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 | |
|---|---|---|---|---|---|---|
2126
Fortis
FTS
$28B
| $1.63M | ﹤0.01% |
+42,243
| New | +$1.73M |
|
2127
Insulet
PODD
$9.95B
| $1.63M | ﹤0.01% |
9,823
-242,742
| -96% | -$44.4M |
|
2128
Alerian MLP ETF
AMLP
$13.4B
| $1.62M | ﹤0.01% |
94,281
-187,480
| -67% | -$6.35M |
|
2129
News Corp Class A
NWSA
$16.8B
| $1.62M | ﹤0.01% |
180,637
+165,319
| +1,079% | +$2.08M |
|
2130
CALL
Pinduoduo
PDD
$121B
| $1.62M | ﹤0.01% |
45,000
+39,000
| +650% | +$1.42M |
|
2131
Schrodinger
SDGR
$1.53B
| $1.62M | ﹤0.01% |
+37,558
| New | +$1.42M |
|
2132
ePlus
PLUS
$2.29B
| $1.62M | ﹤0.01% |
51,636
-50,766
| -50% | -$1.93M |
|
|
SRTAW
2133
CALL
DELISTED
Strata Critical Medical Inc Warrants
SRTAW
| $1.61M | ﹤0.01% |
+166,666
| New | +$156K |
|
2134
ACM Research
ACMR
$5.61B
| $1.61M | ﹤0.01% |
163,224
+54,291
| +50% | +$585K |
|
|
KRA
2135
DELISTED
Kraton Corporation
KRA
| $1.61M | ﹤0.01% |
198,432
+168,784
| +569% | +$2.51M |
|
2136
CALL
Howmet Aerospace
HWM
$107B
| $1.61M | ﹤0.01% |
130,400
| – | – |
|
|
LGF.B
2137
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $1.6M | ﹤0.01% |
287,605
+174,452
| +154% | +$1.46M |
|
2138
TFI International
TFII
$11.2B
| $1.6M | ﹤0.01% |
+72,607
| New | +$1.96M |
|
|
FRGI
2139
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $1.6M | ﹤0.01% |
397,875
+5,769
| +1% | +$50.4K |
|
2140
Upland Software
UPLD
$13.7M
| $1.6M | ﹤0.01% |
5,969
-6,302
| -51% | -$2.28M |
|
2141
SITE Centers
SITC
$156M
| $1.6M | ﹤0.01% |
393,395
+74,299
| +23% | +$644K |
|
|
HOLI
2142
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $1.6M | ﹤0.01% |
123,985
-151,845
| -55% | -$2.23M |
|
|
BNFT
2143
DELISTED
Benefitfocus, Inc.
BNFT
| $1.6M | ﹤0.01% |
179,182
+115,760
| +183% | +$1.76M |
|
2144
Banco Santander Chile
BSAC
$16.4B
| $1.6M | ﹤0.01% |
105,518
-16,675
| -14% | -$318K |
|
2145
Robert Half
RHI
$4.6B
| $1.59M | ﹤0.01% |
42,134
+38,634
| +1,104% | +$2.09M |
|
2146
Group 1 Automotive
GPI
$3.12B
| $1.59M | ﹤0.01% |
35,929
-11,837
| -25% | -$997K |
|
2147
Champion Homes
SKY
$4.89B
| $1.58M | ﹤0.01% |
101,030
-83,495
| -45% | -$2.23M |
|
|
BMTC
2148
DELISTED
Bryn Mawr Bank Corp
BMTC
| $1.58M | ﹤0.01% |
+55,763
| New | +$1.96M |
|
2149
PUT
Take-Two Interactive
TTWO
$43.6B
| $1.58M | ﹤0.01% |
13,300
-89,700
| -87% | -$10.6M |
|
2150
Digital Turbine
APPS
$1.38B
| $1.57M | ﹤0.01% |
365,069
-457,712
| -56% | -$2.83M |
|
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.