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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 28.11% |
| 2 | Healthcare | 11.62% |
| 3 | Financials | 10.42% |
| 4 | Technology | 9.63% |
| 5 | Consumer Discretionary | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
TJX Companies
TJX
$148B
| $5.34M | 0.01% |
95,862
-488,884
| -84% | -$26.6M |
|
1727
Clearwater Paper
CLW
$340M
| $5.34M | 0.01% |
252,878
+70,394
| +39% | +$1.25M |
|
|
AIMT
1728
DELISTED
Aimmune Therapeutics
AIMT
| $5.34M | 0.01% |
+254,928
| New | +$5.2M |
|
1729
PUT
Occidental Petroleum
OXY
$59.1B
| $5.34M | 0.01% |
155,400
+35,400
| +30% | +$1.67M |
|
1730
Radware
RDWR
$1.24B
| $5.33M | 0.01% |
219,763
+61,944
| +39% | +$1.55M |
|
1731
Transocean
RIG
$6.41B
| $5.33M | 0.01% |
1,191,795
-10,442,087
| -90% | -$55.4M |
|
|
CTACU
1732
DELISTED
ChaSerg Technology Acquisition Corp. Unit
CTACU
| $5.33M | 0.01% |
500,000
| – | – |
|
1733
Glacier Bancorp
GBCI
$6.16B
| $5.31M | 0.01% |
131,317
+19,021
| +17% | +$760K |
|
|
FBM
1734
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $5.31M | 0.01% |
342,592
-61,848
| -15% | -$1.07M |
|
1735
Ultrapar
UGP
$6.84B
| $5.3M | 0.01% |
1,185,002
-682,798
| -37% | -$3.21M |
|
1736
CALL
Lam Research
LRCX
$399B
| $5.29M | 0.01% |
229,000
-48,000
| -17% | -$1.01M |
|
1737
Acushnet Holdings
GOLF
$4.96B
| $5.29M | 0.01% |
200,446
-33,055
| -14% | -$865K |
|
|
ENDP
1738
DELISTED
Endo International plc
ENDP
| $5.29M | 0.01% |
1,647,694
+1,609,393
| +4,202% | +$5.19M |
|
1739
GameStop
GME
$8.19B
| $5.29M | 0.01% |
3,829,944
-5,310,576
| -58% | -$5.74M |
|
1740
Adaptive Biotechnologies
ADPT
$4.22B
| $5.28M | 0.01% |
171,018
-536,449
| -76% | -$21.9M |
|
1741
Palomar
PLMR
$3.41B
| $5.28M | 0.01% |
133,816
+35,229
| +36% | +$1.1M |
|
|
TLND
1742
DELISTED
Talend S.A. American Depositary Shares
TLND
| $5.27M | 0.01% |
154,998
-27,277
| -15% | -$1.01M |
|
1743
McDonald's
MCD
$184B
| $5.24M | 0.01% |
24,410
-863,053
| -97% | -$185M |
|
1744
PUT
Dover
DOV
$27.2B
| $5.24M | 0.01% |
52,600
+2,900
| +6% | +$278K |
|
1745
Vanguard Total International Bond ETF
BNDX
$82.7B
| $5.23M | 0.01% |
88,982
+71,380
| +406% | +$4.16M |
|
|
MFAC.U
1746
DELISTED
Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an
MFAC.U
| $5.23M | 0.01% |
500,000
| – | – |
|
1747
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $5.23M | 0.01% |
161,564
+128,764
| +393% | +$3.97M |
|
1748
CALL
Howmet Aerospace
HWM
$107B
| $5.2M | 0.01% |
260,800
-522
| -0.2% | -$10.3K |
|
|
ACTTU
1749
DELISTED
Act II Global Acquisition Corp Unit
ACTTU
| $5.2M | 0.01% |
500,000
| – | – |
|
1750
Northern Oil and Gas
NOG
$2.78B
| $5.2M | 0.01% |
265,297
+166,893
| +170% | +$3.07M |
|
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Israel Englander's Q3 2019 Portfolio in Review
As of Q3 2019, Israel Englander held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Israel Englander withdrew a net $4.18B in Q3 2019, closing 727 positions and reducing 1,651 holdings. Its most notable exit was Worldpay, Inc., an estimated $429M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 28% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in L3Harris worth $288M.
- Israel Englander's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Israel Englander added most to Ameren in Q3 2019, an estimated $239M increase.
- Israel Englander's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Israel Englander fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Israel Englander's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Israel Englander opened 843 new positions and closed 727 in Q3 2019.
- Israel Englander's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.