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 | |
|---|---|---|---|---|---|---|
|
GAP
1526
CALL
The Gap Inc
GAP
$7.58B
| $6.31M | 0.01% |
500,000
+487,500
| +3,900% | +$4.39M |
|
1527
Tennant Co
TNC
$1.2B
| $6.31M | 0.01% |
97,027
+57,451
| +145% | +$3.49M |
|
|
SGI
1528
Somnigroup International
SGI
$13.5B
| $6.31M | 0.01% |
350,584
-42,024
| -11% | -$603K |
|
|
MAXR
1529
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $6.3M | 0.01% |
350,708
-232,985
| -40% | -$3.01M |
|
|
SNV
1530
DELISTED
Synovus
SNV
| $6.28M | 0.01% |
305,885
-183,506
| -37% | -$3.55M |
|
1531
Capitol Federal Financial
CFFN
$1.06B
| $6.28M | 0.01% |
570,304
+362,405
| +174% | +$4.15M |
|
1532
AXIS Capital
AXS
$7.29B
| $6.28M | 0.01% |
154,767
-101,444
| -40% | -$3.91M |
|
1533
PUT
Capital One
COF
$132B
| $6.26M | 0.01% |
100,000
-141,700
| -59% | -$8.83M |
|
1534
Dorman Products
DORM
$3.86B
| $6.23M | 0.01% |
92,822
-21,321
| -19% | -$1.37M |
|
1535
Sinclair Inc
SBGI
$1.05B
| $6.22M | 0.01% |
336,929
-530,685
| -61% | -$9.21M |
|
1536
Hilltop Holdings
HTH
$2.21B
| $6.2M | 0.01% |
336,228
-85,458
| -20% | -$1.47M |
|
|
MEET
1537
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $6.2M | 0.01% |
993,008
+789,951
| +389% | +$4.86M |
|
1538
Magnachip Semiconductor
MX
$118M
| $6.18M | 0.01% |
+600,311
| New | +$6.69M |
|
|
JIH.U
1539
DELISTED
Juniper Industrial Holdings, Inc. Units, each consisting of one share of Class A common stock, $0.00
JIH.U
| $6.18M | 0.01% |
600,000
-275,000
| -31% | -$2.77M |
|
1540
The Ensign Group
ENSG
$10.5B
| $6.17M | 0.01% |
147,402
-289,185
| -66% | -$11.5M |
|
1541
CALL
BioMarin Pharmaceuticals
BMRN
$12.8B
| $6.17M | 0.01% |
+50,000
| New | +$4.97M |
|
1542
ONE Gas
OGS
$5.08B
| $6.16M | 0.01% |
79,955
-131,676
| -62% | -$10.6M |
|
|
AL
1543
DELISTED
Air Lease Corp
AL
| $6.14M | 0.01% |
209,805
+196,661
| +1,496% | +$5.25M |
|
1544
PUT
Delta Air Lines
DAL
$55.2B
| $6.14M | 0.01% |
218,900
-145,900
| -40% | -$3.71M |
|
1545
Arcos Dorados Holdings
ARCO
$1.71B
| $6.11M | 0.01% |
1,499,767
+1,269,711
| +552% | +$4.74M |
|
1546
Sphere Entertainment
SPHR
$5.66B
| $6.11M | 0.01% |
+81,510
| New | +$6.26M |
|
1547
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $6.11M | 0.01% |
113,076
-113,396
| -50% | -$5.82M |
|
1548
VanEck Oil Services ETF
OIH
$1.92B
| $6.11M | 0.01% |
50,107
+620
| +1% | +$69.4K |
|
1549
Ultrapar
UGP
$6.84B
| $6.1M | 0.01% |
1,800,464
+1,433,958
| +391% | +$4.22M |
|
|
1550
PUT
VanEck Oil Services ETF
OIH
$1.92B
| $6.09M | 0.01% |
50,000
| – | – |
|
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.