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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 18.04% |
| 2 | Healthcare | 13.57% |
| 3 | Technology | 12.05% |
| 4 | Financials | 10.74% |
| 5 | Consumer Discretionary | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2301
PUT
First Trust Health Care AlphaDEX Fund
FXH
$1.16B
| $2.29M | ﹤0.01% |
+30,000
| New | +$2.24M |
|
2302
CALL
Skyworks Solutions
SWKS
$10.1B
| $2.28M | ﹤0.01% |
+27,600
| New | +$2.13M |
|
|
QVCGA
2303
DELISTED
QVC Group Inc Series A
QVCGA
| $2.28M | ﹤0.01% |
2,934
-14,611
| -83% | -$14.1M |
|
|
TBCH
2304
Turtle Beach Corp
TBCH
$232M
| $2.27M | ﹤0.01% |
200,269
+181,118
| +946% | +$2.73M |
|
|
DLA
2305
DELISTED
Delta Apparel Inc.
DLA
| $2.27M | ﹤0.01% |
102,390
+30,611
| +43% | +$688K |
|
2306
Alamo Group
ALG
$2B
| $2.27M | ﹤0.01% |
22,726
+271
| +1% | +$24.4K |
|
2307
Bank of America Series L
BAC.PRL
$3.95B
| $2.27M | ﹤0.01% |
+1,741
| New | +$2.25M |
|
2308
Quad
QUAD
$518M
| $2.26M | ﹤0.01% |
189,748
-30,264
| -14% | -$406K |
|
2309
CALL
Idexx Laboratories
IDXX
$42.9B
| $2.24M | ﹤0.01% |
+10,000
| New | +$2.06M |
|
|
AVDR
2310
DELISTED
Avedro, Inc Common Stock
AVDR
| $2.23M | ﹤0.01% |
+182,059
| New | +$2.28M |
|
2311
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $2.23M | ﹤0.01% |
217,668
+15,209
| +8% | +$153K |
|
|
CMBT
2312
CMB.TECH NV
CMBT
$5.3B
| $2.23M | ﹤0.01% |
273,869
+46,862
| +21% | +$368K |
|
2313
Grupo Aval
AVAL
$6.34B
| $2.23M | ﹤0.01% |
286,068
-93,042
| -25% | -$669K |
|
2314
CarGurus
CARG
$3.24B
| $2.23M | ﹤0.01% |
55,624
-447,855
| -89% | -$17.5M |
|
2315
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.91B
| $2.23M | ﹤0.01% |
+75,000
| New | +$2.22M |
|
2316
State Street Energy Select Sector SPDR ETF
XLE
$40.9B
| $2.22M | ﹤0.01% |
67,174
-18,826
| -22% | -$605K |
|
|
SCAC
2317
DELISTED
Saban Capital Acquisition Corp. Class A Ordinary Share
SCAC
| $2.22M | ﹤0.01% |
215,663
-74,337
| -26% | -$760K |
|
2318
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $2.21M | ﹤0.01% |
42,200
+21,666
| +106% | +$1.12M |
|
|
CURO
2319
DELISTED
CURO Group Holdings Corp.
CURO
| $2.21M | ﹤0.01% |
+219,796
| New | +$2.4M |
|
|
VRS
2320
DELISTED
Verso Corporation
VRS
| $2.2M | ﹤0.01% |
102,778
-383,918
| -79% | -$8.86M |
|
2321
Methode Electronics
MEI
$631M
| $2.2M | ﹤0.01% |
+76,429
| New | +$2.09M |
|
2322
First Busey Corp
BUSE
$2.49B
| $2.2M | ﹤0.01% |
90,067
+67,483
| +299% | +$1.75M |
|
2323
CACI
CACI
$14B
| $2.19M | ﹤0.01% |
12,050
-23,195
| -66% | -$3.95M |
|
2324
CorMedix
CRMD
$648M
| $2.18M | ﹤0.01% |
230,923
+225,125
| +3,883% | +$2.03M |
|
2325
CALL
Marriott International
MAR
$92.3B
| $2.17M | ﹤0.01% |
22,600
+11,000
| +95% | +$1.29M |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $10.1B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 18% of assets, up from 11% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.