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 | |
|---|---|---|---|---|---|---|
1501
CALL
Linde
LIN
$225B
| $7.1M | 0.01% |
29,800
+6,300
| +27% | +$1.53M |
|
1502
Oaktree Specialty Lending
OCSL
$1.16B
| $7.08M | 0.01% |
487,717
-6,599
| -1% | -$94.3K |
|
1503
Loews
L
$22.7B
| $7.08M | 0.01% |
203,699
-39,235
| -16% | -$1.41M |
|
1504
Mueller Water Products
MWA
$3.89B
| $7.08M | 0.01% |
681,289
+461,347
| +210% | +$4.81M |
|
1505
HF Sinclair
DINO
$16.6B
| $7.07M | 0.01% |
358,609
+330,779
| +1,189% | +$8.24M |
|
1506
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $7.05M | 0.01% |
84,881
+3,661
| +5% | +$304K |
|
1507
GoPro
GPRO
$112M
| $7.04M | 0.01% |
+1,554,642
| New | +$7.3M |
|
1508
Tennant Co
TNC
$1.19B
| $7.04M | 0.01% |
116,567
+19,540
| +20% | +$1.29M |
|
1509
PUT
Becton Dickinson
BDX
$51.7B
| $7.03M | 0.01% |
30,955
-10,763
| -26% | -$2.64M |
|
1510
FirstCash
FCFS
$9.95B
| $7M | 0.01% |
+122,424
| New | +$7.48M |
|
|
KL
1511
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $6.99M | 0.01% |
143,444
+74,563
| +108% | +$3.74M |
|
1512
PUT
Trupanion
TRUP
$1.4B
| $6.98M | 0.01% |
+88,500
| New | +$5.31M |
|
1513
Incyte
INCY
$26.3B
| $6.96M | 0.01% |
77,532
-229,537
| -75% | -$22.1M |
|
1514
PUT
Humana
HUM
$46.8B
| $6.95M | 0.01% |
16,800
+13,400
| +394% | +$5.39M |
|
1515
State Street Financial Select Sector SPDR ETF
XLF
$56.9B
| $6.95M | 0.01% |
288,824
-112,788
| -28% | -$2.74M |
|
1516
Viasat
VSAT
$9.98B
| $6.9M | 0.01% |
200,694
+103,279
| +106% | +$3.91M |
|
|
ADAM
1517
Adamas Trust
ADAM
$884M
| $6.89M | 0.01% |
675,743
-99,692
| -13% | -$1.04M |
|
1518
ScottsMiracle-Gro
SMG
$3.65B
| $6.88M | 0.01% |
45,021
-137,666
| -75% | -$21.3M |
|
1519
PUT
Kroger
KR
$35.8B
| $6.88M | 0.01% |
202,900
+145,200
| +252% | +$5.02M |
|
|
JIH.U
1520
DELISTED
Juniper Industrial Holdings, Inc. Units, each consisting of one share of Class A common stock, $0.00
JIH.U
| $6.85M | 0.01% |
600,000
| – | – |
|
1521
Pinnacle Financial Partners Inc
PNFP
$15.2B
| $6.84M | 0.01% |
192,320
+163,302
| +563% | +$6.5M |
|
|
AUY
1522
CALL
DELISTED
Yamana Gold, Inc.
AUY
| $6.82M | 0.01% |
+1,200,000
| New | +$7.19M |
|
1523
CALL
Zimmer Biomet
ZBH
$19.1B
| $6.81M | 0.01% |
51,500
-51,500
| -50% | -$6.73M |
|
|
FL
1524
DELISTED
Foot Locker
FL
| $6.8M | 0.01% |
205,977
-350,980
| -63% | -$10.7M |
|
1525
CALL
Penumbra
PEN
$12.8B
| $6.8M | 0.01% |
35,000
+25,000
| +250% | +$5.26M |
|
Similar funds
Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2B, up 11% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2020 filing shows 989 new, 1,503 increased, 1,793 reduced and 724 closed positions. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M. The largest sale was JPMorgan Chase, an estimated $278M.
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.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M.
- 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 $81.2B portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value rose 11% quarter-over-quarter to $81.2B.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.