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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 38.21% |
| 2 | Healthcare | 10.45% |
| 3 | Technology | 8.65% |
| 4 | Financials | 8.6% |
| 5 | Consumer Discretionary | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1451
CALL
eBay
EBAY
$45.5B
| $8.93M | 0.01% |
+247,200
| New | +$8.96M |
|
1452
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $8.92M | 0.01% |
167,844
+146,255
| +677% | +$7.78M |
|
1453
Interactive Brokers
IBKR
$43.7B
| $8.92M | 0.01% |
765,204
-103,848
| -12% | -$1.22M |
|
|
ITCI
1454
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $8.92M | 0.01% |
259,854
-977,114
| -79% | -$11.7M |
|
1455
Ironwood Pharmaceuticals
IRWD
$701M
| $8.9M | 0.01% |
668,917
-362,381
| -35% | -$4M |
|
1456
iShares TIPS Bond ETF
TIP
$15.1B
| $8.89M | 0.01% |
76,306
+53,996
| +242% | +$6.28M |
|
|
PTR
1457
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $8.89M | 0.01% |
176,647
+35,180
| +25% | +$1.73M |
|
1458
CALL
Honeywell
HON
$69.9B
| $8.88M | 0.01% |
106,312
-1,592
| -1% | -$260K |
|
|
ABMD
1459
CALL
DELISTED
Abiomed Inc
ABMD
| $8.87M | 0.01% |
52,000
-62,100
| -54% | -$11.5M |
|
1460
CALL
Xerox
XRX
$390M
| $8.85M | 0.01% |
+240,000
| New | +$8.39M |
|
1461
PUT
United Rentals
URI
$64.6B
| $8.84M | 0.01% |
53,000
+5,500
| +12% | +$799K |
|
1462
TC Energy
TRP
$64.6B
| $8.83M | 0.01% |
165,614
-230,828
| -58% | -$11.8M |
|
1463
Huntington Ingalls Industries
HII
$11.7B
| $8.83M | 0.01% |
35,180
-57,065
| -62% | -$13.5M |
|
1464
Nice
NICE
$6.16B
| $8.82M | 0.01% |
56,843
-103,621
| -65% | -$15.8M |
|
1465
Antero Resources
AR
$11.8B
| $8.81M | 0.01% |
3,092,714
-2,792,488
| -47% | -$7.13M |
|
1466
CALL
United Therapeutics
UTHR
$22.6B
| $8.81M | 0.01% |
100,000
-50,000
| -33% | -$4.4M |
|
|
CYBR
1467
DELISTED
CyberArk
CYBR
| $8.81M | 0.01% |
75,539
-67,808
| -47% | -$7.61M |
|
|
MIME
1468
DELISTED
Mimecast Limited
MIME
| $8.81M | 0.01% |
202,987
-373,169
| -65% | -$15.5M |
|
|
NATI
1469
DELISTED
National Instruments Corp
NATI
| $8.8M | 0.01% |
207,877
+6,437
| +3% | +$269K |
|
|
SFIX
1470
Stitch Fix
SFIX
$412M
| $8.78M | 0.01% |
342,179
+324,653
| +1,852% | +$7.54M |
|
1471
PUT
ExxonMobil
XOM
$643B
| $8.76M | 0.01% |
125,600
+400
| +0.3% | +$27.7K |
|
|
EQC
1472
DELISTED
Equity Commonwealth
EQC
| $8.74M | 0.01% |
266,278
+36,463
| +16% | +$1.17M |
|
1473
CALL
Incyte
INCY
$25.9B
| $8.73M | 0.01% |
+100,000
| New | +$8.54M |
|
1474
Perdoceo Education
PRDO
$2.12B
| $8.72M | 0.01% |
474,299
-550,297
| -54% | -$8.95M |
|
1475
Walmart Inc
WMT
$817B
| $8.69M | 0.01% |
219,411
-861,075
| -80% | -$34.2M |
|
Similar funds
Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $4.28B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Miscellaneous at 38% of assets, up from 28% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.