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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.45% |
| 2 | Technology | 8.65% |
| 3 | Financials | 8.6% |
| 4 | Consumer Discretionary | 7.75% |
| 5 | Industrials | 7.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56.6B
| $99.2M | 0.12% |
3,223,300
+1,521,000
| +89% | +$44.6M |
|
|
GRFS
152
Grifois
GRFS
$5.44B
| $98.9M | 0.12% |
4,247,476
+2,242,324
| +112% | +$48.9M |
|
153
NRG Energy
NRG
$23.5B
| $98.3M | 0.12% |
2,474,056
-132,255
| -5% | -$5.23M |
|
154
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.1B
| $98M | 0.12% |
3,034,600
+1,023,600
| +51% | +$32.5M |
|
155
United Therapeutics
UTHR
$22B
| $98M | 0.12% |
1,112,923
-562,199
| -34% | -$49.5M |
|
156
AutoZone
AZO
$48.7B
| $97.7M | 0.12% |
82,031
+80,211
| +4,407% | +$92.6M |
|
157
Texas Instruments
TXN
$237B
| $97.4M | 0.12% |
758,866
+104,043
| +16% | +$12.8M |
|
158
SS&C Technologies
SSNC
$19.6B
| $96.5M | 0.12% |
1,572,101
+478,814
| +44% | +$26.8M |
|
159
Zimmer Biomet
ZBH
$19.2B
| $95.8M | 0.12% |
659,273
-796,091
| -55% | -$110M |
|
160
CALL
iShares Russell 2000 ETF
IWM
$81.4B
| $95.7M | 0.12% |
577,800
+256,300
| +80% | +$40.5M |
|
161
Salesforce
CRM
$171B
| $95.3M | 0.12% |
586,249
+333,385
| +132% | +$52.3M |
|
162
PUT
Johnson & Johnson
JNJ
$659B
| $95.3M | 0.12% |
653,500
+333,900
| +104% | +$45.3M |
|
163
Evergy
EVRG
$18.7B
| $94M | 0.12% |
1,444,129
+999,442
| +225% | +$63.7M |
|
164
DTE Energy
DTE
$28.2B
| $93.7M | 0.12% |
848,178
+28,225
| +3% | +$3.04M |
|
165
Louisiana-Pacific
LPX
$5.04B
| $93.7M | 0.12% |
3,158,572
-1,163,825
| -27% | -$32.9M |
|
|
ETFC
166
DELISTED
E*Trade Financial Corporation
ETFC
| $93.5M | 0.12% |
2,061,298
-72,273
| -3% | -$3.09M |
|
167
Procter & Gamble
PG
$339B
| $93.3M | 0.12% |
746,733
-40,410
| -5% | -$4.94M |
|
168
Five Below
FIVE
$14.2B
| $92.5M | 0.12% |
723,345
+451,653
| +166% | +$56.6M |
|
169
CSX Corp
CSX
$95.2B
| $92.2M | 0.12% |
3,823,320
+2,425,731
| +174% | +$57.4M |
|
170
CMS Energy
CMS
$21.5B
| $91.9M | 0.12% |
1,462,346
-740,048
| -34% | -$46.1M |
|
171
PUT
Nike
NKE
$60.4B
| $91.4M | 0.11% |
902,100
+645,600
| +252% | +$60.9M |
|
172
American Express
AXP
$228B
| $90.4M | 0.11% |
726,226
-381,653
| -34% | -$45.6M |
|
173
Douglas Emmett
DEI
$1.99B
| $90.2M | 0.11% |
2,055,478
+1,341,875
| +188% | +$58M |
|
174
Axalta
AXTA
$7.73B
| $89.6M | 0.11% |
2,946,854
-979,100
| -25% | -$28.9M |
|
175
D.R. Horton
DHI
$41.6B
| $88.7M | 0.11% |
1,681,237
+1,652,839
| +5,820% | +$88.2M |
|
Similar funds
Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $9.74B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Healthcare at 10% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.