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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.19% |
| 2 | Healthcare | 7.18% |
| 3 | Consumer Discretionary | 7.09% |
| 4 | Financials | 5.3% |
| 5 | Industrials | 4.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
General Motors
GM
$77.2B
| $113M | 0.08% |
2,722,963
+2,311,346
| +562% | +$89.9M |
|
177
Cummins
CMI
$80.9B
| $113M | 0.08% |
497,703
+357,944
| +256% | +$80.4M |
|
|
IPHI
178
DELISTED
INPHI CORPORATION
IPHI
| $113M | 0.08% |
703,156
+569,821
| +427% | +$80.1M |
|
179
Gilead Sciences
GILD
$181B
| $113M | 0.08% |
1,936,148
+1,820,911
| +1,580% | +$110M |
|
|
PAYAW
180
CALL
DELISTED
Paya Holdings Inc. Warrant
PAYAW
| $113M | 0.08% |
+8,303,737
| New | +$22.8M |
|
181
Las Vegas Sands
LVS
$30.5B
| $111M | 0.08% |
1,870,771
+1,582,461
| +549% | +$84.4M |
|
182
Advance Auto Parts
AAP
$2.57B
| $111M | 0.08% |
704,324
+560,398
| +389% | +$86.4M |
|
183
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $111M | 0.08% |
2,131,800
+518,000
| +32% | +$23.7M |
|
184
Costco
COST
$420B
| $110M | 0.08% |
292,453
+149,054
| +104% | +$55.7M |
|
185
CALL
International Flavors & Fragrances
IFF
$21.5B
| $110M | 0.08% |
1,012,300
+993,400
| +5,256% | +$111M |
|
186
Celanese
CE
$5.14B
| $110M | 0.08% |
845,439
+696,437
| +467% | +$86.6M |
|
|
BBL
187
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $110M | 0.08% |
2,070,349
+584,656
| +39% | +$26.8M |
|
188
C.H. Robinson
CHRW
$16.5B
| $110M | 0.08% |
1,168,295
+1,156,358
| +9,687% | +$110M |
|
189
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $110M | 0.08% |
3,029,600
-85,200
| -3% | -$2.92M |
|
190
Broadcom
AVGO
$1.75T
| $109M | 0.08% |
2,492,030
+2,327,590
| +1,415% | +$90.7M |
|
191
PUT
Applied Materials
AMAT
$391B
| $109M | 0.08% |
1,263,500
+395,300
| +46% | +$29.2M |
|
192
Blackstone
BX
$108B
| $109M | 0.08% |
1,676,644
-831,541
| -33% | -$48.4M |
|
193
PUT
IBM
IBM
$222B
| $109M | 0.08% |
902,698
+537,539
| +147% | +$62.1M |
|
194
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $108M | 0.08% |
1,233,436
+947,649
| +332% | +$81.1M |
|
195
NIO
NIO
$11.6B
| $107M | 0.08% |
2,205,386
-3,194,160
| -59% | -$124M |
|
196
Pfizer
PFE
$160B
| $107M | 0.08% |
2,908,066
+1,516,687
| +109% | +$55.6M |
|
197
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $107M | 0.08% |
2,299,700
+620,500
| +37% | +$28.3M |
|
198
American Express
AXP
$227B
| $106M | 0.08% |
880,433
+693,445
| +371% | +$76.8M |
|
199
Prologis
PLD
$135B
| $106M | 0.08% |
1,060,333
+950,575
| +866% | +$96.1M |
|
200
Zimmer Biomet
ZBH
$19.3B
| $105M | 0.08% |
705,161
+309,540
| +78% | +$43.7M |
|
Similar funds
Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Israel Englander's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Israel Englander's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Israel Englander fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Israel Englander's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Israel Englander opened 1,518 new positions and closed 754 in Q4 2020.
- Israel Englander's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.