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 | |
|---|---|---|---|---|---|---|
1301
PUT
Dollar General
DG
$27B
| $8.46M | 0.01% |
44,400
-120,600
| -73% | -$21.8M |
|
1302
PUT
ConocoPhillips
COP
$158B
| $8.45M | 0.01% |
201,000
-91,600
| -31% | -$3.7M |
|
|
CMA
1303
DELISTED
Comerica
CMA
| $8.42M | 0.01% |
221,072
-80,781
| -27% | -$2.82M |
|
1304
TotalEnergies
TTE
$197B
| $8.42M | 0.01% |
+218,978
| New | +$8.11M |
|
1305
PUT
Wynn Resorts
WYNN
$10.2B
| $8.39M | 0.01% |
112,600
+72,000
| +177% | +$5.77M |
|
1306
Wabtec
WAB
$50.2B
| $8.38M | 0.01% |
145,487
+41,029
| +39% | +$2.32M |
|
1307
Lennox International
LII
$13.4B
| $8.37M | 0.01% |
35,910
+32,707
| +1,021% | +$6.6M |
|
1308
ASE Group
ASX
$96.5B
| $8.36M | 0.01% |
1,842,146
+1,212,336
| +192% | +$5.17M |
|
1309
PUT
Medtronic
MDT
$117B
| $8.36M | 0.01% |
91,200
-244,900
| -73% | -$23.5M |
|
1310
Insmed
INSM
$27.1B
| $8.35M | 0.01% |
303,178
-127,113
| -30% | -$3.01M |
|
1311
Loews
L
$22.7B
| $8.33M | 0.01% |
242,934
+235,025
| +2,972% | +$7.92M |
|
1312
Bank OZK
OZK
$5.36B
| $8.32M | 0.01% |
354,664
+157,327
| +80% | +$3.37M |
|
1313
Encore Capital Group
ECPG
$2.17B
| $8.31M | 0.01% |
+243,220
| New | +$7.25M |
|
|
DNKN
1314
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $8.31M | 0.01% |
127,397
-313,667
| -71% | -$19.5M |
|
|
PLAN
1315
DELISTED
Anaplan, Inc.
PLAN
| $8.3M | 0.01% |
183,294
-132,968
| -42% | -$5.57M |
|
1316
Lattice Semiconductor
LSCC
$16.5B
| $8.3M | 0.01% |
292,211
+230,794
| +376% | +$5.39M |
|
1317
Mercury Systems
MRCY
$5.28B
| $8.3M | 0.01% |
+105,471
| New | +$8.63M |
|
1318
PUT
Biogen
BIIB
$32.6B
| $8.29M | 0.01% |
31,000
+12,900
| +71% | +$3.88M |
|
1319
iShares TIPS Bond ETF
TIP
$15.1B
| $8.26M | 0.01% |
+67,191
| New | +$8.17M |
|
1320
WSFS Financial
WSFS
$4.01B
| $8.26M | 0.01% |
287,806
+4,755
| +2% | +$126K |
|
|
DADA
1321
DELISTED
Dada Nexus
DADA
| $8.26M | 0.01% |
+370,302
| New | +$7.12M |
|
1322
Nasdaq
NDAQ
$55.2B
| $8.18M | 0.01% |
205,293
+169,980
| +481% | +$6.33M |
|
1323
Zymeworks
ZYME
$1.96B
| $8.17M | 0.01% |
226,472
+70,571
| +45% | +$2.6M |
|
|
GRUB
1324
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $8.17M | 0.01% |
58,105
-111,187
| -66% | -$11.8M |
|
|
NSCO.WS
1325
CALL
DELISTED
Nesco Holdings, Inc. Warrants, exerciseable for Common Stock
NSCO.WS
| $8.16M | 0.01% |
2,030,000
+30,000
| +2% | +$4.64K |
|
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.