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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.91% |
| 2 | Technology | 7.43% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 5.69% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CMA
926
DELISTED
Comerica
CMA
| $8.86M | 0.02% |
301,853
+183,247
| +155% | +$9.95M |
|
927
PUT
eBay
EBAY
$47.6B
| $8.85M | 0.02% |
294,300
-234,500
| -44% | -$8.17M |
|
928
Monster Beverage
MNST
$95.9B
| $8.83M | 0.02% |
627,592
-2,419,516
| -79% | -$38.9M |
|
929
Rogers Communications
RCI
$19.7B
| $8.79M | 0.02% |
211,649
+130,965
| +162% | +$6.13M |
|
930
State Street SPDR S&P Regional Banking ETF
KRE
$4.06B
| $8.79M | 0.02% |
269,631
+248,783
| +1,193% | +$12.2M |
|
931
Black Hills Corp
BKH
$5.49B
| $8.78M | 0.02% |
137,073
+73,181
| +115% | +$5.53M |
|
932
Harley-Davidson
HOG
$2.95B
| $8.78M | 0.02% |
463,564
+408,599
| +743% | +$12.4M |
|
933
Idacorp
IDA
$8B
| $8.76M | 0.02% |
99,802
-76,299
| -43% | -$7.85M |
|
934
Xylem
XYL
$26.7B
| $8.76M | 0.02% |
134,437
-93,357
| -41% | -$7.36M |
|
935
MACOM Technology Solutions
MTSI
$19.7B
| $8.73M | 0.02% |
461,407
+437,701
| +1,846% | +$11.1M |
|
936
Leggett & Platt
LEG
$1.28B
| $8.71M | 0.02% |
326,563
-82,587
| -20% | -$3.44M |
|
|
CCX.WS
937
CALL
DELISTED
Churchill Capital Corp II Warrants, each exercisable for one share of Class A common stock at an exe
CCX.WS
| $8.7M | 0.02% |
873,866
+840,533
| +2,522% | +$1.58M |
|
938
G-III Apparel Group
GIII
$1.43B
| $8.66M | 0.02% |
1,124,640
+866,276
| +335% | +$19.7M |
|
|
ENV
939
DELISTED
ENVESTNET, INC.
ENV
| $8.65M | 0.02% |
160,940
+110,585
| +220% | +$7.92M |
|
940
Valmont Industries
VMI
$9.3B
| $8.65M | 0.02% |
81,651
-44,166
| -35% | -$5.73M |
|
941
CALL
CSX Corp
CSX
$95.3B
| $8.65M | 0.02% |
453,000
-12,300
| -3% | -$287K |
|
942
Devon Energy
DVN
$53.1B
| $8.64M | 0.02% |
1,250,182
-810,643
| -39% | -$14.7M |
|
|
LADR
943
Ladder Capital
LADR
$1.27B
| $8.64M | 0.02% |
1,822,506
+725,390
| +66% | +$11M |
|
944
Semtech
SMTC
$11.3B
| $8.64M | 0.02% |
+230,352
| New | +$10.4M |
|
|
SNV
945
DELISTED
Synovus
SNV
| $8.59M | 0.02% |
489,391
-2,055,312
| -81% | -$63.3M |
|
946
Albany International
AIN
$1.66B
| $8.59M | 0.02% |
181,460
+79,349
| +78% | +$5.2M |
|
947
Monarch Casino & Resort
MCRI
$2.23B
| $8.57M | 0.02% |
305,315
+266,342
| +683% | +$11.7M |
|
948
Neurogene
NGNE
$793M
| $8.57M | 0.02% |
37,647
+35,265
| +1,480% | +$7.26M |
|
949
Novavax
NVAX
$1.46B
| $8.56M | 0.02% |
630,714
+609,860
| +2,924% | +$5.16M |
|
950
Corteva
CTVA
$55.2B
| $8.53M | 0.02% |
+363,155
| New | +$9.99M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.