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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
PUT
Capital One
COF
$133B
| $33.1M | 0.04% |
322,100
+147,100
| +84% | +$14.2M |
|
552
SBA Communications
SBAC
$19.6B
| $33.1M | 0.04% |
137,175
-122,301
| -47% | -$29M |
|
|
AMRN
553
Amarin Corp
AMRN
$292M
| $33M | 0.04% |
76,926
-151,306
| -66% | -$57.5M |
|
554
PUT
Intuitive Surgical
ISRG
$132B
| $33M | 0.04% |
167,400
+59,400
| +55% | +$11.1M |
|
555
Chipotle Mexican Grill
CMG
$48.1B
| $32.9M | 0.04% |
1,967,200
-473,750
| -19% | -$7.6M |
|
|
WCN
556
Waste Connections
WCN
$42.5B
| $32.8M | 0.04% |
360,899
+242,785
| +206% | +$22M |
|
557
Outfront Media
OUT
$5.36B
| $32.7M | 0.04% |
1,239,030
+650,380
| +110% | +$16.7M |
|
558
CALL
Targa Resources
TRGP
$63.1B
| $32.6M | 0.04% |
799,100
| – | – |
|
559
CALL
Baxter International
BAX
$13.7B
| $32.6M | 0.04% |
390,000
+130,000
| +50% | +$10.8M |
|
560
BJ's Restaurants
BJRI
$1.43B
| $32.5M | 0.04% |
856,769
-327,385
| -28% | -$12.6M |
|
561
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$137M
| $32.5M | 0.04% |
33,594
+2,031
| +6% | +$2.46M |
|
562
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $32.4M | 0.04% |
1,056,400
-152,400
| -13% | -$4.5M |
|
|
VG
563
DELISTED
Vonage Holdings Corporation
VG
| $32.4M | 0.04% |
4,368,520
+2,345,103
| +116% | +$20.3M |
|
564
Wynn Resorts
WYNN
$10.2B
| $32.2M | 0.04% |
231,883
+221,587
| +2,152% | +$27M |
|
|
BOLD
565
DELISTED
Audentes Therapeutics, Inc
BOLD
| $32.1M | 0.04% |
536,873
-236,406
| -31% | -$8.87M |
|
566
Raymond James Financial
RJF
$34B
| $32M | 0.04% |
536,526
-845,831
| -61% | -$48.8M |
|
567
Cheniere Energy
LNG
$58B
| $32M | 0.04% |
523,864
-51,030
| -9% | -$3.14M |
|
568
Euronet Worldwide
EEFT
$2.63B
| $31.9M | 0.04% |
202,584
+167,373
| +475% | +$25.3M |
|
569
Agree Realty
ADC
$9.28B
| $31.8M | 0.04% |
452,950
+98,445
| +28% | +$7.26M |
|
|
SYNH
570
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $31.7M | 0.04% |
533,144
-118,735
| -18% | -$6.38M |
|
571
Bankunited
BKU
$3.3B
| $31.7M | 0.04% |
866,002
-1,516,571
| -64% | -$52.8M |
|
572
PUT
T-Mobile US
TMUS
$196B
| $31.6M | 0.04% |
403,400
+39,100
| +11% | +$3.08M |
|
573
CALL
Intel
INTC
$461B
| $31.6M | 0.04% |
528,100
+349,500
| +196% | +$19.6M |
|
574
American Tower
AMT
$83.1B
| $31.6M | 0.04% |
137,330
-144,381
| -51% | -$31.4M |
|
|
GRSHU
575
DELISTED
Gores Holdings III, Inc. Units
GRSHU
| $31.4M | 0.04% |
2,850,000
| – | – |
|
Similar funds
Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $9.74B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.