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 | Healthcare | 11.62% |
| 2 | Financials | 10.42% |
| 3 | Technology | 9.63% |
| 4 | Consumer Discretionary | 8.71% |
| 5 | Industrials | 8.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
PUT
Walmart Inc
WMT
$835B
| $76.3M | 0.12% |
1,929,900
+1,903,200
| +7,128% | +$71.8M |
|
177
PUT
Morgan Stanley
MS
$338B
| $76.3M | 0.12% |
1,787,300
+1,010,100
| +130% | +$43.2M |
|
178
Raymond James Financial
RJF
$34B
| $76M | 0.12% |
1,382,357
-461,587
| -25% | -$25.1M |
|
179
PUT
iShares MSCI Brazil ETF
EWZ
$8.12B
| $75.8M | 0.12% |
1,799,900
+746,700
| +71% | +$32.2M |
|
|
GRA
180
DELISTED
W.R. Grace & Co.
GRA
| $75.7M | 0.12% |
1,133,492
+612,766
| +118% | +$42.9M |
|
181
PUT
State Street SPDR S&P Retail ETF
XRT
$328M
| $75.5M | 0.12% |
1,779,200
+800,000
| +82% | +$33.2M |
|
|
PRAH
182
DELISTED
PRA Health Sciences, Inc.
PRAH
| $75.5M | 0.12% |
760,496
+645,649
| +562% | +$64.1M |
|
183
Churchill Downs
CHDN
$6.51B
| $75.3M | 0.12% |
1,220,586
+74,076
| +6% | +$4.47M |
|
184
CALL
iShares Biotechnology ETF
IBB
$10.6B
| $75.3M | 0.12% |
756,400
-186,700
| -20% | -$19.5M |
|
185
JetBlue
JBLU
$1.86B
| $75.1M | 0.12% |
4,482,298
+1,121,396
| +33% | +$20.3M |
|
186
Saic
SAIC
$5.36B
| $73.8M | 0.12% |
844,589
+546,291
| +183% | +$46.4M |
|
187
Tyson Foods
TSN
$20.5B
| $73.5M | 0.12% |
852,682
+198,999
| +30% | +$16.9M |
|
188
State Street
STT
$52.1B
| $73.4M | 0.12% |
1,240,039
+689,693
| +125% | +$38.2M |
|
189
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $73.4M | 0.12% |
2,266,200
+1,966,200
| +655% | +$60.7M |
|
190
Labcorp
LH
$27.4B
| $73.1M | 0.12% |
506,388
-325,729
| -39% | -$47.5M |
|
191
Global Payments
GPN
$25.2B
| $72.1M | 0.11% |
453,627
+452,327
| +34,794% | +$73.8M |
|
192
Natera
NTRA
$47.2B
| $71.9M | 0.11% |
2,191,733
+87,563
| +4% | +$2.59M |
|
193
Chubb
CB
$134B
| $71.4M | 0.11% |
442,370
+336,710
| +319% | +$52.1M |
|
194
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.85B
| $71.4M | 0.11% |
2,453,400
+421,400
| +21% | +$12.1M |
|
|
EE
195
DELISTED
El Paso Electric Company
EE
| $71M | 0.11% |
1,057,816
+243,737
| +30% | +$16.2M |
|
196
American International
AIG
$40.5B
| $70.7M | 0.11% |
1,269,163
+627,095
| +98% | +$34.7M |
|
197
Williams Companies
WMB
$86.1B
| $70.5M | 0.11% |
2,930,307
-1,341,152
| -31% | -$33.8M |
|
198
KBR
KBR
$4.78B
| $70.3M | 0.11% |
2,864,754
+268,082
| +10% | +$6.81M |
|
|
WBC
199
DELISTED
WABCO HOLDINGS INC.
WBC
| $70.1M | 0.11% |
524,461
-107,416
| -17% | -$14.3M |
|
200
Motorola Solutions
MSI
$80B
| $69.7M | 0.11% |
409,011
+238,111
| +139% | +$40.9M |
|
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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's Q3 2019 filing shows 843 new, 1,522 increased, 1,651 reduced and 727 closed positions. Its largest new stake was L3Harris: 1,378,220 shares worth $288M. The largest sale was LyondellBasell Industries, an estimated $441M.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, down from 13% a quarter earlier, followed by Financials and Technology.
- 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.