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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GRFS
501
Grifois
GRFS
$5.44B
| $30.2M | 0.04% |
1,654,201
-951,730
| -37% | -$18.9M |
|
502
Cousins Properties
CUZ
$4.89B
| $30.1M | 0.04% |
1,009,293
+303,519
| +43% | +$9.11M |
|
503
CALL
Chevron
CVX
$403B
| $30.1M | 0.04% |
336,900
+61,800
| +22% | +$5.53M |
|
|
TWNK
504
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $30M | 0.04% |
2,451,397
+1,437,999
| +142% | +$17M |
|
505
Acadia Healthcare
ACHC
$2.59B
| $29.9M | 0.04% |
1,191,246
+795,873
| +201% | +$19.9M |
|
506
PUT
Mondelez International
MDLZ
$82.3B
| $29.8M | 0.04% |
583,000
-189,800
| -25% | -$9.75M |
|
|
CHX
507
DELISTED
ChampionX
CHX
| $29.6M | 0.04% |
3,034,523
+2,293,207
| +309% | +$21M |
|
508
PUT
Oracle
ORCL
$422B
| $29.5M | 0.04% |
533,600
-167,200
| -24% | -$8.86M |
|
509
Deckers Outdoor
DECK
$12.5B
| $29.4M | 0.04% |
898,974
-7,122
| -0.8% | -$196K |
|
510
Skillsoft
SKIL
$74.3M
| $29.4M | 0.04% |
130,000
+697
| +0.5% | +$146K |
|
511
Datadog
DDOG
$84.6B
| $29.4M | 0.04% |
337,867
+215,146
| +175% | +$13.1M |
|
512
CALL
Union Pacific
UNP
$183B
| $29.4M | 0.04% |
173,600
+96,000
| +124% | +$15.4M |
|
513
Burlington
BURL
$20.6B
| $29.2M | 0.04% |
148,429
+35,207
| +31% | +$6.63M |
|
514
PUT
Abbott
ABT
$202B
| $29.2M | 0.04% |
319,500
+94,200
| +42% | +$8.51M |
|
515
Citizens Financial Group
CFG
$29.4B
| $29.2M | 0.04% |
1,156,680
+1,083,565
| +1,482% | +$24.6M |
|
516
CALL
Citigroup
C
$221B
| $29.1M | 0.04% |
569,800
+476,800
| +513% | +$22.6M |
|
517
First Horizon
FHN
$11.7B
| $29.1M | 0.04% |
2,920,469
+2,260,280
| +342% | +$20.5M |
|
518
PUT
Coca-Cola
KO
$392B
| $29.1M | 0.04% |
650,200
+186,300
| +40% | +$8.58M |
|
519
CALL
United Parcel Service
UPS
$86.8B
| $29.1M | 0.04% |
+261,300
| New | +$26.1M |
|
520
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $29M | 0.04% |
+730,600
| New | +$28.5M |
|
521
Ollie's Bargain Outlet
OLLI
$4.6B
| $29M | 0.04% |
296,883
+185,403
| +166% | +$14.3M |
|
522
Sysco
SYY
$40.2B
| $28.9M | 0.04% |
528,339
+212,674
| +67% | +$11.2M |
|
523
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.6B
| $28.8M | 0.04% |
256,900
-241,800
| -48% | -$23.8M |
|
524
Cytokinetics
CYTK
$10.7B
| $28.7M | 0.04% |
1,217,781
-273,146
| -18% | -$5.12M |
|
525
Masco
MAS
$14.5B
| $28.7M | 0.04% |
571,272
-126,042
| -18% | -$5.46M |
|
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Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.