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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.57% |
| 2 | Technology | 12.05% |
| 3 | Financials | 10.74% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Energy | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.8B
| $32.7M | 0.05% |
+988,400
| New | +$31.8M |
|
|
SWN
527
DELISTED
Southwestern Energy Company
SWN
| $32.7M | 0.05% |
6,963,988
+202,321
| +3% | +$874K |
|
528
CME Group
CME
$98.9B
| $32.5M | 0.05% |
197,482
+107,482
| +119% | +$19M |
|
529
CALL
Eli Lilly
LLY
$1.12T
| $32.5M | 0.05% |
250,400
+100,400
| +67% | +$12.2M |
|
530
NOV
NOV
$7.28B
| $32.4M | 0.05% |
+1,218,041
| New | +$34.6M |
|
531
Hilltop Holdings
HTH
$2.22B
| $32.3M | 0.05% |
1,771,345
+236,278
| +15% | +$4.39M |
|
|
NATI
532
DELISTED
National Instruments Corp
NATI
| $32.3M | 0.05% |
727,864
-387,774
| -35% | -$17.6M |
|
533
Bath & Body Works
BBWI
$3.92B
| $32.2M | 0.05% |
1,443,633
+1,322,725
| +1,094% | +$29.1M |
|
534
CALL
DuPont de Nemours
DD
$18.7B
| $32M | 0.05% |
+237,403
| New | +$32.9M |
|
535
Verra Mobility
VRRM
$693M
| $32M | 0.05% |
+2,692,585
| New | +$27.9M |
|
536
TriNet
TNET
$3.24B
| $32M | 0.05% |
535,886
+528,930
| +7,604% | +$27.9M |
|
537
Waters Corp
WAT
$40.4B
| $32M | 0.05% |
127,016
+56,183
| +79% | +$12.8M |
|
538
Ingredion
INGR
$6.74B
| $31.9M | 0.05% |
336,870
+258,357
| +329% | +$24.4M |
|
539
Sea Limited
SE
$72B
| $31.9M | 0.05% |
1,355,742
+947,939
| +232% | +$16.6M |
|
540
General Motors
GM
$77.2B
| $31.8M | 0.05% |
858,214
-2,710,127
| -76% | -$103M |
|
|
FOLD
541
DELISTED
Amicus Therapeutics
FOLD
| $31.6M | 0.05% |
2,325,550
+2,004,615
| +625% | +$24.5M |
|
542
CALL
Oracle
ORCL
$422B
| $31.6M | 0.05% |
588,500
+578,500
| +5,785% | +$29.5M |
|
543
East-West Bancorp
EWBC
$17.8B
| $31.5M | 0.05% |
656,972
-599,661
| -48% | -$30.6M |
|
544
Five Below
FIVE
$13.8B
| $31.5M | 0.05% |
253,359
+189,627
| +298% | +$23M |
|
545
Baker Hughes
BKR
$61.9B
| $31.4M | 0.05% |
1,132,759
-9,008,348
| -89% | -$228M |
|
|
SAFM
546
DELISTED
Sanderson Farms Inc
SAFM
| $31.4M | 0.05% |
238,164
-12,597
| -5% | -$1.51M |
|
547
Workday
WDAY
$49.4B
| $31.3M | 0.05% |
162,047
+80,571
| +99% | +$14.7M |
|
548
First Solar
FSLR
$23B
| $31.2M | 0.05% |
590,490
-1,475,270
| -71% | -$74.3M |
|
549
Gaming and Leisure Properties
GLPI
$12.7B
| $31.1M | 0.05% |
806,707
-1,611,095
| -67% | -$58.6M |
|
550
Smith & Nephew
SNN
$12.2B
| $31M | 0.05% |
773,257
+133,177
| +21% | +$5.12M |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $6.14B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.