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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Ares Management
ARES
$31.6B
| $16.8M | 0.02% |
423,555
+294,380
| +228% | +$10.4M |
|
827
Assured Guaranty
AGO
$3.26B
| $16.8M | 0.02% |
687,873
+486,872
| +242% | +$13.3M |
|
828
CALL
FedEx
FDX
$79.1B
| $16.7M | 0.02% |
119,400
+103,400
| +646% | +$13M |
|
829
Post Holdings
POST
$3.73B
| $16.7M | 0.02% |
291,486
+246,010
| +541% | +$14.3M |
|
830
Autohome
ATHM
$2.52B
| $16.7M | 0.02% |
221,168
+218,019
| +6,923% | +$17.1M |
|
831
Microchip Technology
MCHP
$40.3B
| $16.7M | 0.02% |
316,636
+82,448
| +35% | +$3.71M |
|
832
CALL
Walmart Inc
WMT
$847B
| $16.6M | 0.02% |
416,400
-1,049,400
| -72% | -$43.2M |
|
833
TransDigm Group
TDG
$66.3B
| $16.6M | 0.02% |
37,591
-76,386
| -67% | -$28.9M |
|
|
ARNA
834
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $16.6M | 0.02% |
263,920
+143,437
| +119% | +$7.89M |
|
835
NNN REIT
NNN
$8.89B
| $16.6M | 0.02% |
468,223
+303,456
| +184% | +$9.92M |
|
836
Kilroy Realty
KRC
$4.29B
| $16.6M | 0.02% |
282,677
-195,228
| -41% | -$11.8M |
|
|
Y
837
DELISTED
Alleghany Corp
Y
| $16.6M | 0.02% |
33,908
+33,245
| +5,014% | +$17.2M |
|
838
BioMarin Pharmaceuticals
BMRN
$12.6B
| $16.6M | 0.02% |
134,332
-94,130
| -41% | -$9.36M |
|
839
COPT Defense Properties
CDP
$4.25B
| $16.5M | 0.02% |
652,148
+642,293
| +6,517% | +$16M |
|
840
CALL
CVS Health
CVS
$120B
| $16.5M | 0.02% |
254,200
+134,700
| +113% | +$8.48M |
|
|
ETWO
841
DELISTED
E2open Parent Holdings
ETWO
| $16.5M | 0.02% |
+1,639,719
| New | +$16.5M |
|
842
Unum
UNM
$14.2B
| $16.5M | 0.02% |
992,637
+980,582
| +8,134% | +$15.5M |
|
843
Brinker International
EAT
$10.9B
| $16.5M | 0.02% |
685,999
+556,639
| +430% | +$11.9M |
|
844
TC Energy
TRP
$64.7B
| $16.4M | 0.02% |
383,680
+165,813
| +76% | +$7.44M |
|
845
Chewy
CHWY
$10B
| $16.4M | 0.02% |
367,621
+290,878
| +379% | +$12.7M |
|
846
CALL
Boston Scientific
BSX
$71B
| $16.4M | 0.02% |
467,800
+442,200
| +1,727% | +$15.9M |
|
|
SWN
847
DELISTED
Southwestern Energy Company
SWN
| $16.4M | 0.02% |
6,413,788
+6,342,710
| +8,924% | +$18.1M |
|
848
Melco Resorts & Entertainment
MLCO
$2.08B
| $16.4M | 0.02% |
1,054,468
+1,043,359
| +9,392% | +$16.1M |
|
|
FREE
849
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $16.4M | 0.02% |
2,027,351
+721,820
| +55% | +$7.24M |
|
850
Navient
NAVI
$888M
| $16.3M | 0.02% |
2,324,673
+1,868,936
| +410% | +$13.9M |
|
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Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.