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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.18% |
| 2 | Consumer Discretionary | 6.93% |
| 3 | Technology | 6.31% |
| 4 | Industrials | 5.82% |
| 5 | Financials | 5.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KSMTU
526
DELISTED
Kismet Acquisition One Corp Unit
KSMTU
| $31.3K | 0.04% |
+2,450,000
| New | +$24.6M |
|
527
PUT
JD.com
JD
$39.7B
| $31.1K | 0.04% |
401,000
+242,600
| +153% | +$16.9M |
|
528
CALL
Gilead Sciences
GILD
$181B
| $31.1K | 0.04% |
491,600
-8,000
| -2% | -$555K |
|
529
Bilibili
BILI
$7.14B
| $31K | 0.04% |
745,398
+233,704
| +46% | +$10.3M |
|
530
ITT
ITT
$18.6B
| $31K | 0.04% |
524,808
+226,708
| +76% | +$13.7M |
|
|
GBT
531
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $31K | 0.04% |
561,441
+252,789
| +82% | +$16.1M |
|
532
Cannae Holdings
CNNE
$672M
| $30.9K | 0.04% |
829,910
-471,983
| -36% | -$17.9M |
|
|
VMRK
533
Vivmark Residential
VMRK
$25B
| $30.9K | 0.04% |
601,635
+69,388
| +13% | +$3.84M |
|
534
PUT
Workday
WDAY
$49.4B
| $30.8K | 0.04% |
143,300
-66,500
| -32% | -$13.2M |
|
|
OPTU
535
Optimum Communications Inc
OPTU
$323M
| $30.8K | 0.04% |
1,184,655
-5,863
| -0.5% | -$152K |
|
536
PUT
AbbVie
ABBV
$468B
| $30.8K | 0.04% |
351,200
-4,000
| -1% | -$377K |
|
537
RingCentral
RNG
$5.6B
| $30.7K | 0.04% |
111,637
-43,401
| -28% | -$12.1M |
|
538
NetEase
NTES
$82.1B
| $30.6K | 0.04% |
337,045
+334,675
| +14,121% | +$31.5M |
|
539
Bloomin' Brands
BLMN
$996M
| $30.6K | 0.04% |
+2,005,324
| New | +$25.9M |
|
540
McDonald's
MCD
$192B
| $30.6K | 0.04% |
139,460
-481,853
| -78% | -$98.9M |
|
541
AGNC Investment
AGNC
$12.9B
| $30.4K | 0.04% |
2,184,661
+577,511
| +36% | +$7.95M |
|
|
ENPC.U
542
DELISTED
Executive Network Partnering Corporation CAPS, each consisting of one share of Class A common stock, and one-quarter of one redeemable warrant
ENPC.U
| $30.3K | 0.04% |
+1,200,000
| New | +$30.2M |
|
543
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $30.3K | 0.04% |
111,200
+26,200
| +31% | +$7.23M |
|
544
VICI Properties
VICI
$29.2B
| $30.2K | 0.04% |
1,293,910
-459,271
| -26% | -$10.3M |
|
545
Gaming and Leisure Properties
GLPI
$12.7B
| $30.2K | 0.04% |
816,936
+599,239
| +275% | +$21.8M |
|
546
Capital One
COF
$134B
| $30.1K | 0.04% |
419,095
+89,744
| +27% | +$6M |
|
|
RP
547
DELISTED
RealPage, Inc.
RP
| $30.1K | 0.04% |
521,901
+336,352
| +181% | +$20.8M |
|
548
PUT
FedEx
FDX
$76.9B
| $30K | 0.04% |
119,400
+101,200
| +556% | +$20.2M |
|
549
QuidelOrtho
QDEL
$1.01B
| $30K | 0.04% |
136,777
-27,025
| -16% | -$6.03M |
|
550
Iron Mountain
IRM
$36.3B
| $29.9K | 0.04% |
1,115,808
+1,104,155
| +9,475% | +$31.4M |
|
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Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2M, down 100% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander deployed $869M of net new capital in Q3 2020, opening 989 new positions and adding to 1,503 existing holdings. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
By sector, the portfolio is most concentrated in Healthcare at 9.2% of assets, up from 9% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was JPMorgan Chase, an estimated $278M trimmed.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
- Israel Englander added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Israel Englander's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Israel Englander fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Israel Englander's ten largest holdings make up 18% of its $81.2M portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value fell 100% quarter-over-quarter to $81.2M.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.