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 | Miscellaneous | 38.21% |
| 2 | Healthcare | 10.45% |
| 3 | Technology | 8.65% |
| 4 | Financials | 8.6% |
| 5 | Consumer Discretionary | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1776
Kosmos Energy
KOS
$1.65B
| $5.86M | 0.01% |
1,027,223
-3,347,776
| -77% | -$20.2M |
|
1777
Champion Homes
SKY
$4.93B
| $5.85M | 0.01% |
184,525
-11,027
| -6% | -$344K |
|
|
PTACU
1778
DELISTED
PropTech Acquisition Corporation Unit
PTACU
| $5.84M | 0.01% |
+570,000
| New | +$5.8M |
|
1779
CALL
Waters Corp
WAT
$40.9B
| $5.84M | 0.01% |
25,000
+2,800
| +13% | +$618K |
|
|
SINA
1780
DELISTED
Sina Corp
SINA
| $5.82M | 0.01% |
145,726
-73,451
| -34% | -$2.82M |
|
|
SASR
1781
DELISTED
Sandy Spring Bancorp Inc
SASR
| $5.82M | 0.01% |
153,583
-104,669
| -41% | -$3.69M |
|
1782
PUT
Thermo Fisher Scientific
TMO
$230B
| $5.82M | 0.01% |
17,900
-52,600
| -75% | -$15.9M |
|
1783
Minerva Neurosciences
NERV
$244M
| $5.81M | 0.01% |
102,177
+20,355
| +25% | +$898K |
|
|
GOGL
1784
DELISTED
Golden Ocean Group
GOGL
| $5.81M | 0.01% |
1,000,129
+205,090
| +26% | +$1.18M |
|
1785
PUT
Sysco
SYY
$39.5B
| $5.81M | 0.01% |
67,900
+50,300
| +286% | +$4.07M |
|
|
PDX
1786
PIMCO Dynamic Income Strategy Fund
PDX
$967M
| $5.81M | 0.01% |
351,949
+336,345
| +2,156% | +$5.52M |
|
1787
Valvoline
VVV
$4.09B
| $5.8M | 0.01% |
270,921
-518,726
| -66% | -$11.4M |
|
1788
Kemper
KMPR
$1.65B
| $5.8M | 0.01% |
74,798
-190,300
| -72% | -$14.2M |
|
1789
CALL
Capital One
COF
$134B
| $5.79M | 0.01% |
56,300
+36,100
| +179% | +$3.48M |
|
1790
American States Water
AWR
$3.55B
| $5.79M | 0.01% |
+66,827
| New | +$5.92M |
|
1791
CALL
Take-Two Interactive
TTWO
$43.9B
| $5.78M | 0.01% |
47,200
-10,400
| -18% | -$1.27M |
|
1792
CALL
Plains GP Holdings
PAGP
$5.55B
| $5.76M | 0.01% |
+304,200
| New | +$5.71M |
|
|
TWOU
1793
DELISTED
2U Inc
TWOU
| $5.76M | 0.01% |
8,003
+2,975
| +59% | +$1.85M |
|
1794
Regional Management Corp
RM
$304M
| $5.74M | 0.01% |
191,138
+13,874
| +8% | +$421K |
|
|
TTM
1795
DELISTED
Tata Motors Limited
TTM
| $5.74M | 0.01% |
443,852
-205,561
| -32% | -$2.26M |
|
|
RPLA
1796
DELISTED
Replay Acquisition Corp. Ordinary Shares
RPLA
| $5.73M | 0.01% |
+571,446
| New | +$5.68M |
|
1797
BlackBerry
BB
$4.86B
| $5.73M | 0.01% |
892,355
+824,593
| +1,217% | +$4.53M |
|
1798
Tanger
SKT
$4.34B
| $5.73M | 0.01% |
388,891
-95,011
| -20% | -$1.49M |
|
|
BZUN
1799
Baozun
BZUN
$191M
| $5.72M | 0.01% |
172,834
+167,495
| +3,137% | +$6.64M |
|
|
PLAN
1800
DELISTED
Anaplan, Inc.
PLAN
| $5.72M | 0.01% |
+109,227
| New | +$5.42M |
|
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 $4.28B 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 Miscellaneous at 38% of assets, up from 28% a quarter earlier, followed by Healthcare and Technology.
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.