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 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Lumentum
LITE
$77.7B
| $64.2M | 0.09% |
788,667
+778,353
| +7,547% | +$59.3M |
|
202
Hershey
HSY
$37.5B
| $64.1M | 0.09% |
494,805
+451,186
| +1,034% | +$60.7M |
|
203
Crown Castle
CCI
$32.1B
| $63.8M | 0.09% |
380,998
+91,966
| +32% | +$14.8M |
|
204
PUT
Chipotle Mexican Grill
CMG
$46.7B
| $63.7M | 0.09% |
3,025,000
-230,000
| -7% | -$4.26M |
|
205
American Electric Power
AEP
$65.8B
| $63.4M | 0.09% |
796,625
+252,342
| +46% | +$20.6M |
|
206
PUT
Gilead Sciences
GILD
$181B
| $63.1M | 0.09% |
819,600
-36,800
| -4% | -$2.82M |
|
|
GSAH.U
207
DELISTED
GS Acquisition Holdings Corp II Units, each consisting of one share of Class A Common Stock and one-
GSAH.U
| $63.1M | 0.09% |
+6,000,000
| New | +$63.1M |
|
|
208
CALL
Merck
MRK
$376B
| $62.9M | 0.09% |
852,653
+425,069
| +99% | +$32M |
|
209
PUT
Boeing
BA
$169B
| $62.2M | 0.09% |
339,200
+4,000
| +1% | +$615K |
|
210
PNC Financial Services
PNC
$97B
| $62.1M | 0.09% |
590,644
+569,558
| +2,701% | +$60M |
|
211
CALL
Visa
V
$693B
| $62M | 0.08% |
320,800
+11,400
| +4% | +$2.08M |
|
212
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $62M | 0.08% |
1,613,800
-733,900
| -31% | -$26.8M |
|
213
Domino's
DPZ
$11.3B
| $61.5M | 0.08% |
166,357
+157,015
| +1,681% | +$57.8M |
|
214
Las Vegas Sands
LVS
$30.5B
| $61.5M | 0.08% |
1,349,425
+1,156,296
| +599% | +$54.3M |
|
215
PUT
Chevron
CVX
$403B
| $61M | 0.08% |
683,500
+177,600
| +35% | +$15.9M |
|
216
PUT
Applied Materials
AMAT
$391B
| $61M | 0.08% |
1,008,900
+303,400
| +43% | +$16.4M |
|
217
CenterPoint Energy
CNP
$25.5B
| $60.5M | 0.08% |
3,241,634
+1,995,006
| +160% | +$34.4M |
|
218
CACI
CACI
$14.3B
| $60.3M | 0.08% |
278,129
+274,206
| +6,990% | +$65.5M |
|
219
Zoetis
ZTS
$32.1B
| $60.2M | 0.08% |
439,384
+296,842
| +208% | +$38.8M |
|
220
Kraft Heinz
KHC
$30.3B
| $60.1M | 0.08% |
1,885,524
+1,116,075
| +145% | +$33.5M |
|
|
AMTD
221
DELISTED
TD Ameritrade Holding Corp
AMTD
| $60M | 0.08% |
1,648,773
+1,422,087
| +627% | +$53.5M |
|
222
Goldman Sachs
GS
$303B
| $59.9M | 0.08% |
303,101
-266,377
| -47% | -$50M |
|
223
Chubb
CB
$132B
| $59.7M | 0.08% |
471,667
+446,413
| +1,768% | +$51.7M |
|
224
Darden Restaurants
DRI
$25.2B
| $59.7M | 0.08% |
787,470
+341,677
| +77% | +$24.2M |
|
225
Performance Food Group
PFGC
$16.5B
| $59.6M | 0.08% |
2,046,144
+1,503,009
| +277% | +$39.1M |
|
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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 $17.6B 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 Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
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.