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 |
AGN
Allergan plc
AGN
|
+$200M |
| 2 |
Danaher
DHR
|
+$146M |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$138M |
| 4 |
Procter & Gamble
PG
|
+$122M |
| 5 |
RDS.B
Royal Dutch Shell PLC ADS Class B
RDS.B
|
+$109M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.89B |
| 2 |
Microsoft
MSFT
|
+$380M |
| 3 |
Alibaba
BABA
|
+$352M |
| 4 |
Wells Fargo
WFC
|
+$245M |
| 5 |
American Electric Power
AEP
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 47.74% |
| 2 | Healthcare | 11.91% |
| 3 | Technology | 7.43% |
| 4 | Financials | 6.52% |
| 5 | Consumer Discretionary | 5.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CONN
2451
DELISTED
Conn's Inc.
CONN
| $970K | ﹤0.01% |
231,980
+2,250
| +1% | +$18.4K |
|
|
SOGO
2452
DELISTED
Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
| $967K | ﹤0.01% |
+287,784
| New | +$1.22M |
|
2453
Sanmina
SANM
$10.6B
| $964K | ﹤0.01% |
35,335
+17,633
| +100% | +$514K |
|
2454
Compugen
CGEN
$248M
| $962K | ﹤0.01% |
132,450
+110,574
| +505% | +$869K |
|
2455
First Community Corp
FCCO
$318M
| $962K | ﹤0.01% |
+61,205
| New | +$1.16M |
|
2456
CALL
Karyopharm Therapeutics
KPTI
$42.6M
| $961K | ﹤0.01% |
+3,333
| New | +$919K |
|
|
NVEE
2457
DELISTED
NV5 Global
NVEE
| $961K | ﹤0.01% |
93,080
-750,596
| -89% | -$10M |
|
2458
Vicor
VICR
$8.9B
| $959K | ﹤0.01% |
+21,537
| New | +$1.02M |
|
2459
Clear Channel Outdoor Holdings
CCO
$1.2B
| $953K | ﹤0.01% |
1,489,085
-781,115
| -34% | -$1.66M |
|
2460
Vanguard Real Estate ETF
VNQ
$38.7B
| $953K | ﹤0.01% |
13,645
-7,986
| -37% | -$701K |
|
|
SIVB
2461
DELISTED
SVB Financial Group
SIVB
| $951K | ﹤0.01% |
6,295
-28,184
| -82% | -$6.2M |
|
|
HARP
2462
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $949K | ﹤0.01% |
8,194
+92
| +1% | +$12.9K |
|
2463
AdvanSix
ASIX
$447M
| $945K | ﹤0.01% |
+99,018
| New | +$1.54M |
|
|
XIFR
2464
XPLR Infrastructure LP
XIFR
$1.12B
| $944K | ﹤0.01% |
21,949
-156,107
| -88% | -$8.27M |
|
|
CNR
2465
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $944K | ﹤0.01% |
206,922
+182,228
| +738% | +$1.35M |
|
|
IMMU
2466
CALL
DELISTED
Immunomedics Inc
IMMU
| $944K | ﹤0.01% |
+70,000
| New | +$1.18M |
|
|
GSB
2467
DELISTED
GlobalSCAPE, Inc.
GSB
| $944K | ﹤0.01% |
132,592
+120,767
| +1,021% | +$1.1M |
|
2468
Integer Holdings
ITGR
$4.26B
| $943K | ﹤0.01% |
+14,997
| New | +$1.22M |
|
|
RAPT
2469
DELISTED
RAPT Therapeutics
RAPT
| $943K | ﹤0.01% |
+5,540
| New | +$1.26M |
|
2470
UBS Group
UBS
$168B
| $941K | ﹤0.01% |
101,618
-186,658
| -65% | -$2.15M |
|
2471
Mine Safety
MSA
$7.31B
| $940K | ﹤0.01% |
+9,286
| New | +$1.17M |
|
|
NSLR
2472
Neostellar Capital Corp
NSLR
$271M
| $938K | ﹤0.01% |
190,769
-73,066
| -28% | -$378K |
|
2473
CALL
Honeywell
HON
$68.5B
| $937K | ﹤0.01% |
7,427
-98,885
| -93% | -$15.3M |
|
2474
Prestige Consumer Healthcare
PBH
$2.48B
| $933K | ﹤0.01% |
+25,441
| New | +$988K |
|
|
FRG
2475
DELISTED
Franchise Group, Inc.
FRG
| $933K | ﹤0.01% |
106,962
+51,596
| +93% | +$1.03M |
|
Similar funds
Israel Englander's Q1 2020 Portfolio in Review
As of Q1 2020, Israel Englander held 4,928 positions worth $44.5B, down 44% from $79.9B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander withdrew a net $20.8B in Q1 2020, closing 1,154 positions and reducing 1,745 holdings. Its most notable exit was Becton Dickinson, an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 48% of assets, up from 38% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Danaher worth $133M.
- Israel Englander's largest Q1 2020 buy was Danaher: 1,082,448 shares worth $133M.
- Israel Englander added most to Allergan plc in Q1 2020, an estimated $200M increase.
- Israel Englander's biggest Q1 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.89B.
- Israel Englander fully exited Becton Dickinson in Q1 2020, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 18% of its $44.5B portfolio in Q1 2020.
- Israel Englander opened 789 new positions and closed 1,154 in Q1 2020.
- Israel Englander's portfolio value fell 44% quarter-over-quarter to $44.5B.
Based on Millennium Management's 13F filing for Q1 2020, filed 14 May 2020.