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 | |
|---|---|---|---|---|---|---|
1976
Zions Bancorporation
ZION
$9.91B
| $3.78M | 0.01% |
111,162
-404,468
| -78% | -$12.8M |
|
|
LAND
1977
Gladstone Land Corp
LAND
$383M
| $3.78M | 0.01% |
238,126
+124,914
| +110% | +$1.75M |
|
1978
Ryman Hospitality Properties
RHP
$8.91B
| $3.78M | 0.01% |
109,127
+13,715
| +14% | +$455K |
|
1979
First Citizens BancShares
FCNCA
$24.4B
| $3.77M | 0.01% |
9,320
+7,188
| +337% | +$2.63M |
|
|
HI
1980
DELISTED
Hillenbrand
HI
| $3.77M | 0.01% |
139,196
+67,601
| +94% | +$1.53M |
|
|
GWB
1981
DELISTED
Great Western Bancorp, Inc.
GWB
| $3.77M | 0.01% |
273,709
+241,531
| +751% | +$3.83M |
|
1982
CALL
Aecom
ACM
$8.52B
| $3.76M | 0.01% |
100,000
+80,900
| +424% | +$2.9M |
|
|
HCCOW
1983
CALL
DELISTED
Healthcare Merger Corp. Warrants
HCCOW
| $3.76M | 0.01% |
375,000
| – | – |
|
1984
KALA BIO
KALA
$15.7M
| $3.75M | 0.01% |
143
-194
| -58% | -$5.5M |
|
|
PR
1985
Permian Resources
PR
$19.4B
| $3.75M | 0.01% |
4,210,543
+3,657,028
| +661% | +$3.22M |
|
1986
SLM Corp
SLM
$5.03B
| $3.75M | 0.01% |
+532,663
| New | +$3.98M |
|
1987
Illumina
ILMN
$34.4B
| $3.74M | 0.01% |
+10,383
| New | +$3.34M |
|
1988
Brink's
BCO
$4.51B
| $3.74M | 0.01% |
82,134
-5,628
| -6% | -$256K |
|
1989
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$46.9B
| $3.74M | 0.01% |
+22,800
| New | +$3.75M |
|
1990
Viasat
VSAT
$10B
| $3.74M | 0.01% |
97,415
+75,947
| +354% | +$3.09M |
|
|
ALE
1991
DELISTED
Allete
ALE
| $3.73M | 0.01% |
68,344
+51,484
| +305% | +$2.92M |
|
1992
CALL
Northrop Grumman
NOC
$77.4B
| $3.72M | 0.01% |
12,100
-800
| -6% | -$262K |
|
1993
Accenture
ACN
$115B
| $3.72M | 0.01% |
17,305
-113,870
| -87% | -$21.5M |
|
1994
UBS Group
UBS
$166B
| $3.7M | 0.01% |
320,954
+219,336
| +216% | +$2.26M |
|
1995
iShares Russell 1000 ETF
IWB
$49.2B
| $3.7M | 0.01% |
+21,568
| New | +$3.49M |
|
1996
Kemper
KMPR
$1.63B
| $3.7M | 0.01% |
50,989
-50,565
| -50% | -$3.38M |
|
1997
CALL
Sherwin-Williams
SHW
$83.8B
| $3.7M | 0.01% |
+19,200
| New | +$3.46M |
|
|
KIN
1998
DELISTED
Kindred Biosciences, Inc.
KIN
| $3.69M | 0.01% |
+821,752
| New | +$3.67M |
|
1999
Hormel Foods
HRL
$11.7B
| $3.68M | 0.01% |
+76,282
| New | +$3.64M |
|
|
NBSE
2000
DELISTED
NeuBase Therapeutics, Inc. Common Stock
NBSE
| $3.68M | 0.01% |
20,966
+19,794
| +1,689% | +$3.31M |
|
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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.