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 | |
|---|---|---|---|---|---|---|
1851
State Street Materials Select Sector SPDR ETF
XLB
$8.82B
| $4.62M | 0.01% |
158,844
-98,806
| -38% | -$2.85M |
|
|
CTLT
1852
DELISTED
CATALENT, INC.
CTLT
| $4.62M | 0.01% |
96,970
+39,819
| +70% | +$2.14M |
|
1853
Duluth Holdings
DLTH
$141M
| $4.61M | 0.01% |
+544,021
| New | +$5.95M |
|
|
CHL
1854
DELISTED
China Mobile Limited
CHL
| $4.61M | 0.01% |
111,335
-28,203
| -20% | -$1.2M |
|
|
BGG
1855
DELISTED
Briggs & Stratton Corp.
BGG
| $4.61M | 0.01% |
760,040
-221,025
| -23% | -$1.63M |
|
1856
Okta
OKTA
$30.1B
| $4.6M | 0.01% |
46,762
-532,616
| -92% | -$66.5M |
|
1857
Sarepta Therapeutics
SRPT
$2.28B
| $4.6M | 0.01% |
61,041
-19,504
| -24% | -$2.3M |
|
1858
Trade Desk
TTD
$6.31B
| $4.59M | 0.01% |
244,810
-1,073,970
| -81% | -$25.6M |
|
1859
Service Corp International
SCI
$11.4B
| $4.58M | 0.01% |
95,755
+80,484
| +527% | +$3.78M |
|
1860
Reinsurance Group of America
RGA
$16.1B
| $4.57M | 0.01% |
28,609
-144,188
| -83% | -$22.4M |
|
1861
Southside Bancshares
SBSI
$950M
| $4.57M | 0.01% |
133,989
-84,640
| -39% | -$2.81M |
|
|
EXTN
1862
DELISTED
Exterran Corporation
EXTN
| $4.57M | 0.01% |
349,932
-204,112
| -37% | -$2.47M |
|
1863
Grupo Cibest SA
CIB
$23.3B
| $4.57M | 0.01% |
92,381
-12,516
| -12% | -$632K |
|
1864
Barings BDC
BBDC
$982M
| $4.56M | 0.01% |
449,710
+150,382
| +50% | +$1.49M |
|
1865
Ituran Location and Control
ITRN
$1.03B
| $4.56M | 0.01% |
184,139
+84,302
| +84% | +$2.39M |
|
|
COWN
1866
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.56M | 0.01% |
296,602
-219,115
| -42% | -$3.56M |
|
1867
Illumina
ILMN
$34.4B
| $4.56M | 0.01% |
15,411
-50,062
| -76% | -$14.8M |
|
|
ORTX
1868
DELISTED
Orchard Therapeutics plc American Depositary Shares
ORTX
| $4.55M | 0.01% |
38,340
-6,823
| -15% | -$952K |
|
1869
PUT
Philip Morris
PM
$297B
| $4.54M | 0.01% |
+59,800
| New | +$4.74M |
|
|
UCTT
1870
Ultra Clean Holdings
UCTT
$3.38B
| $4.53M | 0.01% |
309,582
-202,430
| -40% | -$2.81M |
|
|
ACR
1871
ACRES Commercial Realty
ACR
$101M
| $4.53M | 0.01% |
132,726
-41,724
| -24% | -$1.42M |
|
1872
Starwood Property Trust
STWD
$5.9B
| $4.52M | 0.01% |
+186,566
| New | +$4.4M |
|
|
HHR
1873
DELISTED
HeadHunter Group PLC American Depositary Shares
HHR
| $4.51M | 0.01% |
233,952
-44,048
| -16% | -$815K |
|
|
IGMS
1874
DELISTED
IGM Biosciences
IGMS
| $4.5M | 0.01% |
+253,790
| New | +$5.12M |
|
1875
Malibu Boats
MBUU
$566M
| $4.49M | 0.01% |
146,452
-466,432
| -76% | -$14.4M |
|
Similar funds
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.