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 |
CMA
Comerica
CMA
|
+$221M |
| 2 |
RSPP
RSP Permian, Inc.
RSPP
|
+$166M |
| 3 |
Vulcan Materials
VMC
|
+$165M |
| 4 |
ANDV
Andeavor
ANDV
|
+$165M |
| 5 |
Apple
AAPL
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BNY
Bank of New York Mellon
BNY
|
+$251M |
| 2 |
Bank of America
BAC
|
+$225M |
| 3 |
WOOF
VCA Inc.
WOOF
|
+$214M |
| 4 |
K
Kellanova
K
|
+$188M |
| 5 |
Occidental Petroleum
OXY
|
+$171M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 12.61% |
| 2 | Technology | 11.6% |
| 3 | Healthcare | 11.38% |
| 4 | Energy | 10.68% |
| 5 | Industrials | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVO
226
Novo Nordisk
NVO
$207B
| $66.7M | 0.12% |
3,891,320
+3,835,260
| +6,841% | +$66.8M |
|
|
CJ
227
DELISTED
C&J Energy Services, Inc.
CJ
| $66.6M | 0.12% |
+1,955,281
| New | +$70.6M |
|
228
AbbVie
ABBV
$468B
| $66.4M | 0.12% |
1,018,682
+127,405
| +14% | +$8.01M |
|
229
Zimmer Biomet
ZBH
$19.3B
| $66.2M | 0.12% |
558,430
-572,641
| -51% | -$64.9M |
|
|
LOGM
230
DELISTED
LogMein, Inc.
LOGM
| $66.2M | 0.12% |
678,801
+626,909
| +1,208% | +$62.4M |
|
231
LPL Financial
LPLA
$28.5B
| $65.8M | 0.12% |
1,653,161
+557,989
| +51% | +$21.9M |
|
232
Helix Energy Solutions
HLX
$1.53B
| $65.6M | 0.12% |
8,439,218
+8,387,463
| +16,206% | +$67.5M |
|
233
Mid-America Apartment Communities
MAA
$15.2B
| $65.3M | 0.12% |
641,656
-211,664
| -25% | -$20.9M |
|
|
VISN
234
Vistance Networks Inc
VISN
$2.59B
| $65.2M | 0.12% |
1,562,662
-1,024,257
| -40% | -$39.5M |
|
|
INXN
235
DELISTED
Interxion Holding N.V.
INXN
| $65M | 0.12% |
1,644,057
+144,167
| +10% | +$5.53M |
|
236
Gartner
IT
$12.4B
| $64.9M | 0.12% |
600,840
+519,591
| +640% | +$53.6M |
|
237
Sun Communities
SUI
$14.8B
| $64.7M | 0.12% |
805,787
+145,501
| +22% | +$11.6M |
|
238
Graphic Packaging
GPK
$3.54B
| $64.3M | 0.12% |
4,995,365
+3,321,306
| +198% | +$43.2M |
|
239
Regions Financial
RF
$25.9B
| $64.3M | 0.12% |
4,423,437
-2,782,097
| -39% | -$41M |
|
240
Amgen
AMGN
$238B
| $64M | 0.12% |
389,913
+241,986
| +164% | +$40.2M |
|
241
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $63.9M | 0.12% |
1,453,616
-1,222,988
| -46% | -$52.4M |
|
242
National Health Investors
NHI
$3.6B
| $63.8M | 0.12% |
878,657
+542,118
| +161% | +$39.7M |
|
243
Voya Financial
VOYA
$8.86B
| $63.7M | 0.12% |
1,678,001
-1,029,356
| -38% | -$41.5M |
|
244
J.M. Smucker
SJM
$13.3B
| $63.6M | 0.12% |
485,585
+248,880
| +105% | +$33.8M |
|
|
FMBI
245
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $63.5M | 0.12% |
2,681,398
+1,211,027
| +82% | +$29.5M |
|
246
Centene
CNC
$32.1B
| $63M | 0.12% |
1,767,576
+239,118
| +16% | +$8M |
|
247
EQT Corp
EQT
$33.6B
| $62.4M | 0.11% |
1,877,082
+1,528,864
| +439% | +$51M |
|
|
SYT
248
DELISTED
Syngenta Ag
SYT
| $61.9M | 0.11% |
698,911
+132,011
| +23% | +$11.3M |
|
249
Olin
OLN
$2.1B
| $61.7M | 0.11% |
1,876,862
+1,649,744
| +726% | +$49.5M |
|
250
Chemours
CC
$2.4B
| $61.6M | 0.11% |
1,599,572
+574,092
| +56% | +$17.3M |
|
Similar funds
Israel Englander's Q1 2017 Portfolio in Review
As of Q1 2017, Israel Englander held 4,184 positions worth $54.6B, up 14% from $47.8B the previous quarter. Its ten largest holdings account for 5.7% of the portfolio.
Israel Englander deployed $4.44B of net new capital in Q1 2017, opening 894 new positions and adding to 1,327 existing holdings. Its largest new stake was Mondelez International: 3,261,215 shares worth $140M.
By sector, the portfolio is most concentrated in Financials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Bank of New York Mellon, an estimated $251M trimmed.
- Israel Englander's largest Q1 2017 buy was Mondelez International: 3,261,215 shares worth $140M.
- Israel Englander added most to Comerica in Q1 2017, an estimated $221M increase.
- Israel Englander's biggest Q1 2017 reduction was Bank of New York Mellon, cutting an estimated $251M.
- Israel Englander fully exited Occidental Petroleum in Q1 2017, selling an estimated $171M.
- Israel Englander's ten largest holdings make up 5.7% of its $54.6B portfolio in Q1 2017.
- Israel Englander opened 894 new positions and closed 743 in Q1 2017.
- Israel Englander's portfolio value rose 14% quarter-over-quarter to $54.6B.
Based on Millennium Management's 13F filing for Q1 2017, filed 15 May 2017.