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 | |
|---|---|---|---|---|---|---|
826
Eversource Energy
ES
$26.5B
| $18.1K | 0.02% |
216,745
+49,479
| +30% | +$4.24M |
|
|
NSH.U
827
DELISTED
NavSight Holdings, Inc. Units, each consisting of one share of Class A Common Stock and one-half of
NSH.U
| $18.1K | 0.02% |
+1,800,000
| New | +$18.1M |
|
828
Four Corners Property Trust
FCPT
$2.79B
| $18K | 0.02% |
703,257
+303,709
| +76% | +$7.51M |
|
829
iShares Russell 2000 ETF
IWM
$81.5B
| $18K | 0.02% |
120,097
-699,652
| -85% | -$105M |
|
830
Boyd Gaming
BYD
$5.89B
| $17.9K | 0.02% |
584,096
+465,249
| +391% | +$11.7M |
|
|
CHX
831
DELISTED
ChampionX
CHX
| $17.9K | 0.02% |
2,241,353
-793,170
| -26% | -$7.64M |
|
832
Dell
DELL
$284B
| $17.9K | 0.02% |
521,697
+433,044
| +488% | +$13.5M |
|
|
NSA
833
DELISTED
National Storage Affiliates Trust
NSA
| $17.8K | 0.02% |
544,991
+506,379
| +1,311% | +$16.3M |
|
834
Chevron
CVX
$398B
| $17.8K | 0.02% |
247,264
-1,233,476
| -83% | -$104M |
|
835
Norwegian Cruise Line
NCLH
$7.87B
| $17.8K | 0.02% |
1,040,453
-1,126,648
| -52% | -$17.8M |
|
836
Altria Group
MO
$114B
| $17.8K | 0.02% |
459,681
+309,797
| +207% | +$12.9M |
|
837
System1
SST
$17.1M
| $17.7K | 0.02% |
+174,194
| New | +$17.7M |
|
838
Archer Daniels Midland
ADM
$38.2B
| $17.7K | 0.02% |
381,199
+254,202
| +200% | +$11.1M |
|
839
MasTec
MTZ
$20.4B
| $17.7K | 0.02% |
419,608
+404,809
| +2,735% | +$17.4M |
|
|
VCRA
840
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $17.7K | 0.02% |
+608,247
| New | +$16.4M |
|
|
YAC.U
841
DELISTED
Yucaipa Acquisition Corporation Units, each consisting of one Class A ordinary share and one-third o
YAC.U
| $17.6K | 0.02% |
+1,730,001
| New | +$17.5M |
|
|
OSH
842
DELISTED
Oak Street Health, Inc.
OSH
| $17.6K | 0.02% |
+330,138
| New | +$14.8M |
|
843
CNX Resources
CNX
$5.4B
| $17.6K | 0.02% |
1,867,979
-172,291
| -8% | -$1.76M |
|
|
ORGN
844
DELISTED
Origin Materials
ORGN
| $17.6K | 0.02% |
+59,000
| New | +$17.6M |
|
845
LG Display
LPL
$3.32B
| $17.6K | 0.02% |
2,693,902
+1,108,806
| +70% | +$6.53M |
|
846
Katapult Holdings
KPLT
$490M
| $17.6K | 0.02% |
70,000
+10,000
| +17% | +$2.52M |
|
847
VeriSign
VRSN
$26.3B
| $17.5K | 0.02% |
85,582
-44,511
| -34% | -$9.19M |
|
848
Surgery Partners
SGRY
$1.9B
| $17.5K | 0.02% |
799,986
-59,527
| -7% | -$1.06M |
|
849
Johnson & Johnson
JNJ
$652B
| $17.4K | 0.02% |
117,115
-757,039
| -87% | -$112M |
|
850
Trex
TREX
$4.82B
| $17.4K | 0.02% |
243,078
-158,794
| -40% | -$11M |
|
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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.