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 | |
|---|---|---|---|---|---|---|
1426
Mettler-Toledo International
MTD
$28B
| $4.27M | 0.01% |
6,178
+5,612
| +992% | +$4.19M |
|
|
CHX
1427
DELISTED
ChampionX
CHX
| $4.26M | 0.01% |
741,316
+735,259
| +12,139% | +$15.3M |
|
|
IMMU
1428
DELISTED
Immunomedics Inc
IMMU
| $4.26M | 0.01% |
316,129
-843,236
| -73% | -$14.2M |
|
|
COWN
1429
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.26M | 0.01% |
440,743
+142,930
| +48% | +$2.04M |
|
1430
Steven Madden
SHOO
$3.36B
| $4.25M | 0.01% |
182,858
+119,282
| +188% | +$4.13M |
|
1431
Affiliated Managers Group
AMG
$9.28B
| $4.25M | 0.01% |
71,800
-192,986
| -73% | -$14.5M |
|
|
MDRX
1432
DELISTED
Veradigm Inc. Common Stock
MDRX
| $4.24M | 0.01% |
602,830
-334,672
| -36% | -$2.72M |
|
1433
PUT
Marriott International
MAR
$93.9B
| $4.24M | 0.01% |
56,700
-28,500
| -33% | -$3.55M |
|
1434
Impinj
PI
$4.92B
| $4.23M | 0.01% |
253,070
-6,001
| -2% | -$162K |
|
1435
Teradata
TDC
$2.56B
| $4.22M | 0.01% |
206,213
+79,055
| +62% | +$1.82M |
|
|
LPRO
1436
DELISTED
Open Lending Corp
LPRO
| $4.21M | 0.01% |
414,913
+164,913
| +66% | +$1.74M |
|
|
AVYA
1437
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $4.21M | 0.01% |
520,004
-820,161
| -61% | -$9.74M |
|
|
RUTH
1438
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.2M | 0.01% |
629,127
+76,316
| +14% | +$1.32M |
|
1439
Cathay General Bancorp
CATY
$4.16B
| $4.19M | 0.01% |
182,648
+174,239
| +2,072% | +$5.58M |
|
1440
Advance Auto Parts
AAP
$2.63B
| $4.19M | 0.01% |
44,873
-25,363
| -36% | -$3.29M |
|
1441
Sixth Street Specialty
TSLX
$1.8B
| $4.18M | 0.01% |
300,439
+157,786
| +111% | +$3.19M |
|
1442
Corcept Therapeutics
CORT
$13.3B
| $4.18M | 0.01% |
351,337
-117,362
| -25% | -$1.45M |
|
1443
Cullen/Frost Bankers
CFR
$10.2B
| $4.17M | 0.01% |
+74,831
| New | +$6.1M |
|
1444
Stanley Black & Decker
SWK
$14.9B
| $4.17M | 0.01% |
41,734
-641,900
| -94% | -$91.7M |
|
|
TRST
1445
Trustco Bank Corp NY
TRST
$974M
| $4.16M | 0.01% |
153,810
+110,245
| +253% | +$4.01M |
|
1446
Genuine Parts
GPC
$18.7B
| $4.15M | 0.01% |
+61,623
| New | +$5.49M |
|
1447
Bankunited
BKU
$3.3B
| $4.14M | 0.01% |
221,283
-644,719
| -74% | -$19.3M |
|
1448
Signet Jewelers
SIG
$3.24B
| $4.13M | 0.01% |
640,138
+609,500
| +1,989% | +$12.5M |
|
1449
Enanta Pharmaceuticals
ENTA
$411M
| $4.12M | 0.01% |
80,183
+42,751
| +114% | +$2.28M |
|
1450
1st Source
SRCE
$2.07B
| $4.12M | 0.01% |
126,918
+21,403
| +20% | +$925K |
|
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.