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 | |
|---|---|---|---|---|---|---|
2451
Strategy Inc
MSTR
$54.6B
| $1.82M | ﹤0.01% |
126,380
+89,870
| +246% | +$1.24M |
|
2452
HUTCHMED
HCM
$2.16B
| $1.82M | ﹤0.01% |
+59,407
| New | +$1.48M |
|
2453
Scholastic
SCHL
$738M
| $1.81M | ﹤0.01% |
+45,644
| New | +$1.88M |
|
2454
PUT
JPMorgan Chase
JPM
$942B
| $1.81M | ﹤0.01% |
+17,900
| New | +$1.84M |
|
|
SYNH
2455
CALL
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $1.81M | ﹤0.01% |
+35,000
| New | +$1.7M |
|
2456
CALL
Oneok
OKE
$59.7B
| $1.81M | ﹤0.01% |
+25,900
| New | +$1.68M |
|
2457
Vera Bradley
VRA
$95M
| $1.81M | ﹤0.01% |
136,477
-644,713
| -83% | -$6.59M |
|
2458
Banc of California
BANC
$2.97B
| $1.81M | ﹤0.01% |
130,567
+87,042
| +200% | +$1.3M |
|
2459
iShares MSCI ACWI ex US ETF
ACWX
$12.5B
| $1.8M | ﹤0.01% |
+39,017
| New | +$1.76M |
|
2460
CALL
Henry Schein
HSIC
$10.1B
| $1.8M | ﹤0.01% |
30,000
-8,250
| -22% | -$498K |
|
|
TEI
2461
Templeton Emerging Markets Income Fund
TEI
$322M
| $1.8M | ﹤0.01% |
175,648
-162,914
| -48% | -$1.67M |
|
2462
British American Tobacco
BTI
$121B
| $1.79M | ﹤0.01% |
+42,899
| New | +$1.56M |
|
2463
iShares MSCI ACWI ETF
ACWI
$33.4B
| $1.79M | ﹤0.01% |
+24,748
| New | +$1.72M |
|
2464
Origin Bancorp
OBK
$1.64B
| $1.79M | ﹤0.01% |
52,448
+44,248
| +540% | +$1.54M |
|
|
HOME
2465
CALL
DELISTED
At Home Group Inc.
HOME
| $1.79M | ﹤0.01% |
+100,000
| New | +$2.22M |
|
2466
Magnachip Semiconductor
MX
$118M
| $1.78M | ﹤0.01% |
241,265
-270,686
| -53% | -$1.92M |
|
2467
Cincinnati Financial
CINF
$26.5B
| $1.78M | ﹤0.01% |
20,766
-4,612
| -18% | -$381K |
|
2468
DHT Holdings
DHT
$3.12B
| $1.78M | ﹤0.01% |
+399,629
| New | +$1.71M |
|
|
TEN
2469
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.78M | ﹤0.01% |
80,280
-54,655
| -41% | -$1.72M |
|
|
ARE.PRD
2470
DELISTED
Alexandria Real Estate Equities Inc 7.00% Series D Preferred Stock
ARE.PRD
| $1.78M | ﹤0.01% |
46,941
+314
| +0.7% | +$11.4K |
|
|
AGEN
2471
Agenus
AGEN
$352M
| $1.77M | ﹤0.01% |
30,322
-21,718
| -42% | -$1.35M |
|
2472
Harmony Gold Mining
HMY
$13.1B
| $1.77M | ﹤0.01% |
930,197
-1,296,216
| -58% | -$2.54M |
|
2473
CALL
Waters Corp
WAT
$41.4B
| $1.76M | ﹤0.01% |
7,000
+5,000
| +250% | +$1.14M |
|
|
SHYF
2474
DELISTED
The Shyft Group
SHYF
| $1.76M | ﹤0.01% |
199,216
-229,153
| -53% | -$1.96M |
|
2475
PUT
Gentex
GNTX
$4.86B
| $1.76M | ﹤0.01% |
85,000
| – | – |
|
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.