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 | |
|---|---|---|---|---|---|---|
1101
CALL
Norfolk Southern
NSC
$79.3B
| $11.7K | 0.01% |
54,600
+2,400
| +5% | +$482K |
|
1102
PUT
Cleveland-Cliffs
CLF
$6.45B
| $11.7K | 0.01% |
+1,818,300
| New | +$10.9M |
|
1103
Crane NXT
CXT
$2.87B
| $11.7K | 0.01% |
669,940
-105,470
| -14% | -$2.08M |
|
1104
BioCryst Pharmaceuticals
BCRX
$2.47B
| $11.7K | 0.01% |
3,393,912
-3,171,629
| -48% | -$13.6M |
|
1105
STMicroelectronics
STM
$44B
| $11.6K | 0.01% |
+379,528
| New | +$11.2M |
|
1106
Cloudflare
NET
$99.8B
| $11.6K | 0.01% |
283,565
-291,924
| -51% | -$11.2M |
|
|
QELLU
1107
DELISTED
Qell Acquisition Corp. Unit
QELLU
| $11.6K | 0.01% |
+1,142,578
| New | +$11.6M |
|
|
DISH
1108
DELISTED
DISH Network Corp.
DISH
| $11.6K | 0.01% |
398,228
+116,501
| +41% | +$3.85M |
|
1109
Cincinnati Financial
CINF
$26.3B
| $11.5K | 0.01% |
147,873
-249,125
| -63% | -$19.3M |
|
1110
Cheesecake Factory
CAKE
$5.7B
| $11.5K | 0.01% |
+415,135
| New | +$10.9M |
|
|
GOAC
1111
DELISTED
GO Acquisition Corp. Class A Common Stock
GOAC
| $11.5K | 0.01% |
+1,170,000
| New | +$11.5M |
|
|
HES
1112
DELISTED
Hess
HES
| $11.5K | 0.01% |
280,129
+244,259
| +681% | +$11.6M |
|
|
MFA
1113
MFA Financial
MFA
$904M
| $11.5K | 0.01% |
1,068,894
+51,091
| +5% | +$550K |
|
|
ONEM
1114
DELISTED
1Life Healthcare
ONEM
| $11.4K | 0.01% |
402,984
+353,749
| +718% | +$11.2M |
|
1115
SPDR Gold Trust
GLD
$155B
| $11.4K | 0.01% |
64,517
-22,432
| -26% | -$4.03M |
|
1116
Installed Building Products
IBP
$6.51B
| $11.4K | 0.01% |
112,241
+69,858
| +165% | +$5.99M |
|
|
ETACU
1117
DELISTED
E.Merge Technology Acquisition Corp. Unit
ETACU
| $11.4K | 0.01% |
+1,130,500
| New | +$11.4M |
|
|
GDYNW
1118
CALL
DELISTED
Grid Dynamics Holdings, Inc. Warrant
GDYNW
| $11.4K | 0.01% |
1,470,534
+805,534
| +121% | +$1.29M |
|
|
LBRDK
1119
DELISTED
Liberty Broadband Class C
LBRDK
| $11.4K | 0.01% |
79,453
+26,098
| +49% | +$3.59M |
|
1120
Sabre
SABR
$912M
| $11.3K | 0.01% |
1,741,435
+1,587,893
| +1,034% | +$11.8M |
|
1121
Arbor Realty Trust
ABR
$979M
| $11.3K | 0.01% |
988,230
+676,433
| +217% | +$7.09M |
|
|
1122
Mastercard
MA
$525B
| $11.3K | 0.01% |
33,341
-644,801
| -95% | -$210M |
|
1123
Zymeworks
ZYME
$2.06B
| $11.2K | 0.01% |
240,938
+14,466
| +6% | +$497K |
|
1124
AstraZeneca
AZN
$259B
| $11.2K | 0.01% |
102,086
-30,960
| -23% | -$3.44M |
|
1125
CALL
Regeneron Pharmaceuticals
REGN
$85.3B
| $11.2K | 0.01% |
20,000
+5,000
| +33% | +$3.03M |
|
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.