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 | |
|---|---|---|---|---|---|---|
576
CALL
iShares Biotechnology ETF
IBB
$10.9B
| $31.3M | 0.04% |
260,000
-496,400
| -66% | -$55.4M |
|
|
CCX.U
577
DELISTED
Churchill Capital Corp II
CCX.U
| $31.3M | 0.04% |
2,900,001
-99,999
| -3% | -$1.07M |
|
|
TCF
578
DELISTED
TCF Financial Corporation Common Stock
TCF
| $31.1M | 0.04% |
664,702
-1,589,255
| -71% | -$65.9M |
|
579
CALL
UnitedHealth
UNH
$357B
| $31M | 0.04% |
105,600
+97,900
| +1,271% | +$25.6M |
|
|
TWNK
580
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $31M | 0.04% |
2,134,766
+162,967
| +8% | +$2.22M |
|
|
CTLT
581
DELISTED
CATALENT, INC.
CTLT
| $30.9M | 0.04% |
549,648
+452,678
| +467% | +$23.1M |
|
582
CALL
Adobe
ADBE
$109B
| $30.8M | 0.04% |
93,500
+9,500
| +11% | +$2.8M |
|
583
Fate Therapeutics
FATE
$300M
| $30.8M | 0.04% |
1,575,108
-1,780,011
| -53% | -$28.3M |
|
584
Emerson Electric
EMR
$87.5B
| $30.8M | 0.04% |
404,199
-229,454
| -36% | -$16.5M |
|
585
CALL
Range Resources
RRC
$9.56B
| $30.6M | 0.04% |
6,310,100
| – | – |
|
586
PUT
Autodesk
ADSK
$53.4B
| $30.5M | 0.04% |
166,000
+4,900
| +3% | +$794K |
|
|
XYZ
587
PUT
Block Inc
XYZ
$49.4B
| $30.4M | 0.04% |
485,500
+465,500
| +2,328% | +$29.7M |
|
588
Lockheed Martin
LMT
$129B
| $30.3M | 0.04% |
77,823
-88,062
| -53% | -$33.8M |
|
589
Thor Industries
THO
$4.12B
| $30.3M | 0.04% |
407,708
-226,727
| -36% | -$14.6M |
|
590
Petrobras Class A
PBR.A
$103B
| $30.2M | 0.04% |
2,025,301
-1,299,275
| -39% | -$18.4M |
|
|
SPAQ.U
591
DELISTED
Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of
SPAQ.U
| $30.2M | 0.04% |
2,913,563
-485,437
| -14% | -$4.99M |
|
592
Box
BOX
$4.61B
| $30.2M | 0.04% |
1,798,353
-418,823
| -19% | -$7.02M |
|
|
PFPT
593
DELISTED
Proofpoint, Inc.
PFPT
| $30.1M | 0.04% |
262,236
+75,632
| +41% | +$9.02M |
|
594
PUT
Lam Research
LRCX
$392B
| $30.1M | 0.04% |
1,028,000
+239,000
| +30% | +$6.35M |
|
|
QEP
595
DELISTED
QEP RESOURCES, INC.
QEP
| $29.9M | 0.04% |
6,647,418
-1,403,990
| -17% | -$4.89M |
|
596
SSR Mining
SSRM
$7.96B
| $29.9M | 0.04% |
1,552,930
+142,506
| +10% | +$2.22M |
|
597
Aramark
ARMK
$15.6B
| $29.9M | 0.04% |
953,668
-403,036
| -30% | -$12.7M |
|
598
Synaptics
SYNA
$3.66B
| $29.9M | 0.04% |
454,350
+428,814
| +1,679% | +$22.6M |
|
599
Alaska Air
ALK
$4.79B
| $29.9M | 0.04% |
440,879
+115,284
| +35% | +$7.87M |
|
600
CALL
Agilent Technologies
A
$43.5B
| $29.9M | 0.04% |
+350,100
| New | +$27.6M |
|
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.