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 | |
|---|---|---|---|---|---|---|
|
BBBY
651
DELISTED
Bed Bath & Beyond Inc
BBBY
| $24.4K | 0.03% |
1,628,927
+1,481,424
| +1,004% | +$17.1M |
|
|
CETV
652
DELISTED
Central European Media Enterprises Ltd
CETV
| $24.3K | 0.03% |
5,803,464
+1,773,851
| +44% | +$7.22M |
|
|
PRSP
653
DELISTED
Perspecta Inc. Common Stock
PRSP
| $24.3K | 0.03% |
1,250,086
+682,101
| +120% | +$14.4M |
|
654
Berkshire Hathaway Class B
BRK.B
$1.06T
| $24.3K | 0.03% |
114,102
-428,493
| -79% | -$87.7M |
|
655
SSR Mining
SSRM
$7.7B
| $24.3K | 0.03% |
1,300,835
+845,391
| +186% | +$18M |
|
|
ACIA
656
CALL
DELISTED
Acacia Communications Inc
ACIA
| $24.2K | 0.03% |
+359,300
| New | +$24.4M |
|
657
Infosys
INFY
$48.4B
| $24.2K | 0.03% |
1,750,489
-920,981
| -34% | -$11.5M |
|
658
iShares MSCI Brazil ETF
EWZ
$8.04B
| $24.1K | 0.03% |
873,015
-75,940
| -8% | -$2.33M |
|
659
PUT
Western Digital
WDC
$166B
| $24.1K | 0.03% |
873,842
+843,678
| +2,797% | +$25.1M |
|
660
M&T Bank
MTB
$34.7B
| $24.1K | 0.03% |
261,330
+34,109
| +15% | +$3.49M |
|
661
PUT
Seagate
STX
$193B
| $24.1K | 0.03% |
488,300
+70,000
| +17% | +$3.29M |
|
|
PIAI.U
662
DELISTED
Prime Impact Acquisition I Units, each consisting of one Class A ordinary share, and one-third of a redeemable Warrant to acquire one Class A ordinary share
PIAI.U
| $24K | 0.03% |
+2,400,000
| New | +$24M |
|
663
Haemonetics
HAE
$4.95B
| $24K | 0.03% |
275,496
-11,444
| -4% | -$1M |
|
664
Cousins Properties
CUZ
$4.89B
| $24K | 0.03% |
840,138
-169,155
| -17% | -$5.05M |
|
665
Suncor Energy
SU
$80B
| $24K | 0.03% |
1,963,464
+1,690,360
| +619% | +$26.5M |
|
666
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $24K | 0.03% |
285,787
+77,446
| +37% | +$6.52M |
|
667
Equitable Holdings
EQH
$13.3B
| $24K | 0.03% |
1,313,464
+349,724
| +36% | +$7.03M |
|
668
Hartford Financial Services
HIG
$36.9B
| $23.9K | 0.03% |
647,933
+89,883
| +16% | +$3.58M |
|
|
SVACU
669
DELISTED
Starboard Value Acquisition Corp. Unit
SVACU
| $23.8K | 0.03% |
+2,360,000
| New | +$23.9M |
|
670
Tenet Healthcare
THC
$22.6B
| $23.8K | 0.03% |
+971,190
| New | +$24.8M |
|
671
Lincoln National
LNC
$8.07B
| $23.8K | 0.03% |
759,580
+356,561
| +88% | +$12.7M |
|
|
SUM
672
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $23.8K | 0.03% |
1,460,995
+1,060,791
| +265% | +$17M |
|
673
CALL
Workday
WDAY
$49.4B
| $23.7K | 0.03% |
110,000
+107,500
| +4,300% | +$21.3M |
|
674
CALL
Chipotle Mexican Grill
CMG
$46.7B
| $23.6K | 0.03% |
950,000
-5,000
| -0.5% | -$121K |
|
|
PAEWW
675
CALL
DELISTED
PAE Incorporated Warrants
PAEWW
| $23.6K | 0.03% |
2,775,000
+798,200
| +40% | +$1.85M |
|
Similar funds
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.