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 | |
|---|---|---|---|---|---|---|
|
GLIBA
901
DELISTED
GCI Liberty, Inc. Class A Common Stock (DE)
GLIBA
| $15.4M | 0.02% |
216,374
+163,701
| +311% | +$10.5M |
|
902
Radian Group
RDN
$4.85B
| $15.4M | 0.02% |
992,145
+635,580
| +178% | +$9.41M |
|
|
VER
903
DELISTED
VEREIT, Inc.
VER
| $15.4M | 0.02% |
478,244
+175,943
| +58% | +$4.9M |
|
904
Tyson Foods
TSN
$20.2B
| $15.4M | 0.02% |
257,159
-369,378
| -59% | -$22.4M |
|
|
BZUN
905
Baozun
BZUN
$161M
| $15.3M | 0.02% |
399,053
+241,390
| +153% | +$7.58M |
|
|
STAY
906
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $15.3M | 0.02% |
+1,371,210
| New | +$14.4M |
|
907
CALL
Waters Corp
WAT
$40.6B
| $15.3M | 0.02% |
85,000
+32,000
| +60% | +$6.05M |
|
908
CALL
Walt Disney
DIS
$191B
| $15.3M | 0.02% |
137,500
-5,000
| -4% | -$552K |
|
909
Pinterest
PINS
$13.3B
| $15.3M | 0.02% |
688,192
+452,680
| +192% | +$8.84M |
|
|
DQ
910
Daqo New Energy
DQ
$953M
| $15.3M | 0.02% |
1,027,450
-471,645
| -31% | -$5.16M |
|
911
PUT
Sherwin-Williams
SHW
$84.4B
| $15.3M | 0.02% |
+79,200
| New | +$14.3M |
|
912
Carrier Global
CARR
$48.7B
| $15.3M | 0.02% |
+686,464
| New | +$12.8M |
|
|
ATH
913
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $15.2M | 0.02% |
488,358
+467,626
| +2,256% | +$13.1M |
|
914
iShares MSCI China ETF
MCHI
$6.23B
| $15.2M | 0.02% |
232,557
+222,697
| +2,259% | +$13.7M |
|
915
Herbalife
HLF
$1.33B
| $15.1M | 0.02% |
336,638
+11,091
| +3% | +$431K |
|
916
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.74B
| $15.1M | 0.02% |
3,676,700
+3,617,250
| +6,085% | +$183M |
|
917
Arista Networks
ANET
$241B
| $15.1M | 0.02% |
1,153,056
+1,012,064
| +718% | +$13.7M |
|
918
Skyworks Solutions
SWKS
$9.62B
| $15.1M | 0.02% |
+118,248
| New | +$13.1M |
|
919
Elanco Animal Health
ELAN
$12.3B
| $15.1M | 0.02% |
701,759
+537,811
| +328% | +$11.9M |
|
920
Expeditors International
EXPD
$24.4B
| $15.1M | 0.02% |
197,922
+8,268
| +4% | +$604K |
|
|
HDS
921
DELISTED
HD Supply Holdings, Inc.
HDS
| $15M | 0.02% |
433,971
-5,365
| -1% | -$166K |
|
922
Group 1 Automotive
GPI
$3.09B
| $15M | 0.02% |
227,779
+191,850
| +534% | +$11M |
|
923
Katapult Holdings
KPLT
$494M
| $14.9M | 0.02% |
60,000
+25,434
| +74% | +$6.23M |
|
924
Welltower
WELL
$173B
| $14.9M | 0.02% |
288,028
+271,886
| +1,684% | +$13.4M |
|
925
Petrobras Class A
PBR.A
$103B
| $14.9M | 0.02% |
1,866,314
+1,790,068
| +2,348% | +$12.6M |
|
Similar funds
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.