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 | |
|---|---|---|---|---|---|---|
1676
Liberty Global Class C
LBTYK
$3.58B
| $5.75M | 0.01% |
280,091
+125,667
| +81% | +$2.76M |
|
1677
LivaNova
LIVN
$4.37B
| $5.75M | 0.01% |
127,189
-28,273
| -18% | -$1.37M |
|
1678
FNB Corp
FNB
$6.54B
| $5.74M | 0.01% |
846,766
+635,691
| +301% | +$4.67M |
|
1679
RELX
RELX
$62.5B
| $5.72M | 0.01% |
+255,607
| New | +$5.77M |
|
1680
RLJ Lodging Trust
RLJ
$1.76B
| $5.72M | 0.01% |
660,205
-418,107
| -39% | -$3.75M |
|
1681
Prelude Therapeutics
PRLD
$526M
| $5.71M | 0.01% |
+189,573
| New | +$5.35M |
|
1682
First Commonwealth Financial
FCF
$2.09B
| $5.71M | 0.01% |
737,151
+136,781
| +23% | +$1.09M |
|
|
JIH
1683
DELISTED
Juniper Industrial Holdings, Inc.
JIH
| $5.7M | 0.01% |
544,481
+35,981
| +7% | +$365K |
|
1684
Cognex
CGNX
$10.1B
| $5.69M | 0.01% |
87,353
+53,678
| +159% | +$3.47M |
|
|
BLUE
1685
DELISTED
bluebird bio
BLUE
| $5.68M | 0.01% |
8,129
-6,834
| -46% | -$5.33M |
|
1686
CALL
Advance Auto Parts
AAP
$2.63B
| $5.65M | 0.01% |
36,800
-159,000
| -81% | -$23.9M |
|
1687
CALL
GSK
GSK
$104B
| $5.65M | 0.01% |
+120,000
| New | +$6.01M |
|
1688
Steven Madden
SHOO
$3.33B
| $5.63M | 0.01% |
288,862
+160,589
| +125% | +$3.45M |
|
|
ATSG
1689
DELISTED
Air Transport Services Group
ATSG
| $5.63M | 0.01% |
224,666
+31,608
| +16% | +$789K |
|
|
ADAP
1690
DELISTED
Adaptimmune Therapeutics
ADAP
| $5.62M | 0.01% |
704,756
-1,082,848
| -61% | -$9.48M |
|
1691
Cullen/Frost Bankers
CFR
$10.2B
| $5.62M | 0.01% |
87,936
+82,060
| +1,397% | +$5.75M |
|
|
EB
1692
DELISTED
Eventbrite
EB
| $5.61M | 0.01% |
516,884
+109,323
| +27% | +$1.09M |
|
|
PRTY
1693
DELISTED
Party City Holdco Inc.
PRTY
| $5.61M | 0.01% |
2,157,082
+1,903,238
| +750% | +$4.02M |
|
1694
8x8 Inc
EGHT
$282M
| $5.61M | 0.01% |
360,491
-141,320
| -28% | -$2.27M |
|
1695
Tyler Technologies
TYL
$14.3B
| $5.61M | 0.01% |
16,081
-138,972
| -90% | -$48.1M |
|
1696
Icon
ICLR
$13B
| $5.6M | 0.01% |
29,294
-14,949
| -34% | -$2.75M |
|
1697
Dentsply Sirona
XRAY
$2.19B
| $5.59M | 0.01% |
127,748
-284,690
| -69% | -$12.6M |
|
1698
PUT
Palo Alto Networks
PANW
$277B
| $5.58M | 0.01% |
136,800
-3,600
| -3% | -$150K |
|
|
FMBI
1699
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $5.57M | 0.01% |
517,041
+166,951
| +48% | +$2.06M |
|
1700
Primerica
PRI
$9.16B
| $5.56M | 0.01% |
49,172
+4,462
| +10% | +$542K |
|
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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.