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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 46.75% |
| 2 | Healthcare | 9.01% |
| 3 | Technology | 7.75% |
| 4 | Financials | 7.01% |
| 5 | Consumer Discretionary | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RUTH
2151
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $3.08M | ﹤0.01% |
377,594
-251,533
| -40% | -$2.19M |
|
2152
Huron Consulting
HURN
$2.57B
| $3.08M | ﹤0.01% |
69,512
+25,825
| +59% | +$1.16M |
|
2153
Sonic Automotive
SAH
$2.52B
| $3.08M | ﹤0.01% |
96,378
+75,622
| +364% | +$1.74M |
|
|
CDK
2154
DELISTED
CDK Global, Inc.
CDK
| $3.07M | ﹤0.01% |
74,175
+34,063
| +85% | +$1.31M |
|
2155
Air Products & Chemicals
APD
$68.4B
| $3.07M | ﹤0.01% |
12,704
-80,331
| -86% | -$18.3M |
|
2156
S&T Bancorp
STBA
$1.77B
| $3.07M | ﹤0.01% |
130,814
+114,158
| +685% | +$2.76M |
|
2157
Q32 Bio
QTTB
$467M
| $3.07M | ﹤0.01% |
11,221
+9,838
| +711% | +$2.62M |
|
|
QTNT
2158
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $3.07M | ﹤0.01% |
10,359
-25,481
| -71% | -$7.34M |
|
2159
Quanex
NX
$901M
| $3.05M | ﹤0.01% |
+219,781
| New | +$2.62M |
|
2160
Tetra Tech
TTEK
$9.39B
| $3.05M | ﹤0.01% |
192,800
-137,595
| -42% | -$2.09M |
|
2161
iShares Biotechnology ETF
IBB
$10.6B
| $3.05M | ﹤0.01% |
22,304
-233,225
| -91% | -$29.7M |
|
2162
CALL
Expeditors International
EXPD
$24.7B
| $3.04M | ﹤0.01% |
+40,000
| New | +$2.92M |
|
2163
Intuitive Surgical
ISRG
$131B
| $3.02M | ﹤0.01% |
15,894
-10,629
| -40% | -$1.91M |
|
2164
HEICO Corp Class A
HEI.A
$34.8B
| $3.02M | ﹤0.01% |
37,107
+26,054
| +236% | +$2.02M |
|
2165
ChargePoint
CHPT
$149M
| $3.01M | ﹤0.01% |
15,000
| – | – |
|
2166
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.7B
| $3.01M | ﹤0.01% |
+49,886
| New | +$2.91M |
|
2167
Cboe Global Markets
CBOE
$32.6B
| $3.01M | ﹤0.01% |
32,279
-55,350
| -63% | -$5.45M |
|
2168
Tenaris
TS
$27.3B
| $3.01M | ﹤0.01% |
232,584
-214,588
| -48% | -$2.84M |
|
2169
Agnico Eagle Mines
AEM
$107B
| $3M | ﹤0.01% |
46,890
-520,268
| -92% | -$30.8M |
|
2170
Sunrun
RUN
$2.16B
| $3M | ﹤0.01% |
152,110
-405,490
| -73% | -$6.21M |
|
2171
Ziff Davis
ZD
$1.93B
| $3M | ﹤0.01% |
54,584
+50,307
| +1,176% | +$3.29M |
|
2172
Evertec
EVTC
$1.78B
| $3M | ﹤0.01% |
106,705
-82,555
| -44% | -$2.19M |
|
2173
iRhythm Holdings
IRTC
$3.82B
| $2.99M | ﹤0.01% |
25,826
-117,542
| -82% | -$13M |
|
2174
Northwest Natural Holdings
NWN
$2.1B
| $2.99M | ﹤0.01% |
53,588
-76,212
| -59% | -$4.66M |
|
|
BCOV
2175
DELISTED
Brightcove, Inc.
BCOV
| $2.99M | ﹤0.01% |
379,350
-62,036
| -14% | -$499K |
|
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Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $10.9B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Miscellaneous at 47% of assets, down from 48% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.