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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.62% |
| 2 | Financials | 10.42% |
| 3 | Technology | 9.63% |
| 4 | Consumer Discretionary | 8.71% |
| 5 | Industrials | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
MetLife
MET
$60B
| $159M | 0.25% |
3,375,699
+2,148,805
| +175% | +$102M |
|
52
Bio-Rad Laboratories Class A
BIO
$10.2B
| $157M | 0.25% |
471,361
-54,563
| -10% | -$17.8M |
|
53
NXP Semiconductors
NXPI
$56.9B
| $155M | 0.25% |
1,420,623
-2,040,325
| -59% | -$208M |
|
54
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $154M | 0.24% |
5,214,400
+2,417,400
| +86% | +$73.1M |
|
55
Biogen
BIIB
$32B
| $152M | 0.24% |
653,728
+178,008
| +37% | +$41.4M |
|
56
Costco
COST
$420B
| $151M | 0.24% |
522,961
+512,653
| +4,973% | +$144M |
|
57
S&P Global
SPGI
$127B
| $151M | 0.24% |
614,960
-81,665
| -12% | -$20.4M |
|
58
Alphabet (Google) Class A
GOOGL
$4.22T
| $149M | 0.24% |
2,445,280
+1,776,180
| +265% | +$105M |
|
59
Applied Materials
AMAT
$391B
| $147M | 0.23% |
2,949,181
+2,221,334
| +305% | +$107M |
|
|
BNY
60
Bank of New York Mellon
BNY
$108B
| $146M | 0.23% |
3,237,204
+3,167,762
| +4,562% | +$141M |
|
61
Morgan Stanley
MS
$336B
| $142M | 0.22% |
3,323,186
+2,181,076
| +191% | +$93.2M |
|
62
Linde
LIN
$225B
| $141M | 0.22% |
729,693
+492,006
| +207% | +$95.3M |
|
63
CMS Energy
CMS
$21.4B
| $141M | 0.22% |
2,202,394
-1,737,809
| -44% | -$106M |
|
64
Target
TGT
$75.1B
| $140M | 0.22% |
1,313,032
+141,889
| +12% | +$13.5M |
|
|
65
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $140M | 0.22% |
4,734,000
+834,600
| +21% | +$25.2M |
|
|
WRK
66
DELISTED
WestRock Company
WRK
| $137M | 0.22% |
3,763,943
+1,832,178
| +95% | +$65.4M |
|
67
RTX Corp
RTX
$283B
| $137M | 0.22% |
1,591,612
+746,933
| +88% | +$62M |
|
68
United Airlines
UAL
$36.7B
| $136M | 0.22% |
1,543,780
+946,882
| +159% | +$83.7M |
|
69
PUT
PayPal
PYPL
$52.7B
| $135M | 0.21% |
1,306,400
+116,600
| +10% | +$12.8M |
|
70
PUT
Netflix
NFLX
$331B
| $135M | 0.21% |
5,056,000
+901,000
| +22% | +$28.2M |
|
|
71
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $134M | 0.21% |
2,198,000
-510,000
| -19% | -$30.2M |
|
72
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $134M | 0.21% |
2,179,500
+1,449,300
| +198% | +$87.1M |
|
73
United Therapeutics
UTHR
$22B
| $134M | 0.21% |
1,675,122
+13,283
| +0.8% | +$1.07M |
|
|
GWR
74
DELISTED
Genesee & Wyoming Inc.
GWR
| $133M | 0.21% |
1,200,443
+926,056
| +337% | +$102M |
|
75
American Express
AXP
$227B
| $131M | 0.21% |
1,107,879
+1,069,328
| +2,774% | +$131M |
|
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Israel Englander's Q3 2019 Portfolio in Review
As of Q3 2019, Israel Englander held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Israel Englander's Q3 2019 filing shows 843 new, 1,522 increased, 1,651 reduced and 727 closed positions. Its largest new stake was L3Harris: 1,378,220 shares worth $288M. The largest sale was LyondellBasell Industries, an estimated $441M.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Israel Englander added most to Ameren in Q3 2019, an estimated $239M increase.
- Israel Englander's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Israel Englander fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Israel Englander's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Israel Englander opened 843 new positions and closed 727 in Q3 2019.
- Israel Englander's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.