
TECD
514
DELISTED
Tech Data Corp
TECD
| $36M | 0.05% |
250,890
+152,429
| +155% | +$19.6M |
|
515
GoDaddy
GDDY
$12.7B
| $35.9M | 0.05% |
529,212
+233,281
| +79% | +$15.4M |
|
516
Pultegroup
PHM
$24.7B
| $35.9M | 0.05% |
926,320
+919,522
| +13,526% | +$35.7M |
|
517
Sabre
SABR
$912M
| $35.8M | 0.04% |
1,596,690
-480,847
| -23% | -$10.7M |
|
518
Fluor
FLR
$6.86B
| $35.8M | 0.04% |
1,896,324
+105,952
| +6% | +$1.93M |
|
|
TMHC
519
DELISTED
Taylor Morrison
TMHC
| $35.8M | 0.04% |
1,637,387
+843,642
| +106% | +$20.3M |
|
520
Keysight
KEYS
$52.9B
| $35.8M | 0.04% |
348,373
-232,491
| -40% | -$23.8M |
|
521
Prosperity Bancshares
PB
$8.74B
| $35.7M | 0.04% |
+497,090
| New | +$35.1M |
|
522
Wendy's
WEN
$1.69B
| $35.7M | 0.04% |
1,608,108
+1,576,543
| +4,995% | +$33.4M |
|
523
Northern Trust
NTRS
$34.2B
| $35.5M | 0.04% |
333,899
+177,777
| +114% | +$18.2M |
|
524
Baker Hughes
BKR
$61.5B
| $35.1M | 0.04% |
1,371,060
-1,576,343
| -53% | -$35.8M |
|
525
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $35M | 0.04% |
413,892
-235,578
| -36% | -$20M |
|
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.