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 | |
|---|---|---|---|---|---|---|
|
PE
576
DELISTED
PARSLEY ENERGY INC
PE
| $28.6K | 0.04% |
3,058,768
-1,445,110
| -32% | -$15.5M |
|
577
Alcon
ALC
$35.6B
| $28.6K | 0.04% |
501,819
+450,869
| +885% | +$26.5M |
|
578
Acuity Brands
AYI
$10.3B
| $28.6K | 0.04% |
279,192
-94,551
| -25% | -$9.71M |
|
579
Graco
GGG
$13.1B
| $28.6K | 0.04% |
465,380
+41,503
| +10% | +$2.32M |
|
580
AutoNation
AN
$6.6B
| $28.5K | 0.04% |
538,015
+35,448
| +7% | +$1.85M |
|
581
Mercado Libre
MELI
$97.5B
| $28.4K | 0.04% |
26,278
+3,157
| +14% | +$3.43M |
|
582
Kinder Morgan
KMI
$69B
| $28.4K | 0.04% |
2,305,476
-457,279
| -17% | -$6.37M |
|
583
CALL
Target
TGT
$75.1B
| $28.4K | 0.03% |
180,300
-12,800
| -7% | -$1.76M |
|
584
Curtiss-Wright
CW
$23.5B
| $28.2K | 0.03% |
302,290
-103,482
| -26% | -$9.93M |
|
585
Prosperity Bancshares
PB
$8.75B
| $28.1K | 0.03% |
542,077
+328,086
| +153% | +$18M |
|
586
FIVE9
FIVN
$2.45B
| $28K | 0.03% |
215,683
-319,530
| -60% | -$38.4M |
|
587
PUT
Union Pacific
UNP
$183B
| $27.9K | 0.03% |
141,800
-43,500
| -23% | -$8.08M |
|
|
AZEK
588
DELISTED
The AZEK Co
AZEK
| $27.8K | 0.03% |
799,410
+720,424
| +912% | +$25.1M |
|
|
NTCO
589
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $27.8K | 0.03% |
1,525,883
-105,013
| -6% | -$1.84M |
|
590
CALL
Booking.com
BKNG
$158B
| $27.7K | 0.03% |
405,000
+7,500
| +2% | +$527K |
|
|
BMY.RT
591
DELISTED
Bristol-Myers Squibb Company Contingent Value Rights
BMY.RT
| $27.7K | 0.03% |
12,313,741
+694,687
| +6% | +$1.98M |
|
|
ALXN
592
DELISTED
Alexion Pharmaceuticals
ALXN
| $27.7K | 0.03% |
242,065
-136,878
| -36% | -$14.8M |
|
|
APLS
593
DELISTED
Apellis Pharmaceuticals
APLS
| $27.7K | 0.03% |
916,703
-158,547
| -15% | -$4.74M |
|
594
Western Union
WU
$2.28B
| $27.6K | 0.03% |
1,289,950
-147,250
| -10% | -$3.34M |
|
595
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $27.6K | 0.03% |
261,903
-240,964
| -48% | -$25.4M |
|
|
CMLFU
596
DELISTED
CM Life Sciences, Inc. Unit
CMLFU
| $27.6K | 0.03% |
+2,632,318
| New | +$27.7M |
|
597
IDEX
IEX
$17.3B
| $27.6K | 0.03% |
151,066
+168
| +0.1% | +$29.1K |
|
598
SI-BONE Inc
SIBN
$895M
| $27.5K | 0.03% |
1,159,768
-29,716
| -2% | -$590K |
|
|
RETA
599
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $27.5K | 0.03% |
282,007
-36,170
| -11% | -$4.52M |
|
|
CNH
600
CNH Industrial
CNH
$19.1B
| $27.4K | 0.03% |
4,023,228
+3,402,700
| +548% | +$22.6M |
|
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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.