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 | |
|---|---|---|---|---|---|---|
1051
Norwegian Cruise Line
NCLH
$8B
| $14.7M | 0.02% |
251,475
-139,106
| -36% | -$7.34M |
|
1052
Provident Financial Services
PFS
$3.05B
| $14.6M | 0.02% |
594,228
+110,546
| +23% | +$2.73M |
|
|
I
1053
DELISTED
INTELSAT S. A.
I
| $14.6M | 0.02% |
2,080,164
+1,862,959
| +858% | +$29.3M |
|
1054
HighPeak Energy
HPK
$967M
| $14.6M | 0.02% |
1,410,000
+910,000
| +182% | +$9.38M |
|
1055
Take-Two Interactive
TTWO
$44.9B
| $14.6M | 0.02% |
118,868
-186,799
| -61% | -$22.7M |
|
1056
Coty
COTY
$2.35B
| $14.5M | 0.02% |
1,292,779
+573,879
| +80% | +$6.53M |
|
|
1057
CALL
Wells Fargo
WFC
$255B
| $14.5M | 0.02% |
270,300
+40,500
| +18% | +$2.12M |
|
|
SNBR
1058
DELISTED
Sleep Number
SNBR
| $14.5M | 0.02% |
294,936
-104,362
| -26% | -$4.96M |
|
1059
Primerica
PRI
$9.2B
| $14.5M | 0.02% |
111,231
-57,671
| -34% | -$7.45M |
|
1060
CALL
Mastercard
MA
$525B
| $14.5M | 0.02% |
48,600
-17,600
| -27% | -$4.96M |
|
1061
Winnebago Industries
WGO
$893M
| $14.5M | 0.02% |
273,870
+252,320
| +1,171% | +$11.8M |
|
1062
Four Corners Property Trust
FCPT
$2.78B
| $14.5M | 0.02% |
514,341
+96,895
| +23% | +$2.71M |
|
1063
CALL
DuPont de Nemours
DD
$18.4B
| $14.4M | 0.02% |
+179,250
| New | +$14.9M |
|
1064
Martin Marietta Materials
MLM
$37.9B
| $14.4M | 0.02% |
51,602
-103,554
| -67% | -$27.6M |
|
1065
Vipshop
VIPS
$6.79B
| $14.4M | 0.02% |
1,012,892
+209,149
| +26% | +$2.48M |
|
1066
Dycom Industries
DY
$9.6B
| $14.3M | 0.02% |
304,255
+295,785
| +3,492% | +$14.4M |
|
1067
Curtiss-Wright
CW
$22.7B
| $14.3M | 0.02% |
101,798
-465
| -0.5% | -$63K |
|
|
DERM
1068
DELISTED
Dermira, Inc.
DERM
| $14.3M | 0.02% |
945,455
+536,326
| +131% | +$4.63M |
|
|
VMRK
1069
Vivmark Residential
VMRK
$26.8B
| $14.3M | 0.02% |
176,784
-11,811
| -6% | -$1.01M |
|
1070
PUT
Prudential Financial
PRU
$41.2B
| $14.2M | 0.02% |
152,000
+128,900
| +558% | +$11.8M |
|
1071
Flex
FLEX
$40.9B
| $14.2M | 0.02% |
1,497,895
-1,589,587
| -51% | -$13.7M |
|
1072
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $14.1M | 0.02% |
173,618
+31,820
| +22% | +$2.54M |
|
1073
Intuitive Surgical
ISRG
$131B
| $14.1M | 0.02% |
71,769
-151,881
| -68% | -$28.4M |
|
|
LMNX
1074
DELISTED
Luminex Corp
LMNX
| $14.1M | 0.02% |
610,387
+215,216
| +54% | +$4.44M |
|
1075
TSMC
TSM
$2.18T
| $14.1M | 0.02% |
243,133
-421,194
| -63% | -$22.3M |
|
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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.