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 | |
|---|---|---|---|---|---|---|
|
GSKY
2151
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $1.57M | ﹤0.01% |
410,867
+343,700
| +512% | +$2.55M |
|
|
STEL
2152
DELISTED
Stellar Bancorp
STEL
| $1.57M | ﹤0.01% |
88,276
-76,949
| -47% | -$2.01M |
|
|
MSC
2153
Studio City International Holdings
MSC
$341M
| $1.57M | ﹤0.01% |
77,584
| – | – |
|
2154
Argan
AGX
$6.45B
| $1.57M | ﹤0.01% |
45,312
-12,095
| -21% | -$502K |
|
2155
CRH
CRH
$63.6B
| $1.57M | ﹤0.01% |
+58,330
| New | +$2M |
|
|
PARA
2156
DELISTED
Paramount Global Class B
PARA
| $1.56M | ﹤0.01% |
111,425
-1,240,582
| -92% | -$35.6M |
|
2157
Astrana Health
ASTH
$1.91B
| $1.56M | ﹤0.01% |
120,618
-49,865
| -29% | -$814K |
|
2158
Realty Income
O
$58.5B
| $1.56M | ﹤0.01% |
32,225
-563,345
| -95% | -$39.2M |
|
2159
Brinker International
EAT
$10B
| $1.55M | ﹤0.01% |
129,360
+57,752
| +81% | +$1.94M |
|
2160
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $1.55M | ﹤0.01% |
16,361
-227,871
| -93% | -$23.9M |
|
|
PBCT
2161
DELISTED
People's United Financial Inc
PBCT
| $1.55M | ﹤0.01% |
+140,283
| New | +$2.08M |
|
2162
Enpro
NPO
$6.53B
| $1.55M | ﹤0.01% |
39,144
-100,465
| -72% | -$5.54M |
|
2163
VanEck Junior Gold Miners ETF
GDXJ
$9.92B
| $1.55M | ﹤0.01% |
+55,077
| New | +$2.09M |
|
2164
PUT
Simon Property Group
SPG
$69.5B
| $1.55M | ﹤0.01% |
+28,200
| New | +$3.37M |
|
2165
CALL
Autodesk
ADSK
$57.1B
| $1.54M | ﹤0.01% |
+9,900
| New | +$1.82M |
|
|
BECN
2166
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $1.54M | ﹤0.01% |
93,015
-574,569
| -86% | -$16.7M |
|
2167
Universal Technical Institute
UTI
$1.19B
| $1.54M | ﹤0.01% |
258,343
+160,082
| +163% | +$1.13M |
|
2168
St. Joe Company
JOE
$3.87B
| $1.54M | ﹤0.01% |
+91,534
| New | +$1.82M |
|
|
PRTY
2169
DELISTED
Party City Holdco Inc.
PRTY
| $1.54M | ﹤0.01% |
3,350,912
+44,742
| +1% | +$91.9K |
|
2170
PUT
General Dynamics
GD
$103B
| $1.53M | ﹤0.01% |
+11,600
| New | +$1.93M |
|
|
RDFN
2171
DELISTED
Redfin
RDFN
| $1.52M | ﹤0.01% |
+98,744
| New | +$2.3M |
|
|
DFS
2172
PUT
DELISTED
Discover Financial Services
DFS
| $1.52M | ﹤0.01% |
+42,600
| New | +$2.82M |
|
|
BPYU
2173
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $1.52M | ﹤0.01% |
179,059
-410,478
| -70% | -$6.66M |
|
2174
Okta
OKTA
$30.1B
| $1.51M | ﹤0.01% |
12,381
-227,724
| -95% | -$28.6M |
|
|
ICAD
2175
DELISTED
iCAD Inc
ICAD
| $1.51M | ﹤0.01% |
205,965
+184,722
| +870% | +$1.8M |
|
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.