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 | |
|---|---|---|---|---|---|---|
1176
Bread Financial
BFH
$4.04B
| $5.99M | 0.01% |
+223,020
| New | +$15.2M |
|
1177
PUT
eHealth
EHTH
$39.4M
| $5.99M | 0.01% |
42,500
-47,500
| -53% | -$5.45M |
|
1178
Gildan
GIL
$10.2B
| $5.98M | 0.01% |
468,654
+329,448
| +237% | +$7.95M |
|
|
JOYY
1179
JOYY Inc
JOYY
$3.7B
| $5.98M | 0.01% |
112,236
+6,072
| +6% | +$352K |
|
|
WRI
1180
DELISTED
Weingarten Realty Investors
WRI
| $5.98M | 0.01% |
414,267
-797,568
| -66% | -$21M |
|
1181
iShares China Large-Cap ETF
FXI
$4.24B
| $5.97M | 0.01% |
158,994
-195,893
| -55% | -$7.97M |
|
|
AVNS
1182
DELISTED
Avanos Medical
AVNS
| $5.96M | 0.01% |
+221,458
| New | +$6.61M |
|
1183
GCM Grosvenor
GCMG
$834M
| $5.96M | 0.01% |
579,553
+459,977
| +385% | +$4.73M |
|
1184
Heron Therapeutics
HRTX
$61.3M
| $5.96M | 0.01% |
507,854
-199,690
| -28% | -$3.75M |
|
1185
CarGurus
CARG
$3.31B
| $5.95M | 0.01% |
314,376
+1,107
| +0.4% | +$31.7K |
|
|
THWWW
1186
CALL
DELISTED
Target Hospitality Corp. Warrant expiring 3/15/2024
THWWW
| $5.95M | 0.01% |
2,990,800
+2,001,600
| +202% | +$1.07M |
|
1187
SL Green Realty
SLG
$4.15B
| $5.95M | 0.01% |
142,581
-328,918
| -70% | -$25.6M |
|
1188
MongoDB
MDB
$32.4B
| $5.95M | 0.01% |
43,550
+1,306
| +3% | +$193K |
|
1189
Alamos Gold
AGI
$16B
| $5.93M | 0.01% |
1,185,714
-495,018
| -29% | -$2.91M |
|
1190
Aurinia Pharmaceuticals
AUPH
$2.2B
| $5.92M | 0.01% |
408,096
-1,536,998
| -79% | -$27.1M |
|
1191
CALL
Comcast
CMCSA
$95.9B
| $5.9M | 0.01% |
171,700
-379,000
| -69% | -$16M |
|
1192
Southwest Airlines
LUV
$19.9B
| $5.89M | 0.01% |
165,515
+19,659
| +13% | +$974K |
|
1193
CubeSmart
CUBE
$9.21B
| $5.89M | 0.01% |
219,894
+207,722
| +1,707% | +$6.24M |
|
1194
Greif
GEF
$4.89B
| $5.88M | 0.01% |
189,052
+177,868
| +1,590% | +$6.74M |
|
|
SWCH
1195
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $5.85M | 0.01% |
405,679
-451,322
| -53% | -$6.86M |
|
1196
Yelp
YELP
$1.29B
| $5.84M | 0.01% |
324,203
-207,521
| -39% | -$6.31M |
|
1197
InMode
INMD
$869M
| $5.84M | 0.01% |
543,628
+533,336
| +5,182% | +$9.43M |
|
1198
New Jersey Resources
NJR
$5.45B
| $5.84M | 0.01% |
172,028
+109,426
| +175% | +$4.27M |
|
1199
Freshpet
FRPT
$3.68B
| $5.82M | 0.01% |
91,097
+82,358
| +942% | +$5.29M |
|
1200
Qualys
QLYS
$6.17B
| $5.82M | 0.01% |
66,860
-250,662
| -79% | -$21M |
|
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.