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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
SSR Mining
SSRM
$8B
| $9.71M | 0.01% |
455,444
-1,256,332
| -73% | -$22.5M |
|
1202
Telus
TU
$15.5B
| $9.71M | 0.01% |
579,319
+529,435
| +1,061% | +$8.81M |
|
1203
Jacobs Solutions
J
$17.7B
| $9.71M | 0.01% |
138,452
+123,109
| +802% | +$8.3M |
|
1204
Deere & Co
DE
$170B
| $9.7M | 0.01% |
61,727
-125,233
| -67% | -$18.1M |
|
|
ALTG.WS
1205
CALL
DELISTED
Alta Equipment Group Warrants
ALTG.WS
| $9.68M | 0.01% |
1,245,200
+901,700
| +263% | +$886K |
|
1206
Brighthouse Financial
BHF
$2.98B
| $9.63M | 0.01% |
346,348
+123,988
| +56% | +$3.42M |
|
1207
PUT
Lockheed Martin
LMT
$128B
| $9.63M | 0.01% |
26,400
-88,700
| -77% | -$33.5M |
|
1208
RBC Bearings
RBC
$15.7B
| $9.62M | 0.01% |
71,782
-15,546
| -18% | -$1.98M |
|
1209
CALL
O'Reilly Automotive
ORLY
$73.1B
| $9.61M | 0.01% |
+342,000
| New | +$8.94M |
|
|
CERN
1210
DELISTED
Cerner Corp
CERN
| $9.59M | 0.01% |
139,830
-532,070
| -79% | -$36.6M |
|
1211
Sixth Street Specialty
TSLX
$1.81B
| $9.58M | 0.01% |
581,133
+280,694
| +93% | +$4.67M |
|
1212
CALL
Lam Research
LRCX
$394B
| $9.57M | 0.01% |
296,000
+97,000
| +49% | +$2.65M |
|
1213
Lindsay Corp
LNN
$1.16B
| $9.57M | 0.01% |
103,767
+92,151
| +793% | +$8.45M |
|
1214
Blackrock
BLK
$182B
| $9.55M | 0.01% |
17,559
+16,624
| +1,778% | +$8.39M |
|
1215
Comstock Resources
CRK
$4.16B
| $9.54M | 0.01% |
2,178,663
+2,042,113
| +1,496% | +$12.2M |
|
1216
Clorox
CLX
$12.7B
| $9.54M | 0.01% |
43,465
-255,428
| -85% | -$51M |
|
1217
PUT
JD.com
JD
$39.7B
| $9.53M | 0.01% |
158,400
-257,500
| -62% | -$13M |
|
1218
Sanmina
SANM
$10.2B
| $9.52M | 0.01% |
380,104
+344,769
| +976% | +$9.07M |
|
|
BLD
1219
DELISTED
TopBuild
BLD
| $9.51M | 0.01% |
+83,578
| New | +$8.35M |
|
1220
CALL
Automatic Data Processing
ADP
$112B
| $9.5M | 0.01% |
63,800
-3,100
| -5% | -$444K |
|
1221
Beam Therapeutics
BEAM
$3.21B
| $9.48M | 0.01% |
338,645
+125,540
| +59% | +$2.71M |
|
1222
Corcept Therapeutics
CORT
$13.4B
| $9.48M | 0.01% |
563,490
+212,153
| +60% | +$2.98M |
|
1223
Ingersoll Rand
IR
$30.5B
| $9.45M | 0.01% |
336,045
-1,124,327
| -77% | -$31.8M |
|
1224
PUT
Equinix
EQIX
$106B
| $9.41M | 0.01% |
+13,400
| New | +$9.06M |
|
|
TECX
1225
Tectonic Therapeutic
TECX
$737M
| $9.4M | 0.01% |
44,913
+6,113
| +16% | +$1.26M |
|
Similar funds
Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.