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 | |
|---|---|---|---|---|---|---|
1351
Liberty Latin America Class C
LILAK
$1.67B
| $7.87M | 0.01% |
974,233
+594,285
| +156% | +$5.06M |
|
|
PINC
1352
DELISTED
Premier
PINC
| $7.87M | 0.01% |
229,576
-429,915
| -65% | -$14.1M |
|
1353
Tanger
SKT
$4.42B
| $7.82M | 0.01% |
1,096,158
-841,836
| -43% | -$5.57M |
|
|
JBTM
1354
JBT Marel
JBTM
$6.12B
| $7.82M | 0.01% |
90,857
+84,267
| +1,279% | +$6.54M |
|
|
RETA
1355
PUT
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $7.8M | 0.01% |
+50,000
| New | +$7.6M |
|
|
DISCK
1356
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $7.79M | 0.01% |
404,351
+379,891
| +1,553% | +$7.44M |
|
1357
Tronox
TROX
$880M
| $7.78M | 0.01% |
1,076,943
+728,228
| +209% | +$4.81M |
|
|
HOME
1358
DELISTED
At Home Group Inc.
HOME
| $7.76M | 0.01% |
1,196,507
-21,609
| -2% | -$88.4K |
|
|
PDM
1359
Piedmont Realty Trust
PDM
$1.24B
| $7.76M | 0.01% |
467,255
-395,505
| -46% | -$6.6M |
|
|
SEE
1360
DELISTED
Sealed Air
SEE
| $7.73M | 0.01% |
235,376
-450,171
| -66% | -$13.5M |
|
1361
PUT
Marriott International
MAR
$93.3B
| $7.72M | 0.01% |
90,000
+33,300
| +59% | +$2.89M |
|
1362
A.O. Smith
AOS
$8.45B
| $7.71M | 0.01% |
+163,569
| New | +$7.14M |
|
1363
Ligand Pharmaceuticals
LGND
$5.62B
| $7.7M | 0.01% |
110,334
-108,047
| -49% | -$6.85M |
|
1364
Everest Group
EG
$14.4B
| $7.7M | 0.01% |
+37,322
| New | +$7.27M |
|
|
CADE
1365
DELISTED
Cadence Bancorporation
CADE
| $7.7M | 0.01% |
868,641
+428,465
| +97% | +$3.06M |
|
1366
AvePoint
AVPT
$2.77B
| $7.68M | 0.01% |
750,000
-345,424
| -32% | -$3.42M |
|
1367
Thomson Reuters
TRI
$45.2B
| $7.66M | 0.01% |
106,964
-98,475
| -48% | -$7.12M |
|
1368
LG Display
LPL
$3.38B
| $7.66M | 0.01% |
1,585,096
+1,353,422
| +584% | +$6.17M |
|
1369
Abercrombie & Fitch
ANF
$4.84B
| $7.65M | 0.01% |
+719,404
| New | +$7.85M |
|
1370
Extreme Networks
EXTR
$2.95B
| $7.65M | 0.01% |
1,763,126
-1,368,973
| -44% | -$4.83M |
|
|
XLNX
1371
CALL
DELISTED
Xilinx Inc
XLNX
| $7.63M | 0.01% |
77,600
+64,100
| +475% | +$5.68M |
|
1372
Lincoln Electric
LECO
$15.3B
| $7.63M | 0.01% |
90,595
-71,660
| -44% | -$5.67M |
|
|
AZPN
1373
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $7.63M | 0.01% |
73,660
+61,629
| +512% | +$6.39M |
|
1374
Hims & Hers Health
HIMS
$7.41B
| $7.63M | 0.01% |
750,000
-52,794
| -7% | -$527K |
|
1375
ProPetro Holding
PUMP
$1.3B
| $7.63M | 0.01% |
1,483,815
+1,465,657
| +8,072% | +$6.76M |
|
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.