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 | |
|---|---|---|---|---|---|---|
926
CALL
Alnylam Pharmaceuticals
ALNY
$31.5B
| $15.3K | 0.02% |
+105,000
| New | +$14.9M |
|
927
nVent Electric
NVT
$25.2B
| $15.3K | 0.02% |
863,590
-519,381
| -38% | -$9.72M |
|
928
Genworth Financial
GNW
$3.75B
| $15.3K | 0.02% |
4,559,193
+2,859,853
| +168% | +$7.62M |
|
929
Netflix
NFLX
$335B
| $15.2K | 0.02% |
304,780
-1,208,830
| -80% | -$60.2M |
|
930
Lennox International
LII
$13.8B
| $15.2K | 0.02% |
55,763
+19,853
| +55% | +$5.3M |
|
931
Brown-Forman Class B
BF.B
$13.2B
| $15.2K | 0.02% |
201,802
+48
| +0% | +$3.44K |
|
|
SPLK
932
PUT
DELISTED
Splunk Inc
SPLK
| $15.2K | 0.02% |
80,700
+62,900
| +353% | +$12.5M |
|
933
TechnipFMC
FTI
$29.7B
| $15K | 0.02% |
3,195,425
+2,003,344
| +168% | +$11.3M |
|
934
Boeing
BA
$166B
| $15K | 0.02% |
90,679
+23,347
| +35% | +$3.98M |
|
|
IPHI
935
DELISTED
INPHI CORPORATION
IPHI
| $15K | 0.02% |
133,335
-329,048
| -71% | -$38.4M |
|
|
PAYA
936
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $14.9K | 0.02% |
1,450,000
-100,000
| -6% | -$1.05M |
|
937
CALL
American Express
AXP
$228B
| $14.9K | 0.02% |
149,000
-16,400
| -10% | -$1.61M |
|
938
Rithm Capital
RITM
$5.73B
| $14.9K | 0.02% |
1,875,036
+1,021,242
| +120% | +$7.86M |
|
939
MGIC Investment
MTG
$6.4B
| $14.8K | 0.02% |
1,674,927
+92,131
| +6% | +$785K |
|
940
CALL
CVS Health
CVS
$119B
| $14.8K | 0.02% |
253,900
-300
| -0.1% | -$18.7K |
|
941
BioLife Solutions
BLFS
$1.82B
| $14.8K | 0.02% |
511,816
+442,476
| +638% | +$9.56M |
|
|
XYZ
942
Block Inc
XYZ
$49.1B
| $14.8K | 0.02% |
91,076
-462,427
| -84% | -$65.3M |
|
943
Melco Resorts & Entertainment
MLCO
$2.07B
| $14.8K | 0.02% |
888,927
-165,541
| -16% | -$2.93M |
|
|
AUY
944
DELISTED
Yamana Gold, Inc.
AUY
| $14.8K | 0.02% |
2,599,786
+1,442,103
| +125% | +$8.64M |
|
|
CHPM
945
DELISTED
CHP Merger Corp. Class A Common Stock
CHPM
| $14.8K | 0.02% |
1,448,660
+872,926
| +152% | +$8.88M |
|
|
MGP
946
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $14.7K | 0.02% |
526,038
-402,408
| -43% | -$11.2M |
|
947
Axogen
AXGN
$2.63B
| $14.7K | 0.02% |
1,260,714
+261,982
| +26% | +$3.04M |
|
948
Newell Brands
NWL
$2.56B
| $14.6K | 0.02% |
851,250
-34,247
| -4% | -$571K |
|
|
GOOS
949
Canada Goose Holdings
GOOS
$794M
| $14.6K | 0.02% |
454,036
+436,706
| +2,520% | +$10.8M |
|
|
JNPR
950
DELISTED
Juniper Networks
JNPR
| $14.6K | 0.02% |
678,760
-131,192
| -16% | -$3.11M |
|
Similar funds
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.