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 | |
|---|---|---|---|---|---|---|
|
AVPTW
1401
CALL
DELISTED
AvePoint Inc Warrant
AVPTW
| $4.39M | 0.01% |
+449,900
| New | +$522K |
|
1402
Arvinas
ARVN
$611M
| $4.39M | 0.01% |
108,825
-141,791
| -57% | -$6.63M |
|
1403
Intuitive Surgical
ISRG
$132B
| $4.38M | 0.01% |
26,523
-45,246
| -63% | -$8.29M |
|
|
ACRE
1404
Ares Commercial Real Estate
ACRE
$262M
| $4.38M | 0.01% |
625,926
+374,998
| +149% | +$5.31M |
|
1405
Zebra Technologies
ZBRA
$17.2B
| $4.36M | 0.01% |
23,719
-159,490
| -87% | -$35.8M |
|
1406
Provident Financial Services
PFS
$3.07B
| $4.35M | 0.01% |
338,342
-255,886
| -43% | -$5.2M |
|
1407
Etsy
ETSY
$7.99B
| $4.35M | 0.01% |
113,162
-140,721
| -55% | -$6.87M |
|
1408
Flowserve
FLS
$10.2B
| $4.35M | 0.01% |
182,020
-203,059
| -53% | -$8.2M |
|
1409
Methanex
MEOH
$4.57B
| $4.35M | 0.01% |
357,114
-748,040
| -68% | -$21.5M |
|
1410
CALL
Domino's
DPZ
$11.5B
| $4.34M | 0.01% |
13,400
+12,400
| +1,240% | +$3.83M |
|
|
GMHIU
1411
DELISTED
Gores Metropoulos, Inc. Unit
GMHIU
| $4.34M | 0.01% |
420,000
-1,500,000
| -78% | -$16.7M |
|
|
PAEWW
1412
CALL
DELISTED
PAE Incorporated Warrants
PAEWW
| $4.34M | 0.01% |
+668,466
| New | +$1.41M |
|
|
JHG
1413
DELISTED
Janus Henderson
JHG
| $4.33M | 0.01% |
282,946
-401,503
| -59% | -$8.83M |
|
1414
Spectrum Brands
SPB
$2.03B
| $4.33M | 0.01% |
118,969
-658,953
| -85% | -$35.6M |
|
|
LMNX
1415
DELISTED
Luminex Corp
LMNX
| $4.32M | 0.01% |
156,854
-453,533
| -74% | -$11.1M |
|
1416
Landstar System
LSTR
$6.11B
| $4.32M | 0.01% |
45,037
+8,154
| +22% | +$868K |
|
|
TRHC
1417
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $4.3M | 0.01% |
82,329
+44,517
| +118% | +$2.41M |
|
1418
ExxonMobil
XOM
$675B
| $4.3M | 0.01% |
113,354
-281,778
| -71% | -$15.6M |
|
1419
Evertec
EVTC
$1.77B
| $4.3M | 0.01% |
189,260
-108,683
| -36% | -$3.33M |
|
|
GNFT
1420
DELISTED
Genfit
GNFT
| $4.3M | 0.01% |
298,331
+232,640
| +354% | +$3.96M |
|
1421
Houlihan Lokey
HLI
$9.01B
| $4.3M | 0.01% |
+82,418
| New | +$4.27M |
|
|
SGI
1422
Somnigroup International
SGI
$13.5B
| $4.29M | 0.01% |
392,608
-32,868
| -8% | -$624K |
|
|
THBRU
1423
DELISTED
Thunder Bridge Acquisition II, Ltd. Units
THBRU
| $4.28M | 0.01% |
420,000
-1,250,000
| -75% | -$13.1M |
|
1424
Truist Financial
TFC
$62.1B
| $4.28M | 0.01% |
138,613
-481,893
| -78% | -$22.8M |
|
1425
PUT
HCA Healthcare
HCA
$92.9B
| $4.27M | 0.01% |
47,500
+3,800
| +9% | +$492K |
|
Similar funds
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.