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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.57% |
| 2 | Technology | 12.05% |
| 3 | Financials | 10.74% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Energy | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
CALL
iShares MSCI South Korea ETF
EWY
$28B
| $6.09M | 0.01% |
+100,000
| New | +$6.2M |
|
1602
Manulife Financial
MFC
$71.6B
| $6.07M | 0.01% |
358,792
+306,839
| +591% | +$4.99M |
|
|
GLDD
1603
DELISTED
Great Lakes Dredge & Dock
GLDD
| $6.03M | 0.01% |
676,784
+337,738
| +100% | +$2.63M |
|
1604
Entegris
ENTG
$21.2B
| $6.02M | 0.01% |
168,616
+159,461
| +1,742% | +$5.31M |
|
|
BPMC
1605
CALL
DELISTED
Blueprint Medicines
BPMC
| $6M | 0.01% |
+75,000
| New | +$5.54M |
|
1606
iShares MSCI Brazil ETF
EWZ
$8.23B
| $6M | 0.01% |
146,327
+17,682
| +14% | +$760K |
|
|
NVTR
1607
DELISTED
Nuvectra Corporation Common Stock
NVTR
| $6M | 0.01% |
544,488
+57,679
| +12% | +$778K |
|
1608
ONE Gas
OGS
$5.05B
| $5.99M | 0.01% |
67,324
+32,944
| +96% | +$2.77M |
|
1609
CALL
ICU Medical
ICUI
$4.56B
| $5.98M | 0.01% |
25,000
+12,000
| +92% | +$2.88M |
|
1610
MDU Resources
MDU
$4.2B
| $5.98M | 0.01% |
608,955
+28,865
| +5% | +$280K |
|
|
CEPU
1611
Central Puerto
CEPU
$2.03B
| $5.97M | 0.01% |
650,139
+471,063
| +263% | +$4.75M |
|
|
B
1612
DELISTED
Barnes Group Inc.
B
| $5.97M | 0.01% |
116,128
-103,617
| -47% | -$5.9M |
|
1613
FNB Corp
FNB
$6.54B
| $5.97M | 0.01% |
563,079
+405,295
| +257% | +$4.66M |
|
1614
PUT
Medtronic
MDT
$117B
| $5.96M | 0.01% |
65,400
+25,400
| +64% | +$2.27M |
|
1615
Pricesmart
PSMT
$5.47B
| $5.96M | 0.01% |
101,145
+91,933
| +998% | +$5.74M |
|
1616
United Bankshares
UBSI
$6.46B
| $5.93M | 0.01% |
163,692
+139,127
| +566% | +$5.02M |
|
1617
Comcast
CMCSA
$96.2B
| $5.93M | 0.01% |
148,357
-5,477,278
| -97% | -$206M |
|
1618
iShares MSCI Turkey ETF
TUR
$222M
| $5.93M | 0.01% |
244,325
+220,035
| +906% | +$5.88M |
|
|
MANT
1619
DELISTED
Mantech International Corp
MANT
| $5.92M | 0.01% |
109,683
+105,676
| +2,637% | +$5.79M |
|
|
HSII
1620
DELISTED
Heidrick & Struggles
HSII
| $5.92M | 0.01% |
154,500
+98,153
| +174% | +$3.54M |
|
1621
PUT
Oneok
OKE
$57.8B
| $5.91M | 0.01% |
+84,600
| New | +$5.48M |
|
|
BLMT
1622
DELISTED
BSB Bancorp, Inc.
BLMT
| $5.91M | 0.01% |
+179,871
| New | +$5.93M |
|
1623
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.04B
| $5.9M | 0.01% |
+115,000
| New | +$6.14M |
|
|
GMS
1624
DELISTED
GMS Inc
GMS
| $5.9M | 0.01% |
390,315
+9,363
| +2% | +$169K |
|
|
BPMC
1625
DELISTED
Blueprint Medicines
BPMC
| $5.89M | 0.01% |
73,615
-23,981
| -25% | -$1.77M |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $6.14B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.