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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
CALL
3M
MMM
$92.3B
| $26.1M | 0.04% |
199,732
+196,862
| +6,859% | +$24.8M |
|
577
LPL Financial
LPLA
$28.5B
| $26M | 0.04% |
332,216
+213,644
| +180% | +$14.3M |
|
578
Cigna
CI
$73.3B
| $26M | 0.04% |
138,304
-208,888
| -60% | -$39.6M |
|
579
nVent Electric
NVT
$24.6B
| $25.9M | 0.04% |
1,382,971
+1,061,597
| +330% | +$19.3M |
|
580
Stanley Black & Decker
SWK
$15.1B
| $25.9M | 0.04% |
185,806
+144,072
| +345% | +$17.4M |
|
581
United States Brent Oil Fund
BNO
$667M
| $25.9M | 0.04% |
+2,397,551
| New | +$21.9M |
|
582
International Flavors & Fragrances
IFF
$21.5B
| $25.8M | 0.04% |
210,812
+156,602
| +289% | +$19.8M |
|
583
Infosys
INFY
$48.4B
| $25.8M | 0.04% |
2,671,470
+2,585,464
| +3,006% | +$23.1M |
|
584
Tencent Music
TME
$14.4B
| $25.8M | 0.04% |
1,914,760
-106,265
| -5% | -$1.26M |
|
585
Haemonetics
HAE
$4.95B
| $25.7M | 0.04% |
286,940
+260,119
| +970% | +$26.3M |
|
586
Truist Financial
TFC
$61.6B
| $25.7M | 0.04% |
683,691
+545,078
| +393% | +$19.6M |
|
587
Petrobras
PBR
$123B
| $25.6M | 0.04% |
3,093,344
+1,423,654
| +85% | +$10.3M |
|
588
State Street SPDR S&P Biotech ETF
XBI
$11.6B
| $25.6M | 0.04% |
228,270
+154,426
| +209% | +$15.2M |
|
|
SWAV
589
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $25.5M | 0.03% |
538,057
+239,072
| +80% | +$9.85M |
|
590
Kohl's
KSS
$2B
| $25.5M | 0.03% |
1,225,967
+387,834
| +46% | +$7.48M |
|
591
Cincinnati Financial
CINF
$25.8B
| $25.4M | 0.03% |
396,998
+302,678
| +321% | +$20M |
|
592
CALL
Booking.com
BKNG
$158B
| $25.3M | 0.03% |
397,500
+102,500
| +35% | +$6.24M |
|
593
Tractor Supply
TSCO
$18.2B
| $25.3M | 0.03% |
958,670
+667,060
| +229% | +$14.6M |
|
|
MGP
594
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $25.3M | 0.03% |
928,446
+5,000
| +0.5% | +$129K |
|
595
Qualcomm
QCOM
$169B
| $25.2M | 0.03% |
276,531
+125,283
| +83% | +$10M |
|
596
Teradyne
TER
$58.7B
| $25.2M | 0.03% |
298,046
+279,757
| +1,530% | +$18.8M |
|
597
Nutrien
NTR
$35.9B
| $25.1M | 0.03% |
783,100
+421,221
| +116% | +$14.7M |
|
598
CALL
Costco
COST
$420B
| $25.1M | 0.03% |
82,700
+48,900
| +145% | +$14.9M |
|
599
Ulta Beauty
ULTA
$22.4B
| $24.9M | 0.03% |
122,503
-11,411
| -9% | -$2.45M |
|
600
Twist Bioscience
TWST
$9.13B
| $24.9M | 0.03% |
549,298
-272,177
| -33% | -$9.77M |
|
Similar funds
Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.