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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 46.75% |
| 2 | Healthcare | 9.01% |
| 3 | Technology | 7.75% |
| 4 | Financials | 7.01% |
| 5 | Consumer Discretionary | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Ingevity
NGVT
$2.4B
| $4.02M | 0.01% |
76,478
-71,308
| -48% | -$3.38M |
|
|
THCA
1927
DELISTED
Tuscan Holdings Corp. II Common Stock
THCA
| $4.02M | 0.01% |
400,000
| – | – |
|
|
RC
1928
Ready Capital
RC
$306M
| $4.02M | 0.01% |
462,492
+276,749
| +149% | +$1.88M |
|
1929
Travelers Companies
TRV
$77B
| $4.01M | 0.01% |
35,131
+30,699
| +693% | +$3.24M |
|
1930
FB Financial Corp
FBK
$2.88B
| $4M | 0.01% |
+161,624
| New | +$3.6M |
|
|
ATNX
1931
DELISTED
Athenex, Inc. Common Stock
ATNX
| $4M | 0.01% |
14,534
+13,770
| +1,802% | +$2.91M |
|
1932
Vroom Inc
VRM
$47.7M
| $4M | 0.01% |
+958
| New | +$3.72M |
|
1933
Matsons
MATX
$6.64B
| $3.99M | 0.01% |
+137,143
| New | +$3.94M |
|
1934
Aaon
AAON
$6.44B
| $3.99M | 0.01% |
110,202
-124,290
| -53% | -$4.18M |
|
|
EIGI
1935
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $3.99M | 0.01% |
988,974
-98,045
| -9% | -$289K |
|
1936
Virgin Galactic
SPCE
$455M
| $3.98M | 0.01% |
12,190
+1,370
| +13% | +$450K |
|
1937
CALL
American Electric Power
AEP
$66.8B
| $3.98M | 0.01% |
+50,000
| New | +$4.08M |
|
|
ECOM
1938
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $3.98M | 0.01% |
251,401
+127,262
| +103% | +$1.47M |
|
1939
Arlo Technologies
ARLO
$1.41B
| $3.98M | 0.01% |
1,542,270
+5,860
| +0.4% | +$14.2K |
|
1940
Skywest
SKYW
$3.84B
| $3.98M | 0.01% |
121,926
-305,174
| -71% | -$9.03M |
|
1941
Alector
ALEC
$267M
| $3.98M | 0.01% |
162,636
+108,961
| +203% | +$3.01M |
|
1942
LyondellBasell Industries
LYB
$20.4B
| $3.97M | 0.01% |
60,419
-275,196
| -82% | -$16.4M |
|
1943
Golar LNG
GLNG
$5.26B
| $3.96M | 0.01% |
547,489
-131,470
| -19% | -$912K |
|
1944
CALL
Arista Networks
ANET
$254B
| $3.95M | 0.01% |
+300,800
| New | +$4.07M |
|
|
AAT
1945
American Assets Trust
AAT
$1.38B
| $3.94M | 0.01% |
141,698
-308,997
| -69% | -$8.46M |
|
|
SRC
1946
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $3.94M | 0.01% |
+112,958
| New | +$3.42M |
|
1947
Children's Place
PLCE
$54.5M
| $3.93M | 0.01% |
105,018
+95,011
| +949% | +$3.23M |
|
|
EBSB
1948
DELISTED
Meridian Bancorp, Inc.
EBSB
| $3.93M | 0.01% |
338,815
+75,214
| +29% | +$835K |
|
1949
Genworth Financial
GNW
$3.75B
| $3.92M | 0.01% |
1,699,340
-258,157
| -13% | -$812K |
|
|
BPFH
1950
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $3.92M | 0.01% |
+570,215
| New | +$3.99M |
|
Similar funds
Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $10.9B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Miscellaneous at 47% of assets, down from 48% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.