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 | |
|---|---|---|---|---|---|---|
1926
Customers Bancorp
CUBI
$2.67B
| $4.15M | 0.01% |
199,924
+144,810
| +263% | +$2.87M |
|
1927
Global Net Lease
GNL
$2.11B
| $4.14M | 0.01% |
+212,604
| New | +$4.14M |
|
1928
Nomura Holdings
NMR
$29.6B
| $4.14M | 0.01% |
975,493
+928,998
| +1,998% | +$3.53M |
|
1929
LendingTree
TREE
$397M
| $4.14M | 0.01% |
13,341
-45,242
| -77% | -$15.4M |
|
|
AD
1930
Array Digital Infrastructure
AD
$3.07B
| $4.14M | 0.01% |
110,061
+241
| +0.2% | +$9.73K |
|
|
TKKSU
1931
DELISTED
TKK Symphony Acquisition Corporation Unit
TKKSU
| $4.14M | 0.01% |
400,000
| – | – |
|
|
WMGI
1932
CALL
DELISTED
Wright Medical Group Inc
WMGI
| $4.13M | 0.01% |
200,000
-12,300
| -6% | -$293K |
|
|
VIA
1933
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $4.13M | 0.01% |
78,215
-26,515
| -25% | -$1.4M |
|
1934
Encore Capital Group
ECPG
$2.16B
| $4.12M | 0.01% |
123,752
-50,497
| -29% | -$1.77M |
|
1935
The Ensign Group
ENSG
$10.1B
| $4.12M | 0.01% |
92,781
-24,973
| -21% | -$1.24M |
|
1936
Liberty Global Class C
LBTYK
$3.51B
| $4.11M | 0.01% |
172,930
+10,801
| +7% | +$281K |
|
|
HT
1937
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.11M | 0.01% |
276,141
-40,147
| -13% | -$613K |
|
1938
Strategic Education
STRA
$1.9B
| $4.1M | 0.01% |
30,209
+9,107
| +43% | +$1.55M |
|
|
1939
PUT
LyondellBasell Industries
LYB
$20.4B
| $4.1M | 0.01% |
45,800
-2,031,800
| -98% | -$166M |
|
1940
Carriage Services
CSV
$544M
| $4.08M | 0.01% |
199,690
+106,630
| +115% | +$2.21M |
|
1941
PUT
Palo Alto Networks
PANW
$312B
| $4.08M | 0.01% |
+120,000
| New | +$4.25M |
|
|
CHMI
1942
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $4.08M | 0.01% |
311,141
+29,318
| +10% | +$415K |
|
1943
CEVA Inc
CEVA
$800M
| $4.07M | 0.01% |
136,460
-146,897
| -52% | -$4.28M |
|
1944
Veeva Systems
VEEV
$45.8B
| $4.07M | 0.01% |
26,664
-278,409
| -91% | -$44.7M |
|
1945
IBM
IBM
$225B
| $4.07M | 0.01% |
29,275
-93,500
| -76% | -$12.6M |
|
1946
Omega Healthcare
OHI
$14B
| $4.07M | 0.01% |
+97,317
| New | +$3.79M |
|
|
FARM
1947
DELISTED
Farmer Brothers
FARM
| $4.07M | 0.01% |
313,952
+253,387
| +418% | +$3.66M |
|
1948
Sinclair Inc
SBGI
$1.01B
| $4.05M | 0.01% |
94,864
-353,504
| -79% | -$17.1M |
|
1949
Toll Brothers
TOL
$13.4B
| $4.05M | 0.01% |
98,614
+80,187
| +435% | +$2.96M |
|
|
CSII
1950
CALL
DELISTED
Cardiovascular Systems, Inc.
CSII
| $4.04M | 0.01% |
+85,000
| New | +$3.99M |
|
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.