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 | |
|---|---|---|---|---|---|---|
1126
International Paper
IP
$21.9B
| $13.2M | 0.02% |
+303,820
| New | +$12.7M |
|
1127
CALL
Zoetis
ZTS
$32.1B
| $13.2M | 0.02% |
+100,100
| New | +$12.4M |
|
|
TWTR
1128
CALL
DELISTED
Twitter, Inc.
TWTR
| $13.2M | 0.02% |
+412,900
| New | +$13.6M |
|
|
AVLR
1129
DELISTED
Avalara, Inc.
AVLR
| $13.2M | 0.02% |
180,618
+45,495
| +34% | +$3.3M |
|
1130
Yum China
YUMC
$16.2B
| $13.2M | 0.02% |
275,272
+83,386
| +43% | +$3.71M |
|
1131
PUT
Intercontinental Exchange
ICE
$91B
| $13.2M | 0.02% |
142,600
+124,800
| +701% | +$11.6M |
|
1132
Invesco QQQ Trust
QQQ
$485B
| $13.2M | 0.02% |
61,987
-216,856
| -78% | -$43.4M |
|
1133
Patrick Industries
PATK
$2.67B
| $13.2M | 0.02% |
376,769
+167,396
| +80% | +$5.44M |
|
1134
PUT
Eli Lilly
LLY
$1.08T
| $13.1M | 0.02% |
100,000
+95,600
| +2,173% | +$11.1M |
|
|
GOL
1135
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $13.1M | 0.02% |
727,361
-539,648
| -43% | -$9.18M |
|
|
CXP
1136
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $13.1M | 0.02% |
628,417
+85,040
| +16% | +$1.74M |
|
|
FIT
1137
PUT
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $13.1M | 0.02% |
2,000,000
+1,793,200
| +867% | +$10.5M |
|
1138
Medifast
MED
$136M
| $13.1M | 0.02% |
119,582
+96,983
| +429% | +$9.39M |
|
1139
Frontdoor
FTDR
$5.71B
| $13.1M | 0.02% |
276,312
-170,031
| -38% | -$7.96M |
|
|
TIF
1140
CALL
DELISTED
Tiffany & Co.
TIF
| $13.1M | 0.02% |
+98,000
| New | +$11.6M |
|
1141
Pacific Biosciences
PACB
$466M
| $13.1M | 0.02% |
2,540,590
+651,690
| +35% | +$3.31M |
|
|
MRSH
1142
Marsh
MRSH
$92.7B
| $13.1M | 0.02% |
117,194
-16,745
| -13% | -$1.75M |
|
1143
Edgewell Personal Care
EPC
$1.33B
| $13.1M | 0.02% |
421,515
+386,174
| +1,093% | +$12.5M |
|
1144
CALL
Charter Communications
CHTR
$18.3B
| $13M | 0.02% |
26,900
-32,800
| -55% | -$15.1M |
|
1145
Philips
PHG
$26.4B
| $13M | 0.02% |
335,316
+182,226
| +119% | +$6.59M |
|
|
PMT
1146
PennyMac Mortgage Investment
PMT
$808M
| $13M | 0.02% |
583,301
-613
| -0.1% | -$13.9K |
|
1147
CALL
Walt Disney
DIS
$190B
| $13M | 0.02% |
89,800
-14,500
| -14% | -$2.02M |
|
1148
PUT
Carnival Corporation Ltd
CCL
$35.3B
| $13M | 0.02% |
+255,500
| New | +$11.4M |
|
1149
Pacira BioSciences
PCRX
$1.04B
| $13M | 0.02% |
286,680
-352,459
| -55% | -$15M |
|
1150
Ares Management
ARES
$32.4B
| $13M | 0.02% |
363,759
-482,633
| -57% | -$15M |
|
Similar funds
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.