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 | |
|---|---|---|---|---|---|---|
1776
Jones Lang LaSalle
JLL
$17.8B
| $2.67M | 0.01% |
26,397
-92,065
| -78% | -$13.8M |
|
1777
Adient
ADNT
$1.43B
| $2.67M | 0.01% |
293,776
+226,516
| +337% | +$4.56M |
|
|
SIEN
1778
DELISTED
Sientra, Inc.
SIEN
| $2.66M | 0.01% |
133,472
-125,546
| -48% | -$6.55M |
|
1779
Rollins
ROL
$17.9B
| $2.63M | 0.01% |
109,298
-1,109,628
| -91% | -$27.4M |
|
|
BEST
1780
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $2.63M | 0.01% |
24,605
-90,855
| -79% | -$10.1M |
|
1781
Monro
MNRO
$408M
| $2.63M | 0.01% |
+60,068
| New | +$3.64M |
|
1782
Pinnacle West Capital
PNW
$12B
| $2.63M | 0.01% |
34,716
-54,820
| -61% | -$4.97M |
|
1783
US Physical Therapy
USPH
$1.17B
| $2.63M | 0.01% |
38,123
+35,375
| +1,287% | +$3.73M |
|
1784
Ares Capital
ARCC
$14.3B
| $2.62M | 0.01% |
243,064
-801,768
| -77% | -$13.5M |
|
|
AD
1785
Array Digital Infrastructure
AD
$3.09B
| $2.62M | 0.01% |
89,316
-261,125
| -75% | -$8.53M |
|
1786
Veru
VERU
$47.1M
| $2.61M | 0.01% |
79,937
+74,602
| +1,398% | +$2.8M |
|
|
CTXS
1787
DELISTED
Citrix Systems Inc
CTXS
| $2.61M | 0.01% |
18,467
-81,941
| -82% | -$9.77M |
|
1788
Hudbay
HBM
$13.4B
| $2.61M | 0.01% |
1,375,462
+436,504
| +46% | +$1.21M |
|
1789
Polaris
PII
$3.62B
| $2.61M | 0.01% |
+54,259
| New | +$4.45M |
|
|
XOMA
1790
DELISTED
Xoma
XOMA
| $2.61M | 0.01% |
128,184
+45,034
| +54% | +$1.04M |
|
1791
PJT Partners
PJT
$4.46B
| $2.6M | 0.01% |
60,011
-385,394
| -87% | -$16.9M |
|
1792
CRA International
CRAI
$1.07B
| $2.6M | 0.01% |
77,861
-18,193
| -19% | -$867K |
|
1793
Outfront Media
OUT
$5.36B
| $2.6M | 0.01% |
196,058
-1,042,972
| -84% | -$25.5M |
|
1794
Stoke Therapeutics
STOK
$2.14B
| $2.6M | 0.01% |
113,493
-208,888
| -65% | -$5.16M |
|
|
CZR
1795
DELISTED
Caesars Entertainment Corporation
CZR
| $2.6M | 0.01% |
384,072
-9,212,886
| -96% | -$108M |
|
1796
PUT
ASML
ASML
$669B
| $2.59M | 0.01% |
+9,900
| New | +$2.82M |
|
|
AGRX
1797
DELISTED
Agile Therapeutics
AGRX
| $2.58M | 0.01% |
694
+641
| +1,209% | +$3.68M |
|
1798
Passage Bio
PASG
$14.6M
| $2.58M | 0.01% |
+8,193
| New | +$2.56M |
|
|
GOEV
1799
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $2.58M | 0.01% |
+555
| New | +$2.6M |
|
1800
Federal Realty Investment Trust
FRT
$10.3B
| $2.56M | 0.01% |
34,367
-16,642
| -33% | -$1.92M |
|
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.