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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NBIS
701
Nebius Group N.V.
NBIS
$60.3B
| $25.1M | 0.03% |
577,089
-5,365
| -0.9% | -$200K |
|
702
Mueller Water Products
MWA
$3.89B
| $25M | 0.03% |
2,090,768
-906,248
| -30% | -$10.4M |
|
|
AMTD
703
DELISTED
TD Ameritrade Holding Corp
AMTD
| $24.9M | 0.03% |
501,466
+118,341
| +31% | +$5.13M |
|
704
CALL
Illumina
ILMN
$34B
| $24.9M | 0.03% |
77,100
+23,644
| +44% | +$7.17M |
|
705
Atkore
ATKR
$3.16B
| $24.8M | 0.03% |
614,150
+378,283
| +160% | +$14M |
|
706
Corpay
CPAY
$27.1B
| $24.8M | 0.03% |
86,323
+38,795
| +82% | +$11.4M |
|
707
CALL
Becton Dickinson
BDX
$51.7B
| $24.8M | 0.03% |
93,480
+92,660
| +11,300% | +$23.1M |
|
708
Macerich
MAC
$6.88B
| $24.8M | 0.03% |
920,813
+868,432
| +1,658% | +$23.9M |
|
709
Spotify
SPOT
$114B
| $24.8M | 0.03% |
165,724
-25,490
| -13% | -$3.5M |
|
|
EVRI
710
DELISTED
Everi Holdings
EVRI
| $24.8M | 0.03% |
1,844,992
+695,204
| +60% | +$7.93M |
|
711
CALL
iShares MSCI Mexico ETF
EWW
$1.81B
| $24.8M | 0.03% |
550,000
-200,000
| -27% | -$8.87M |
|
712
CALL
Comcast
CMCSA
$96.2B
| $24.8M | 0.03% |
550,700
-148,800
| -21% | -$6.62M |
|
713
LGI Homes
LGIH
$1.37B
| $24.7M | 0.03% |
349,522
-106,989
| -23% | -$8.14M |
|
|
VBTX
714
DELISTED
Veritex Holdings
VBTX
| $24.7M | 0.03% |
846,990
-160,178
| -16% | -$4.12M |
|
|
DOC
715
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $24.6M | 0.03% |
1,300,307
+1,111,373
| +588% | +$20.4M |
|
716
Copart
CPRT
$30.9B
| $24.6M | 0.03% |
1,082,972
-1,416,200
| -57% | -$30.2M |
|
717
Toronto Dominion Bank
TD
$197B
| $24.6M | 0.03% |
438,374
+396,210
| +940% | +$22.5M |
|
|
718
CALL
Alibaba
BABA
$286B
| $24.6M | 0.03% |
115,900
-1,309,600
| -92% | -$246M |
|
719
H&R Block
HRB
$6.56B
| $24.6M | 0.03% |
+1,046,899
| New | +$25.1M |
|
|
IMMU
720
DELISTED
Immunomedics Inc
IMMU
| $24.5M | 0.03% |
1,159,365
+731,481
| +171% | +$12.9M |
|
|
UMPQ
721
DELISTED
Umpqua Holdings Corp
UMPQ
| $24.5M | 0.03% |
1,384,926
+1,233,112
| +812% | +$20.4M |
|
722
Travere Therapeutics
TVTX
$6.32B
| $24.5M | 0.03% |
1,724,285
+1,209,501
| +235% | +$15.4M |
|
|
KDMN
723
DELISTED
Kadmon Holdings, Inc.
KDMN
| $24.5M | 0.03% |
5,404,040
+235,571
| +5% | +$862K |
|
|
CPAAU
724
DELISTED
Conyers Park II Acquisition Corp. Unit
CPAAU
| $24.5M | 0.03% |
2,250,000
| – | – |
|
725
Sibanye-Stillwater
SBSW
$8.87B
| $24.4M | 0.03% |
2,462,068
-2,616,130
| -52% | -$20.2M |
|
Similar funds
Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $9.74B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.