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 | |
|---|---|---|---|---|---|---|
|
SLCA
1826
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $4.78M | 0.01% |
+500,000
| New | +$5.76M |
|
1827
DigitalBridge
DBRG
$2.99B
| $4.78M | 0.01% |
198,423
+189,786
| +2,197% | +$3.93M |
|
1828
Protolabs
PRLB
$1.92B
| $4.77M | 0.01% |
46,761
-14,669
| -24% | -$1.5M |
|
|
DX
1829
Dynex Capital
DX
$3.2B
| $4.77M | 0.01% |
322,650
-84,114
| -21% | -$1.31M |
|
|
LHCG
1830
DELISTED
LHC Group LLC
LHCG
| $4.75M | 0.01% |
41,811
+34,728
| +490% | +$4.18M |
|
1831
PUT
Darden Restaurants
DRI
$24B
| $4.73M | 0.01% |
+40,000
| New | +$4.88M |
|
|
1832
CALL
Lowe's Companies
LOW
$116B
| $4.73M | 0.01% |
+43,000
| New | +$4.54M |
|
|
FFWM
1833
DELISTED
First Foundation Inc
FFWM
| $4.72M | 0.01% |
308,825
-438,837
| -59% | -$6.31M |
|
1834
Littelfuse
LFUS
$10.7B
| $4.71M | 0.01% |
26,570
-25,286
| -49% | -$4.28M |
|
1835
VanEck Vietnam ETF
VNM
$527M
| $4.71M | 0.01% |
288,583
-4,418
| -2% | -$70.5K |
|
1836
BrightView Holdings
BV
$1.03B
| $4.69M | 0.01% |
273,737
+228,391
| +504% | +$4.21M |
|
1837
Sonoco
SON
$5.61B
| $4.69M | 0.01% |
80,602
+74,658
| +1,256% | +$4.45M |
|
1838
iShares US Real Estate ETF
IYR
$4.6B
| $4.68M | 0.01% |
50,071
-29,692
| -37% | -$2.7M |
|
1839
Ducommun
DCO
$2.78B
| $4.67M | 0.01% |
110,261
-43,492
| -28% | -$1.88M |
|
|
HUYA
1840
Huya Inc
HUYA
$493M
| $4.67M | 0.01% |
197,601
-79,057
| -29% | -$1.86M |
|
|
WUBA
1841
DELISTED
58.com Inc
WUBA
| $4.66M | 0.01% |
94,522
+3,542
| +4% | +$196K |
|
|
AAMI
1842
Acadian Asset Management
AAMI
$3.45B
| $4.66M | 0.01% |
469,969
-420,833
| -47% | -$4.27M |
|
1843
Fastenal
FAST
$58.7B
| $4.66M | 0.01% |
285,028
+270,112
| +1,811% | +$4.2M |
|
|
IMGN
1844
DELISTED
Immunogen Inc
IMGN
| $4.65M | 0.01% |
1,922,854
-295,201
| -13% | -$784K |
|
1845
Alector
ALEC
$267M
| $4.64M | 0.01% |
321,671
-40,706
| -11% | -$735K |
|
|
CTRA
1846
PUT
DELISTED
Coterra Energy
CTRA
| $4.63M | 0.01% |
263,700
| – | – |
|
1847
Viasat
VSAT
$10B
| $4.63M | 0.01% |
61,516
-446,354
| -88% | -$35.6M |
|
|
GOGL
1848
DELISTED
Golden Ocean Group
GOGL
| $4.63M | 0.01% |
795,039
+393,277
| +98% | +$2.4M |
|
1849
Ubiquiti
UI
$35.9B
| $4.63M | 0.01% |
39,122
+29,780
| +319% | +$3.6M |
|
|
LTM
1850
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $4.62M | 0.01% |
416,515
+373,765
| +874% | +$3.44M |
|
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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.