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 | |
|---|---|---|---|---|---|---|
1251
CALL
Advanced Micro Devices
AMD
$746B
| $9.66K | 0.01% |
117,800
-10,200
| -8% | -$757K |
|
|
BROG
1252
DELISTED
Brooge Energy
BROG
| $9.66K | 0.01% |
1,067,194
-16,164
| -1% | -$153K |
|
|
TMHC
1253
DELISTED
Taylor Morrison
TMHC
| $9.66K | 0.01% |
392,727
-193,496
| -33% | -$4.57M |
|
1254
Cinemark Holdings
CNK
$4.45B
| $9.64K | 0.01% |
964,269
+752,525
| +355% | +$9.38M |
|
1255
Quanterix
QTRX
$132M
| $9.6K | 0.01% |
284,533
-606,732
| -68% | -$19.5M |
|
|
TLMD
1256
DELISTED
SOC Telemed, Inc. Class A Common Stock
TLMD
| $9.6K | 0.01% |
945,735
+195,735
| +26% | +$2.02M |
|
|
JWS.WS
1257
CALL
DELISTED
Jaws Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary
JWS.WS
| $9.6K | 0.01% |
+921,994
| New | +$1.98M |
|
1258
Stratasys
SSYS
$670M
| $9.59K | 0.01% |
768,866
-366,421
| -32% | -$5.35M |
|
|
CLOVW
1259
CALL
DELISTED
Clover Health Investments, Corp. Warrants
CLOVW
| $9.58K | 0.01% |
768,800
+95,109
| +14% | +$298K |
|
|
AGEN
1260
Agenus
AGEN
$345M
| $9.57K | 0.01% |
121,964
+2,784
| +2% | +$217K |
|
|
IMMU
1261
CALL
DELISTED
Immunomedics Inc
IMMU
| $9.57K | 0.01% |
112,600
+32,600
| +41% | +$1.65M |
|
1262
CALL
Philip Morris
PM
$298B
| $9.55K | 0.01% |
127,400
-60,600
| -32% | -$4.68M |
|
1263
Virtus Investment Partners
VRTS
$1.13B
| $9.55K | 0.01% |
+68,905
| New | +$9.32M |
|
1264
Perrigo
PRGO
$1.98B
| $9.55K | 0.01% |
208,056
-122,672
| -37% | -$6.42M |
|
1265
Automatic Data Processing
ADP
$112B
| $9.54K | 0.01% |
68,422
-47,260
| -41% | -$6.62M |
|
1266
PUT
Zoom
ZM
$30.7B
| $9.54K | 0.01% |
+20,300
| New | +$6.49M |
|
1267
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.79B
| $9.54K | 0.01% |
745,800
-647,100
| -46% | -$32.5M |
|
1268
PennyMac Financial
PFSI
$3.91B
| $9.53K | 0.01% |
+164,000
| New | +$8.13M |
|
1269
Palantir
PLTR
$423B
| $9.53K | 0.01% |
+1,003,181
| New | +$9.53M |
|
1270
iShares 20+ Year Treasury Bond ETF
TLT
$46.6B
| $9.52K | 0.01% |
58,310
+2,876
| +5% | +$477K |
|
1271
General Mills
GIS
$21.9B
| $9.51K | 0.01% |
154,240
-336,365
| -69% | -$21M |
|
1272
ArcelorMittal
MT
$54.8B
| $9.51K | 0.01% |
717,883
+193,431
| +37% | +$2.33M |
|
1273
Evolent Health
EVH
$534M
| $9.51K | 0.01% |
766,293
+572,434
| +295% | +$6.73M |
|
1274
PUT
Chewy
CHWY
$10B
| $9.48K | 0.01% |
172,900
-125,000
| -42% | -$6.74M |
|
|
HOLX
1275
PUT
DELISTED
Hologic
HOLX
| $9.46K | 0.01% |
142,300
-127,700
| -47% | -$8.08M |
|
Similar funds
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.