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 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 46.75% |
| 2 | Healthcare | 9.01% |
| 3 | Technology | 7.75% |
| 4 | Financials | 7.01% |
| 5 | Consumer Discretionary | 6.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2301
CRH
CRH
$63.4B
| $2.56M | ﹤0.01% |
74,539
+16,209
| +28% | +$500K |
|
|
FLG
2302
Flagstar Bank National Association
FLG
$5.59B
| $2.56M | ﹤0.01% |
+83,547
| New | +$2.51M |
|
2303
BWX Technologies
BWXT
$14B
| $2.55M | ﹤0.01% |
45,099
-12,504
| -22% | -$699K |
|
2304
PUT
FedEx
FDX
$78B
| $2.55M | ﹤0.01% |
18,200
+400
| +2% | +$50.3K |
|
2305
First Trust Enhanced Short Maturity ETF
FTSM
$6.53B
| $2.55M | ﹤0.01% |
+42,500
| New | +$2.54M |
|
2306
Stagwell
STGW
$2.17B
| $2.55M | ﹤0.01% |
1,226,038
+1,190,268
| +3,328% | +$1.58M |
|
|
EXPCU
2307
DELISTED
Experience Investment Corp. Unit
EXPCU
| $2.55M | ﹤0.01% |
250,000
-100
| -0% | -$1K |
|
2308
CALL
Applied Materials
AMAT
$370B
| $2.54M | ﹤0.01% |
42,100
-40,100
| -49% | -$2.16M |
|
2309
CALL
Abbott
ABT
$194B
| $2.54M | ﹤0.01% |
27,800
-279,900
| -91% | -$25.3M |
|
|
LTC
2310
LTC Properties
LTC
$2.19B
| $2.54M | ﹤0.01% |
67,399
-260,107
| -79% | -$9.26M |
|
|
WW
2311
PUT
DELISTED
WW International
WW
| $2.54M | ﹤0.01% |
+100,000
| New | +$2.33M |
|
2312
Pinnacle West Capital
PNW
$11.8B
| $2.53M | ﹤0.01% |
34,530
-186
| -0.5% | -$14K |
|
2313
CALL
General Motors
GM
$75.7B
| $2.53M | ﹤0.01% |
100,000
+74,500
| +292% | +$1.81M |
|
|
ALUS
2314
DELISTED
Alussa Energy Acquisition Corp
ALUS
| $2.53M | ﹤0.01% |
256,640
-146,509
| -36% | -$1.43M |
|
|
RVI
2315
DELISTED
Retail Value Inc. Common Shares
RVI
| $2.52M | ﹤0.01% |
+2,223,953
| New | +$2.52M |
|
2316
Mustang Bio
MBIO
$4.09M
| $2.52M | ﹤0.01% |
1,058
+1,017
| +2,480% | +$2.38M |
|
|
PLYA
2317
DELISTED
Playa Hotels & Resorts
PLYA
| $2.52M | ﹤0.01% |
696,769
+283,081
| +68% | +$767K |
|
|
CHNG
2318
CALL
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $2.52M | ﹤0.01% |
+225,000
| New | +$2.53M |
|
|
AZEK
2319
DELISTED
The AZEK Co
AZEK
| $2.52M | ﹤0.01% |
+78,986
| New | +$2.4M |
|
2320
PUT
Apollo Global Management
APO
$80.3B
| $2.5M | ﹤0.01% |
+50,100
| New | +$2.2M |
|
2321
Barings BDC
BBDC
$982M
| $2.49M | ﹤0.01% |
313,922
-211,888
| -40% | -$1.52M |
|
2322
Boyd Gaming
BYD
$5.79B
| $2.48M | ﹤0.01% |
+118,847
| New | +$2.17M |
|
|
DCOM
2323
DELISTED
Dime Community Bancshares
DCOM
| $2.48M | ﹤0.01% |
180,741
-149,540
| -45% | -$2.17M |
|
2324
Interface
TILE
$2.19B
| $2.48M | ﹤0.01% |
+304,207
| New | +$2.58M |
|
|
BKCC
2325
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $2.47M | ﹤0.01% |
925,836
+397,012
| +75% | +$1.06M |
|
Similar funds
Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $10.9B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Miscellaneous at 47% of assets, down from 48% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.