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 | Miscellaneous | 38.21% |
| 2 | Healthcare | 10.45% |
| 3 | Technology | 8.65% |
| 4 | Financials | 8.6% |
| 5 | Consumer Discretionary | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1251
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$131M
| $11.5M | 0.01% |
11,859
-7,357
| -38% | -$8.9M |
|
1252
PUT
HF Sinclair
DINO
$17.2B
| $11.5M | 0.01% |
+225,900
| New | +$12M |
|
1253
Conduent
CNDT
$271M
| $11.4M | 0.01% |
1,844,691
+1,296,292
| +236% | +$8.11M |
|
1254
PUT
JD.com
JD
$38.5B
| $11.4M | 0.01% |
324,500
-512,800
| -61% | -$16.5M |
|
1255
Patterson-UTI
PTEN
$4.68B
| $11.4M | 0.01% |
1,088,363
-1,621,471
| -60% | -$14.7M |
|
|
GOOS
1256
Canada Goose Holdings
GOOS
$791M
| $11.4M | 0.01% |
315,228
+299,484
| +1,902% | +$11.6M |
|
1257
LivePerson
LPSN
$34.4M
| $11.4M | 0.01% |
20,545
+7,403
| +56% | +$4.25M |
|
1258
Lattice Semiconductor
LSCC
$17.1B
| $11.4M | 0.01% |
595,639
+478,839
| +410% | +$9.19M |
|
1259
ProPetro Holding
PUMP
$1.37B
| $11.4M | 0.01% |
1,012,841
-356,038
| -26% | -$3.18M |
|
|
CERN
1260
CALL
DELISTED
Cerner Corp
CERN
| $11.4M | 0.01% |
155,000
+83,900
| +118% | +$5.8M |
|
1261
Digital Realty Trust
DLR
$71.3B
| $11.4M | 0.01% |
+94,844
| New | +$11.7M |
|
|
BRFS
1262
DELISTED
BRF SA
BRFS
| $11.3M | 0.01% |
1,303,517
+930,185
| +249% | +$8.02M |
|
|
GCP
1263
DELISTED
GCP Applied Technologies Inc.
GCP
| $11.3M | 0.01% |
499,357
+247,870
| +99% | +$5.34M |
|
1264
RPM International
RPM
$13.5B
| $11.3M | 0.01% |
147,677
-582,983
| -80% | -$42.3M |
|
|
MPT
1265
Medical Properties Trust
MPT
$2.41B
| $11.3M | 0.01% |
+536,840
| New | +$10.9M |
|
1266
NetApp
NTAP
$37.4B
| $11.3M | 0.01% |
181,975
-418,736
| -70% | -$24.4M |
|
|
BDN
1267
Brandywine Realty Trust
BDN
$534M
| $11.3M | 0.01% |
719,188
-594,829
| -45% | -$8.99M |
|
1268
Terreno Realty
TRNO
$7.31B
| $11.3M | 0.01% |
209,219
-154,276
| -42% | -$8.43M |
|
1269
Hercules Capital
HTGC
$3.28B
| $11.3M | 0.01% |
804,712
+299,971
| +59% | +$4.17M |
|
|
ALE
1270
DELISTED
Allete
ALE
| $11.3M | 0.01% |
138,950
-79,855
| -36% | -$6.61M |
|
1271
PNC Financial Services
PNC
$97.1B
| $11.3M | 0.01% |
70,615
+28,660
| +68% | +$4.3M |
|
1272
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $11.3M | 0.01% |
210,000
| – | – |
|
1273
Advance Auto Parts
AAP
$2.63B
| $11.2M | 0.01% |
+70,236
| New | +$11.3M |
|
1274
Etsy
ETSY
$7.61B
| $11.2M | 0.01% |
253,883
+150,078
| +145% | +$7.15M |
|
1275
TIM SA
TIMB
$8.44B
| $11.2M | 0.01% |
588,444
+249,636
| +74% | +$3.93M |
|
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 $4.28B 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 Miscellaneous at 38% of assets, up from 28% a quarter earlier, followed by Healthcare and Technology.
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.