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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.62% |
| 2 | Financials | 10.42% |
| 3 | Technology | 9.63% |
| 4 | Consumer Discretionary | 8.71% |
| 5 | Industrials | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Globus Medical
GMED
$11.1B
| $16.2M | 0.03% |
+316,430
| New | +$15.1M |
|
|
FL
927
DELISTED
Foot Locker
FL
| $16.1M | 0.03% |
373,153
-671,383
| -64% | -$27M |
|
928
Outfront Media
OUT
$5.4B
| $16.1M | 0.03% |
588,650
-1,640,612
| -74% | -$43.7M |
|
929
Franco-Nevada
FNV
$52.4B
| $16.1M | 0.03% |
176,529
+23,449
| +15% | +$2.15M |
|
930
PUT
Vulcan Materials
VMC
$35.5B
| $16.1M | 0.03% |
+106,400
| New | +$15M |
|
931
iShares MSCI Germany ETF
EWG
$1.73B
| $16M | 0.03% |
595,656
+387,726
| +186% | +$10.4M |
|
932
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $16M | 0.03% |
142,089
+107,700
| +313% | +$12M |
|
933
VF Corp
VFC
$5.44B
| $16M | 0.03% |
179,263
+54,247
| +43% | +$4.63M |
|
934
Pinnacle West Capital
PNW
$11.8B
| $15.9M | 0.03% |
164,180
-44,104
| -21% | -$4.15M |
|
935
Teleflex
TFX
$5.94B
| $15.9M | 0.03% |
46,907
-142,581
| -75% | -$49.7M |
|
936
ONE Gas
OGS
$5.05B
| $15.9M | 0.03% |
165,768
+50,427
| +44% | +$4.6M |
|
937
PUT
Capital One
COF
$133B
| $15.9M | 0.03% |
175,000
+65,200
| +59% | +$5.86M |
|
938
Eagle Bancorp
EGBN
$844M
| $15.9M | 0.03% |
356,438
-176,215
| -33% | -$7.69M |
|
|
QIWI
939
DELISTED
QIWI PLC
QIWI
| $15.8M | 0.03% |
721,746
+414,074
| +135% | +$8.94M |
|
940
CALL
Illumina
ILMN
$34B
| $15.8M | 0.03% |
53,456
+22,616
| +73% | +$6.67M |
|
|
P
941
Everpure Inc
P
$34.2B
| $15.8M | 0.03% |
932,655
+420,041
| +82% | +$6.59M |
|
|
PPL
942
CALL
PPL Corp
PPL
$26.3B
| $15.8M | 0.02% |
+501,000
| New | +$15.1M |
|
943
Comfort Systems
FIX
$55B
| $15.7M | 0.02% |
355,547
+194,723
| +121% | +$8.49M |
|
|
LNW
944
DELISTED
Light & Wonder
LNW
| $15.7M | 0.02% |
772,769
-182,478
| -19% | -$3.6M |
|
|
Y
945
DELISTED
Alleghany Corp
Y
| $15.7M | 0.02% |
19,621
-22,357
| -53% | -$16.4M |
|
946
Elastic
ESTC
$8.36B
| $15.6M | 0.02% |
189,869
+12,240
| +7% | +$1.09M |
|
947
J&J Snack Foods
JJSF
$1.67B
| $15.6M | 0.02% |
81,408
+53,779
| +195% | +$9.76M |
|
948
PACCAR
PCAR
$68B
| $15.6M | 0.02% |
334,728
+202,993
| +154% | +$9.26M |
|
949
PUT
Howmet Aerospace
HWM
$105B
| $15.6M | 0.02% |
782,400
-522
| -0.1% | -$10.3K |
|
950
Oil States International
OIS
$506M
| $15.6M | 0.02% |
1,171,146
-66,724
| -5% | -$960K |
|
Similar funds
Israel Englander's Q3 2019 Portfolio in Review
As of Q3 2019, Israel Englander held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Israel Englander's Q3 2019 filing shows 843 new, 1,522 increased, 1,651 reduced and 727 closed positions. Its largest new stake was L3Harris: 1,378,220 shares worth $288M. The largest sale was LyondellBasell Industries, an estimated $441M.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Israel Englander added most to Ameren in Q3 2019, an estimated $239M increase.
- Israel Englander's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Israel Englander fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Israel Englander's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Israel Englander opened 843 new positions and closed 727 in Q3 2019.
- Israel Englander's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.