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 | |
|---|---|---|---|---|---|---|
1876
CALL
Capital One
COF
$133B
| $2.34M | 0.01% |
46,400
-9,900
| -18% | -$870K |
|
|
CURO
1877
DELISTED
CURO Group Holdings Corp.
CURO
| $2.34M | 0.01% |
440,995
+82,601
| +23% | +$789K |
|
1878
Ribbon Communications
RBBN
$363M
| $2.34M | 0.01% |
+770,874
| New | +$2.32M |
|
|
HOFV
1879
DELISTED
Hall of Fame Resort & Entertainment Co
HOFV
| $2.33M | 0.01% |
+14,856
| New | +$2.43M |
|
|
LUNA
1880
DELISTED
Luna Innovations Incorporated
LUNA
| $2.33M | 0.01% |
378,710
-31,125
| -8% | -$230K |
|
|
HTBK
1881
DELISTED
Heritage Commerce
HTBK
| $2.32M | 0.01% |
302,440
-22,562
| -7% | -$239K |
|
1882
Cemex
CX
$15.8B
| $2.32M | 0.01% |
1,093,059
+183,328
| +20% | +$620K |
|
|
DOCU
1883
DocuSign
DOCU
$11.3B
| $2.32M | 0.01% |
25,075
-5,908
| -19% | -$475K |
|
1884
PUT
Ollie's Bargain Outlet
OLLI
$4.49B
| $2.32M | 0.01% |
+50,000
| New | +$2.56M |
|
1885
United Rentals
URI
$65.8B
| $2.32M | 0.01% |
22,520
+6,844
| +44% | +$907K |
|
|
ETRN
1886
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $2.31M | 0.01% |
460,188
-49,207
| -10% | -$431K |
|
1887
PUT
Centene
CNC
$32.3B
| $2.31M | 0.01% |
+38,870
| New | +$2.36M |
|
|
SGEN
1888
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $2.31M | 0.01% |
+20,000
| New | +$2.21M |
|
1889
American International
AIG
$40.2B
| $2.31M | 0.01% |
95,086
-1,165,948
| -92% | -$50M |
|
|
CBAY
1890
DELISTED
Cymabay Therapeutics
CBAY
| $2.31M | 0.01% |
1,557,140
-1,436,505
| -48% | -$2.41M |
|
|
MASI
1891
CALL
DELISTED
Masimo
MASI
| $2.3M | 0.01% |
13,000
+5,000
| +63% | +$858K |
|
1892
Beyond Meat
BYND
$245M
| $2.3M | 0.01% |
1,150
+453
| +65% | +$1.32M |
|
1893
Canadian National Railway
CNI
$77.1B
| $2.3M | 0.01% |
29,596
-500,455
| -94% | -$43.6M |
|
1894
PUT
Corning
GLW
$132B
| $2.3M | 0.01% |
+111,900
| New | +$2.92M |
|
1895
Tennant Co
TNC
$1.2B
| $2.29M | 0.01% |
39,576
-1,589
| -4% | -$117K |
|
|
FSCT
1896
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $2.28M | 0.01% |
72,304
-227,347
| -76% | -$7.11M |
|
1897
JetBlue
JBLU
$1.88B
| $2.28M | 0.01% |
254,265
-820,261
| -76% | -$13.6M |
|
|
SASR
1898
DELISTED
Sandy Spring Bancorp Inc
SASR
| $2.27M | 0.01% |
100,462
-53,121
| -35% | -$1.69M |
|
1899
CALL
Target
TGT
$74.5B
| $2.27M | 0.01% |
+24,400
| New | +$2.71M |
|
1900
PUT
Qorvo
QRVO
$8.39B
| $2.27M | 0.01% |
28,100
-71,900
| -72% | -$7.19M |
|
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.