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 | |
|---|---|---|---|---|---|---|
1826
CALL
Bunge Global
BG
$21.8B
| $2.46M | 0.01% |
60,000
+36,400
| +154% | +$1.78M |
|
1827
Southwest Gas
SWX
$6.56B
| $2.46M | 0.01% |
35,397
-178,135
| -83% | -$12.8M |
|
|
HOME
1828
DELISTED
At Home Group Inc.
HOME
| $2.46M | 0.01% |
1,218,116
+232,959
| +24% | +$1.14M |
|
|
PNNT
1829
Pennant Park Investment Corp
PNNT
$246M
| $2.46M | 0.01% |
949,340
+352,407
| +59% | +$1.95M |
|
1830
CuriosityStream
CURI
$164M
| $2.45M | 0.01% |
+250,000
| New | +$2.47M |
|
|
EXPCU
1831
DELISTED
Experience Investment Corp. Unit
EXPCU
| $2.45M | 0.01% |
250,100
-709,095
| -74% | -$7.2M |
|
|
LSXMK
1832
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $2.45M | 0.01% |
101,633
-339,603
| -77% | -$11.4M |
|
|
TEN
1833
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $2.45M | 0.01% |
679,910
+625,869
| +1,158% | +$5.25M |
|
1834
PUT
Wynn Resorts
WYNN
$10B
| $2.44M | 0.01% |
40,600
+32,600
| +408% | +$3.65M |
|
1835
FNB Corp
FNB
$6.57B
| $2.44M | 0.01% |
331,228
-3,103
| -0.9% | -$32.7K |
|
1836
PUT
CF Industries
CF
$19B
| $2.44M | 0.01% |
89,700
+75,900
| +550% | +$2.82M |
|
|
STMP
1837
DELISTED
Stamps.com, Inc.
STMP
| $2.44M | 0.01% |
18,760
+13,057
| +229% | +$1.37M |
|
1838
Kforce
KFRC
$1.02B
| $2.44M | 0.01% |
95,275
+32,950
| +53% | +$1.09M |
|
1839
Amalgamated Financial
AMAL
$1.45B
| $2.43M | 0.01% |
224,909
-102,212
| -31% | -$1.64M |
|
|
MTOR
1840
DELISTED
MERITOR, Inc.
MTOR
| $2.43M | 0.01% |
183,711
-1,537,001
| -89% | -$33.1M |
|
|
TWO
1841
Two Harbors Investment
TWO
| $2.43M | 0.01% |
159,373
+97,213
| +156% | +$4.97M |
|
1842
Broadridge
BR
$20.7B
| $2.43M | 0.01% |
25,585
-48,122
| -65% | -$5.49M |
|
1843
Ardmore Shipping
ASC
$694M
| $2.42M | 0.01% |
461,801
+248,107
| +116% | +$1.5M |
|
|
GES
1844
DELISTED
Guess Inc
GES
| $2.42M | 0.01% |
358,069
+246,833
| +222% | +$4.3M |
|
1845
Granite Construction
GVA
$5.51B
| $2.42M | 0.01% |
+159,494
| New | +$3.58M |
|
1846
Protagonist Therapeutics
PTGX
$9.8B
| $2.42M | 0.01% |
342,175
-504,819
| -60% | -$3.78M |
|
1847
Revolution Medicines
RVMD
$46.2B
| $2.42M | 0.01% |
+110,289
| New | +$3.05M |
|
1848
WesBanco
WSBC
$3.88B
| $2.42M | 0.01% |
101,940
-115,675
| -53% | -$3.61M |
|
1849
Capitol Federal Financial
CFFN
$1.07B
| $2.41M | 0.01% |
207,899
-73,466
| -26% | -$941K |
|
|
MIC
1850
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $2.41M | 0.01% |
95,601
+33,558
| +54% | +$1.28M |
|
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.