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 | |
|---|---|---|---|---|---|---|
|
XLNX
601
DELISTED
Xilinx Inc
XLNX
| $24.8M | 0.03% |
252,395
+243,314
| +2,679% | +$21.6M |
|
602
State Street
STT
$52.4B
| $24.8M | 0.03% |
390,552
+159,833
| +69% | +$9.65M |
|
|
GTM
603
ZoomInfo Technologies
GTM
$1.14B
| $24.8M | 0.03% |
+486,155
| New | +$23.2M |
|
604
iShares Core US Aggregate Bond ETF
AGG
$138B
| $24.7M | 0.03% |
208,756
+160,529
| +333% | +$18.8M |
|
605
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $24.7M | 0.03% |
85,000
+35,000
| +70% | +$9.49M |
|
606
GE Aerospace
GE
$355B
| $24.7M | 0.03% |
724,285
+190,648
| +36% | +$6.43M |
|
607
KKR & Co
KKR
$96.3B
| $24.6M | 0.03% |
796,685
+725,803
| +1,024% | +$19.5M |
|
608
ScottsMiracle-Gro
SMG
$3.53B
| $24.6M | 0.03% |
182,687
+164,018
| +879% | +$21.2M |
|
609
W.W. Grainger
GWW
$62.3B
| $24.5M | 0.03% |
78,121
+76,642
| +5,182% | +$22.1M |
|
|
FEAC.U
610
DELISTED
Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f
FEAC.U
| $24.5M | 0.03% |
2,106,300
-3,844,300
| -65% | -$40.5M |
|
|
QTS
611
DELISTED
QTS REALTY TRUST, INC.
QTS
| $24.5M | 0.03% |
382,595
+202,346
| +112% | +$12.7M |
|
612
Travere Therapeutics
TVTX
$6.15B
| $24.5M | 0.03% |
1,199,861
+71,987
| +6% | +$1.15M |
|
613
PPG Industries
PPG
$25.2B
| $24.5M | 0.03% |
230,861
+30,805
| +15% | +$2.97M |
|
|
LNW
614
DELISTED
Light & Wonder
LNW
| $24.5M | 0.03% |
1,582,673
+1,556,562
| +5,961% | +$20.3M |
|
615
Williams Companies
WMB
$86.8B
| $24.4M | 0.03% |
1,284,234
-2,055,696
| -62% | -$38.3M |
|
616
Quanterix
QTRX
$132M
| $24.4M | 0.03% |
891,265
+266,741
| +43% | +$6.74M |
|
617
Rio Tinto
RIO
$170B
| $24.4M | 0.03% |
434,034
+153,232
| +55% | +$7.76M |
|
618
Crown Holdings
CCK
$13B
| $24.4M | 0.03% |
373,979
+285,365
| +322% | +$18M |
|
619
Equifax
EFX
$22.9B
| $24.1M | 0.03% |
140,441
+32,371
| +30% | +$4.8M |
|
620
PUT
lululemon athletica
LULU
$13.9B
| $24.1M | 0.03% |
77,300
-33,200
| -30% | -$8.49M |
|
621
Philips
PHG
$26.9B
| $24.1M | 0.03% |
633,733
+180,869
| +40% | +$6.29M |
|
622
Insulet
PODD
$10.1B
| $24M | 0.03% |
123,300
+113,477
| +1,155% | +$21.7M |
|
623
PUT
Zoetis
ZTS
$31.9B
| $23.9M | 0.03% |
+174,400
| New | +$22.8M |
|
624
American Express
AXP
$228B
| $23.9M | 0.03% |
250,948
+99,607
| +66% | +$9.17M |
|
625
IDEX
IEX
$17.2B
| $23.8M | 0.03% |
150,898
-61,661
| -29% | -$9.42M |
|
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.