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 | |
|---|---|---|---|---|---|---|
|
FST.U
1426
DELISTED
FAST Acquisition Corp. Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant
FST.U
| $7.83K | 0.01% |
+785,744
| New | +$7.83M |
|
|
KSU
1427
PUT
DELISTED
Kansas City Southern
KSU
| $7.83K | 0.01% |
43,300
+10,000
| +30% | +$1.73M |
|
1428
Sixth Street Specialty
TSLX
$1.8B
| $7.83K | 0.01% |
454,677
-126,456
| -22% | -$2.17M |
|
1429
Silicon Laboratories
SLAB
$7.27B
| $7.82K | 0.01% |
79,908
+76,336
| +2,137% | +$7.68M |
|
1430
SolarEdge
SEDG
$1.9B
| $7.8K | 0.01% |
32,712
-7,571
| -19% | -$1.46M |
|
1431
Compass Minerals
CMP
$1.03B
| $7.75K | 0.01% |
130,565
+84,930
| +186% | +$4.68M |
|
1432
WesBanco
WSBC
$3.89B
| $7.74K | 0.01% |
362,373
-235,118
| -39% | -$5M |
|
1433
Asana
ASAN
$2.19B
| $7.72K | 0.01% |
+268,198
| New | +$7.72M |
|
1434
OR Royalties Inc
OR
$7.13B
| $7.72K | 0.01% |
652,640
-147
| -0% | -$1.71K |
|
1435
Travel + Leisure Co
TNL
$4.44B
| $7.7K | 0.01% |
250,245
-315,959
| -56% | -$9.43M |
|
1436
Under Armour Class C
UA
$2.17B
| $7.69K | 0.01% |
781,662
-2,259,994
| -74% | -$21.2M |
|
|
ZNGA
1437
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $7.66K | 0.01% |
839,334
-2,502,464
| -75% | -$23.3M |
|
|
MGLN
1438
DELISTED
Magellan Health Services, Inc.
MGLN
| $7.64K | 0.01% |
100,884
+17,712
| +21% | +$1.32M |
|
1439
BlackSky Technology
BKSY
$1.03B
| $7.64K | 0.01% |
93,750
| – | – |
|
|
DENN
1440
DELISTED
Denny's
DENN
| $7.64K | 0.01% |
764,111
+123,739
| +19% | +$1.24M |
|
1441
First Merchants
FRME
$2.61B
| $7.64K | 0.01% |
329,710
+208,520
| +172% | +$5.21M |
|
|
BLDP
1442
Ballard Power Systems
BLDP
$696M
| $7.63K | 0.01% |
505,231
+419,663
| +490% | +$6.76M |
|
|
SUMO
1443
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $7.63K | 0.01% |
+349,805
| New | +$8.26M |
|
|
FIIIU
1444
DELISTED
Forum Merger III Corporation Units
FIIIU
| $7.62K | 0.01% |
+730,005
| New | +$7.44M |
|
1445
CALL
United Rentals
URI
$67.3B
| $7.61K | 0.01% |
43,600
-2,000
| -4% | -$336K |
|
1446
Advanced Drainage Systems
WMS
$10.7B
| $7.61K | 0.01% |
121,827
-98,689
| -45% | -$5.34M |
|
1447
Workhorse Group
WKHS
$35.1M
| $7.6K | 0.01% |
100
+2
| +2% | +$114K |
|
|
PFNX
1448
DELISTED
Pfenex Inc.
PFNX
| $7.6K | 0.01% |
596,049
+566,965
| +1,949% | +$6M |
|
1449
CALL
Realty Income
O
$59.4B
| $7.59K | 0.01% |
+129,000
| New | +$7.63M |
|
1450
Otter Tail
OTTR
$3.86B
| $7.59K | 0.01% |
209,935
-20,415
| -9% | -$786K |
|
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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.