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 |
Linde
LIN
|
+$770M |
| 2 |
PRAH
PRA Health Sciences, Inc.
PRAH
|
+$580M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$391M |
| 4 |
PFPT
Proofpoint, Inc.
PFPT
|
+$322M |
| 5 |
UnitedHealth
UNH
|
+$283M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.21B |
| 2 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$351M |
| 3 |
RP
RealPage, Inc.
RP
|
+$316M |
| 4 |
Shopify
SHOP
|
+$312M |
| 5 |
Boeing
BA
|
+$310M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.24% |
| 2 | Healthcare | 7.69% |
| 3 | Financials | 5.89% |
| 4 | Consumer Discretionary | 5.65% |
| 5 | Industrials | 4.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
PUT
Pinduoduo
PDD
$123B
| $133M | 0.08% |
1,050,500
+410,200
| +64% | +$53.3M |
|
202
SBA Communications
SBAC
$19.5B
| $133M | 0.08% |
418,355
-20,547
| -5% | -$6.16M |
|
203
Alcoa
AA
$13.2B
| $133M | 0.08% |
3,598,068
+3,296,820
| +1,094% | +$120M |
|
204
Darling Ingredients
DAR
$9.82B
| $132M | 0.08% |
1,961,001
+1,902,322
| +3,242% | +$134M |
|
205
Omnicom Group
OMC
$24.4B
| $132M | 0.08% |
1,645,718
+1,037,315
| +170% | +$84.3M |
|
206
Advanced Micro Devices
AMD
$751B
| $131M | 0.08% |
1,395,504
-1,020,395
| -42% | -$82.5M |
|
207
Lithia Motors
LAD
$8.2B
| $131M | 0.08% |
380,193
+369,250
| +3,374% | +$134M |
|
208
Tesla
TSLA
$1.41T
| $130M | 0.08% |
573,930
+227,589
| +66% | +$49.4M |
|
209
Parker-Hannifin
PH
$127B
| $130M | 0.08% |
422,430
+278,619
| +194% | +$86.3M |
|
210
Illinois Tool Works
ITW
$80.6B
| $129M | 0.08% |
578,904
+551,442
| +2,008% | +$126M |
|
211
Target
TGT
$77.5B
| $128M | 0.08% |
531,066
-125,079
| -19% | -$27.4M |
|
212
PUT
Eli Lilly
LLY
$1.11T
| $128M | 0.08% |
558,600
+262,700
| +89% | +$52.8M |
|
|
FTCH
213
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $128M | 0.08% |
2,544,991
+250,778
| +11% | +$11.9M |
|
214
Republic Services
RSG
$68.5B
| $128M | 0.08% |
1,164,389
+266,906
| +30% | +$28.7M |
|
215
CALL
Citigroup
C
$221B
| $128M | 0.08% |
1,809,800
+359,400
| +25% | +$26.6M |
|
216
PUT
Intuit
INTU
$101B
| $128M | 0.08% |
260,900
+13,600
| +5% | +$5.9M |
|
217
JD.com
JD
$39.4B
| $127M | 0.08% |
1,595,482
+1,103,139
| +224% | +$83M |
|
218
EPAM Systems
EPAM
$5.76B
| $127M | 0.08% |
248,610
-130,219
| -34% | -$61M |
|
219
Entergy
ETR
$48.9B
| $126M | 0.08% |
2,533,286
+1,163,138
| +85% | +$61.3M |
|
220
CALL
Visa
V
$711B
| $126M | 0.08% |
539,300
+132,400
| +33% | +$30.3M |
|
221
PENN Entertainment
PENN
$2.47B
| $126M | 0.08% |
1,645,617
+1,102,350
| +203% | +$94.9M |
|
222
Abbott
ABT
$202B
| $125M | 0.08% |
1,077,895
-16,744
| -2% | -$1.95M |
|
223
Chevron
CVX
$397B
| $125M | 0.08% |
1,192,110
+943,109
| +379% | +$99.6M |
|
224
Norfolk Southern
NSC
$78.7B
| $124M | 0.08% |
466,936
+424,528
| +1,001% | +$117M |
|
225
CALL
McDonald's
MCD
$193B
| $124M | 0.08% |
535,600
+430,300
| +409% | +$100M |
|
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Israel Englander's Q2 2021 Portfolio in Review
As of Q2 2021, Israel Englander held 7,530 positions worth $163B, up 17% from $140B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $13.3B of net new capital in Q2 2021, opening 1,692 new positions and adding to 2,343 existing holdings. Its largest new stake was SiteOne Landscape Supply: 609,104 shares worth $103M.
By sector, the portfolio is most concentrated in Technology at 8.2% of assets, down from 9.6% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Apple, an estimated $1.21B trimmed.
- Israel Englander's largest Q2 2021 buy was SiteOne Landscape Supply: 609,104 shares worth $103M.
- Israel Englander added most to Linde in Q2 2021, an estimated $770M increase.
- Israel Englander's biggest Q2 2021 reduction was Apple, cutting an estimated $1.21B.
- Israel Englander fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $351M.
- Israel Englander's ten largest holdings make up 20% of its $163B portfolio in Q2 2021.
- Israel Englander opened 1,692 new positions and closed 1,075 in Q2 2021.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $163B.
Based on Millennium Management's 13F filing for Q2 2021, filed 16 Aug 2021.