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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.91% |
| 2 | Technology | 7.43% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 5.69% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RSX
1376
DELISTED
VanEck Russia ETF
RSX
| $4.53M | 0.01% |
271,334
+167,068
| +160% | +$3.73M |
|
|
VG
1377
DELISTED
Vonage Holdings Corporation
VG
| $4.52M | 0.01% |
625,182
-3,743,338
| -86% | -$30.5M |
|
1378
TIM SA
TIMB
$8.64B
| $4.51M | 0.01% |
371,078
-217,366
| -37% | -$3.87M |
|
|
S
1379
DELISTED
Sprint Corporation
S
| $4.51M | 0.01% |
523,302
-2,560,172
| -83% | -$18M |
|
1380
Cloudflare
NET
$99.8B
| $4.51M | 0.01% |
192,000
+174,042
| +969% | +$3.39M |
|
|
WIRE
1381
DELISTED
Encore Wire Corp
WIRE
| $4.51M | 0.01% |
107,360
+7,728
| +8% | +$399K |
|
1382
Vertiv
VRT
$98.2B
| $4.5M | 0.01% |
520,050
+254,377
| +96% | +$2.81M |
|
|
GDYNW
1383
CALL
DELISTED
Grid Dynamics Holdings, Inc. Warrant
GDYNW
| $4.5M | 0.01% |
+562,133
| New | +$944K |
|
1384
Carriage Services
CSV
$549M
| $4.48M | 0.01% |
277,547
+62,422
| +29% | +$1.35M |
|
|
IRBT
1385
DELISTED
iRobot
IRBT
| $4.48M | 0.01% |
+109,592
| New | +$5.26M |
|
1386
Evercore
EVR
$11.2B
| $4.47M | 0.01% |
97,128
-829,207
| -90% | -$55.5M |
|
1387
Camping World
CWH
$663M
| $4.47M | 0.01% |
784,894
-714,221
| -48% | -$8.97M |
|
|
XLNX
1388
PUT
DELISTED
Xilinx Inc
XLNX
| $4.47M | 0.01% |
57,300
-66,000
| -54% | -$5.75M |
|
1389
Fortune Brands Innovations
FBIN
$5.37B
| $4.46M | 0.01% |
+120,594
| New | +$6.37M |
|
1390
IPG Photonics
IPGP
$3.01B
| $4.44M | 0.01% |
40,292
-13,544
| -25% | -$1.77M |
|
1391
PUT
Verisk Analytics
VRSK
$24.7B
| $4.43M | 0.01% |
+31,800
| New | +$4.98M |
|
|
KDMN
1392
DELISTED
Kadmon Holdings, Inc.
KDMN
| $4.43M | 0.01% |
1,057,830
-4,346,210
| -80% | -$18.7M |
|
1393
Datadog
DDOG
$81.1B
| $4.42M | 0.01% |
122,721
+67,993
| +124% | +$2.8M |
|
1394
Fortuna Silver Mines
FSM
$3.61B
| $4.41M | 0.01% |
1,908,186
+661,060
| +53% | +$2.24M |
|
1395
Amphenol
APH
$192B
| $4.41M | 0.01% |
241,760
-1,385,228
| -85% | -$33M |
|
|
BZUN
1396
Baozun
BZUN
$164M
| $4.41M | 0.01% |
157,663
-15,171
| -9% | -$478K |
|
1397
Hackett Group
HCKT
$276M
| $4.4M | 0.01% |
345,624
+41,892
| +14% | +$629K |
|
1398
First American
FAF
$7.38B
| $4.39M | 0.01% |
103,614
-212,486
| -67% | -$12.1M |
|
|
GWPH
1399
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $4.39M | 0.01% |
50,165
-146,824
| -75% | -$15.5M |
|
1400
Ameriprise Financial
AMP
$49.6B
| $4.39M | 0.01% |
42,852
+3,691
| +9% | +$547K |
|
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Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.