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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
CALL
State Street SPDR S&P Retail ETF
XRT
$325M
| $16.8M | 0.02% |
365,300
-43,100
| -11% | -$1.9M |
|
952
Nutrien
NTR
$34.8B
| $16.8M | 0.02% |
349,760
+335,342
| +2,326% | +$16.2M |
|
953
iShares Floating Rate Bond ETF
FLOT
$10.6B
| $16.8M | 0.02% |
328,970
+88,832
| +37% | +$4.52M |
|
|
JHG
954
DELISTED
Janus Henderson
JHG
| $16.7M | 0.02% |
684,449
+334,001
| +95% | +$7.96M |
|
955
PUT
General Motors
GM
$75.3B
| $16.7M | 0.02% |
456,500
+6,500
| +1% | +$236K |
|
|
IBKC
956
DELISTED
IBERIABANK Corp
IBKC
| $16.7M | 0.02% |
222,699
-53,979
| -20% | -$4.01M |
|
957
Henry Schein
HSIC
$9.99B
| $16.6M | 0.02% |
+249,358
| New | +$16.5M |
|
958
Heron Therapeutics
HRTX
$61.3M
| $16.6M | 0.02% |
707,544
+140,613
| +25% | +$3.11M |
|
959
QuidelOrtho
QDEL
$1.03B
| $16.6M | 0.02% |
221,487
+22,528
| +11% | +$1.46M |
|
960
Gen Digital
GEN
$17.5B
| $16.6M | 0.02% |
650,622
-74,659
| -10% | -$1.82M |
|
|
MODN
961
DELISTED
MODEL N, INC.
MODN
| $16.5M | 0.02% |
471,823
+158,047
| +50% | +$4.81M |
|
962
Orthofix Medical
OFIX
$393M
| $16.5M | 0.02% |
358,247
+243,722
| +213% | +$11.5M |
|
963
Agios Pharmaceuticals
AGIO
$2.02B
| $16.5M | 0.02% |
346,203
+133,095
| +62% | +$5.03M |
|
964
Tesla
TSLA
$1.38T
| $16.5M | 0.02% |
590,655
-436,350
| -42% | -$9.47M |
|
|
PINC
965
DELISTED
Premier
PINC
| $16.4M | 0.02% |
433,922
+77,432
| +22% | +$2.73M |
|
|
OPB
966
DELISTED
Opus Bank Common Stock
OPB
| $16.4M | 0.02% |
634,277
+412,125
| +186% | +$10.2M |
|
|
ATH
967
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $16.4M | 0.02% |
347,669
+301,617
| +655% | +$13.1M |
|
968
MGP Ingredients
MGPI
$384M
| $16.3M | 0.02% |
336,861
+34,982
| +12% | +$1.64M |
|
969
Suncor Energy
SU
$76.4B
| $16.3M | 0.02% |
496,358
-2,169,076
| -81% | -$67.7M |
|
|
HCCOU
970
DELISTED
Healthcare Merger Corp. Units
HCCOU
| $16.3M | 0.02% |
+1,570,000
| New | +$16.5M |
|
|
WBT
971
DELISTED
Welbilt, Inc.
WBT
| $16.2M | 0.02% |
1,040,007
+580,941
| +127% | +$9.94M |
|
972
Southwest Gas
SWX
$6.45B
| $16.2M | 0.02% |
213,532
+13,273
| +7% | +$1.08M |
|
|
CVGW
973
DELISTED
Calavo Growers
CVGW
| $16.2M | 0.02% |
178,877
+105,629
| +144% | +$9.44M |
|
974
Puma Biotechnology
PBYI
$481M
| $16.2M | 0.02% |
1,850,306
+1,172,911
| +173% | +$9.71M |
|
|
LSXMK
975
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $16.2M | 0.02% |
441,236
+112,301
| +34% | +$3.92M |
|
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Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $9.74B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.