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 | |
|---|---|---|---|---|---|---|
|
MTEM
1301
DELISTED
Molecular Templates, Inc.
MTEM
| $9.15K | 0.01% |
55,890
+19,362
| +53% | +$3.44M |
|
1302
Simply Good Foods
SMPL
$970M
| $9.15K | 0.01% |
414,893
-131,105
| -24% | -$3.05M |
|
1303
Gerdau
GGB
$8.5B
| $9.15K | 0.01% |
3,114,977
+2,574,245
| +476% | +$7.06M |
|
1304
CVR Energy
CVI
$3.82B
| $9.15K | 0.01% |
+738,794
| New | +$12.5M |
|
|
LGVW.U
1305
DELISTED
Longview Acquisition Corp. Units, each consisting of one share of Class A common stock, and one-thir
LGVW.U
| $9.13K | 0.01% |
900,000
-450,000
| -33% | -$4.59M |
|
|
ALBO
1306
DELISTED
Albireo Pharma Inc
ALBO
| $9.12K | 0.01% |
+273,266
| New | +$7.96M |
|
1307
PUT
Vertex Pharmaceuticals
VRTX
$139B
| $9.12K | 0.01% |
33,500
+6,100
| +22% | +$1.68M |
|
|
HDS
1308
DELISTED
HD Supply Holdings, Inc.
HDS
| $9.11K | 0.01% |
220,947
-213,024
| -49% | -$8.14M |
|
|
SNBR
1309
DELISTED
Sleep Number
SNBR
| $9.08K | 0.01% |
185,613
+166,105
| +851% | +$7.81M |
|
1310
CALL
Intuit
INTU
$101B
| $9.07K | 0.01% |
27,800
-13,000
| -32% | -$4.07M |
|
|
HBI
1311
DELISTED
Hanesbrands
HBI
| $9.07K | 0.01% |
575,698
-920,189
| -62% | -$13.5M |
|
|
HECCU
1312
DELISTED
Hudson Executive Investment Corp. Units
HECCU
| $9.06K | 0.01% |
867,431
-1,132,569
| -57% | -$11.6M |
|
1313
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $9.04K | 0.01% |
26,692
+20,627
| +340% | +$7.04M |
|
|
X
1314
PUT
DELISTED
US Steel
X
| $9.04K | 0.01% |
1,231,700
+1,149,200
| +1,393% | +$8.71M |
|
|
FEAC.U
1315
DELISTED
Flying Eagle Acquisition Corp. Units, each consisting of one share of Class A common stock and one-f
FEAC.U
| $9.04K | 0.01% |
700,000
-1,406,300
| -67% | -$17.4M |
|
1316
Burlington
BURL
$20.8B
| $9.02K | 0.01% |
43,743
-104,686
| -71% | -$20.4M |
|
1317
Rayonier
RYN
$6.31B
| $9K | 0.01% |
375,163
-117,110
| -24% | -$2.92M |
|
1318
Brighthouse Financial
BHF
$2.98B
| $9K | 0.01% |
334,342
-12,006
| -3% | -$349K |
|
1319
Ollie's Bargain Outlet
OLLI
$4.62B
| $8.99K | 0.01% |
102,953
-193,930
| -65% | -$19M |
|
|
CIT
1320
DELISTED
CIT Group Inc.
CIT
| $8.99K | 0.01% |
507,700
+60,412
| +14% | +$1.15M |
|
1321
Textron
TXT
$14.1B
| $8.99K | 0.01% |
248,991
-120,688
| -33% | -$4.38M |
|
|
DAY
1322
DELISTED
Dayforce
DAY
| $8.98K | 0.01% |
108,661
+99,133
| +1,040% | +$7.75M |
|
1323
Jones Lang LaSalle
JLL
$17.8B
| $8.97K | 0.01% |
93,802
-63,661
| -40% | -$6.41M |
|
1324
Paycom
PAYC
$10.3B
| $8.95K | 0.01% |
28,737
-23,453
| -45% | -$6.85M |
|
1325
CALL
Dell
DELL
$280B
| $8.94K | 0.01% |
+260,633
| New | +$8.13M |
|
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.