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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 38.21% |
| 2 | Healthcare | 10.45% |
| 3 | Technology | 8.65% |
| 4 | Financials | 8.6% |
| 5 | Consumer Discretionary | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MGLN
2276
CALL
DELISTED
Magellan Health Services, Inc.
MGLN
| $3.13M | ﹤0.01% |
+40,000
| New | +$2.81M |
|
|
FFG
2277
DELISTED
FBL Financial Group
FFG
| $3.13M | ﹤0.01% |
53,103
+39,539
| +291% | +$2.28M |
|
2278
Chewy
CHWY
$9.52B
| $3.12M | ﹤0.01% |
107,718
+7,126
| +7% | +$182K |
|
2279
CALL
Oneok
OKE
$59.7B
| $3.12M | ﹤0.01% |
41,200
+1,500
| +4% | +$107K |
|
|
DBVT
2280
DBV Technologies
DBVT
$851M
| $3.12M | ﹤0.01% |
+29,124
| New | +$2.33M |
|
2281
Navigator Holdings
NVGS
$1.36B
| $3.11M | ﹤0.01% |
230,637
+197,712
| +600% | +$2.34M |
|
2282
PUT
ResMed
RMD
$34.7B
| $3.1M | ﹤0.01% |
20,000
+10,000
| +100% | +$1.44M |
|
|
IOTS
2283
DELISTED
Adesto Technologies Corp
IOTS
| $3.1M | ﹤0.01% |
364,280
-199,392
| -35% | -$1.57M |
|
|
GLOG
2284
DELISTED
GASLOG LTD
GLOG
| $3.09M | ﹤0.01% |
316,012
+83,951
| +36% | +$955K |
|
|
TEN
2285
Tsakos Energy Navigation Ltd
TEN
$1.28B
| $3.09M | ﹤0.01% |
141,780
+134,906
| +1,963% | +$2.47M |
|
|
LVOXU
2286
DELISTED
LiveVox Holding, Inc. Unit
LVOXU
| $3.09M | ﹤0.01% |
300,000
| – | – |
|
2287
F5
FFIV
$22.3B
| $3.08M | ﹤0.01% |
22,083
-243,202
| -92% | -$34.3M |
|
2288
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $3.08M | ﹤0.01% |
26,615
+4,914
| +23% | +$546K |
|
2289
WD-40
WDFC
$2.91B
| $3.08M | ﹤0.01% |
15,862
+5,541
| +54% | +$1.04M |
|
2290
Collegium Pharmaceutical
COLL
$786M
| $3.08M | ﹤0.01% |
+149,575
| New | +$2.49M |
|
2291
CALL
Howmet Aerospace
HWM
$106B
| $3.08M | ﹤0.01% |
130,400
-130,400
| -50% | -$2.91M |
|
2292
Donnelley Financial Solutions
DFIN
$1.19B
| $3.07M | ﹤0.01% |
293,599
+243,555
| +487% | +$2.55M |
|
2293
California Water Service
CWT
$3.12B
| $3.07M | ﹤0.01% |
59,563
+41,580
| +231% | +$2.17M |
|
2294
iShares US Home Construction ETF
ITB
$2.25B
| $3.07M | ﹤0.01% |
69,111
-88,542
| -56% | -$3.95M |
|
|
LKFT
2295
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.89B
| $3.07M | ﹤0.01% |
+14,827
| New | +$2.74M |
|
2296
Sixth Street Specialty
TSLX
$1.79B
| $3.06M | ﹤0.01% |
142,653
-195,091
| -58% | -$4.15M |
|
|
HFRO
2297
Highland Opportunities and Income Fund
HFRO
$409M
| $3.05M | ﹤0.01% |
+245,261
| New | +$2.95M |
|
|
SAQNU
2298
DELISTED
Software Acquisition Group Inc. Unit
SAQNU
| $3.05M | ﹤0.01% |
+300,000
| New | +$3.03M |
|
2299
CALL
Axalta
AXTA
$7.92B
| $3.04M | ﹤0.01% |
100,000
-561,300
| -85% | -$16.5M |
|
2300
Walker & Dunlop
WD
$1.42B
| $3.04M | ﹤0.01% |
46,994
+34,887
| +288% | +$2.21M |
|
Similar funds
Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $4.28B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Miscellaneous at 38% of assets, up from 28% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.