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 |
L3Harris
LHX
|
+$282M |
| 2 |
Ameren
AEE
|
+$239M |
| 3 |
Restaurant Brands International
QSR
|
+$192M |
| 4 |
Lowe's Companies
LOW
|
+$190M |
| 5 |
Las Vegas Sands
LVS
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LyondellBasell Industries
LYB
|
+$441M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$429M |
| 3 |
LLL
L3 Technologies, Inc.
LLL
|
+$412M |
| 4 |
RHT
Red Hat Inc
RHT
|
+$399M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 28.11% |
| 2 | Healthcare | 11.62% |
| 3 | Financials | 10.42% |
| 4 | Technology | 9.63% |
| 5 | Consumer Discretionary | 8.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BLUE
2201
PUT
DELISTED
bluebird bio
BLUE
| $2.75M | ﹤0.01% |
+2,316
| New | +$3.54M |
|
2202
PUT
Workday
WDAY
$49.8B
| $2.75M | ﹤0.01% |
+16,200
| New | +$3.13M |
|
2203
Gilead Sciences
GILD
$182B
| $2.75M | ﹤0.01% |
43,419
-2,165,249
| -98% | -$142M |
|
2204
Hilton Grand Vacations
HGV
$3.42B
| $2.74M | ﹤0.01% |
85,644
+71,044
| +487% | +$2.23M |
|
2205
PUT
Becton Dickinson
BDX
$51.5B
| $2.73M | ﹤0.01% |
11,070
-31,365
| -74% | -$7.74M |
|
2206
CALL
Allogene Therapeutics
ALLO
$701M
| $2.73M | ﹤0.01% |
+100,000
| New | +$2.85M |
|
2207
WesBanco
WSBC
$3.89B
| $2.72M | ﹤0.01% |
72,909
-312,437
| -81% | -$11.3M |
|
2208
CALL
OGE Energy
OGE
$9.5B
| $2.72M | ﹤0.01% |
60,000
-40,000
| -40% | -$1.73M |
|
|
ACGN
2209
DELISTED
Aceragen Inc
ACGN
| $2.72M | ﹤0.01% |
55,475
-968
| -2% | -$42.5K |
|
|
IPHS
2210
DELISTED
Innophos Holdings, Inc.
IPHS
| $2.72M | ﹤0.01% |
83,852
+57,112
| +214% | +$1.65M |
|
|
VRN
2211
DELISTED
Veren
VRN
| $2.72M | ﹤0.01% |
638,446
-2,007,903
| -76% | -$6.95M |
|
2212
CALL
Align Technology
ALGN
$11.2B
| $2.71M | ﹤0.01% |
15,000
-45,000
| -75% | -$9.36M |
|
|
HES
2213
DELISTED
Hess
HES
| $2.71M | ﹤0.01% |
44,869
+36,533
| +438% | +$2.28M |
|
|
GNMK
2214
DELISTED
GenMark Diagnostics, Inc
GNMK
| $2.71M | ﹤0.01% |
447,721
-99,542
| -18% | -$621K |
|
|
PRA
2215
DELISTED
ProAssurance
PRA
| $2.71M | ﹤0.01% |
67,181
-14,026
| -17% | -$543K |
|
2216
Enel Chile
ENIC
$6.1B
| $2.7M | ﹤0.01% |
642,493
-190,852
| -23% | -$838K |
|
2217
Qorvo
QRVO
$8.36B
| $2.7M | ﹤0.01% |
36,466
+31,082
| +577% | +$2.26M |
|
2218
PUT
Acuity Brands
AYI
$10B
| $2.69M | ﹤0.01% |
+20,000
| New | +$2.61M |
|
|
AVYA
2219
CALL
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $2.69M | ﹤0.01% |
+263,300
| New | +$3.09M |
|
2220
Quaker Houghton
KWR
$2.9B
| $2.69M | ﹤0.01% |
+16,992
| New | +$2.91M |
|
|
2221
CALL
LyondellBasell Industries
LYB
$20.3B
| $2.68M | ﹤0.01% |
30,000
-3,200
| -10% | -$261K |
|
2222
Saratoga Investment
SAR
$296M
| $2.68M | ﹤0.01% |
+108,466
| New | +$2.68M |
|
|
NIHD
2223
DELISTED
NII Holdings, Inc. Common Stock
NIHD
| $2.68M | ﹤0.01% |
1,368,317
-349,048
| -20% | -$613K |
|
2224
First Trust Nasdaq Bank ETF
FTXO
$304M
| $2.67M | ﹤0.01% |
+104,438
| New | +$2.62M |
|
2225
CALL
Ross Stores
ROST
$73.7B
| $2.67M | ﹤0.01% |
+24,300
| New | +$2.56M |
|
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Israel Englander's Q3 2019 Portfolio in Review
As of Q3 2019, Israel Englander held 4,833 positions worth $63.3B, down 4.9% from $66.5B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Israel Englander withdrew a net $4.18B in Q3 2019, closing 727 positions and reducing 1,651 holdings. Its most notable exit was Worldpay, Inc., an estimated $429M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 28% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Israel Englander opened a new position in L3Harris worth $288M.
- Israel Englander's largest Q3 2019 buy was L3Harris: 1,378,220 shares worth $288M.
- Israel Englander added most to Ameren in Q3 2019, an estimated $239M increase.
- Israel Englander's biggest Q3 2019 reduction was LyondellBasell Industries, cutting an estimated $441M.
- Israel Englander fully exited Worldpay, Inc. in Q3 2019, selling an estimated $429M.
- Israel Englander's ten largest holdings make up 7.2% of its $63.3B portfolio in Q3 2019.
- Israel Englander opened 843 new positions and closed 727 in Q3 2019.
- Israel Englander's portfolio value fell 4.9% quarter-over-quarter to $63.3B.
Based on Millennium Management's 13F filing for Q3 2019, filed 14 Nov 2019.