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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.83B |
| 2 |
Wells Fargo
WFC
|
+$378M |
| 3 |
Microsoft
MSFT
|
+$253M |
| 4 |
Home Depot
HD
|
+$247M |
| 5 |
Alibaba
BABA
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$414M |
| 2 |
Lowe's Companies
LOW
|
+$326M |
| 3 |
Las Vegas Sands
LVS
|
+$265M |
| 4 |
AABA
Altaba Inc
AABA
|
+$249M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 38.21% |
| 2 | Healthcare | 10.45% |
| 3 | Technology | 8.65% |
| 4 | Financials | 8.6% |
| 5 | Consumer Discretionary | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2426
Pathward Financial
CASH
$1.7B
| $2.57M | ﹤0.01% |
70,437
+5,034
| +8% | +$171K |
|
2427
Accuray
ARAY
$32.5M
| $2.57M | ﹤0.01% |
911,312
+207,797
| +30% | +$577K |
|
2428
Colgate-Palmolive
CL
$72.4B
| $2.57M | ﹤0.01% |
37,339
-152,416
| -80% | -$10.4M |
|
|
SPTN
2429
DELISTED
SpartanNash
SPTN
| $2.57M | ﹤0.01% |
180,431
-363,376
| -67% | -$4.8M |
|
2430
Under Armour Class C
UA
$2.14B
| $2.57M | ﹤0.01% |
133,819
+111,071
| +488% | +$1.95M |
|
|
BMTX
2431
DELISTED
BM Technologies, Inc.
BMTX
| $2.56M | ﹤0.01% |
+250,000
| New | +$2.55M |
|
|
KLR.WS
2432
CALL
DELISTED
Kaleyra, Inc. Warrants, each whole Warrant exercisable for one share of Common Stock at an exercise price of $40.25 per share
KLR.WS
| $2.55M | ﹤0.01% |
+300,000
| New | +$270K |
|
|
SPN
2433
DELISTED
Superior Energy Services, Inc.
SPN
| $2.53M | ﹤0.01% |
+505,417
| New | +$2.51M |
|
2434
Vanguard S&P 500 ETF
VOO
$1.03T
| $2.52M | ﹤0.01% |
+8,527
| New | +$2.41M |
|
2435
LXP Industrial Trust
LXP
$3.59B
| $2.52M | ﹤0.01% |
+47,440
| New | +$2.54M |
|
|
TRUE
2436
DELISTED
TrueCar
TRUE
| $2.52M | ﹤0.01% |
529,748
-1,370,658
| -72% | -$5.72M |
|
2437
CALL
Yum! Brands
YUM
$42.1B
| $2.51M | ﹤0.01% |
24,900
-500
| -2% | -$51.8K |
|
|
CCMP
2438
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $2.5M | ﹤0.01% |
17,354
+14,873
| +599% | +$2.11M |
|
|
OMN
2439
DELISTED
OMNOVA Solutions Inc.
OMN
| $2.49M | ﹤0.01% |
246,453
+154,570
| +168% | +$1.56M |
|
|
GES
2440
DELISTED
Guess Inc
GES
| $2.49M | ﹤0.01% |
111,236
-129,766
| -54% | -$2.42M |
|
2441
CALL
Alerian MLP ETF
AMLP
$13.4B
| $2.48M | ﹤0.01% |
+58,340
| New | +$2.45M |
|
2442
Kforce
KFRC
$1.05B
| $2.47M | ﹤0.01% |
62,325
+21,594
| +53% | +$853K |
|
2443
Huazhu Hotels Group
HTHT
$14.7B
| $2.47M | ﹤0.01% |
61,656
+39,582
| +179% | +$1.43M |
|
2444
iShares S&P 100 ETF
OEF
$20.5B
| $2.47M | ﹤0.01% |
+17,150
| New | +$2.35M |
|
|
HI
2445
DELISTED
Hillenbrand
HI
| $2.47M | ﹤0.01% |
74,142
-376,168
| -84% | -$11.9M |
|
|
NVRO
2446
CALL
DELISTED
NEVRO CORP.
NVRO
| $2.47M | ﹤0.01% |
+21,000
| New | +$2.08M |
|
|
CBD
2447
DELISTED
Companhia Brasileira de Distribuicao
CBD
| $2.47M | ﹤0.01% |
112,815
+2,314
| +2% | +$46.4K |
|
2448
FB Financial Corp
FBK
$2.9B
| $2.46M | ﹤0.01% |
61,999
+49,977
| +416% | +$1.91M |
|
|
BCPC
2449
Balchem Corp
BCPC
$5.68B
| $2.44M | ﹤0.01% |
24,035
+16,997
| +242% | +$1.71M |
|
2450
Rithm Capital
RITM
$5.64B
| $2.44M | ﹤0.01% |
151,485
-4,476
| -3% | -$70.3K |
|
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Israel Englander's Q4 2019 Portfolio in Review
As of Q4 2019, Israel Englander held 4,935 positions worth $79.9B, up 26% from $63.3B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Israel Englander deployed $4.28B of net new capital in Q4 2019, opening 829 new positions and adding to 1,631 existing holdings. Its largest new stake was International Flavors & Fragrances: 535,214 shares worth $69.1M.
By sector, the portfolio is most concentrated in Miscellaneous at 38% of assets, up from 28% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Lowe's Companies, an estimated $326M trimmed.
- Israel Englander's largest Q4 2019 buy was International Flavors & Fragrances: 535,214 shares worth $69.1M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2019, an estimated $3.83B increase.
- Israel Englander's biggest Q4 2019 reduction was Lowe's Companies, cutting an estimated $326M.
- Israel Englander fully exited Celgene Corp in Q4 2019, selling an estimated $414M.
- Israel Englander's ten largest holdings make up 13% of its $79.9B portfolio in Q4 2019.
- Israel Englander opened 829 new positions and closed 796 in Q4 2019.
- Israel Englander's portfolio value rose 26% quarter-over-quarter to $79.9B.
Based on Millennium Management's 13F filing for Q4 2019, filed 14 Feb 2020.