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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.57% |
| 2 | Technology | 12.05% |
| 3 | Financials | 10.74% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Energy | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EA
726
DELISTED
Electronic Arts
EA
| $22.8M | 0.03% |
224,762
-899,709
| -80% | -$85.3M |
|
727
PUT
Constellation Brands
STZ
$23.5B
| $22.8M | 0.03% |
+130,000
| New | +$21.9M |
|
|
SAIL
728
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $22.8M | 0.03% |
793,516
+689,281
| +661% | +$19.6M |
|
729
LPL Financial
LPLA
$28.7B
| $22.7M | 0.03% |
326,481
-6,909
| -2% | -$498K |
|
730
Campbell Soup
CPB
$7.2B
| $22.7M | 0.03% |
596,064
+574,553
| +2,671% | +$20.3M |
|
731
Illumina
ILMN
$33.4B
| $22.6M | 0.03% |
74,934
-190,671
| -72% | -$55.6M |
|
|
WPX
732
DELISTED
WPX Energy, Inc.
WPX
| $22.6M | 0.03% |
1,726,615
-6,086,710
| -78% | -$76.4M |
|
733
Myriad Genetics
MYGN
$289M
| $22.6M | 0.03% |
680,908
+329,220
| +94% | +$10M |
|
|
CBAY
734
DELISTED
Cymabay Therapeutics
CBAY
| $22.6M | 0.03% |
1,701,700
+538,548
| +46% | +$5.73M |
|
735
Snap-on
SNA
$20.3B
| $22.6M | 0.03% |
144,295
-98,818
| -41% | -$15.7M |
|
736
Waste Management
WM
$90.4B
| $22.5M | 0.03% |
216,939
-665,467
| -75% | -$64.9M |
|
737
Everest Group
EG
$14.4B
| $22.5M | 0.03% |
104,365
+96,370
| +1,205% | +$21M |
|
738
Red Rock Resorts
RRR
$3.62B
| $22.3M | 0.03% |
861,012
+96,639
| +13% | +$2.5M |
|
739
Seacoast Banking Corp of Florida
SBCF
$3.34B
| $22.3M | 0.03% |
844,417
+293,874
| +53% | +$8.25M |
|
740
HealthEquity
HQY
$8.79B
| $22.2M | 0.03% |
300,543
+131,125
| +77% | +$9.22M |
|
|
AMTD
741
DELISTED
TD Ameritrade Holding Corp
AMTD
| $22.2M | 0.03% |
444,700
-440,045
| -50% | -$23.8M |
|
742
Air Products & Chemicals
APD
$67.8B
| $22.1M | 0.03% |
115,866
-79,058
| -41% | -$13.6M |
|
743
Ares Management
ARES
$31.6B
| $22.1M | 0.03% |
952,942
-353,825
| -27% | -$7.73M |
|
|
RSX
744
DELISTED
VanEck Russia ETF
RSX
| $22.1M | 0.03% |
1,072,423
+717,632
| +202% | +$14.8M |
|
|
EPZM
745
DELISTED
Epizyme, Inc
EPZM
| $22M | 0.03% |
1,774,482
+955,682
| +117% | +$10.7M |
|
746
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $21.9M | 0.03% |
253,500
+219,400
| +643% | +$18.6M |
|
747
Essent Group
ESNT
$6.17B
| $21.9M | 0.03% |
503,919
+64,535
| +15% | +$2.66M |
|
748
AMN Healthcare
AMN
$1.32B
| $21.9M | 0.03% |
464,168
+246,322
| +113% | +$13.7M |
|
749
CNO Financial Group
CNO
$5.01B
| $21.8M | 0.03% |
1,349,680
+118,293
| +10% | +$2.01M |
|
|
SNBR
750
DELISTED
Sleep Number
SNBR
| $21.8M | 0.03% |
464,025
+244,628
| +112% | +$9.85M |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $6.14B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.