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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 18.04% |
| 2 | Healthcare | 13.57% |
| 3 | Technology | 12.05% |
| 4 | Financials | 10.74% |
| 5 | Consumer Discretionary | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2176
Oshkosh
OSK
$9.68B
| $2.76M | ﹤0.01% |
36,692
-370,828
| -91% | -$27.4M |
|
2177
Wolverine World Wide
WWW
$1.62B
| $2.74M | ﹤0.01% |
76,624
+39,322
| +105% | +$1.37M |
|
2178
PUT
Caterpillar
CAT
$376B
| $2.74M | ﹤0.01% |
+20,200
| New | +$2.68M |
|
2179
Commerce Bancshares
CBSH
$8.33B
| $2.74M | ﹤0.01% |
66,332
+60,829
| +1,105% | +$2.6M |
|
2180
SolarEdge
SEDG
$2.06B
| $2.73M | ﹤0.01% |
72,549
-27,627
| -28% | -$1.1M |
|
|
XLRN
2181
DELISTED
Acceleron Pharma
XLRN
| $2.72M | ﹤0.01% |
+58,384
| New | +$2.56M |
|
2182
Booz Allen Hamilton
BAH
$9.01B
| $2.72M | ﹤0.01% |
46,729
-265,397
| -85% | -$13.8M |
|
|
WCG
2183
PUT
DELISTED
Wellcare Health Plans, Inc.
WCG
| $2.7M | ﹤0.01% |
+10,000
| New | +$2.58M |
|
2184
Five Point Holdings
FPH
$366M
| $2.69M | ﹤0.01% |
373,817
-74,324
| -17% | -$559K |
|
|
EA
2185
CALL
DELISTED
Electronic Arts
EA
| $2.69M | ﹤0.01% |
26,500
+22,200
| +516% | +$2.1M |
|
2186
Movado Group
MOV
$770M
| $2.69M | ﹤0.01% |
+73,974
| New | +$2.48M |
|
2187
Mueller Water Products
MWA
$3.86B
| $2.69M | ﹤0.01% |
267,685
-933,962
| -78% | -$9.39M |
|
2188
Mativ Holdings
MATV
$672M
| $2.68M | ﹤0.01% |
+69,250
| New | +$2.36M |
|
2189
PennantPark Floating Rate Capital
PFLT
$738M
| $2.68M | ﹤0.01% |
208,957
+193,712
| +1,271% | +$2.49M |
|
|
JBTM
2190
JBT Marel
JBTM
$6.12B
| $2.67M | ﹤0.01% |
+29,034
| New | +$2.45M |
|
2191
Quanterix
QTRX
$125M
| $2.66M | ﹤0.01% |
103,149
+35,680
| +53% | +$797K |
|
2192
Virtus Investment Partners
VRTS
$1.12B
| $2.66M | ﹤0.01% |
+27,303
| New | +$2.58M |
|
2193
CALL
LyondellBasell Industries
LYB
$20.4B
| $2.66M | ﹤0.01% |
31,600
-2,300
| -7% | -$199K |
|
2194
Flotek Industries
FTK
$884M
| $2.65M | ﹤0.01% |
136,198
-66,902
| -33% | -$1.09M |
|
2195
Lantheus
LNTH
$6.56B
| $2.65M | ﹤0.01% |
108,113
+4,896
| +5% | +$97.9K |
|
|
HZNP
2196
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $2.64M | ﹤0.01% |
100,000
+75,000
| +300% | +$1.78M |
|
2197
CALL
Danaher
DHR
$152B
| $2.64M | ﹤0.01% |
22,560
+5,640
| +33% | +$578K |
|
|
ONC
2198
BeOne Medicines Ltd
ONC
$42.1B
| $2.64M | ﹤0.01% |
19,968
+13,276
| +198% | +$1.79M |
|
2199
Globus Medical
GMED
$11.1B
| $2.63M | ﹤0.01% |
+53,264
| New | +$2.41M |
|
2200
Gates Industrial Corp
GTES
$6.68B
| $2.63M | ﹤0.01% |
183,464
-74,593
| -29% | -$1.13M |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $10.1B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 18% of assets, up from 11% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.