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 | |
|---|---|---|---|---|---|---|
701
Guardant Health
GH
$22.9B
| $22.5K | 0.03% |
200,907
-122,363
| -38% | -$11.2M |
|
702
CALL
Duke Energy
DUK
$93.4B
| $22.4K | 0.03% |
253,400
+250,600
| +8,950% | +$20.7M |
|
703
Evertec
EVTC
$1.79B
| $22.4K | 0.03% |
646,106
+539,401
| +506% | +$17.3M |
|
|
UFS
704
DELISTED
DOMTAR CORPORATION (New)
UFS
| $22.4K | 0.03% |
852,935
+591,532
| +226% | +$15M |
|
|
WRI
705
DELISTED
Weingarten Realty Investors
WRI
| $22.4K | 0.03% |
1,319,650
+1,130,549
| +598% | +$19.9M |
|
|
ETWO
706
DELISTED
E2open Parent Holdings
ETWO
| $22.4K | 0.03% |
2,149,719
+510,000
| +31% | +$5.25M |
|
707
Devon Energy
DVN
$54B
| $22.3K | 0.03% |
2,362,363
-1,544,423
| -40% | -$16.3M |
|
708
Cirrus Logic
CRUS
$5.78B
| $22.2K | 0.03% |
328,758
-248,390
| -43% | -$15.6M |
|
709
BJs Wholesale Club
BJ
$12.3B
| $22.2K | 0.03% |
533,382
-584,121
| -52% | -$24.1M |
|
|
FAII.U
710
DELISTED
Fortress Value Acquisition Corp. II Units, each consisting of one share of Class A common stock and
FAII.U
| $22.2K | 0.03% |
+2,151,500
| New | +$22.1M |
|
711
Truist Financial
TFC
$61.6B
| $22.1K | 0.03% |
581,894
-101,797
| -15% | -$3.84M |
|
712
PTC
PTC
$16.8B
| $22.1K | 0.03% |
267,384
+139,052
| +108% | +$11.8M |
|
713
Rockwell Automation
ROK
$48.5B
| $22.1K | 0.03% |
100,179
+74,149
| +285% | +$16.6M |
|
714
Advance Auto Parts
AAP
$2.57B
| $22.1K | 0.03% |
143,926
-446,009
| -76% | -$67.2M |
|
715
PUT
CSX Corp
CSX
$95.6B
| $22.1K | 0.03% |
851,700
+21,900
| +3% | +$540K |
|
716
Armstrong World Industries
AWI
$7.55B
| $22K | 0.03% |
320,143
-108,537
| -25% | -$7.94M |
|
717
Virtu Financial
VIRT
$6B
| $22K | 0.03% |
956,418
+170,893
| +22% | +$4.29M |
|
718
TransUnion
TRU
$16.2B
| $22K | 0.03% |
260,981
-173,479
| -40% | -$15M |
|
719
APA Corp
APA
$15.2B
| $21.9K | 0.03% |
2,317,459
-491,535
| -17% | -$6.73M |
|
720
Allstate
ALL
$64.2B
| $21.9K | 0.03% |
232,688
-451,245
| -66% | -$42.1M |
|
721
Expeditors International
EXPD
$24.4B
| $21.8K | 0.03% |
241,140
+43,218
| +22% | +$3.68M |
|
722
Reinsurance Group of America
RGA
$15.9B
| $21.8K | 0.03% |
229,041
-110,069
| -32% | -$9.91M |
|
|
RDS.A
723
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $21.8K | 0.03% |
+865,844
| New | +$26.2M |
|
724
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $21.7K | 0.03% |
196,118
+174,109
| +791% | +$19.6M |
|
725
Kilroy Realty
KRC
$4.25B
| $21.7K | 0.03% |
417,625
+134,948
| +48% | +$7.7M |
|
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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.