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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 52.25% |
| 2 | Healthcare | 9.18% |
| 3 | Consumer Discretionary | 6.93% |
| 4 | Technology | 6.31% |
| 5 | Industrials | 5.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
iShares Latin America 40 ETF
ILF
$3.76B
| $3.57M | ﹤0.01% |
169,532
+130,850
| +338% | +$2.96M |
|
2077
AdaptHealth
AHCO
$774M
| $3.57M | ﹤0.01% |
163,614
+144,477
| +755% | +$3.03M |
|
2078
Designer Brands
DBI
$278M
| $3.57M | ﹤0.01% |
656,843
-171,963
| -21% | -$1.11M |
|
|
HOUS
2079
DELISTED
Anywhere Real Estate
HOUS
| $3.56M | ﹤0.01% |
377,009
-14,163
| -4% | -$136K |
|
2080
PUT
Cigna
CI
$73.4B
| $3.56M | ﹤0.01% |
21,000
-54,000
| -72% | -$9.5M |
|
2081
Franklin Electric
FELE
$4.52B
| $3.55M | ﹤0.01% |
60,409
+22,254
| +58% | +$1.26M |
|
2082
Clearwater Paper
CLW
$340M
| $3.55M | ﹤0.01% |
93,635
+5,608
| +6% | +$201K |
|
2083
CALL
Portland General Electric
POR
$5.86B
| $3.55M | ﹤0.01% |
+100,000
| New | +$4M |
|
2084
Vanguard Dividend Appreciation ETF
VIG
$113B
| $3.55M | ﹤0.01% |
27,589
+25,801
| +1,443% | +$3.25M |
|
2085
Alkermes
ALKS
$8.2B
| $3.55M | ﹤0.01% |
214,151
-787,074
| -79% | -$14.3M |
|
|
KRTX
2086
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $3.55M | ﹤0.01% |
45,872
+34,275
| +296% | +$2.92M |
|
2087
Ingles Markets
IMKTA
$1.56B
| $3.54M | ﹤0.01% |
93,037
-27,865
| -23% | -$1.12M |
|
2088
PUT
MetLife
MET
$61.2B
| $3.54M | ﹤0.01% |
95,200
-4,500
| -5% | -$171K |
|
2089
CALL
Northrop Grumman
NOC
$77.4B
| $3.53M | ﹤0.01% |
11,200
-900
| -7% | -$293K |
|
2090
Yelp
YELP
$1.22B
| $3.53M | ﹤0.01% |
175,860
+159,682
| +987% | +$3.64M |
|
|
ERESU
2091
DELISTED
East Resources Acquisition Company Unit
ERESU
| $3.53M | ﹤0.01% |
+350,000
| New | +$3.5M |
|
2092
PUT
Marriott International
MAR
$92.3B
| $3.53M | ﹤0.01% |
38,100
-51,900
| -58% | -$4.9M |
|
|
SWAV
2093
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $3.53M | ﹤0.01% |
46,516
-491,541
| -91% | -$27.9M |
|
|
HPP
2094
Hudson Pacific Properties
HPP
$736M
| $3.52M | ﹤0.01% |
22,949
-33,815
| -60% | -$5.57M |
|
|
QUOT
2095
DELISTED
Quotient Technology Inc
QUOT
| $3.52M | ﹤0.01% |
+477,244
| New | +$3.87M |
|
2096
Fortune Brands Innovations
FBIN
$5.41B
| $3.52M | ﹤0.01% |
47,558
-4,308
| -8% | -$288K |
|
|
ECHO
2097
EchoStar
ECHO
$25.1B
| $3.52M | ﹤0.01% |
141,242
+4,444
| +3% | +$124K |
|
2098
Delta Air Lines
DAL
$53.4B
| $3.52M | ﹤0.01% |
114,931
-263,101
| -70% | -$7.59M |
|
2099
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $3.51M | ﹤0.01% |
59,154
-53,922
| -48% | -$3.19M |
|
2100
Central Garden & Pet Co
CENT
$2.74B
| $3.51M | ﹤0.01% |
109,793
+58,498
| +114% | +$1.83M |
|
Similar funds
Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2B, up 11% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2020 filing shows 989 new, 1,503 increased, 1,793 reduced and 724 closed positions. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M. The largest sale was JPMorgan Chase, an estimated $278M.
By sector, the portfolio is most concentrated in Miscellaneous at 52% of assets, up from 47% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M.
- Israel Englander added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Israel Englander's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Israel Englander fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Israel Englander's ten largest holdings make up 18% of its $81.2B portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value rose 11% quarter-over-quarter to $81.2B.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.