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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.62% |
| 2 | Financials | 10.42% |
| 3 | Technology | 9.63% |
| 4 | Consumer Discretionary | 8.71% |
| 5 | Industrials | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
CALL
Gilead Sciences
GILD
$182B
| $30.1M | 0.05% |
475,000
-259,300
| -35% | -$17M |
|
|
GRSHU
552
DELISTED
Gores Holdings III, Inc. Units
GRSHU
| $30.1M | 0.05% |
2,850,000
| – | – |
|
553
OGE Energy
OGE
$9.49B
| $30.1M | 0.05% |
662,541
+524,380
| +380% | +$22.7M |
|
554
Coherent
COHR
$53.9B
| $30M | 0.05% |
852,727
+484,997
| +132% | +$18.5M |
|
|
MDCO
555
CALL
DELISTED
Medicines Co
MDCO
| $30M | 0.05% |
+600,000
| New | +$23.9M |
|
556
Hubbell
HUBB
$24.7B
| $30M | 0.05% |
228,101
+153,526
| +206% | +$19.8M |
|
557
Gaming and Leisure Properties
GLPI
$12.8B
| $29.9M | 0.05% |
781,387
+109,229
| +16% | +$4.19M |
|
|
QEP
558
DELISTED
QEP RESOURCES, INC.
QEP
| $29.8M | 0.05% |
8,051,408
+3,449,715
| +75% | +$16.4M |
|
559
Match Group
MTCH
$9.58B
| $29.8M | 0.05% |
416,799
+131,971
| +46% | +$10.3M |
|
560
Tandem Diabetes Care
TNDM
$1.55B
| $29.7M | 0.05% |
503,003
-441,414
| -47% | -$28.2M |
|
561
Evergy
EVRG
$18.8B
| $29.6M | 0.05% |
444,687
-2,696,462
| -86% | -$171M |
|
562
PUT
Alibaba
BABA
$284B
| $29.6M | 0.05% |
176,800
-1,034,800
| -85% | -$178M |
|
563
Tyler Technologies
TYL
$14.6B
| $29.5M | 0.05% |
112,385
+101,673
| +949% | +$24.9M |
|
564
Hanover Insurance
THG
$7.92B
| $29.5M | 0.05% |
217,470
+152,918
| +237% | +$20.1M |
|
|
AGN
565
PUT
DELISTED
Allergan plc
AGN
| $29.4M | 0.05% |
+175,000
| New | +$28.5M |
|
566
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.79B
| $29.4M | 0.05% |
328,500
-375,000
| -53% | -$35.3M |
|
567
East-West Bancorp
EWBC
$17.7B
| $29.4M | 0.05% |
662,921
+291,809
| +79% | +$12.8M |
|
568
CALL
Intuitive Surgical
ISRG
$132B
| $29.3M | 0.05% |
162,900
+66,000
| +68% | +$11.4M |
|
569
ServiceNow
NOW
$132B
| $29.3M | 0.05% |
576,805
+14,590
| +3% | +$793K |
|
|
GAP
570
The Gap Inc
GAP
$7.33B
| $29.3M | 0.05% |
1,686,184
+1,418,618
| +530% | +$25.2M |
|
571
CALL
Costco
COST
$431B
| $29.3M | 0.05% |
101,600
+7,500
| +8% | +$2.11M |
|
572
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $29.2M | 0.05% |
19,216
+6,637
| +53% | +$10.6M |
|
573
CALL
Viatris
VTRS
$19B
| $29.2M | 0.05% |
1,475,000
+1,183,200
| +405% | +$23.2M |
|
|
SUM
574
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $29.1M | 0.05% |
1,335,129
+751,813
| +129% | +$14.8M |
|
575
National Health Investors
NHI
$3.59B
| $29.1M | 0.05% |
353,315
-80,206
| -19% | -$6.53M |
|
Similar funds
Israel Englander's Q3 2019 Portfolio in Review
As of Q3 2019, Israel Englander held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Israel Englander's Q3 2019 filing shows 843 new, 1,522 increased, 1,651 reduced and 727 closed positions. Its largest new stake was L3Harris: 1,378,220 shares worth $288M. The largest sale was LyondellBasell Industries, an estimated $441M.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Israel Englander added most to Ameren in Q3 2019, an estimated $239M increase.
- Israel Englander's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Israel Englander fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Israel Englander's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Israel Englander opened 843 new positions and closed 727 in Q3 2019.
- Israel Englander's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.