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 | |
|---|---|---|---|---|---|---|
1701
Bank of Marin Bancorp
BMRC
$435M
| $5.25M | 0.01% |
128,933
+24,774
| +24% | +$1.05M |
|
|
THR
1702
DELISTED
Thermon Group Holdings
THR
| $5.24M | 0.01% |
213,590
+201,464
| +1,661% | +$4.8M |
|
1703
TIM SA
TIMB
$8.67B
| $5.24M | 0.01% |
347,130
+91,846
| +36% | +$1.48M |
|
|
WLL
1704
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $5.23M | 0.01% |
2,667
+667
| +33% | +$1.34M |
|
|
BEL
1705
DELISTED
Belmond Ltd.
BEL
| $5.22M | 0.01% |
209,459
-47,192
| -18% | -$1.17M |
|
1706
Applied Industrial Technologies
AIT
$12.3B
| $5.22M | 0.01% |
87,776
-113,211
| -56% | -$6.56M |
|
1707
CALL
HCA Healthcare
HCA
$92.8B
| $5.21M | 0.01% |
+40,000
| New | +$5.37M |
|
|
BMCH
1708
DELISTED
BMC Stock Holdings, Inc
BMCH
| $5.21M | 0.01% |
295,016
-24,466
| -8% | -$424K |
|
1709
FS KKR Capital
FSK
$3.33B
| $5.21M | 0.01% |
215,120
-225,155
| -51% | -$5.58M |
|
1710
Standex International
SXI
$3.69B
| $5.2M | 0.01% |
70,874
+11,649
| +20% | +$882K |
|
|
CNH
1711
CNH Industrial
CNH
$18.6B
| $5.19M | 0.01% |
584,656
+452,375
| +342% | +$4.05M |
|
1712
Nike
NKE
$58.6B
| $5.18M | 0.01% |
61,562
-2,130,449
| -97% | -$176M |
|
1713
Shenandoah Telecom
SHEN
$680M
| $5.18M | 0.01% |
116,686
-108,629
| -48% | -$5.1M |
|
|
PDCO
1714
DELISTED
Patterson Companies, Inc.
PDCO
| $5.17M | 0.01% |
236,587
+45,349
| +24% | +$1M |
|
1715
John Wiley & Sons Class A
WLY
$2.74B
| $5.16M | 0.01% |
116,765
-194,192
| -62% | -$9.52M |
|
1716
CALL
Parker-Hannifin
PH
$128B
| $5.15M | 0.01% |
+30,000
| New | +$4.97M |
|
1717
Upland Software
UPLD
$13.9M
| $5.15M | 0.01% |
12,154
-7,095
| -37% | -$2.41M |
|
1718
Standard Motor Products
SMP
$838M
| $5.14M | 0.01% |
104,789
-42,807
| -29% | -$2.11M |
|
|
MFAC.U
1719
DELISTED
Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an
MFAC.U
| $5.14M | 0.01% |
500,000
| – | – |
|
1720
Pilgrim's Pride
PPC
$7.72B
| $5.14M | 0.01% |
230,460
-1,480,303
| -87% | -$29M |
|
1721
PUT
Eaton
ETN
$159B
| $5.12M | 0.01% |
63,600
-118,500
| -65% | -$9.04M |
|
|
VIA
1722
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $5.12M | 0.01% |
114,922
-8,915
| -7% | -$390K |
|
1723
CRA International
CRAI
$1.08B
| $5.08M | 0.01% |
100,530
+21,023
| +26% | +$949K |
|
1724
HighPeak Energy
HPK
$995M
| $5.07M | 0.01% |
503,325
-4,201
| -0.8% | -$41.8K |
|
|
I
1725
CALL
DELISTED
INTELSAT S. A.
I
| $5.06M | 0.01% |
323,400
-180,100
| -36% | -$3.82M |
|
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.