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 | |
|---|---|---|---|---|---|---|
|
MXIM
976
DELISTED
Maxim Integrated Products
MXIM
| $13.5M | 0.02% |
222,792
+115,214
| +107% | +$6.41M |
|
977
Western Digital
WDC
$160B
| $13.5M | 0.02% |
403,610
-282,703
| -41% | -$9.16M |
|
978
HUB Group
HUBG
$2.44B
| $13.5M | 0.02% |
+562,316
| New | +$13M |
|
|
PBCT
979
DELISTED
People's United Financial Inc
PBCT
| $13.5M | 0.02% |
1,162,830
+1,022,547
| +729% | +$11.9M |
|
980
Ameren
AEE
$29.7B
| $13.5M | 0.02% |
191,179
-87,111
| -31% | -$6.31M |
|
981
CALL
DuPont de Nemours
DD
$18.3B
| $13.4M | 0.02% |
201,636
+125,236
| +164% | +$7.31M |
|
982
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $13.4M | 0.02% |
210,544
-917,624
| -81% | -$54.1M |
|
|
TIF
983
CALL
DELISTED
Tiffany & Co.
TIF
| $13.4M | 0.02% |
+110,200
| New | +$13.8M |
|
|
CDMO
984
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $13.4M | 0.02% |
2,045,066
+1,344,897
| +192% | +$7.51M |
|
985
Kroger
KR
$35.8B
| $13.4M | 0.02% |
394,680
-462,715
| -54% | -$15M |
|
|
PCPL.U
986
DELISTED
CC Neuberger Principal Holdings I Units, each consisting of one Class A ordinary share and one-third
PCPL.U
| $13.4M | 0.02% |
+1,260,003
| New | +$12.9M |
|
987
PUT
eBay
EBAY
$47.4B
| $13.4M | 0.02% |
254,600
-39,700
| -13% | -$1.68M |
|
988
PUT
Chewy
CHWY
$10B
| $13.3M | 0.02% |
297,900
-180,000
| -38% | -$7.85M |
|
|
NVRO
989
DELISTED
NEVRO CORP.
NVRO
| $13.3M | 0.02% |
111,327
+104,986
| +1,656% | +$12.5M |
|
990
Federal Realty Investment Trust
FRT
$10.2B
| $13.3M | 0.02% |
155,700
+121,333
| +353% | +$9.8M |
|
991
CALL
Accenture
ACN
$114B
| $13.2M | 0.02% |
61,700
+4,700
| +8% | +$889K |
|
|
TWOU
992
DELISTED
2U Inc
TWOU
| $13.2M | 0.02% |
11,624
+10,828
| +1,360% | +$9.67M |
|
993
Public Storage
PSA
$60.1B
| $13.2M | 0.02% |
68,974
+50,034
| +264% | +$9.65M |
|
|
PRSP
994
DELISTED
Perspecta Inc. Common Stock
PRSP
| $13.2M | 0.02% |
+567,985
| New | +$12.4M |
|
995
PUT
NetEase
NTES
$81.8B
| $13.2M | 0.02% |
153,500
-3,500
| -2% | -$263K |
|
|
TWTR
996
PUT
DELISTED
Twitter, Inc.
TWTR
| $13.2M | 0.02% |
442,500
-500,000
| -53% | -$15.1M |
|
997
Novavax
NVAX
$1.56B
| $13.2M | 0.02% |
158,068
-472,646
| -75% | -$18.1M |
|
998
Amdocs
DOX
$6.49B
| $13.2M | 0.02% |
+216,367
| New | +$13.4M |
|
999
CALL
Philip Morris
PM
$299B
| $13.2M | 0.02% |
188,000
+34,400
| +22% | +$2.51M |
|
1000
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $13.2M | 0.02% |
+466,558
| New | +$13.5M |
|
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.