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 | |
|---|---|---|---|---|---|---|
|
THS
851
DELISTED
Treehouse Foods
THS
| $16.3M | 0.02% |
372,787
+138,850
| +59% | +$6.77M |
|
|
VRT.WS
852
CALL
DELISTED
Vertiv Holdings Co Warrants, each whole warrant exercisable for one share of Class A Common Stock at
VRT.WS
| $16.3M | 0.02% |
1,203,657
+147,059
| +14% | +$474K |
|
853
Innovative Industrial Properties
IIPR
$1.58B
| $16.3M | 0.02% |
185,269
+171,190
| +1,216% | +$13.9M |
|
854
Jones Lang LaSalle
JLL
$17.7B
| $16.3M | 0.02% |
157,463
+131,066
| +497% | +$13.5M |
|
|
FL
855
DELISTED
Foot Locker
FL
| $16.2M | 0.02% |
556,957
+88,026
| +19% | +$2.32M |
|
856
Starbucks
SBUX
$121B
| $16.2M | 0.02% |
220,212
-633,959
| -74% | -$47.6M |
|
857
PUT
TJX Companies
TJX
$155B
| $16.2M | 0.02% |
319,900
-73,800
| -19% | -$3.71M |
|
858
Paycom
PAYC
$10.5B
| $16.2M | 0.02% |
52,190
+48,567
| +1,341% | +$12.9M |
|
859
Vulcan Materials
VMC
$35.5B
| $16.1M | 0.02% |
+139,286
| New | +$15.3M |
|
860
Iovance Biotherapeutics
IOVA
$3.76B
| $16.1M | 0.02% |
587,509
+429,579
| +272% | +$14.1M |
|
861
Steris
STE
$23B
| $16.1M | 0.02% |
105,038
+5,883
| +6% | +$896K |
|
|
CBB
862
DELISTED
Cincinnati Bell Inc.
CBB
| $16.1M | 0.02% |
1,082,194
+1,058,974
| +4,561% | +$15.6M |
|
863
Highwoods Properties
HIW
$3.5B
| $16.1M | 0.02% |
430,399
-188,136
| -30% | -$7M |
|
864
Synaptics
SYNA
$3.69B
| $16M | 0.02% |
266,919
+59,324
| +29% | +$3.72M |
|
865
Fomento Económico Mexicano
FMX
$41.4B
| $16M | 0.02% |
258,702
+253,787
| +5,164% | +$16.2M |
|
|
LAZR
866
DELISTED
Luminar Technologies
LAZR
| $16M | 0.02% |
100,000
-12,332
| -11% | -$1.91M |
|
867
Crane NXT
CXT
$2.9B
| $16M | 0.02% |
775,410
+342,276
| +79% | +$6.4M |
|
|
TPH
868
DELISTED
Tri Pointe Homes
TPH
| $16M | 0.02% |
+1,090,225
| New | +$13.4M |
|
869
BP
BP
$111B
| $16M | 0.02% |
684,951
+669,913
| +4,455% | +$16.1M |
|
870
Travel + Leisure Co
TNL
$4.44B
| $16M | 0.02% |
566,204
+553,493
| +4,354% | +$15M |
|
871
NovoCure
NVCR
$1.98B
| $15.9M | 0.02% |
268,979
+264,373
| +5,740% | +$17.4M |
|
872
Fiverr
FVRR
$340M
| $15.9M | 0.02% |
215,889
+161,648
| +298% | +$8.31M |
|
873
CALL
Oracle
ORCL
$417B
| $15.9M | 0.02% |
287,400
+207,100
| +258% | +$11M |
|
874
SL Green Realty
SLG
$4.13B
| $15.9M | 0.02% |
332,508
+189,927
| +133% | +$8.72M |
|
|
VIVO
875
DELISTED
Meridian Bioscience Inc
VIVO
| $15.9M | 0.02% |
681,224
-487,161
| -42% | -$7.06M |
|
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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.