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 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$261M |
| 2 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$241M |
| 3 |
IMMU
Immunomedics Inc
IMMU
|
+$234M |
| 4 |
Keurig Dr Pepper
KDP
|
+$173M |
| 5 |
FedEx
FDX
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 50.21% |
| 2 | Technology | 11.19% |
| 3 | Healthcare | 7.18% |
| 4 | Consumer Discretionary | 7.09% |
| 5 | Financials | 5.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2026
CALL
Fox Factory Holding Corp
FOXF
$887M
| $7.52M | 0.01% |
+71,100
| New | +$6.46M |
|
2027
Certara
CERT
$1.28B
| $7.49M | 0.01% |
+221,986
| New | +$8.13M |
|
2028
Peloton Interactive
PTON
$2.33B
| $7.48M | 0.01% |
49,295
-80,117
| -62% | -$9.76M |
|
|
CIT
2029
PUT
DELISTED
CIT Group Inc.
CIT
| $7.47M | 0.01% |
+208,200
| New | +$6.57M |
|
|
CMLFU
2030
DELISTED
CM Life Sciences, Inc. Unit
CMLFU
| $7.45M | 0.01% |
642,321
-1,989,997
| -76% | -$21.4M |
|
2031
GCM Grosvenor
GCMG
$836M
| $7.45M | 0.01% |
559,139
+326,229
| +140% | +$3.62M |
|
2032
Marten Transport
MRTN
$1.18B
| $7.45M | 0.01% |
432,132
-14,936
| -3% | -$256K |
|
2033
Enanta Pharmaceuticals
ENTA
$402M
| $7.44M | 0.01% |
176,769
+50,856
| +40% | +$2.24M |
|
2034
iShares MSCI USA Momentum Factor ETF
MTUM
$24.7B
| $7.44M | 0.01% |
46,109
+37,175
| +416% | +$5.7M |
|
2035
Simon Property Group
SPG
$69.5B
| $7.44M | 0.01% |
87,190
+68,849
| +375% | +$5.26M |
|
2036
Aflac
AFL
$58.4B
| $7.42M | 0.01% |
166,871
-164,742
| -50% | -$6.74M |
|
2037
Banco Santander
SAN
$212B
| $7.41M | 0.01% |
2,429,211
+2,313,592
| +2,001% | +$5.86M |
|
2038
iShares 20+ Year Treasury Bond ETF
TLT
$46.9B
| $7.41M | 0.01% |
46,946
-11,364
| -19% | -$1.8M |
|
|
RBAC.U
2039
DELISTED
RedBall Acquisition Corp. Units, each consisting of one Class A ordinary share and one-third of one
RBAC.U
| $7.4M | 0.01% |
640,003
-3,859,997
| -86% | -$42.4M |
|
2040
Revolution Medicines
RVMD
$47.4B
| $7.38M | 0.01% |
+186,429
| New | +$7.37M |
|
2041
CALL
GSK
GSK
$101B
| $7.36M | 0.01% |
160,000
+40,000
| +33% | +$1.84M |
|
2042
Tractor Supply
TSCO
$18.1B
| $7.36M | 0.01% |
261,620
-1,655,870
| -86% | -$46.3M |
|
2043
Beam Global
BEEM
$34.6M
| $7.35M | 0.01% |
99,660
+88,374
| +783% | +$2.45M |
|
|
CSII
2044
DELISTED
Cardiovascular Systems, Inc.
CSII
| $7.35M | 0.01% |
167,868
+63,124
| +60% | +$2.38M |
|
2045
Adient
ADNT
$1.45B
| $7.33M | 0.01% |
210,898
-611,169
| -74% | -$17.2M |
|
2046
Analog Devices
ADI
$181B
| $7.33M | 0.01% |
49,606
-416,881
| -89% | -$55.3M |
|
2047
PUT
Petrobras
PBR
$118B
| $7.33M | 0.01% |
652,500
-155,800
| -19% | -$1.38M |
|
2048
Cavco Industries
CVCO
$4.39B
| $7.31M | 0.01% |
41,665
+40,327
| +3,014% | +$7.48M |
|
2049
British American Tobacco
BTI
$121B
| $7.28M | 0.01% |
194,049
+128,139
| +194% | +$4.59M |
|
2050
CALL
Align Technology
ALGN
$11.3B
| $7.27M | 0.01% |
13,600
-4,000
| -23% | -$1.8M |
|
Similar funds
Israel Englander's Q4 2020 Portfolio in Review
As of Q4 2020, Israel Englander held 5,904 positions worth $138B, up 71% from $81.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $25B 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 Miscellaneous at 50% of assets, down from 52% a quarter earlier, followed by Technology and Healthcare.
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 Momenta Pharmaceuticals, Inc. in Q4 2020, selling an estimated $261M.
- 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 71% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.