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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 47.74% |
| 2 | Healthcare | 11.91% |
| 3 | Technology | 7.43% |
| 4 | Financials | 6.52% |
| 5 | Consumer Discretionary | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LOGM
2301
DELISTED
LogMein, Inc.
LOGM
| $1.23M | ﹤0.01% |
14,772
-318,889
| -96% | -$26.9M |
|
|
PINE
2302
Alpine Income Property Trust
PINE
$346M
| $1.23M | ﹤0.01% |
99,770
+51,092
| +105% | +$875K |
|
2303
GrowGeneration
GRWG
$97.8M
| $1.23M | ﹤0.01% |
321,445
+310,730
| +2,900% | +$1.45M |
|
2304
Gossamer Bio
GOSS
$83.2M
| $1.22M | ﹤0.01% |
120,635
-88,046
| -42% | -$1.15M |
|
2305
Texas Capital Bancshares
TCBI
$4.26B
| $1.22M | ﹤0.01% |
+55,232
| New | +$2.56M |
|
2306
Usana Health Sciences
USNA
$261M
| $1.22M | ﹤0.01% |
+21,149
| New | +$1.47M |
|
2307
IBM
IBM
$225B
| $1.22M | ﹤0.01% |
11,489
-7,245
| -39% | -$916K |
|
2308
Paylocity
PCTY
$8.39B
| $1.22M | ﹤0.01% |
13,795
+8,349
| +153% | +$1.05M |
|
2309
Zillow
ZG
$8.17B
| $1.22M | ﹤0.01% |
+35,799
| New | +$1.64M |
|
|
OPRA
2310
Opera Ltd
OPRA
$1.73B
| $1.22M | ﹤0.01% |
226,255
+90,202
| +66% | +$650K |
|
|
AKCA
2311
DELISTED
Akcea Therapeutics Inc
AKCA
| $1.21M | ﹤0.01% |
84,871
+2,225
| +3% | +$36.5K |
|
|
WW
2312
DELISTED
WW International
WW
| $1.21M | ﹤0.01% |
71,715
-455,472
| -86% | -$14.2M |
|
2313
HP
HPQ
$26.7B
| $1.21M | ﹤0.01% |
69,791
-4,216,628
| -98% | -$85.3M |
|
|
WDR
2314
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $1.21M | ﹤0.01% |
105,965
-54,734
| -34% | -$816K |
|
|
CGC
2315
Canopy Growth
CGC
$454M
| $1.2M | ﹤0.01% |
8,344
-10,279
| -55% | -$1.93M |
|
2316
PENN Entertainment
PENN
$2.33B
| $1.2M | ﹤0.01% |
94,825
-449,847
| -83% | -$11.3M |
|
|
SPTN
2317
DELISTED
SpartanNash
SPTN
| $1.2M | ﹤0.01% |
83,637
-96,794
| -54% | -$1.24M |
|
2318
PUT
Global Payments
GPN
$24.5B
| $1.2M | ﹤0.01% |
8,300
-3,000
| -27% | -$548K |
|
2319
Helix Energy Solutions
HLX
$1.49B
| $1.2M | ﹤0.01% |
729,834
+516,169
| +242% | +$3.4M |
|
2320
Popular Inc
BPOP
$10.8B
| $1.19M | ﹤0.01% |
34,127
-916,421
| -96% | -$45.4M |
|
|
MEET
2321
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $1.19M | ﹤0.01% |
203,057
+94,532
| +87% | +$539K |
|
|
DFS
2322
CALL
DELISTED
Discover Financial Services
DFS
| $1.19M | ﹤0.01% |
+33,400
| New | +$2.21M |
|
2323
Ovid Therapeutics
OVID
$572M
| $1.19M | ﹤0.01% |
398,958
+79,121
| +25% | +$267K |
|
2324
Harvard Bioscience
HBIO
$36M
| $1.18M | ﹤0.01% |
53,523
+2,571
| +5% | +$69.7K |
|
2325
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.1B
| $1.18M | ﹤0.01% |
23,608
+16,235
| +220% | +$825K |
|
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Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $20.8B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 48% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.