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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 11.91% |
| 2 | Technology | 7.43% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 5.69% |
| 5 | Industrials | 4.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HMLP
1726
DELISTED
HOEGH LNG PARTNERS LP
HMLP
| $2.9M | 0.01% |
395,582
+163,504
| +70% | +$2.02M |
|
1727
ChargePoint
CHPT
$151M
| $2.9M | 0.01% |
+15,000
| New | +$2.97M |
|
|
LCAHU
1728
DELISTED
Landcadia Holdings II, Inc. Unit
LCAHU
| $2.89M | 0.01% |
294,962
-750,000
| -72% | -$7.58M |
|
|
UBA
1729
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $2.89M | 0.01% |
+204,969
| New | +$4.23M |
|
|
JIH.WS
1730
CALL
DELISTED
Juniper Industrial Holdings, Inc. Redeemable warrants included as part of the units
JIH.WS
| $2.89M | 0.01% |
+300,000
| New | +$243K |
|
|
CADE
1731
DELISTED
Cadence Bancorporation
CADE
| $2.88M | 0.01% |
440,176
-641,740
| -59% | -$8.85M |
|
1732
Chewy
CHWY
$10.1B
| $2.88M | 0.01% |
76,743
-30,975
| -29% | -$910K |
|
1733
HealthStream
HSTM
$844M
| $2.87M | 0.01% |
+120,011
| New | +$3.02M |
|
1734
PUT
Ross Stores
ROST
$77.4B
| $2.87M | 0.01% |
33,000
-15,100
| -31% | -$1.61M |
|
1735
Cabaletta Bio
CABA
$546M
| $2.87M | 0.01% |
392,815
+152,865
| +64% | +$2.1M |
|
|
BBT
1736
Beacon Financial Corp
BBT
$2.63B
| $2.87M | 0.01% |
192,963
-145,654
| -43% | -$3.68M |
|
|
PTLA
1737
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $2.87M | 0.01% |
402,113
+305,344
| +316% | +$3.81M |
|
|
WMGI
1738
CALL
DELISTED
Wright Medical Group Inc
WMGI
| $2.87M | 0.01% |
100,000
-550,000
| -85% | -$16.3M |
|
1739
Consolidated Edison
ED
$39.6B
| $2.84M | 0.01% |
36,424
-114,003
| -76% | -$10M |
|
1740
CALL
TechnipFMC
FTI
$29.5B
| $2.84M | 0.01% |
+565,824
| New | +$6.21M |
|
|
RESI
1741
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $2.84M | 0.01% |
237,438
-129,928
| -35% | -$1.52M |
|
1742
CALL
Thermo Fisher Scientific
TMO
$232B
| $2.84M | 0.01% |
+10,000
| New | +$3.15M |
|
1743
PUT
Ford
F
$55.6B
| $2.83M | 0.01% |
586,000
+372,500
| +174% | +$2.79M |
|
|
ZIXI
1744
DELISTED
Zix Corporation
ZIXI
| $2.83M | 0.01% |
656,532
+646,302
| +6,318% | +$4.35M |
|
1745
Chubb
CB
$132B
| $2.82M | 0.01% |
+25,254
| New | +$3.62M |
|
|
ALX
1746
Alexander's
ALX
$1.38B
| $2.82M | 0.01% |
10,213
-7,576
| -43% | -$2.37M |
|
1747
BWX Technologies
BWXT
$13.7B
| $2.81M | 0.01% |
57,603
+50,346
| +694% | +$2.99M |
|
1748
Cadence Design Systems
CDNS
$91.4B
| $2.79M | 0.01% |
42,285
-49,339
| -54% | -$3.42M |
|
1749
Kiniksa Pharmaceuticals
KNSA
$6.26B
| $2.78M | 0.01% |
179,629
-29,792
| -14% | -$466K |
|
|
SINA
1750
DELISTED
Sina Corp
SINA
| $2.78M | 0.01% |
87,281
-58,445
| -40% | -$2.15M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $21.4B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.