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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 47.74% |
| 2 | Healthcare | 11.91% |
| 3 | Technology | 7.43% |
| 4 | Financials | 6.52% |
| 5 | Consumer Discretionary | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
Axos Financial
AX
$5.52B
| $1.85M | ﹤0.01% |
101,827
+44,861
| +79% | +$1.13M |
|
|
GPMT
2052
Granite Point Mortgage Trust
GPMT
$52.1M
| $1.84M | ﹤0.01% |
362,984
+348,356
| +2,381% | +$5.27M |
|
2053
CALL
NetApp
NTAP
$37.4B
| $1.84M | ﹤0.01% |
44,100
-42,700
| -49% | -$2.21M |
|
2054
Ranpak Holdings
PACK
$431M
| $1.84M | ﹤0.01% |
293,424
+209,845
| +251% | +$1.61M |
|
2055
CryoPort
CYRX
$839M
| $1.84M | ﹤0.01% |
107,563
-860
| -0.8% | -$15.1K |
|
2056
Kosmos Energy
KOS
$1.71B
| $1.84M | ﹤0.01% |
2,049,889
+1,022,666
| +100% | +$4.06M |
|
|
VAL
2057
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $1.83M | ﹤0.01% |
4,073,369
+4,061,011
| +32,861% | +$15.6M |
|
|
ARYAW
2058
CALL
DELISTED
ARYA Sciences Acquisiton Corp. Warrant
ARYAW
| $1.83M | ﹤0.01% |
+180,000
| New | +$355K |
|
2059
PUT
Edwards Lifesciences
EW
$51.8B
| $1.83M | ﹤0.01% |
29,100
-264,000
| -90% | -$19M |
|
2060
PUT
CarMax
KMX
$8.89B
| $1.82M | ﹤0.01% |
33,800
-55,600
| -62% | -$4.7M |
|
2061
American Airlines Group
AAL
$9.08B
| $1.82M | ﹤0.01% |
149,075
-90,552
| -38% | -$2.06M |
|
2062
PUT
Elevance Health
ELV
$86.6B
| $1.82M | ﹤0.01% |
8,000
+6,400
| +400% | +$1.74M |
|
2063
Nelnet
NNI
$4.56B
| $1.81M | ﹤0.01% |
39,948
+15,777
| +65% | +$850K |
|
2064
Generac Holdings
GNRC
$11.6B
| $1.81M | ﹤0.01% |
19,429
+11,467
| +144% | +$1.18M |
|
2065
CALL
Mercado Libre
MELI
$97.9B
| $1.81M | ﹤0.01% |
+3,700
| New | +$2.28M |
|
|
MDP
2066
DELISTED
Meredith Corporation
MDP
| $1.81M | ﹤0.01% |
147,854
-110,578
| -43% | -$2.94M |
|
|
BPMC
2067
DELISTED
Blueprint Medicines
BPMC
| $1.8M | ﹤0.01% |
+30,780
| New | +$1.98M |
|
2068
York Water
YORW
$547M
| $1.79M | ﹤0.01% |
+41,147
| New | +$1.87M |
|
2069
Arista Networks
ANET
$254B
| $1.78M | ﹤0.01% |
140,992
+14,048
| +11% | +$182K |
|
2070
American Vanguard Corp
AVD
$64.3M
| $1.78M | ﹤0.01% |
+123,346
| New | +$2.05M |
|
2071
Winmark
WINA
$1.2B
| $1.78M | ﹤0.01% |
13,970
-6,858
| -33% | -$1.29M |
|
2072
XPEL
XPEL
$1.4B
| $1.78M | ﹤0.01% |
177,385
+121,817
| +219% | +$1.65M |
|
|
SPNS
2073
DELISTED
Sapiens International
SPNS
| $1.77M | ﹤0.01% |
93,162
-55,589
| -37% | -$1.27M |
|
2074
PTC Therapeutics
PTCT
$5.99B
| $1.77M | ﹤0.01% |
39,682
-40,159
| -50% | -$2.02M |
|
|
ESGR
2075
DELISTED
Enstar Group
ESGR
| $1.77M | ﹤0.01% |
+11,123
| New | +$2.04M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $20.8B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 48% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.