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 | |
|---|---|---|---|---|---|---|
|
SIVB
1026
DELISTED
SVB Financial Group
SIVB
| $12.7M | 0.02% |
58,996
+52,701
| +837% | +$10.1M |
|
1027
Prosperity Bancshares
PB
$8.7B
| $12.7M | 0.02% |
213,991
-107,257
| -33% | -$6.19M |
|
1028
Kimco Realty
KIM
$16.2B
| $12.7M | 0.02% |
988,761
+426,288
| +76% | +$4.74M |
|
1029
Check Point Software Technologies
CHKP
$13.1B
| $12.6M | 0.02% |
117,696
-63,420
| -35% | -$6.72M |
|
|
DOCU
1030
DocuSign
DOCU
$11.6B
| $12.6M | 0.02% |
73,351
+48,276
| +193% | +$6.08M |
|
1031
IBM
IBM
$219B
| $12.6M | 0.02% |
109,100
+97,611
| +850% | +$11.3M |
|
1032
Dow Inc
DOW
$22.2B
| $12.6M | 0.02% |
309,017
+302,074
| +4,351% | +$11.1M |
|
|
WBA
1033
DELISTED
Walgreens Boots Alliance
WBA
| $12.5M | 0.02% |
295,618
-512,735
| -63% | -$21.8M |
|
|
SAGE
1034
DELISTED
Sage Therapeutics
SAGE
| $12.5M | 0.02% |
301,216
-346,254
| -53% | -$12.6M |
|
1035
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.11B
| $12.5M | 0.02% |
438,189
+118,076
| +37% | +$3.23M |
|
1036
Harley-Davidson
HOG
$2.89B
| $12.5M | 0.02% |
524,000
+60,436
| +13% | +$1.31M |
|
|
OXFD
1037
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $12.4M | 0.02% |
952,339
+250,980
| +36% | +$3.01M |
|
|
BAND
1038
Bandwidth Inc
BAND
$1.46B
| $12.3M | 0.02% |
97,207
+75,079
| +339% | +$7.58M |
|
1039
Boeing
BA
$167B
| $12.3M | 0.02% |
67,332
+26,462
| +65% | +$4.07M |
|
1040
Ares Capital
ARCC
$14.3B
| $12.3M | 0.02% |
853,739
+610,675
| +251% | +$8.24M |
|
|
LOGM
1041
DELISTED
LogMein, Inc.
LOGM
| $12.3M | 0.02% |
145,455
+130,683
| +885% | +$11.1M |
|
|
PTLA
1042
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $12.3M | 0.02% |
683,381
+281,268
| +70% | +$3.91M |
|
1043
Royal Caribbean
RCL
$78.1B
| $12.3M | 0.02% |
244,374
+135,458
| +124% | +$6.13M |
|
|
SWTX
1044
DELISTED
SpringWorks Therapeutics
SWTX
| $12.3M | 0.02% |
292,008
+231,248
| +381% | +$8.23M |
|
1045
Puma Biotechnology
PBYI
$481M
| $12.2M | 0.02% |
1,172,180
-775,645
| -40% | -$8.03M |
|
1046
JetBlue
JBLU
$1.89B
| $12.2M | 0.02% |
1,120,449
+866,184
| +341% | +$8.53M |
|
1047
J.M. Smucker
SJM
$13.3B
| $12.2M | 0.02% |
115,346
-69,579
| -38% | -$7.82M |
|
1048
uniQure
QURE
$3.49B
| $12.2M | 0.02% |
+270,726
| New | +$16M |
|
1049
Textron
TXT
$14.2B
| $12.2M | 0.02% |
+369,679
| New | +$10.9M |
|
|
CNCE
1050
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $12.1M | 0.02% |
1,219,738
+108,798
| +10% | +$1.04M |
|
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.