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 | |
|---|---|---|---|---|---|---|
|
SFIX
2401
Stitch Fix
SFIX
$412M
| $2.23M | ﹤0.01% |
89,629
-304,821
| -77% | -$6.02M |
|
|
ETRN
2402
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $2.23M | ﹤0.01% |
268,949
-191,239
| -42% | -$1.51M |
|
2403
Carnival Corporation Ltd
CCL
$34.2B
| $2.23M | ﹤0.01% |
135,840
+7,403
| +6% | +$111K |
|
2404
Compass Minerals
CMP
$1.05B
| $2.23M | ﹤0.01% |
45,635
-50,522
| -53% | -$2.34M |
|
|
AGR
2405
DELISTED
Avangrid, Inc.
AGR
| $2.22M | ﹤0.01% |
52,867
-76,855
| -59% | -$3.3M |
|
2406
Medpace
MEDP
$17.1B
| $2.22M | ﹤0.01% |
+23,825
| New | +$2.03M |
|
|
HEES
2407
DELISTED
H&E Equipment Services
HEES
| $2.21M | ﹤0.01% |
119,563
+1,566
| +1% | +$24.9K |
|
2408
Option Care Health
OPCH
$3.59B
| $2.21M | ﹤0.01% |
158,831
+97,182
| +158% | +$1.29M |
|
|
SNP
2409
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $2.21M | ﹤0.01% |
+52,548
| New | +$2.48M |
|
|
DPHCU
2410
DELISTED
DiamondPeak Holdings Corp. Units
DPHCU
| $2.21M | ﹤0.01% |
200,000
| – | – |
|
2411
CALL
Dentsply Sirona
XRAY
$2.2B
| $2.2M | ﹤0.01% |
50,000
+20,000
| +67% | +$846K |
|
|
SAVE
2412
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.2M | ﹤0.01% |
123,753
+105,871
| +592% | +$1.51M |
|
2413
Manitowoc
MTW
$686M
| $2.2M | ﹤0.01% |
202,371
-186,060
| -48% | -$1.76M |
|
2414
Moelis & Co
MC
$5.08B
| $2.2M | ﹤0.01% |
70,571
-1,287
| -2% | -$40.4K |
|
2415
Mercury Insurance
MCY
$5.69B
| $2.2M | ﹤0.01% |
53,950
-239,522
| -82% | -$9.61M |
|
2416
A10 Networks
ATEN
$1.96B
| $2.2M | ﹤0.01% |
322,686
+250,387
| +346% | +$1.68M |
|
2417
PUT
Howmet Aerospace
HWM
$107B
| $2.2M | ﹤0.01% |
+138,600
| New | +$1.82M |
|
2418
Pebblebrook Hotel Trust
PEB
$2.06B
| $2.19M | ﹤0.01% |
+160,535
| New | +$1.99M |
|
2419
CALL
Twist Bioscience
TWST
$9.6B
| $2.19M | ﹤0.01% |
48,300
+34,500
| +250% | +$1.24M |
|
|
TLRD
2420
DELISTED
Tailored Brands, Inc.
TLRD
| $2.18M | ﹤0.01% |
+2,327,619
| New | +$3.08M |
|
2421
CALL
Assurant
AIZ
$14.1B
| $2.17M | ﹤0.01% |
+21,000
| New | +$2.17M |
|
2422
Nektar Therapeutics
NKTR
$2.55B
| $2.17M | ﹤0.01% |
6,233
-2,699
| -30% | -$842K |
|
2423
CALL
RH
RH
$2.74B
| $2.17M | ﹤0.01% |
8,700
+6,400
| +278% | +$1.16M |
|
2424
CALL
Arrowhead Research
ARWR
$12.5B
| $2.16M | ﹤0.01% |
+50,000
| New | +$1.76M |
|
|
ABB
2425
DELISTED
ABB Ltd
ABB
| $2.16M | ﹤0.01% |
95,729
+54,187
| +130% | +$1.04M |
|
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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.