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 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$190M |
| 2 |
MNTA
Momenta Pharmaceuticals, Inc.
MNTA
|
+$178M |
| 3 |
Meta Platforms (Facebook)
META
|
+$172M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$169M |
| 5 |
Microsoft
MSFT
|
+$166M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$278M |
| 2 |
Intel
INTC
|
+$223M |
| 3 |
PPLI
People Inc
PPLI
|
+$210M |
| 4 |
Mastercard
MA
|
+$210M |
| 5 |
Honeywell
HON
|
+$188M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 52.25% |
| 2 | Healthcare | 9.18% |
| 3 | Consumer Discretionary | 6.93% |
| 4 | Technology | 6.31% |
| 5 | Industrials | 5.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CMA
2276
DELISTED
Comerica
CMA
| $2.82M | ﹤0.01% |
73,804
-147,268
| -67% | -$5.66M |
|
|
COWN
2277
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.82M | ﹤0.01% |
173,522
-325,120
| -65% | -$5.53M |
|
|
CCXX.U
2278
DELISTED
Churchill Capital Corp III Units, each consisting of one share of Class A Common Stock and one-fourt
CCXX.U
| $2.82M | ﹤0.01% |
268,500
-1,834,283
| -87% | -$21.1M |
|
2279
GATX Corp
GATX
$6.3B
| $2.82M | ﹤0.01% |
44,252
-23,165
| -34% | -$1.47M |
|
|
GOOD
2280
Gladstone Commercial Corp
GOOD
$628M
| $2.82M | ﹤0.01% |
167,415
-107,677
| -39% | -$1.96M |
|
2281
Commercial Metals
CMC
$7.61B
| $2.82M | ﹤0.01% |
141,105
-79,798
| -36% | -$1.66M |
|
|
RWT
2282
Redwood Trust
RWT
$582M
| $2.81M | ﹤0.01% |
+374,256
| New | +$2.65M |
|
|
IAA
2283
DELISTED
IAA, Inc. Common Stock
IAA
| $2.81M | ﹤0.01% |
54,004
-30,752
| -36% | -$1.43M |
|
2284
PUT
Advance Auto Parts
AAP
$2.63B
| $2.81M | ﹤0.01% |
+18,300
| New | +$2.76M |
|
2285
Acco Brands
ACCO
$396M
| $2.81M | ﹤0.01% |
484,318
+366,386
| +311% | +$2.4M |
|
2286
Verrica Pharmaceuticals
VRCA
$87.1M
| $2.81M | ﹤0.01% |
+36,297
| New | +$2.97M |
|
2287
Regal Rexnord
RRX
$10.9B
| $2.81M | ﹤0.01% |
29,879
-46,449
| -61% | -$4.4M |
|
2288
Teleflex
TFX
$5.84B
| $2.8M | ﹤0.01% |
8,234
+6,123
| +290% | +$2.27M |
|
2289
Sabesp
SBS
$17B
| $2.8M | ﹤0.01% |
1,740,919
-248,777
| -13% | -$484K |
|
2290
Aptiv
APTV
$9.43B
| $2.79M | ﹤0.01% |
30,448
-7,288
| -19% | -$612K |
|
2291
CALL
Broadridge
BR
$20.9B
| $2.79M | ﹤0.01% |
+21,100
| New | +$2.82M |
|
2292
LXP Industrial Trust
LXP
$3.6B
| $2.78M | ﹤0.01% |
53,240
+50,463
| +1,817% | +$2.8M |
|
|
CNR
2293
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $2.78M | ﹤0.01% |
348,032
+304,608
| +701% | +$2.16M |
|
2294
Vanguard FTSE Europe ETF
VGK
$31B
| $2.77M | ﹤0.01% |
52,903
+43,531
| +464% | +$2.32M |
|
|
TGH
2295
DELISTED
Textainer Group Holdings limited
TGH
| $2.77M | ﹤0.01% |
+195,675
| New | +$2.1M |
|
|
ABMD
2296
CALL
DELISTED
Abiomed Inc
ABMD
| $2.77M | ﹤0.01% |
10,000
+5,000
| +100% | +$1.44M |
|
2297
Federated Hermes
FHI
$4.84B
| $2.77M | ﹤0.01% |
128,797
-300,202
| -70% | -$7.12M |
|
2298
iShares MSCI Switzerland ETF
EWL
$2.42B
| $2.76M | ﹤0.01% |
+67,305
| New | +$2.78M |
|
2299
Warrior Met Coal
HCC
$5.72B
| $2.76M | ﹤0.01% |
161,648
+52,489
| +48% | +$852K |
|
2300
Towne Bank
TOWN
$3.45B
| $2.76M | ﹤0.01% |
168,107
+80,508
| +92% | +$1.43M |
|
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Israel Englander's Q3 2020 Portfolio in Review
As of Q3 2020, Israel Englander held 5,106 positions worth $81.2B, up 11% from $73B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2020 filing shows 989 new, 1,503 increased, 1,793 reduced and 724 closed positions. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M. The largest sale was JPMorgan Chase, an estimated $278M.
By sector, the portfolio is most concentrated in Miscellaneous at 52% of assets, up from 47% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Israel Englander's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 5,275,934 shares worth $120M.
- Israel Englander added most to Varian Medical Systems, Inc. in Q3 2020, an estimated $190M increase.
- Israel Englander's biggest Q3 2020 reduction was JPMorgan Chase, cutting an estimated $278M.
- Israel Englander fully exited Tech Data Corp in Q3 2020, selling an estimated $186M.
- Israel Englander's ten largest holdings make up 18% of its $81.2B portfolio in Q3 2020.
- Israel Englander opened 989 new positions and closed 724 in Q3 2020.
- Israel Englander's portfolio value rose 11% quarter-over-quarter to $81.2B.
Based on Millennium Management's 13F filing for Q3 2020, filed 16 Nov 2020.