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 | Miscellaneous | 38.21% |
| 2 | Healthcare | 10.45% |
| 3 | Technology | 8.65% |
| 4 | Financials | 8.6% |
| 5 | Consumer Discretionary | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
QVCGA
1551
DELISTED
QVC Group Inc Series A
QVCGA
| $7.98M | 0.01% |
19,510
+16,096
| +471% | +$7.25M |
|
1552
CALL
Etsy
ETSY
$7.61B
| $7.97M | 0.01% |
+180,000
| New | +$8.57M |
|
1553
Hims & Hers Health
HIMS
$7.39B
| $7.97M | 0.01% |
+805,000
| New | +$7.94M |
|
1554
Ryder
R
$9.51B
| $7.96M | 0.01% |
146,535
-28,676
| -16% | -$1.49M |
|
1555
United Parcel Service
UPS
$89.9B
| $7.95M | 0.01% |
+67,899
| New | +$8.04M |
|
|
KW
1556
DELISTED
Kennedy-Wilson Holdings
KW
| $7.94M | 0.01% |
356,064
+293,880
| +473% | +$6.59M |
|
|
CBPX
1557
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $7.94M | 0.01% |
217,922
-813,425
| -79% | -$26.8M |
|
|
TERP
1558
DELISTED
TerraForm Power, Inc
TERP
| $7.93M | 0.01% |
+515,275
| New | +$8.3M |
|
|
CDMO
1559
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $7.91M | 0.01% |
1,030,623
+203,339
| +25% | +$1.19M |
|
1560
Haemonetics
HAE
$4.78B
| $7.9M | 0.01% |
68,762
-90,897
| -57% | -$11M |
|
1561
Nexstar Media Group
NXST
$5.54B
| $7.88M | 0.01% |
67,248
-37,663
| -36% | -$3.94M |
|
1562
New York Times
NYT
$11B
| $7.88M | 0.01% |
244,872
-20,386
| -8% | -$633K |
|
1563
Southwest Airlines
LUV
$19.5B
| $7.87M | 0.01% |
145,856
+113,430
| +350% | +$6.29M |
|
1564
Apogee Enterprises
APOG
$848M
| $7.86M | 0.01% |
241,886
-65,486
| -21% | -$2.44M |
|
1565
PUT
Assurant
AIZ
$14.1B
| $7.85M | 0.01% |
+59,900
| New | +$7.71M |
|
1566
Teva Pharmaceuticals
TEVA
$43.8B
| $7.84M | 0.01% |
799,866
-1,100,093
| -58% | -$9.82M |
|
1567
PUT
CarMax
KMX
$8.89B
| $7.84M | 0.01% |
89,400
+300
| +0.3% | +$28.2K |
|
|
MNR
1568
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $7.82M | 0.01% |
539,816
-476,206
| -47% | -$7.04M |
|
|
EFC
1569
Ellington Financial
EFC
$1.75B
| $7.81M | 0.01% |
426,138
+266,913
| +168% | +$4.88M |
|
1570
IPG Photonics
IPGP
$3.29B
| $7.8M | 0.01% |
53,836
+47,292
| +723% | +$6.58M |
|
1571
CALL
Chipotle Mexican Grill
CMG
$47.1B
| $7.79M | 0.01% |
465,000
+50,000
| +12% | +$802K |
|
1572
Akamai
AKAM
$16B
| $7.78M | 0.01% |
90,051
+14,450
| +19% | +$1.26M |
|
1573
Gabelli Dividend & Income Trust
GDV
$2.65B
| $7.77M | 0.01% |
+354,176
| New | +$7.43M |
|
1574
Albany International
AIN
$1.68B
| $7.75M | 0.01% |
+102,111
| New | +$8.48M |
|
|
PRTY
1575
DELISTED
Party City Holdco Inc.
PRTY
| $7.74M | 0.01% |
+3,306,170
| New | +$12.4M |
|
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 $4.28B 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 Miscellaneous at 38% of assets, up from 28% a quarter earlier, followed by Healthcare and Technology.
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.