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 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
PUT
Citigroup
C
$221B
| $108M | 0.13% |
1,345,800
+1,153,000
| +598% | +$85.2M |
|
127
PUT
Salesforce
CRM
$171B
| $108M | 0.13% |
661,000
+342,700
| +108% | +$53.7M |
|
|
128
PUT
Home Depot
HD
$335B
| $107M | 0.13% |
490,800
+117,700
| +32% | +$26.7M |
|
129
Allstate
ALL
$65.5B
| $106M | 0.13% |
945,148
+90,339
| +11% | +$9.86M |
|
130
W.R. Berkley
WRB
$25.8B
| $105M | 0.13% |
3,433,961
+1,634,213
| +91% | +$50.4M |
|
131
Broadcom
AVGO
$1.72T
| $105M | 0.13% |
3,333,690
+1,723,530
| +107% | +$52.3M |
|
132
PUT
iShares MSCI Brazil ETF
EWZ
$8.1B
| $105M | 0.13% |
2,218,700
+418,800
| +23% | +$18.3M |
|
133
Jack in the Box
JACK
$345M
| $105M | 0.13% |
1,348,020
+105,339
| +8% | +$8.72M |
|
134
Edwards Lifesciences
EW
$52.1B
| $105M | 0.13% |
1,352,268
-1,077,963
| -44% | -$84.2M |
|
135
BP
BP
$113B
| $105M | 0.13% |
2,777,392
+363,166
| +15% | +$13.8M |
|
136
CME Group
CME
$99.8B
| $104M | 0.13% |
519,833
+209,534
| +68% | +$43M |
|
137
Applied Materials
AMAT
$383B
| $104M | 0.13% |
1,707,995
-1,241,186
| -42% | -$69.8M |
|
138
Portland General Electric
POR
$5.83B
| $104M | 0.13% |
1,865,302
+775,073
| +71% | +$43.3M |
|
139
Fortive
FTV
$18.2B
| $104M | 0.13% |
2,156,192
+1,216,824
| +130% | +$55M |
|
140
PUT
Tesla
TSLA
$1.4T
| $103M | 0.13% |
3,696,000
+2,439,000
| +194% | +$52.9M |
|
141
CALL
JPMorgan Chase
JPM
$946B
| $102M | 0.13% |
732,800
+39,200
| +6% | +$5.03M |
|
142
PUT
Costco
COST
$430B
| $102M | 0.13% |
346,700
+236,700
| +215% | +$70.3M |
|
|
CY
143
DELISTED
Cypress Semiconductor
CY
| $102M | 0.13% |
4,359,754
-12,971
| -0.3% | -$303K |
|
144
Intercontinental Exchange
ICE
$90.7B
| $102M | 0.13% |
1,098,639
+840,156
| +325% | +$78M |
|
145
General Motors
GM
$75.9B
| $101M | 0.13% |
2,767,548
+694,445
| +33% | +$25.2M |
|
|
PPLI
146
People Inc
PPLI
$2.89B
| $101M | 0.13% |
2,269,268
+828,764
| +58% | +$33.4M |
|
147
Qualcomm
QCOM
$166B
| $100M | 0.13% |
1,135,117
+663,245
| +141% | +$55.5M |
|
|
SNV
148
DELISTED
Synovus
SNV
| $99.8M | 0.12% |
2,544,703
+2,330,678
| +1,089% | +$85.6M |
|
149
Bio-Rad Laboratories Class A
BIO
$10B
| $99.5M | 0.12% |
268,979
-202,382
| -43% | -$71.3M |
|
150
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.3B
| $99.4M | 0.12% |
976,000
+555,800
| +132% | +$53.4M |
|
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 $9.74B 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 Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
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.