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 | |
|---|---|---|---|---|---|---|
2326
Edgewell Personal Care
EPC
$1.32B
| $2.17M | ﹤0.01% |
49,513
+43,812
| +768% | +$1.83M |
|
2327
CALL
Mettler-Toledo International
MTD
$28.2B
| $2.17M | ﹤0.01% |
+3,000
| New | +$1.95M |
|
2328
Geospace Technologies
GEOS
$67.7M
| $2.17M | ﹤0.01% |
167,437
+150,266
| +875% | +$2.2M |
|
2329
Aecom
ACM
$8.52B
| $2.17M | ﹤0.01% |
73,006
-650,675
| -90% | -$19.4M |
|
|
CTT
2330
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $2.17M | ﹤0.01% |
220,457
+207,701
| +1,628% | +$1.9M |
|
|
2331
Mettler-Toledo International
MTD
$28.2B
| $2.16M | ﹤0.01% |
2,991
-1,221
| -29% | -$794K |
|
2332
WPP
WPP
$5.6B
| $2.16M | ﹤0.01% |
40,918
-47,760
| -54% | -$2.66M |
|
2333
Artivion
AORT
$1.3B
| $2.16M | ﹤0.01% |
74,009
+66,779
| +924% | +$1.91M |
|
2334
BlackRock TCP Capital
TCPC
$347M
| $2.16M | ﹤0.01% |
152,209
-332,763
| -69% | -$4.74M |
|
2335
Becton Dickinson
BDX
$51.2B
| $2.15M | ﹤0.01% |
8,837
-195,299
| -96% | -$46.2M |
|
2336
PUT
Novavax
NVAX
$1.49B
| $2.15M | ﹤0.01% |
+195,000
| New | +$6.16M |
|
2337
TriMas Corp
TRS
$1.42B
| $2.15M | ﹤0.01% |
71,000
+10,411
| +17% | +$309K |
|
|
SCHW
2338
CALL
Charles Schwab
SCHW
$187B
| $2.14M | ﹤0.01% |
50,000
-50,000
| -50% | -$2.26M |
|
2339
Sterling Infrastructure
STRL
$15.5B
| $2.13M | ﹤0.01% |
170,346
-145,879
| -46% | -$1.94M |
|
2340
American Express
AXP
$226B
| $2.13M | ﹤0.01% |
19,476
-199,924
| -91% | -$21M |
|
2341
CALL
Molina Healthcare
MOH
$10.4B
| $2.13M | ﹤0.01% |
+15,000
| New | +$2.03M |
|
|
LITS
2342
Lite Strategy Inc
LITS
$34M
| $2.13M | ﹤0.01% |
34,657
+24,578
| +244% | +$1.41M |
|
2343
CBIZ
CBZ
$2.97B
| $2.13M | ﹤0.01% |
+105,096
| New | +$2.12M |
|
|
HRC
2344
PUT
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $2.12M | ﹤0.01% |
20,000
| – | – |
|
2345
Home Depot
HD
$328B
| $2.12M | ﹤0.01% |
11,029
-393,820
| -97% | -$72.2M |
|
2346
HP
HPQ
$27.1B
| $2.12M | ﹤0.01% |
108,867
-3,388,698
| -97% | -$71.8M |
|
2347
Cohen & Steers
CNS
$4.25B
| $2.11M | ﹤0.01% |
49,966
+311
| +0.6% | +$12.1K |
|
|
CLLS
2348
Cellectis
CLLS
$358M
| $2.11M | ﹤0.01% |
114,989
+33,942
| +42% | +$602K |
|
|
DSPG
2349
DELISTED
DSP Group Inc
DSPG
| $2.11M | ﹤0.01% |
149,888
+13,906
| +10% | +$181K |
|
2350
Nuveen Credit Strategies Income Fund
JQC
$701M
| $2.11M | ﹤0.01% |
272,650
+256,470
| +1,585% | +$1.99M |
|
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.