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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.18% |
| 2 | Consumer Discretionary | 6.93% |
| 3 | Technology | 6.31% |
| 4 | Industrials | 5.82% |
| 5 | Financials | 5.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RESI
1076
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $12.1K | 0.01% |
1,381,238
+165,224
| +14% | +$1.5M |
|
1077
Vertex Pharmaceuticals
VRTX
$139B
| $12.1K | 0.01% |
44,349
-106,592
| -71% | -$29.4M |
|
1078
Aflac
AFL
$59.3B
| $12.1K | 0.01% |
331,613
-1,662,962
| -83% | -$60.6M |
|
1079
Annaly Capital Management
NLY
$17.5B
| $12.1K | 0.01% |
423,122
-650,658
| -61% | -$18.8M |
|
1080
Credit Acceptance
CACC
$6.26B
| $12K | 0.01% |
35,527
+19,022
| +115% | +$8M |
|
1081
Dick's Sporting Goods
DKS
$16.1B
| $12K | 0.01% |
207,792
-736,011
| -78% | -$35.8M |
|
|
HMSY
1082
DELISTED
HMS Holdings Corp.
HMSY
| $12K | 0.01% |
501,473
+289,352
| +136% | +$8.51M |
|
|
GSAH.WS
1083
CALL
DELISTED
GS Acquisition Holdings Corp II Redeemable Warrants, each whole warrant exercisable for one share of
GSAH.WS
| $12K | 0.01% |
+1,115,000
| New | +$2.41M |
|
1084
Novartis
NVS
$300B
| $12K | 0.01% |
137,648
-730,454
| -84% | -$63.3M |
|
1085
Syndax Pharmaceuticals
SNDX
$1.75B
| $11.9K | 0.01% |
809,290
-52,758
| -6% | -$804K |
|
1086
Ralph Lauren
RL
$22.1B
| $11.9K | 0.01% |
175,291
-128,451
| -42% | -$9.15M |
|
1087
Radian Group
RDN
$4.86B
| $11.9K | 0.01% |
814,930
-177,215
| -18% | -$2.64M |
|
|
SOAC.U
1088
DELISTED
Sustainable Opportunities Acquisition Corp. Units, each consisting of one Class A ordinary share and
SOAC.U
| $11.9K | 0.01% |
1,075,000
-300,000
| -22% | -$3.17M |
|
1089
American States Water
AWR
$3.61B
| $11.8K | 0.01% |
158,016
-62,222
| -28% | -$4.78M |
|
1090
Hanover Insurance
THG
$7.92B
| $11.8K | 0.01% |
127,050
+96,147
| +311% | +$9.55M |
|
1091
Opendoor
OPEN
$3.33B
| $11.8K | 0.01% |
644,172
-182,493
| -22% | -$2.18M |
|
1092
PUT
Intuitive Surgical
ISRG
$132B
| $11.8K | 0.01% |
49,800
-23,700
| -32% | -$5.32M |
|
1093
CALL
DraftKings
DKNG
$12.9B
| $11.8K | 0.01% |
+200,000
| New | +$7.78M |
|
1094
PUT
Uber
UBER
$162B
| $11.8K | 0.01% |
322,100
-289,600
| -47% | -$9.56M |
|
1095
PUT
VanEck Gold Miners ETF
GDX
$32.2B
| $11.7K | 0.01% |
+300,000
| New | +$12.2M |
|
1096
Trimble
TRMB
$14.1B
| $11.7K | 0.01% |
241,199
+167,750
| +228% | +$8.01M |
|
|
UNIT
1097
Uniti Group
UNIT
$2.39B
| $11.7K | 0.01% |
1,114,532
+1,017,757
| +1,052% | +$9.86M |
|
1098
Plug Power
PLUG
$3.03B
| $11.7K | 0.01% |
873,141
-3,329,776
| -79% | -$36.7M |
|
1099
Prudential Financial
PRU
$42.3B
| $11.7K | 0.01% |
184,190
+149,593
| +432% | +$9.83M |
|
1100
PUT
Analog Devices
ADI
$181B
| $11.7K | 0.01% |
100,200
+38,900
| +63% | +$4.55M |
|
Similar funds
Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2M, down 100% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander deployed $869M of net new capital in Q3 2020, opening 989 new positions and adding to 1,503 existing holdings. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
By sector, the portfolio is most concentrated in Healthcare at 9.2% of assets, up from 9% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was JPMorgan Chase, an estimated $278M trimmed.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120K.
- Israel Englander added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Israel Englander's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Israel Englander fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Israel Englander's ten largest holdings make up 18% of its $81.2M portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value fell 100% quarter-over-quarter to $81.2M.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.