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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.91% |
| 2 | Technology | 7.43% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 5.69% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Arlo Technologies
ARLO
$1.42B
| $3.73M | 0.01% |
1,536,410
-212,787
| -12% | -$739K |
|
1527
EastGroup Properties
EGP
$10.8B
| $3.73M | 0.01% |
35,730
-68,973
| -66% | -$8.71M |
|
1528
Thermo Fisher Scientific
TMO
$232B
| $3.73M | 0.01% |
13,135
+4,092
| +45% | +$1.29M |
|
1529
AGCO
AGCO
$7.68B
| $3.72M | 0.01% |
78,737
-139,519
| -64% | -$8.86M |
|
1530
CALL
Tesla
TSLA
$1.39T
| $3.72M | 0.01% |
+106,500
| New | +$4.41M |
|
|
FM
1531
DELISTED
iShares Frontier and Select EM ETF
FM
| $3.71M | 0.01% |
173,787
+57,159
| +49% | +$1.58M |
|
|
WBT
1532
DELISTED
Welbilt, Inc.
WBT
| $3.7M | 0.01% |
722,046
-317,961
| -31% | -$3.83M |
|
|
CFFAW
1533
CALL
DELISTED
CF Finance Acquisition Corp. Warrant
CFFAW
| $3.7M | 0.01% |
+360,000
| New | +$331K |
|
1534
Curtiss-Wright
CW
$22.5B
| $3.7M | 0.01% |
40,063
-61,735
| -61% | -$7.91M |
|
1535
Compass Minerals
CMP
$1.02B
| $3.7M | 0.01% |
96,157
+79,003
| +461% | +$4.3M |
|
|
MRC
1536
DELISTED
MRC Global
MRC
| $3.7M | 0.01% |
868,341
+559,922
| +182% | +$5.26M |
|
|
ADVM
1537
DELISTED
Adverum Biotechnologies
ADVM
| $3.69M | 0.01% |
37,801
+35,764
| +1,756% | +$4.17M |
|
1538
Carvana
CVNA
$81.7B
| $3.69M | 0.01% |
+334,820
| New | +$5.18M |
|
1539
Werner Enterprises
WERN
$2.27B
| $3.68M | 0.01% |
101,577
+18,411
| +22% | +$662K |
|
1540
Dave & Buster's
PLAY
$361M
| $3.68M | 0.01% |
281,462
-189,991
| -40% | -$6.51M |
|
|
HCCOW
1541
CALL
DELISTED
Healthcare Merger Corp. Warrants
HCCOW
| $3.67M | 0.01% |
+375,000
| New | +$471K |
|
|
TCF
1542
DELISTED
TCF Financial Corporation Common Stock
TCF
| $3.67M | 0.01% |
162,167
-502,535
| -76% | -$18.9M |
|
1543
Televisa
TV
$1.45B
| $3.67M | 0.01% |
633,477
+280,829
| +80% | +$2.74M |
|
1544
CrowdStrike
CRWD
$191B
| $3.67M | 0.01% |
263,760
-227,624
| -46% | -$3.21M |
|
1545
W.P. Carey
WPC
$16.3B
| $3.67M | 0.01% |
64,550
-13,925
| -18% | -$1.06M |
|
1546
Elanco Animal Health
ELAN
$12.3B
| $3.67M | 0.01% |
163,948
+106,100
| +183% | +$2.91M |
|
1547
Old National Bancorp
ONB
$9.79B
| $3.67M | 0.01% |
278,070
-103,775
| -27% | -$1.73M |
|
1548
STAAR Surgical
STAA
$1.15B
| $3.66M | 0.01% |
113,517
+20,886
| +23% | +$704K |
|
1549
PUT
Northrop Grumman
NOC
$77B
| $3.66M | 0.01% |
+12,100
| New | +$4.21M |
|
1550
EXL Service
EXLS
$5.69B
| $3.66M | 0.01% |
351,690
+190,765
| +119% | +$2.6M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.