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 | |
|---|---|---|---|---|---|---|
2026
CALL
CONMED
CNMD
$1.51B
| $3.6M | ﹤0.01% |
+50,000
| New | +$3.48M |
|
2027
Compugen
CGEN
$261M
| $3.59M | ﹤0.01% |
239,059
+106,609
| +80% | +$1.44M |
|
2028
AngioDynamics
ANGO
$652M
| $3.59M | ﹤0.01% |
+352,977
| New | +$3.64M |
|
2029
Carriage Services
CSV
$544M
| $3.59M | ﹤0.01% |
198,062
-79,485
| -29% | -$1.34M |
|
|
WRI
2030
DELISTED
Weingarten Realty Investors
WRI
| $3.58M | ﹤0.01% |
189,101
-225,166
| -54% | -$3.94M |
|
2031
Green Brick Partners
GRBK
$3.13B
| $3.57M | ﹤0.01% |
301,212
+280,926
| +1,385% | +$2.69M |
|
2032
Teck Resources
TECK
$34.6B
| $3.57M | ﹤0.01% |
342,424
-113,291
| -25% | -$1.04M |
|
|
MIME
2033
DELISTED
Mimecast Limited
MIME
| $3.56M | ﹤0.01% |
85,481
-203,476
| -70% | -$7.99M |
|
2034
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.52B
| $3.55M | ﹤0.01% |
+100,000
| New | +$3.23M |
|
2035
iShares National Muni Bond ETF
MUB
$45.5B
| $3.55M | ﹤0.01% |
+30,755
| New | +$3.49M |
|
|
WBS
2036
DELISTED
Webster Financial
WBS
| $3.55M | ﹤0.01% |
123,937
-478,175
| -79% | -$12.7M |
|
|
SPLK
2037
PUT
DELISTED
Splunk Inc
SPLK
| $3.54M | ﹤0.01% |
+17,800
| New | +$2.82M |
|
|
LADR
2038
Ladder Capital
LADR
$1.25B
| $3.53M | ﹤0.01% |
436,271
-1,386,235
| -76% | -$10.4M |
|
2039
CALL
Honeywell
HON
$69.9B
| $3.53M | ﹤0.01% |
25,888
+18,461
| +249% | +$2.44M |
|
2040
Tactile Systems Technology
TCMD
$523M
| $3.53M | ﹤0.01% |
+85,161
| New | +$3.99M |
|
|
KBAL
2041
DELISTED
Kimball International
KBAL
| $3.5M | ﹤0.01% |
+302,655
| New | +$3.46M |
|
2042
National Fuel Gas
NFG
$7.88B
| $3.5M | ﹤0.01% |
83,378
-62,986
| -43% | -$2.57M |
|
2043
Host Hotels & Resorts
HST
$15.3B
| $3.49M | ﹤0.01% |
+323,802
| New | +$3.72M |
|
|
EB
2044
DELISTED
Eventbrite
EB
| $3.49M | ﹤0.01% |
407,561
+322,093
| +377% | +$2.84M |
|
2045
Camden Property Trust
CPT
$12.2B
| $3.49M | ﹤0.01% |
38,226
-744,821
| -95% | -$65.9M |
|
2046
PUT
General Dynamics
GD
$103B
| $3.48M | ﹤0.01% |
23,300
+11,700
| +101% | +$1.65M |
|
2047
AC Immune
ACIU
$269M
| $3.48M | ﹤0.01% |
517,236
-8,443
| -2% | -$61.4K |
|
2048
First Financial Bankshares
FFIN
$4.74B
| $3.48M | ﹤0.01% |
120,433
-155,559
| -56% | -$4.37M |
|
|
TBCH
2049
Turtle Beach Corp
TBCH
$232M
| $3.48M | ﹤0.01% |
236,372
+169,677
| +254% | +$1.75M |
|
2050
G-III Apparel Group
GIII
$1.41B
| $3.48M | ﹤0.01% |
261,717
-862,923
| -77% | -$9.53M |
|
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.