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 |
LyondellBasell Industries
LYB
|
+$492M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$392M |
| 3 |
Apple
AAPL
|
+$245M |
| 4 |
AGN
Allergan plc
AGN
|
+$238M |
| 5 |
NXP Semiconductors
NXPI
|
+$226M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$568M |
| 2 |
Coty
COTY
|
+$491M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$224M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$211M |
| 5 |
Sysco
SYY
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.06% |
| 2 | Technology | 11.97% |
| 3 | Financials | 10.69% |
| 4 | Consumer Discretionary | 8.47% |
| 5 | Industrials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
CDW
CDW
$17.2B
| $32.5M | 0.05% |
293,220
+196,581
| +203% | +$20.6M |
|
527
PUT
United Airlines
UAL
$36.7B
| $32.3M | 0.05% |
369,300
+137,500
| +59% | +$11.6M |
|
528
Sibanye-Stillwater
SBSW
$8.9B
| $32.3M | 0.05% |
6,800,837
+5,899,577
| +655% | +$23.4M |
|
529
Cheesecake Factory
CAKE
$5.64B
| $32.3M | 0.05% |
738,267
+179,966
| +32% | +$8.41M |
|
530
iShares MSCI Emerging Markets ETF
EEM
$31.2B
| $32.2M | 0.05% |
750,821
-463,032
| -38% | -$19.7M |
|
531
XPO
XPO
$23.2B
| $32.2M | 0.05% |
1,610,191
-749,554
| -32% | -$15.3M |
|
532
Novartis
NVS
$302B
| $32.2M | 0.05% |
352,466
-773,026
| -69% | -$65.4M |
|
533
Prudential Financial
PRU
$41.8B
| $32.1M | 0.05% |
317,680
-764,541
| -71% | -$76.2M |
|
|
AMTD
534
DELISTED
TD Ameritrade Holding Corp
AMTD
| $32M | 0.05% |
641,712
+197,012
| +44% | +$10.2M |
|
|
IPHI
535
DELISTED
INPHI CORPORATION
IPHI
| $31.8M | 0.05% |
633,760
+468,075
| +283% | +$21.8M |
|
536
Texas Roadhouse
TXRH
$13.4B
| $31.7M | 0.05% |
591,550
-886,197
| -60% | -$49.8M |
|
537
iShares MSCI Brazil ETF
EWZ
$8.04B
| $31.6M | 0.05% |
722,169
+575,842
| +394% | +$23.8M |
|
538
Federated Hermes
FHI
$4.76B
| $31.6M | 0.05% |
971,206
+358,826
| +59% | +$11.3M |
|
539
Acadia Healthcare
ACHC
$2.59B
| $31.5M | 0.05% |
902,616
+281,746
| +45% | +$9.11M |
|
540
PUT
ExxonMobil
XOM
$679B
| $31.5M | 0.05% |
411,600
+322,800
| +364% | +$25M |
|
541
PUT
iQIYI
IQ
$1.01B
| $31.4M | 0.05% |
+1,520,000
| New | +$31.4M |
|
542
CALL
Targa Resources
TRGP
$64.1B
| $31.4M | 0.05% |
799,100
| – | – |
|
543
Smith & Nephew
SNN
$12.2B
| $31.4M | 0.05% |
720,419
-52,838
| -7% | -$2.19M |
|
544
PUT
Amgen
AMGN
$238B
| $31.4M | 0.05% |
170,200
+19,600
| +13% | +$3.51M |
|
545
Bunge Global
BG
$21.7B
| $31.4M | 0.05% |
562,841
-143,220
| -20% | -$7.64M |
|
|
ISBC
546
DELISTED
Investors Bancorp, Inc.
ISBC
| $31.3M | 0.05% |
2,805,828
-2,912,712
| -51% | -$33M |
|
547
PUT
Pfizer
PFE
$160B
| $31.2M | 0.05% |
+760,145
| New | +$30.2M |
|
548
First Bancorp
FBP
$4.35B
| $31.2M | 0.05% |
2,823,240
+2,175,012
| +336% | +$23.4M |
|
549
Lyft
LYFT
$6.61B
| $31.2M | 0.05% |
474,299
-505,209
| -52% | -$30.4M |
|
550
Everest Group
EG
$14.2B
| $31.2M | 0.05% |
126,083
+21,718
| +21% | +$5.21M |
|
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Israel Englander's Q2 2019 Portfolio in Review
As of Q2 2019, Israel Englander held 4,801 positions worth $66.5B, down 0.45% from $66.8B the previous quarter. Its ten largest holdings account for 7.7% of the portfolio.
Israel Englander's Q2 2019 filing shows 865 new, 1,488 increased, 1,571 reduced and 810 closed positions. Its largest new stake was Moody's: 638,271 shares worth $125M. The largest sale was Walt Disney, an estimated $568M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
- Israel Englander's largest Q2 2019 buy was Moody's: 638,271 shares worth $125M.
- Israel Englander added most to LyondellBasell Industries in Q2 2019, an estimated $492M increase.
- Israel Englander's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $568M.
- Israel Englander fully exited Sysco in Q2 2019, selling an estimated $208M.
- Israel Englander's ten largest holdings make up 7.7% of its $66.5B portfolio in Q2 2019.
- Israel Englander opened 865 new positions and closed 810 in Q2 2019.
- Israel Englander's portfolio value fell 0.45% quarter-over-quarter to $66.5B.
Based on Millennium Management's 13F filing for Q2 2019, filed 14 Aug 2019.