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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 28.11% |
| 2 | Healthcare | 11.62% |
| 3 | Financials | 10.42% |
| 4 | Technology | 9.63% |
| 5 | Consumer Discretionary | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
Liberty Latin America Class A
LILA
$1.63B
| $5.73M | 0.01% |
524,629
+365,937
| +231% | +$3.94M |
|
1677
CALL
Marriott International
MAR
$92.3B
| $5.72M | 0.01% |
46,000
+22,900
| +99% | +$3.04M |
|
|
BRMK
1678
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $5.72M | 0.01% |
548,460
+48,555
| +10% | +$504K |
|
1679
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $5.71M | 0.01% |
239,558
+224,776
| +1,521% | +$5.4M |
|
1680
International General Insurance
IGIC
$1.14B
| $5.71M | 0.01% |
556,559
+56,559
| +11% | +$580K |
|
|
GOOD
1681
Gladstone Commercial Corp
GOOD
$628M
| $5.7M | 0.01% |
242,656
-211,679
| -47% | -$4.69M |
|
|
ATVI
1682
PUT
DELISTED
Activision Blizzard
ATVI
| $5.69M | 0.01% |
107,600
+3,400
| +3% | +$170K |
|
|
IMMU
1683
DELISTED
Immunomedics Inc
IMMU
| $5.67M | 0.01% |
427,884
+295,200
| +222% | +$4.34M |
|
1684
Bank of Marin Bancorp
BMRC
$433M
| $5.67M | 0.01% |
136,668
-11,400
| -8% | -$479K |
|
|
WOW
1685
DELISTED
WideOpenWest
WOW
| $5.63M | 0.01% |
914,831
+493,932
| +117% | +$3.22M |
|
|
LVGO
1686
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $5.62M | 0.01% |
+322,522
| New | +$9.75M |
|
1687
CALL
General Motors
GM
$75.6B
| $5.62M | 0.01% |
+150,000
| New | +$5.77M |
|
|
NVRO
1688
DELISTED
NEVRO CORP.
NVRO
| $5.62M | 0.01% |
65,380
-123,248
| -65% | -$9.33M |
|
1689
Philips
PHG
$26.3B
| $5.61M | 0.01% |
153,090
-61,761
| -29% | -$2.27M |
|
1690
PUT
Criteo S.A.
CRTO
$845M
| $5.61M | 0.01% |
+300,000
| New | +$5.64M |
|
1691
eHealth
EHTH
$36.5M
| $5.61M | 0.01% |
83,957
+44,324
| +112% | +$4M |
|
1692
Intercorp Financial Services
IFS
$6B
| $5.59M | 0.01% |
+135,519
| New | +$5.56M |
|
1693
Carnival Corporation Ltd
CCL
$34.2B
| $5.58M | 0.01% |
127,613
-1,140,114
| -90% | -$52.6M |
|
1694
ExxonMobil
XOM
$643B
| $5.58M | 0.01% |
78,972
+31,923
| +68% | +$2.31M |
|
1695
CALL
TJX Companies
TJX
$148B
| $5.57M | 0.01% |
+100,000
| New | +$5.45M |
|
1696
CRA International
CRAI
$1.08B
| $5.57M | 0.01% |
132,770
-22,475
| -14% | -$914K |
|
1697
McGrath RentCorp
MGRC
$2.78B
| $5.57M | 0.01% |
80,034
+12,472
| +18% | +$818K |
|
|
MNTA
1698
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $5.55M | 0.01% |
428,336
+46,769
| +12% | +$565K |
|
|
GXGXU
1699
DELISTED
GX Acquisiton Corp. Unit
GXGXU
| $5.54M | 0.01% |
500,000
| – | – |
|
1700
CALL
MGM Resorts International
MGM
$10.8B
| $5.54M | 0.01% |
+200,000
| New | +$5.74M |
|
Similar funds
Israel Englander's Q3 2019 Portfolio in Review
As of Q3 2019, Israel Englander held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Israel Englander withdrew a net $4.18B in Q3 2019, closing 727 positions and reducing 1,651 holdings. Its most notable exit was Worldpay, Inc., an estimated $429M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 28% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in L3Harris worth $288M.
- Israel Englander's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Israel Englander added most to Ameren in Q3 2019, an estimated $239M increase.
- Israel Englander's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Israel Englander fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Israel Englander's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Israel Englander opened 843 new positions and closed 727 in Q3 2019.
- Israel Englander's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.