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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
OR Royalties Inc
OR
$7.17B
| $6.53M | 0.01% |
652,787
-825,412
| -56% | -$7.62M |
|
|
PETQ
1502
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $6.53M | 0.01% |
187,299
-96,249
| -34% | -$2.7M |
|
1503
Belden
BDC
$4.61B
| $6.52M | 0.01% |
200,335
+188,426
| +1,582% | +$6.27M |
|
1504
Bloom Energy
BE
$63.6B
| $6.51M | 0.01% |
598,019
-451,519
| -43% | -$3.53M |
|
|
LMNX
1505
CALL
DELISTED
Luminex Corp
LMNX
| $6.51M | 0.01% |
+200,000
| New | +$6.33M |
|
1506
Realty Income
O
$59.3B
| $6.5M | 0.01% |
112,712
+80,487
| +250% | +$4.29M |
|
1507
Otis Worldwide
OTIS
$27.6B
| $6.47M | 0.01% |
+113,847
| New | +$5.9M |
|
|
DENN
1508
DELISTED
Denny's
DENN
| $6.47M | 0.01% |
+640,372
| New | +$6.57M |
|
|
AKUS
1509
DELISTED
Akouos Inc
AKUS
| $6.47M | 0.01% |
+287,442
| New | +$6.41M |
|
1510
CALL
CSX Corp
CSX
$96.3B
| $6.46M | 0.01% |
277,800
-175,200
| -39% | -$3.88M |
|
|
CHPMU
1511
DELISTED
CHP Merger Corp. Unit
CHPMU
| $6.45M | 0.01% |
629,300
-388,449
| -38% | -$3.9M |
|
1512
Kodiak Sciences
KOD
$2.43B
| $6.44M | 0.01% |
118,986
-91,270
| -43% | -$5.15M |
|
1513
CALL
Deere & Co
DE
$171B
| $6.43M | 0.01% |
40,900
+26,300
| +180% | +$3.81M |
|
|
IVC
1514
DELISTED
Invacare Corporation
IVC
| $6.42M | 0.01% |
1,008,609
-390,859
| -28% | -$2.62M |
|
1515
Southwest Gas
SWX
$6.57B
| $6.42M | 0.01% |
93,036
+57,639
| +163% | +$4.19M |
|
|
MNR
1516
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $6.42M | 0.01% |
443,091
-357,554
| -45% | -$4.64M |
|
1517
Telefônica Brasil
VIV
$18.6B
| $6.41M | 0.01% |
723,356
+305,948
| +73% | +$2.77M |
|
1518
PBF Energy
PBF
$8.06B
| $6.4M | 0.01% |
625,377
-1,038,160
| -62% | -$10.4M |
|
1519
Shake Shack
SHAK
$2.96B
| $6.4M | 0.01% |
+120,783
| New | +$6.11M |
|
|
RNAM
1520
DELISTED
Avidity Biosciences
RNAM
| $6.39M | 0.01% |
+226,044
| New | +$6.52M |
|
1521
AMC Global Media
AMCX
$518M
| $6.36M | 0.01% |
271,795
+145,091
| +115% | +$3.8M |
|
1522
Hecla Mining
HL
$13.9B
| $6.36M | 0.01% |
1,944,048
-637,800
| -25% | -$1.76M |
|
1523
Rithm Capital
RITM
$5.63B
| $6.34M | 0.01% |
853,794
+37,195
| +5% | +$241K |
|
|
SUM
1524
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $6.33M | 0.01% |
400,204
-803,016
| -67% | -$11.5M |
|
|
AUY
1525
DELISTED
Yamana Gold, Inc.
AUY
| $6.32M | 0.01% |
1,157,683
+1,105,321
| +2,111% | +$5.28M |
|
Similar funds
Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.