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 |
LyondellBasell Industries
LYB
|
+$492M |
| 2 |
LLL
L3 Technologies, Inc.
LLL
|
+$392M |
| 3 |
Apple
AAPL
|
+$245M |
| 4 |
AGN
Allergan plc
AGN
|
+$238M |
| 5 |
NXP Semiconductors
NXPI
|
+$226M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$568M |
| 2 |
Coty
COTY
|
+$491M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$224M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$211M |
| 5 |
Sysco
SYY
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 22.43% |
| 2 | Healthcare | 13.06% |
| 3 | Technology | 11.97% |
| 4 | Financials | 10.69% |
| 5 | Consumer Discretionary | 8.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2326
Pilgrim's Pride
PPC
$7.41B
| $2.2M | ﹤0.01% |
86,624
-143,836
| -62% | -$3.72M |
|
2327
Trustmark
TRMK
$2.68B
| $2.2M | ﹤0.01% |
66,060
-481,736
| -88% | -$16.3M |
|
2328
Horizon Bancorp
HBNC
$1B
| $2.19M | ﹤0.01% |
+133,806
| New | +$2.16M |
|
2329
PUT
Prudential Financial
PRU
$41.5B
| $2.18M | ﹤0.01% |
+21,600
| New | +$2.15M |
|
2330
KRONOS Worldwide
KRO
$1.01B
| $2.18M | ﹤0.01% |
142,266
+8,149
| +6% | +$113K |
|
2331
Agios Pharmaceuticals
AGIO
$2.05B
| $2.17M | ﹤0.01% |
+43,542
| New | +$2.33M |
|
2332
Flotek Industries
FTK
$884M
| $2.16M | ﹤0.01% |
108,891
-27,307
| -20% | -$554K |
|
|
TRVG
2333
trivago
TRVG
$397M
| $2.16M | ﹤0.01% |
102,540
+56,769
| +124% | +$1.16M |
|
|
STFC
2334
DELISTED
State Auto Financial Corp
STFC
| $2.15M | ﹤0.01% |
+61,511
| New | +$2.09M |
|
2335
iShares Core US Aggregate Bond ETF
AGG
$139B
| $2.15M | ﹤0.01% |
19,316
-18,900
| -49% | -$2.07M |
|
2336
Sierra Bancorp
BSRR
$516M
| $2.15M | ﹤0.01% |
79,314
+13,610
| +21% | +$350K |
|
2337
CALL
Warner Bros
WBD
$72.4B
| $2.15M | ﹤0.01% |
+70,000
| New | +$2.03M |
|
2338
Vera Bradley
VRA
$95M
| $2.15M | ﹤0.01% |
179,034
+42,557
| +31% | +$504K |
|
|
RDS.B
2339
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $2.15M | ﹤0.01% |
32,673
-889,105
| -96% | -$57.8M |
|
2340
CALL
Western Digital
WDC
$167B
| $2.14M | ﹤0.01% |
+59,535
| New | +$2.04M |
|
2341
Harvard Bioscience
HBIO
$36M
| $2.13M | ﹤0.01% |
106,734
+99,210
| +1,319% | +$2.91M |
|
2342
Macy's
M
$5.92B
| $2.13M | ﹤0.01% |
99,470
-1,882,352
| -95% | -$42.8M |
|
2343
Sonos
SONO
$1.79B
| $2.13M | ﹤0.01% |
187,979
-282,454
| -60% | -$3.1M |
|
|
MRO
2344
DELISTED
Marathon Oil Corporation
MRO
| $2.13M | ﹤0.01% |
149,798
-3,333,252
| -96% | -$51.5M |
|
2345
HCI Group
HCI
$2.32B
| $2.13M | ﹤0.01% |
+52,543
| New | +$2.18M |
|
2346
CALL
AstraZeneca
AZN
$255B
| $2.11M | ﹤0.01% |
25,600
-99,400
| -80% | -$7.79M |
|
|
TGI
2347
DELISTED
Triumph Group
TGI
| $2.1M | ﹤0.01% |
91,797
+26,907
| +41% | +$578K |
|
2348
PUT
Mettler-Toledo International
MTD
$28.2B
| $2.1M | ﹤0.01% |
2,500
-22,500
| -90% | -$17M |
|
|
MOR
2349
DELISTED
MorphoSys AG American Depositary Shares
MOR
| $2.1M | ﹤0.01% |
86,778
-97,937
| -53% | -$2.43M |
|
|
RWGE.U
2350
DELISTED
Regalwood Global Energy Ltd. Units, each consisting of one Class A ordinary share and one-third of o
RWGE.U
| $2.09M | ﹤0.01% |
200,000
| – | – |
|
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Israel Englander's Q2 2019 Portfolio in Review
As of Q2 2019, Israel Englander held 4,801 positions worth $66.5B, down 0.45% from $66.8B the previous quarter. Its ten largest holdings account for 7.7% of the portfolio.
Israel Englander withdrew a net $3.96B in Q2 2019, closing 810 positions and reducing 1,571 holdings. Its most notable exit was Sysco, an estimated $208M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 22% of assets, up from 18% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Moody's worth $125M.
- Israel Englander's largest Q2 2019 buy was Moody's: 638,271 shares worth $125M.
- Israel Englander added most to LyondellBasell Industries in Q2 2019, an estimated $492M increase.
- Israel Englander's biggest Q2 2019 reduction was Walt Disney, cutting an estimated $568M.
- Israel Englander fully exited Sysco in Q2 2019, selling an estimated $208M.
- Israel Englander's ten largest holdings make up 7.7% of its $66.5B portfolio in Q2 2019.
- Israel Englander opened 865 new positions and closed 810 in Q2 2019.
- Israel Englander's portfolio value fell 0.45% quarter-over-quarter to $66.5B.
Based on Millennium Management's 13F filing for Q2 2019, filed 14 Aug 2019.