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 | |
|---|---|---|---|---|---|---|
1026
Kemper
KMPR
$1.63B
| $7.55M | 0.02% |
101,554
+26,756
| +36% | +$2M |
|
|
GOOD
1027
Gladstone Commercial Corp
GOOD
$638M
| $7.53M | 0.02% |
524,634
+194,020
| +59% | +$3.69M |
|
1028
Universal Display
OLED
$3.89B
| $7.5M | 0.02% |
56,901
+5,521
| +11% | +$950K |
|
|
IBTX
1029
DELISTED
Independent Bank Group, Inc.
IBTX
| $7.49M | 0.02% |
316,277
+123,516
| +64% | +$5.67M |
|
1030
CALL
Intuitive Surgical
ISRG
$132B
| $7.48M | 0.02% |
45,300
-157,800
| -78% | -$28.9M |
|
1031
PUT
Prudential Financial
PRU
$42.3B
| $7.47M | 0.02% |
143,200
-8,800
| -6% | -$699K |
|
1032
Associated Banc-Corp
ASB
$5.84B
| $7.46M | 0.02% |
583,393
-324,176
| -36% | -$5.82M |
|
1033
Gen Digital
GEN
$17.4B
| $7.46M | 0.02% |
398,759
-251,863
| -39% | -$5.45M |
|
1034
CALL
Advanced Micro Devices
AMD
$746B
| $7.45M | 0.02% |
163,700
+86,200
| +111% | +$4.15M |
|
|
CTRA
1035
DELISTED
Coterra Energy
CTRA
| $7.43M | 0.02% |
432,323
-97,280
| -18% | -$1.54M |
|
|
JKS
1036
JinkoSolar
JKS
$846M
| $7.42M | 0.02% |
499,682
+476,086
| +2,018% | +$9.99M |
|
1037
First Financial Bankshares
FFIN
$4.87B
| $7.41M | 0.02% |
275,992
+260,867
| +1,725% | +$8.17M |
|
1038
KALA BIO
KALA
$15.4M
| $7.4M | 0.02% |
337
+117
| +53% | +$1.87M |
|
1039
Crane NXT
CXT
$2.87B
| $7.4M | 0.02% |
433,134
+19,309
| +5% | +$496K |
|
|
VER
1040
DELISTED
VEREIT, Inc.
VER
| $7.39M | 0.02% |
302,301
+97,521
| +48% | +$4.12M |
|
|
FPAC.WS
1041
CALL
DELISTED
Far Point Acquisition Corporation Warrants, exercisable for one share of Class A Common Stock for $1
FPAC.WS
| $7.39M | 0.02% |
729,999
+629,999
| +630% | +$934K |
|
1042
First Majestic Silver
AG
$10.3B
| $7.36M | 0.02% |
1,189,220
+411,074
| +53% | +$3.68M |
|
|
TLMD
1043
DELISTED
SOC Telemed, Inc. Class A Common Stock
TLMD
| $7.35M | 0.02% |
+750,000
| New | +$7.4M |
|
|
CIT
1044
DELISTED
CIT Group Inc.
CIT
| $7.33M | 0.02% |
424,425
+150,103
| +55% | +$5.67M |
|
1045
Primerica
PRI
$9.23B
| $7.33M | 0.02% |
82,783
-28,448
| -26% | -$3.25M |
|
1046
PUT
Zoom
ZM
$30.7B
| $7.31M | 0.02% |
+50,000
| New | +$4.93M |
|
1047
Pool Corp
POOL
$6.84B
| $7.29M | 0.02% |
+37,058
| New | +$7.89M |
|
1048
Helmerich & Payne
HP
$4.25B
| $7.28M | 0.02% |
465,370
-1,324,742
| -74% | -$46.7M |
|
1049
Orion
OEC
$340M
| $7.28M | 0.02% |
976,177
-500,863
| -34% | -$7.25M |
|
1050
PVH
PVH
$3.55B
| $7.28M | 0.02% |
193,338
-273,665
| -59% | -$20.9M |
|
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.