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 | |
|---|---|---|---|---|---|---|
1401
State Street SPDR S&P Retail ETF
XRT
$325M
| $8.04K | 0.01% |
+161,800
| New | +$7.93M |
|
1402
CALL
Johnson Controls International
JCI
$86.6B
| $8.03K | 0.01% |
196,500
-64,700
| -25% | -$2.53M |
|
1403
DTE Energy
DTE
$28.3B
| $8.01K | 0.01% |
81,766
-120,033
| -59% | -$11.7M |
|
1404
Illumina
ILMN
$33.8B
| $8K | 0.01% |
26,607
+16,224
| +156% | +$5.59M |
|
|
BCEL
1405
DELISTED
Atreca, Inc. Class A Common Stock
BCEL
| $7.99K | 0.01% |
571,633
+478,176
| +512% | +$7.13M |
|
|
SBG.U
1406
DELISTED
Sandbridge Acquisition Corporation Units, each consisting of one share of Class A Common Stock and o
SBG.U
| $7.99K | 0.01% |
+800,000
| New | +$8.01M |
|
|
PARA
1407
DELISTED
Paramount Global Class B
PARA
| $7.98K | 0.01% |
285,051
+41,824
| +17% | +$1.12M |
|
1408
Seres Therapeutics
MCRB
$49M
| $7.98K | 0.01% |
14,094
-4,419
| -24% | -$1.47M |
|
|
SBNY
1409
DELISTED
Signature Bank
SBNY
| $7.98K | 0.01% |
96,132
+56,948
| +145% | +$5.67M |
|
1410
Element Solutions
ESI
$8.54B
| $7.97K | 0.01% |
758,812
-1,316,128
| -63% | -$14.4M |
|
1411
CryoPort
CYRX
$856M
| $7.96K | 0.01% |
167,918
-310,842
| -65% | -$12.6M |
|
1412
Banco Bradesco
BBD
$34.3B
| $7.96K | 0.01% |
2,806,493
-917,748
| -25% | -$3.01M |
|
1413
AvePoint
AVPT
$2.78B
| $7.95K | 0.01% |
750,000
| – | – |
|
1414
CALL
Marvell Technology
MRVL
$220B
| $7.94K | 0.01% |
200,000
+165,300
| +476% | +$6.08M |
|
1415
CALL
Starbucks
SBUX
$122B
| $7.92K | 0.01% |
92,200
+19,900
| +28% | +$1.59M |
|
|
PRAH
1416
DELISTED
PRA Health Sciences, Inc.
PRAH
| $7.9K | 0.01% |
77,918
-105,293
| -57% | -$10.7M |
|
1417
Pinnacle West Capital
PNW
$11.8B
| $7.89K | 0.01% |
105,815
+71,285
| +206% | +$5.46M |
|
1418
Weyerhaeuser
WY
$17.5B
| $7.88K | 0.01% |
276,483
-108,378
| -28% | -$2.98M |
|
|
1419
PUT
Illumina
ILMN
$33.8B
| $7.88K | 0.01% |
26,214
-46,568
| -64% | -$16M |
|
1420
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $7.87K | 0.01% |
+58,912
| New | +$7.87M |
|
1421
CALL
McKesson
MCK
$103B
| $7.86K | 0.01% |
52,800
+50,000
| +1,786% | +$7.59M |
|
1422
Federal Signal
FSS
$7.31B
| $7.86K | 0.01% |
268,765
+113,601
| +73% | +$3.5M |
|
1423
Repay Holdings
RPAY
$317M
| $7.85K | 0.01% |
334,076
-119,396
| -26% | -$2.9M |
|
1424
PUT
Sarepta Therapeutics
SRPT
$1.96B
| $7.85K | 0.01% |
+55,900
| New | +$8.5M |
|
|
DISH
1425
CALL
DELISTED
DISH Network Corp.
DISH
| $7.84K | 0.01% |
270,000
| – | – |
|
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.