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 | |
|---|---|---|---|---|---|---|
151
Wintrust Financial
WTFC
$10.3B
| $97.6M | 0.15% |
1,450,026
-473,564
| -25% | -$33.8M |
|
152
Novartis
NVS
$301B
| $97M | 0.15% |
1,125,492
+510,237
| +83% | +$41M |
|
153
Procter & Gamble
PG
$339B
| $95.9M | 0.14% |
921,742
-571,350
| -38% | -$55.6M |
|
154
PUT
Netflix
NFLX
$334B
| $95.2M | 0.14% |
2,670,000
-27,000
| -1% | -$936K |
|
155
Voya Financial
VOYA
$8.92B
| $94.7M | 0.14% |
1,894,859
+984,977
| +108% | +$46.7M |
|
156
Best Buy
BBY
$18.5B
| $94.5M | 0.14% |
1,329,698
+1,107,431
| +498% | +$69M |
|
157
Automatic Data Processing
ADP
$113B
| $94.4M | 0.14% |
590,985
+371,707
| +170% | +$54M |
|
|
158
CALL
Alphabet (Google) Class A
GOOGL
$4.29T
| $94.2M | 0.14% |
1,600,000
+544,000
| +52% | +$30.7M |
|
159
Charles River Laboratories
CRL
$14.1B
| $94.1M | 0.14% |
647,891
+446,792
| +222% | +$58.7M |
|
160
Lincoln National
LNC
$8.16B
| $93.9M | 0.14% |
1,600,482
+420,205
| +36% | +$24.9M |
|
|
ATVI
161
DELISTED
Activision Blizzard
ATVI
| $93.6M | 0.14% |
2,055,652
+1,859,410
| +948% | +$84M |
|
162
Hilton Worldwide
HLT
$74.1B
| $93M | 0.14% |
1,118,596
+145,333
| +15% | +$11.4M |
|
163
Ally Financial
ALLY
$13.1B
| $92.1M | 0.14% |
3,351,991
+2,202,103
| +192% | +$57.5M |
|
164
Texas Roadhouse
TXRH
$13.5B
| $91.9M | 0.14% |
1,477,747
+1,385,380
| +1,500% | +$86.7M |
|
165
PUT
iShares China Large-Cap ETF
FXI
$4.24B
| $91.2M | 0.14% |
2,059,300
+1,223,600
| +146% | +$52.2M |
|
166
Northrop Grumman
NOC
$78.1B
| $90.7M | 0.14% |
336,487
-231,954
| -41% | -$63.3M |
|
167
Transocean
RIG
$6.4B
| $89.6M | 0.13% |
10,284,948
+8,963,756
| +678% | +$76.8M |
|
168
UnitedHealth
UNH
$355B
| $89.2M | 0.13% |
360,781
+204,427
| +131% | +$52.1M |
|
|
RTN
169
DELISTED
Raytheon Company
RTN
| $88.2M | 0.13% |
484,490
-519,709
| -52% | -$90.6M |
|
170
Mastercard
MA
$522B
| $88.1M | 0.13% |
374,323
-1,026,490
| -73% | -$221M |
|
|
SBNY
171
DELISTED
Signature Bank
SBNY
| $88.1M | 0.13% |
687,578
-126,869
| -16% | -$16.2M |
|
172
Cognizant
CTSH
$28B
| $87.2M | 0.13% |
1,203,537
-284,237
| -19% | -$19.9M |
|
173
PVH
PVH
$3.53B
| $87.2M | 0.13% |
714,770
+94,630
| +15% | +$10.4M |
|
174
Camden Property Trust
CPT
$10.8B
| $87.1M | 0.13% |
858,016
-46,589
| -5% | -$4.48M |
|
175
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.07B
| $87M | 0.13% |
+1,694,600
| New | +$90.4M |
|
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.