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 | |
|---|---|---|---|---|---|---|
2301
PUT
eBay
EBAY
$45.5B
| $2.76M | ﹤0.01% |
52,900
-201,700
| -79% | -$11.1M |
|
|
CTXS
2302
CALL
DELISTED
Citrix Systems Inc
CTXS
| $2.75M | ﹤0.01% |
20,000
| – | – |
|
2303
ACI Worldwide
ACIW
$5.47B
| $2.75M | ﹤0.01% |
105,321
+94,043
| +834% | +$2.6M |
|
2304
Fortress Biotech
FBIO
$93.4M
| $2.75M | ﹤0.01% |
45,341
+16,401
| +57% | +$835K |
|
|
JBGS
2305
JBG SMITH
JBGS
$709M
| $2.74M | ﹤0.01% |
102,469
-135,069
| -57% | -$3.79M |
|
2306
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $2.74M | ﹤0.01% |
9,871
+2,868
| +41% | +$783K |
|
|
TA
2307
DELISTED
TravelCenters of America LLC
TA
| $2.74M | ﹤0.01% |
+140,160
| New | +$2.41M |
|
|
INN
2308
Summit Hotel Properties
INN
$637M
| $2.74M | ﹤0.01% |
528,631
+166,217
| +46% | +$939K |
|
2309
WEX
WEX
$6.76B
| $2.73M | ﹤0.01% |
19,678
-9,533
| -33% | -$1.49M |
|
2310
Perdoceo Education
PRDO
$2.12B
| $2.73M | ﹤0.01% |
+223,325
| New | +$3.25M |
|
2311
CALL
Cincinnati Financial
CINF
$26.5B
| $2.73M | ﹤0.01% |
+35,000
| New | +$2.71M |
|
2312
Agios Pharmaceuticals
AGIO
$2.05B
| $2.73M | ﹤0.01% |
77,902
-52,850
| -40% | -$2.32M |
|
|
MODN
2313
DELISTED
MODEL N, INC.
MODN
| $2.72M | ﹤0.01% |
77,062
+27,889
| +57% | +$1.05M |
|
2314
Cue Biopharma
CUE
$205M
| $2.72M | ﹤0.01% |
6,016
-1,370
| -19% | -$789K |
|
|
FGNA.U
2315
DELISTED
FG New America Acquisition Corp. Units, each consisting of one share of Class A common stock and one
FGNA.U
| $2.71M | ﹤0.01% |
+270,300
| New | +$2.71M |
|
2316
Progyny
PGNY
$1.98B
| $2.71M | ﹤0.01% |
91,930
-323,954
| -78% | -$8.93M |
|
2317
PUT
Gaotu Techedu
GOTU
$428M
| $2.7M | ﹤0.01% |
30,000
-70,000
| -70% | -$6.24M |
|
|
GOEV
2318
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $2.7M | ﹤0.01% |
+527
| New | +$2.7M |
|
2319
Outset Medical
OM
$76.9M
| $2.7M | ﹤0.01% |
+3,599
| New | +$2.96M |
|
2320
SunCoke Energy
SXC
$873M
| $2.7M | ﹤0.01% |
789,091
-831,283
| -51% | -$2.71M |
|
|
MIK
2321
DELISTED
Michaels Stores, Inc
MIK
| $2.69M | ﹤0.01% |
278,780
-447,983
| -62% | -$3.89M |
|
2322
Evercore
EVR
$11.2B
| $2.68M | ﹤0.01% |
40,979
-180,953
| -82% | -$11M |
|
2323
Radware
RDWR
$1.24B
| $2.68M | ﹤0.01% |
110,591
+91,925
| +492% | +$2.33M |
|
|
VER
2324
DELISTED
VEREIT, Inc.
VER
| $2.68M | ﹤0.01% |
82,493
-395,751
| -83% | -$13M |
|
|
ALX
2325
Alexander's
ALX
$1.38B
| $2.68M | ﹤0.01% |
10,931
+1,466
| +15% | +$371K |
|
Similar funds
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.