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 | |
|---|---|---|---|---|---|---|
1801
La-Z-Boy
LZB
$1.32B
| $5.72M | 0.01% |
181,733
+135,153
| +290% | +$4.53M |
|
1802
National Fuel Gas
NFG
$7.91B
| $5.72M | 0.01% |
122,915
-119,321
| -49% | -$5.44M |
|
|
WIRE
1803
DELISTED
Encore Wire Corp
WIRE
| $5.72M | 0.01% |
99,632
+69,084
| +226% | +$3.97M |
|
1804
Roper Technologies
ROP
$42.1B
| $5.72M | 0.01% |
16,140
-223,573
| -93% | -$77.2M |
|
1805
CALL
Vulcan Materials
VMC
$35.2B
| $5.72M | 0.01% |
39,700
-200
| -0.5% | -$28.6K |
|
|
WOW
1806
DELISTED
WideOpenWest
WOW
| $5.68M | 0.01% |
765,484
-149,347
| -16% | -$946K |
|
1807
Corcept Therapeutics
CORT
$12.4B
| $5.67M | 0.01% |
468,699
-244,817
| -34% | -$3.41M |
|
1808
United Parks & Resorts
PRKS
$1.94B
| $5.66M | 0.01% |
178,323
+144,400
| +426% | +$4.17M |
|
1809
Ball Corp
BALL
$16.8B
| $5.63M | 0.01% |
87,110
+52,683
| +153% | +$3.57M |
|
1810
PUT
Regeneron Pharmaceuticals
REGN
$81.7B
| $5.63M | 0.01% |
+15,000
| New | +$5.05M |
|
1811
Expeditors International
EXPD
$24.7B
| $5.63M | 0.01% |
72,136
-103,750
| -59% | -$7.77M |
|
1812
SLR Investment Corp
SLRC
$684M
| $5.62M | 0.01% |
272,732
+253,181
| +1,295% | +$5.2M |
|
1813
First Commonwealth Financial
FCF
$2.11B
| $5.62M | 0.01% |
387,165
+295,187
| +321% | +$4.14M |
|
|
VSLR
1814
DELISTED
VIVINT SOLAR, INC.
VSLR
| $5.62M | 0.01% |
773,400
-545,074
| -41% | -$3.84M |
|
|
MYOV
1815
DELISTED
Myovant Sciences Ltd.
MYOV
| $5.61M | 0.01% |
361,591
+313,588
| +653% | +$3.16M |
|
1816
Franklin Covey
FC
$233M
| $5.61M | 0.01% |
174,029
+105,823
| +155% | +$3.84M |
|
1817
Oceaneering
OII
$5.05B
| $5.61M | 0.01% |
376,202
-467,187
| -55% | -$6.5M |
|
|
JOYY
1818
JOYY Inc
JOYY
$3.71B
| $5.6M | 0.01% |
106,164
-60,325
| -36% | -$3.55M |
|
1819
PUT
Ross Stores
ROST
$73.7B
| $5.6M | 0.01% |
48,100
-2,000
| -4% | -$225K |
|
1820
MongoDB
MDB
$36.2B
| $5.56M | 0.01% |
+42,244
| New | +$5.55M |
|
1821
First Citizens BancShares
FCNCA
$24.5B
| $5.56M | 0.01% |
10,445
+8,896
| +574% | +$4.5M |
|
1822
DNOW Inc
DNOW
$2.9B
| $5.56M | 0.01% |
494,386
+472,739
| +2,184% | +$5.27M |
|
|
VISN
1823
Vistance Networks Inc
VISN
$1.48B
| $5.55M | 0.01% |
390,961
+200,030
| +105% | +$2.59M |
|
1824
Nuveen Credit Strategies Income Fund
JQC
$702M
| $5.53M | 0.01% |
720,532
+687,822
| +2,103% | +$5.11M |
|
1825
Sempra
SRE
$56B
| $5.52M | 0.01% |
+72,916
| New | +$5.35M |
|
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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.