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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.57% |
| 2 | Technology | 12.05% |
| 3 | Financials | 10.74% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Energy | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Dana Inc
DAN
$3.24B
| $12.2M | 0.02% |
688,008
+88,887
| +15% | +$1.58M |
|
1102
PUT
Ross Stores
ROST
$77.5B
| $12.1M | 0.02% |
130,100
+104,400
| +406% | +$9.58M |
|
1103
Empire State Realty Trust
ESRT
$819M
| $12.1M | 0.02% |
766,452
+106,586
| +16% | +$1.64M |
|
1104
Vanda Pharmaceuticals
VNDA
$322M
| $12.1M | 0.02% |
658,022
+72,158
| +12% | +$1.64M |
|
1105
SLB Ltd
SLB
$80.1B
| $12.1M | 0.02% |
277,609
+70,942
| +34% | +$3.07M |
|
1106
Brink's
BCO
$4.65B
| $12.1M | 0.02% |
160,086
-9,224
| -5% | -$685K |
|
1107
Adtran
ADTN
$628M
| $12.1M | 0.02% |
880,735
+527,865
| +150% | +$7.3M |
|
1108
Virtu Financial
VIRT
$5.85B
| $12M | 0.02% |
507,228
+384,554
| +313% | +$9.85M |
|
1109
PUT
Weyerhaeuser
WY
$17.6B
| $12M | 0.02% |
456,600
| – | – |
|
|
DPHCU
1110
DELISTED
DiamondPeak Holdings Corp. Units
DPHCU
| $12M | 0.02% |
+1,200,000
| New | +$12M |
|
1111
PUT
Expedia Group
EXPE
$40.7B
| $12M | 0.02% |
100,900
-107,100
| -51% | -$13M |
|
|
MASI
1112
DELISTED
Masimo
MASI
| $12M | 0.02% |
86,577
-367,596
| -81% | -$46.1M |
|
1113
NorthWestern Energy
NWE
$4.29B
| $11.9M | 0.02% |
169,675
+71,601
| +73% | +$4.7M |
|
1114
Belden
BDC
$4.56B
| $11.9M | 0.02% |
221,969
-159,433
| -42% | -$8.74M |
|
|
AAN.A
1115
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $11.9M | 0.02% |
226,512
+73,584
| +48% | +$3.87M |
|
1116
CALL
Exelixis
EXEL
$13.5B
| $11.9M | 0.02% |
+500,000
| New | +$11.4M |
|
1117
Installed Building Products
IBP
$6.51B
| $11.8M | 0.02% |
244,070
-8,118
| -3% | -$348K |
|
|
BRY
1118
DELISTED
Berry Corp
BRY
| $11.8M | 0.02% |
+1,021,832
| New | +$11.6M |
|
|
SINA
1119
DELISTED
Sina Corp
SINA
| $11.8M | 0.02% |
198,994
+153,888
| +341% | +$9.22M |
|
1120
Hain Celestial
HAIN
$75.8M
| $11.8M | 0.02% |
509,671
+456,411
| +857% | +$8.8M |
|
1121
Ares Capital
ARCC
$14.4B
| $11.8M | 0.02% |
686,378
-676,291
| -50% | -$11.3M |
|
1122
Ironwood Pharmaceuticals
IRWD
$682M
| $11.7M | 0.02% |
1,036,461
-602,997
| -37% | -$6.73M |
|
|
HOUS
1123
DELISTED
Anywhere Real Estate
HOUS
| $11.7M | 0.02% |
1,030,060
+148,123
| +17% | +$2.28M |
|
1124
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $11.7M | 0.02% |
423,000
-287,400
| -40% | -$7.75M |
|
1125
Owens Corning
OC
$11.6B
| $11.7M | 0.02% |
247,738
-809,278
| -77% | -$39.6M |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $6.14B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.