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 | |
|---|---|---|---|---|---|---|
651
CALL
AutoZone
AZO
$49.1B
| $22.4M | 0.03% |
19,900
+19,100
| +2,388% | +$20.1M |
|
652
Caterpillar
CAT
$373B
| $22.4M | 0.03% |
176,819
+148,169
| +517% | +$17.6M |
|
653
Spectrum Brands
SPB
$2.03B
| $22.3M | 0.03% |
486,278
+367,309
| +309% | +$15.6M |
|
654
CALL
Medtronic
MDT
$119B
| $22.2M | 0.03% |
242,000
-252,900
| -51% | -$24.3M |
|
655
PUT
Verizon
VZ
$208B
| $22.1M | 0.03% |
400,900
-570,300
| -59% | -$32.1M |
|
656
Utz Brands
UTZ
$1.26B
| $22.1M | 0.03% |
1,611,976
+11,978
| +0.7% | +$139K |
|
657
Ralph Lauren
RL
$22.1B
| $22M | 0.03% |
+303,742
| New | +$22.3M |
|
658
Qorvo
QRVO
$8.41B
| $22M | 0.03% |
198,884
-58,960
| -23% | -$5.84M |
|
659
GSK
GSK
$104B
| $22M | 0.03% |
431,125
-343,115
| -44% | -$17.6M |
|
|
MPT
660
Medical Properties Trust
MPT
$2.46B
| $22M | 0.03% |
1,169,111
+821,434
| +236% | +$14.5M |
|
|
661
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $21.8M | 0.03% |
399,252
-2,352,275
| -85% | -$127M |
|
662
PUT
Regeneron Pharmaceuticals
REGN
$85.3B
| $21.8M | 0.03% |
35,000
+2,200
| +7% | +$1.25M |
|
663
PUT
Intuit
INTU
$101B
| $21.8M | 0.03% |
73,500
-5,800
| -7% | -$1.59M |
|
664
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $21.7M | 0.03% |
+1,320,000
| New | +$19.8M |
|
665
Pinduoduo
PDD
$124B
| $21.6M | 0.03% |
251,813
-276,722
| -52% | -$16.6M |
|
666
Duke Energy
DUK
$95.1B
| $21.5M | 0.03% |
269,471
+167,734
| +165% | +$14.2M |
|
667
Hartford Financial Services
HIG
$37.6B
| $21.5M | 0.03% |
558,050
-311,845
| -36% | -$11.9M |
|
668
CALL
Texas Instruments
TXN
$236B
| $21.5M | 0.03% |
169,300
+152,700
| +920% | +$17.8M |
|
|
669
PUT
Texas Instruments
TXN
$236B
| $21.5M | 0.03% |
169,200
-250,100
| -60% | -$29.2M |
|
670
Seagate
STX
$180B
| $21.5M | 0.03% |
443,629
+30,255
| +7% | +$1.52M |
|
|
671
Merck
MRK
$372B
| $21.4M | 0.03% |
290,672
-1,459,255
| -83% | -$110M |
|
672
Plains GP Holdings
PAGP
$5.4B
| $21.4M | 0.03% |
2,401,764
+578,853
| +32% | +$5.1M |
|
673
Pentair
PNR
$10.1B
| $21.4M | 0.03% |
562,010
+400,598
| +248% | +$14.1M |
|
674
CALL
ServiceNow
NOW
$132B
| $21.3M | 0.03% |
263,500
+231,000
| +711% | +$16.3M |
|
|
FLIR
675
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $21.3M | 0.03% |
525,536
+38,305
| +8% | +$1.59M |
|
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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.