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 | |
|---|---|---|---|---|---|---|
1551
WIX.com
WIX
$3.6B
| $6.63M | 0.01% |
+26,001
| New | +$7.17M |
|
1552
First Financial Bancorp
FFBC
$3.43B
| $6.62M | 0.01% |
551,647
+176,693
| +47% | +$2.39M |
|
|
CHPMU
1553
DELISTED
CHP Merger Corp. Unit
CHPMU
| $6.62M | 0.01% |
629,300
| – | – |
|
1554
Huntington Bancshares
HBAN
$34.2B
| $6.61M | 0.01% |
720,668
+163,004
| +29% | +$1.52M |
|
1555
Lamar Advertising Co
LAMR
$15.4B
| $6.61M | 0.01% |
99,832
+53,432
| +115% | +$3.55M |
|
1556
Integra LifeSciences
IART
$1.31B
| $6.58M | 0.01% |
139,316
-221,147
| -61% | -$10.5M |
|
1557
Chemours
CC
$2.37B
| $6.57M | 0.01% |
314,121
+290,372
| +1,223% | +$5.6M |
|
1558
PUT
Charles River Laboratories
CRL
$14.2B
| $6.57M | 0.01% |
29,000
+19,000
| +190% | +$3.94M |
|
|
SRNE
1559
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $6.56M | 0.01% |
588,676
+505,264
| +606% | +$4.62M |
|
|
GLS
1560
DELISTED
Gelesis Holdings, Inc.
GLS
| $6.56M | 0.01% |
+667,000
| New | +$6.56M |
|
1561
Boise Cascade
BCC
$2.83B
| $6.55M | 0.01% |
164,046
+31,931
| +24% | +$1.39M |
|
1562
Cameco
CCJ
$46.6B
| $6.55M | 0.01% |
648,131
+568,458
| +713% | +$6.15M |
|
1563
PUT
iShares MSCI South Korea ETF
EWY
$28B
| $6.53M | 0.01% |
100,000
| – | – |
|
|
RDFN
1564
DELISTED
Redfin
RDFN
| $6.53M | 0.01% |
130,840
-179,572
| -58% | -$7.94M |
|
1565
CALL
W.W. Grainger
GWW
$61.3B
| $6.53M | 0.01% |
18,300
-5,200
| -22% | -$1.79M |
|
1566
Cabaletta Bio
CABA
$546M
| $6.52M | 0.01% |
601,830
-30,074
| -5% | -$346K |
|
1567
Reynolds Consumer Products
REYN
$5.18B
| $6.52M | 0.01% |
213,053
+184,589
| +648% | +$6.08M |
|
|
SWN
1568
DELISTED
Southwestern Energy Company
SWN
| $6.52M | 0.01% |
2,775,664
-3,638,124
| -57% | -$9.67M |
|
|
MAPS
1569
DELISTED
WM TECHNOLOGY INC A
MAPS
| $6.51M | 0.01% |
642,500
-107,400
| -14% | -$1.08M |
|
|
ATVI
1570
CALL
DELISTED
Activision Blizzard
ATVI
| $6.5M | 0.01% |
80,300
+23,800
| +42% | +$1.93M |
|
|
MDLA
1571
DELISTED
Medallia, Inc.
MDLA
| $6.49M | 0.01% |
+236,809
| New | +$7.18M |
|
1572
PUT
Trane Technologies
TT
$100B
| $6.49M | 0.01% |
53,500
| – | – |
|
1573
Sally Beauty Holdings
SBH
$1.54B
| $6.47M | 0.01% |
744,504
+100,421
| +16% | +$1.21M |
|
1574
McCormick & Company Non-Voting
MKC
$14.6B
| $6.46M | 0.01% |
66,560
+14,854
| +29% | +$1.45M |
|
|
PMT
1575
PennyMac Mortgage Investment
PMT
$810M
| $6.44M | 0.01% |
400,988
+354,726
| +767% | +$6.28M |
|
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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.