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 | |
|---|---|---|---|---|---|---|
1226
PUT
Truist Financial
TFC
$62.1B
| $9.9K | 0.01% |
260,100
+103,500
| +66% | +$3.9M |
|
|
ESPR
1227
DELISTED
Esperion Therapeutics
ESPR
| $9.89K | 0.01% |
266,133
-263,006
| -50% | -$10.4M |
|
1228
NRG Energy
NRG
$23.5B
| $9.89K | 0.01% |
321,668
-301,396
| -48% | -$9.96M |
|
1229
Cushman & Wakefield Ltd
CWK
$3.44B
| $9.88K | 0.01% |
940,229
+725,618
| +338% | +$8.16M |
|
1230
Aurinia Pharmaceuticals
AUPH
$2.2B
| $9.84K | 0.01% |
668,278
+524,387
| +364% | +$7.6M |
|
|
JKS
1231
JinkoSolar
JKS
$846M
| $9.84K | 0.01% |
247,498
+33,700
| +16% | +$772K |
|
1232
PUT
Duke Energy
DUK
$95.1B
| $9.8K | 0.01% |
110,700
-18,100
| -14% | -$1.49M |
|
1233
Expedia Group
EXPE
$40.7B
| $9.79K | 0.01% |
106,807
-555,750
| -84% | -$50M |
|
|
QNGY
1234
DELISTED
Quanergy Systems, Inc.
QNGY
| $9.79K | 0.01% |
49,814
+4,676
| +10% | +$922K |
|
1235
Toll Brothers
TOL
$13.8B
| $9.78K | 0.01% |
201,046
-976,060
| -83% | -$39.5M |
|
|
EA
1236
CALL
DELISTED
Electronic Arts
EA
| $9.78K | 0.01% |
+75,000
| New | +$10.2M |
|
1237
Hubbell
HUBB
$24.7B
| $9.77K | 0.01% |
71,420
-146,674
| -67% | -$20.2M |
|
1238
CALL
Humana
HUM
$46.4B
| $9.77K | 0.01% |
23,600
-22,400
| -49% | -$9.01M |
|
|
HCCOW
1239
CALL
DELISTED
Healthcare Merger Corp. Warrants
HCCOW
| $9.75K | 0.01% |
960,550
+585,550
| +156% | +$986K |
|
1240
TFI International
TFII
$11.2B
| $9.74K | 0.01% |
232,965
+82,363
| +55% | +$3.47M |
|
|
TALKW
1241
CALL
DELISTED
Talkspace Inc Warrant
TALKW
| $9.73K | 0.01% |
+990,000
| New | +$937K |
|
|
UTZ.WS
1242
CALL
DELISTED
Utz Brands, Inc. Warrants, each whole warrant exercisable for one Class A common stock at an exercis
UTZ.WS
| $9.72K | 0.01% |
+543,299
| New | +$3.33M |
|
1243
Blackstone Mortgage Trust
BXMT
$2.38B
| $9.71K | 0.01% |
441,993
+161,456
| +58% | +$3.78M |
|
1244
PUT
Royal Caribbean
RCL
$78.4B
| $9.71K | 0.01% |
150,000
-157,000
| -51% | -$9.24M |
|
1245
Teva Pharmaceuticals
TEVA
$43B
| $9.7K | 0.01% |
1,077,050
+960,583
| +825% | +$10.2M |
|
|
FIT
1246
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $9.7K | 0.01% |
1,393,367
+1,091,991
| +362% | +$7.09M |
|
|
TWTR
1247
PUT
DELISTED
Twitter, Inc.
TWTR
| $9.7K | 0.01% |
217,900
-224,600
| -51% | -$8.62M |
|
1248
Fortive
FTV
$18.3B
| $9.69K | 0.01% |
201,544
-161,474
| -44% | -$7.36M |
|
1249
WaFd
WAFD
$2.69B
| $9.69K | 0.01% |
464,304
+292,478
| +170% | +$6.89M |
|
1250
Dynatrace
DT
$14.2B
| $9.66K | 0.01% |
235,618
-104,075
| -31% | -$4.26M |
|
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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.