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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Financials | 12.22% |
| 3 | Technology | 12.2% |
| 4 | Industrials | 9.84% |
| 5 | Consumer Discretionary | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VISN
226
Vistance Networks Inc
VISN
$2.59B
| $64.3M | 0.11% |
1,691,387
+128,725
| +8% | +$4.97M |
|
227
Estee Lauder
EL
$36.9B
| $64.3M | 0.11% |
669,539
+397,236
| +146% | +$36.5M |
|
228
Coca-Cola
KO
$392B
| $64M | 0.11% |
1,427,730
-1,119,100
| -44% | -$49.4M |
|
229
Tanger
SKT
$4.39B
| $63.2M | 0.11% |
2,432,629
+2,288,247
| +1,585% | +$65.1M |
|
230
S&P Global
SPGI
$127B
| $63.2M | 0.11% |
432,746
-457,752
| -51% | -$63.6M |
|
231
Johnson & Johnson
JNJ
$651B
| $63M | 0.11% |
476,110
+112,212
| +31% | +$14.3M |
|
|
BDN
232
Brandywine Realty Trust
BDN
$522M
| $62.8M | 0.11% |
3,583,120
+1,018,575
| +40% | +$17.5M |
|
233
EQT Corp
EQT
$33.6B
| $62.5M | 0.11% |
1,960,533
+83,451
| +4% | +$2.64M |
|
234
Highwoods Properties
HIW
$3.46B
| $62.4M | 0.11% |
1,230,838
-411,996
| -25% | -$21M |
|
|
WBS
235
DELISTED
Webster Financial
WBS
| $62.4M | 0.11% |
1,194,437
+1,177,877
| +7,113% | +$59.5M |
|
236
PUT
Skyworks Solutions
SWKS
$10.1B
| $62.4M | 0.11% |
+650,000
| New | +$66.7M |
|
237
Citizens Financial Group
CFG
$29.4B
| $62.3M | 0.11% |
1,745,136
-347,606
| -17% | -$12.3M |
|
|
RDS.A
238
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $62.2M | 0.11% |
1,169,002
+97,341
| +9% | +$5.17M |
|
|
AET
239
DELISTED
Aetna Inc
AET
| $62M | 0.11% |
408,210
-367,929
| -47% | -$52M |
|
|
MFA
240
MFA Financial
MFA
$901M
| $61.6M | 0.11% |
1,836,657
+1,679,846
| +1,071% | +$55.6M |
|
241
Ovintiv
OVV
$18.5B
| $61.6M | 0.11% |
1,399,806
+525,577
| +60% | +$27.2M |
|
242
Ameren
AEE
$29.4B
| $61.5M | 0.11% |
+1,125,059
| New | +$62.5M |
|
243
Hilton Worldwide
HLT
$73.5B
| $61.5M | 0.11% |
993,800
-410,160
| -29% | -$25.5M |
|
244
T-Mobile US
TMUS
$196B
| $61.2M | 0.11% |
1,009,878
-359,729
| -26% | -$23.4M |
|
245
Gaming and Leisure Properties
GLPI
$12.7B
| $61.1M | 0.11% |
1,620,702
+696,161
| +75% | +$24.9M |
|
|
EVHC
246
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $60.7M | 0.11% |
968,812
+346,407
| +56% | +$20M |
|
247
Invitation Homes
INVH
$17.9B
| $60.2M | 0.11% |
2,781,603
+382,200
| +16% | +$8.23M |
|
|
DCT
248
DELISTED
DCT Industrial Trust Inc.
DCT
| $60.1M | 0.11% |
1,124,296
-281,270
| -20% | -$14.7M |
|
|
TVTY
249
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $59.6M | 0.11% |
1,496,215
+418,556
| +39% | +$14M |
|
250
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $59.6M | 0.11% |
1,084,339
+955,540
| +742% | +$53.1M |
|
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Israel Englander's Q2 2017 Portfolio in Review
As of Q2 2017, Israel Englander held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Israel Englander's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Israel Englander added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Israel Englander's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Israel Englander fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Israel Englander's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Israel Englander opened 803 new positions and closed 840 in Q2 2017.
- Israel Englander's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.