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
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.19% |
| 2 | Healthcare | 7.18% |
| 3 | Consumer Discretionary | 7.09% |
| 4 | Financials | 5.3% |
| 5 | Industrials | 4.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Accenture
ACN
$113B
| $128M | 0.09% |
490,017
+386,645
| +374% | +$92.7M |
|
152
Equinix
EQIX
$105B
| $128M | 0.09% |
178,638
+137,343
| +333% | +$102M |
|
153
CALL
SPDR Gold Trust
GLD
$152B
| $127M | 0.09% |
713,000
+439,700
| +161% | +$77.4M |
|
|
154
PUT
Oracle
ORCL
$422B
| $126M | 0.09% |
1,955,100
+281,200
| +17% | +$16.7M |
|
155
Evergy
EVRG
$18.7B
| $125M | 0.09% |
2,259,379
+1,265,970
| +127% | +$69.5M |
|
156
PUT
Qualcomm
QCOM
$169B
| $125M | 0.09% |
822,300
-230,600
| -22% | -$32.1M |
|
157
Humana
HUM
$45.5B
| $125M | 0.09% |
304,712
+48,563
| +19% | +$20.2M |
|
158
Avantor
AVTR
$9.78B
| $125M | 0.09% |
4,439,637
-393,042
| -8% | -$10.1M |
|
|
OSH
159
DELISTED
Oak Street Health, Inc.
OSH
| $125M | 0.09% |
2,043,405
+1,713,267
| +519% | +$89.9M |
|
160
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.3B
| $124M | 0.09% |
+1,750,000
| New | +$116M |
|
161
CALL
Visa
V
$693B
| $124M | 0.09% |
565,200
-12,300
| -2% | -$2.52M |
|
162
Labcorp
LH
$27.3B
| $124M | 0.09% |
706,298
+197,160
| +39% | +$34.1M |
|
163
D.R. Horton
DHI
$41.5B
| $122M | 0.09% |
1,769,422
+1,124,993
| +175% | +$82M |
|
164
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $121M | 0.09% |
1,791,800
-459,000
| -20% | -$30.3M |
|
|
TXNM
165
TXNM Energy Inc
TXNM
$5.9B
| $121M | 0.09% |
2,486,175
+1,990,805
| +402% | +$96M |
|
166
Estee Lauder
EL
$36.9B
| $121M | 0.09% |
452,764
+289,108
| +177% | +$69.6M |
|
167
Kimberly-Clark
KMB
$36.4B
| $119M | 0.09% |
885,076
+485,141
| +121% | +$67.9M |
|
168
Blackrock
BLK
$179B
| $119M | 0.09% |
164,261
+33,366
| +25% | +$22.1M |
|
169
Berkshire Hathaway Class B
BRK.B
$1.06T
| $118M | 0.09% |
509,080
+394,978
| +346% | +$87M |
|
|
NGHC
170
DELISTED
National General Holdings Corp
NGHC
| $118M | 0.09% |
3,447,283
+2,111,566
| +158% | +$71.9M |
|
171
Northrop Grumman
NOC
$78.3B
| $118M | 0.08% |
385,723
+149,292
| +63% | +$45.7M |
|
172
PUT
Merck
MRK
$376B
| $116M | 0.08% |
1,492,142
+9,222
| +0.6% | +$705K |
|
173
S&P Global
SPGI
$127B
| $115M | 0.08% |
350,342
+229,664
| +190% | +$77.5M |
|
174
UnitedHealth
UNH
$350B
| $114M | 0.08% |
324,849
+178,108
| +121% | +$59.7M |
|
175
PUT
iShares MSCI Brazil ETF
EWZ
$8.52B
| $114M | 0.08% |
3,063,700
+97,000
| +3% | +$3.13M |
|
Similar funds
Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.