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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.91% |
| 2 | Technology | 7.43% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 5.69% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
United Bankshares
UBSI
$6.51B
| $6.21M | 0.01% |
269,075
-232,080
| -46% | -$7.29M |
|
1152
Cartesian Therapeutics
RNAC
$304M
| $6.21M | 0.01% |
85,835
+39,392
| +85% | +$3.8M |
|
1153
ManpowerGroup
MAN
$2.86B
| $6.2M | 0.01% |
117,032
+96,266
| +464% | +$8.02M |
|
1154
PUT
Kroger
KR
$36.2B
| $6.19M | 0.01% |
205,500
+134,300
| +189% | +$3.94M |
|
1155
Four Corners Property Trust
FCPT
$2.8B
| $6.19M | 0.01% |
330,777
-183,564
| -36% | -$4.96M |
|
1156
Hancock Whitney
HWC
$6.01B
| $6.16M | 0.01% |
315,383
+202,193
| +179% | +$6.98M |
|
|
ONC
1157
CALL
BeOne Medicines Ltd
ONC
$42.1B
| $6.16M | 0.01% |
+50,000
| New | +$7.82M |
|
|
THBRW
1158
CALL
DELISTED
Thunder Bridge Acquisition II, Ltd. Warrants
THBRW
| $6.16M | 0.01% |
+625,000
| New | +$705K |
|
1159
SPX Corp
SPXC
$10.1B
| $6.13M | 0.01% |
187,742
+61,305
| +48% | +$2.76M |
|
1160
The Greenbrier Companies
GBX
$1.43B
| $6.11M | 0.01% |
+344,670
| New | +$8.18M |
|
1161
Urban Outfitters
URBN
$6.51B
| $6.11M | 0.01% |
429,096
-561,207
| -57% | -$13M |
|
|
BBBY
1162
DELISTED
Bed Bath & Beyond Inc
BBBY
| $6.11M | 0.01% |
1,450,709
+1,353,194
| +1,388% | +$15.8M |
|
1163
Boeing
BA
$166B
| $6.09M | 0.01% |
40,870
-134,801
| -77% | -$36.9M |
|
|
BRSL
1164
Brightstar Lottery PLC
BRSL
$2.16B
| $6.09M | 0.01% |
1,023,301
+726,839
| +245% | +$8.28M |
|
|
DOC
1165
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $6.09M | 0.01% |
436,621
-863,686
| -66% | -$15.9M |
|
1166
Lithia Motors
LAD
$8.1B
| $6.08M | 0.01% |
74,336
-20,831
| -22% | -$2.51M |
|
1167
Planet Fitness
PLNT
$4.07B
| $6.06M | 0.01% |
124,378
-247,944
| -67% | -$17.3M |
|
|
WWE
1168
CALL
DELISTED
World Wrestling Entertainment
WWE
| $6.05M | 0.01% |
+178,300
| New | +$8.64M |
|
|
AVLR
1169
DELISTED
Avalara, Inc.
AVLR
| $6.05M | 0.01% |
81,053
-99,565
| -55% | -$8.12M |
|
|
ATVI
1170
CALL
DELISTED
Activision Blizzard
ATVI
| $6.04M | 0.01% |
101,600
+53,100
| +109% | +$3.15M |
|
1171
Blackbaud
BLKB
$2.18B
| $6.04M | 0.01% |
108,642
+103,298
| +1,933% | +$7.31M |
|
|
COR
1172
DELISTED
Coresite Realty Corporation
COR
| $6.01M | 0.01% |
51,868
-121,117
| -70% | -$13.5M |
|
|
MPT
1173
Medical Properties Trust
MPT
$2.46B
| $6.01M | 0.01% |
347,677
-189,163
| -35% | -$3.96M |
|
1174
Spruce Power Holding Corp
SPRU
$37M
| $6.01M | 0.01% |
75,806
+72,999
| +2,601% | +$5.81M |
|
1175
Sempra
SRE
$55.3B
| $5.99M | 0.01% |
106,022
+33,106
| +45% | +$2.35M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.