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 | |
|---|---|---|---|---|---|---|
|
K
601
DELISTED
Kellanova
K
| $27.3K | 0.03% |
450,824
+440,031
| +4,077% | +$27.9M |
|
602
Citizens Financial Group
CFG
$29.4B
| $27.3K | 0.03% |
1,078,152
-78,528
| -7% | -$1.99M |
|
603
Sherwin-Williams
SHW
$84.1B
| $27.2K | 0.03% |
117,141
-267,009
| -70% | -$58.3M |
|
604
PUT
S&P Global
SPGI
$127B
| $27.2K | 0.03% |
75,300
+16,100
| +27% | +$5.68M |
|
605
Middleby
MIDD
$5.22B
| $27.1K | 0.03% |
302,497
+217,633
| +256% | +$19.7M |
|
606
Advantage Solutions
ADV
$441M
| $27.1K | 0.03% |
106,812
+36,868
| +53% | +$9.97M |
|
|
NAV
607
DELISTED
Navistar International
NAV
| $27K | 0.03% |
621,110
+235,001
| +61% | +$8.06M |
|
608
PUT
Intuit
INTU
$100B
| $26.8K | 0.03% |
82,300
+8,800
| +12% | +$2.75M |
|
609
Allison Transmission
ALSN
$11B
| $26.8K | 0.03% |
763,000
-690,416
| -48% | -$25M |
|
610
W.W. Grainger
GWW
$61.8B
| $26.8K | 0.03% |
75,077
-3,044
| -4% | -$1.05M |
|
611
Iovance Biotherapeutics
IOVA
$3.76B
| $26.7K | 0.03% |
811,645
+224,136
| +38% | +$6.87M |
|
|
NESRW
612
CALL
DELISTED
National Energy Services Reunited Corp. Warrant
NESRW
| $26.6K | 0.03% |
+4,175,000
| New | +$3.49M |
|
|
DOCU
613
DocuSign
DOCU
$11.8B
| $26.6K | 0.03% |
123,725
+50,374
| +69% | +$10.5M |
|
614
Corning
GLW
$129B
| $26.3K | 0.03% |
812,333
+579,686
| +249% | +$17.9M |
|
|
EVRI
615
DELISTED
Everi Holdings
EVRI
| $26.3K | 0.03% |
3,183,815
+302,005
| +10% | +$2.1M |
|
616
PUT
United Parcel Service
UPS
$86.8B
| $26.2K | 0.03% |
157,500
-26,600
| -14% | -$3.87M |
|
617
Herbalife
HLF
$1.33B
| $26.2K | 0.03% |
561,317
+224,679
| +67% | +$11M |
|
|
DOYU
618
DouYu International Holdings
DOYU
$132M
| $26.2K | 0.03% |
198,014
+149,062
| +305% | +$21.4M |
|
619
TSMC
TSM
$2.17T
| $26.1K | 0.03% |
322,319
-44,692
| -12% | -$3.4M |
|
620
Roper Technologies
ROP
$40.7B
| $26K | 0.03% |
65,877
-76,929
| -54% | -$32M |
|
621
Zillow
ZG
$8.27B
| $26K | 0.03% |
256,149
+159,266
| +164% | +$12.4M |
|
|
TWNK
622
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $26K | 0.03% |
2,108,084
-343,313
| -14% | -$4.31M |
|
623
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $25.9K | 0.03% |
192,473
-392,898
| -67% | -$53.6M |
|
|
BOWXU
624
DELISTED
BowX Acquisition Corp. Unit
BOWXU
| $25.9K | 0.03% |
+2,520,000
| New | +$25.7M |
|
625
Old Republic International
ORI
$10B
| $25.8K | 0.03% |
1,749,180
+615,111
| +54% | +$9.83M |
|
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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.