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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CSW
2476
CSW Industrials
CSW
$5.26B
| $1.18M | ﹤0.01% |
24,446
+18,583
| +317% | +$924K |
|
|
VCRA
2477
CALL
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $1.18M | ﹤0.01% |
+30,000
| New | +$1.08M |
|
|
SJR
2478
DELISTED
Shaw Communications Inc.
SJR
| $1.18M | ﹤0.01% |
65,068
-29,357
| -31% | -$551K |
|
2479
CALL
Sprouts Farmers Market
SFM
$8.01B
| $1.18M | ﹤0.01% |
+50,000
| New | +$1.3M |
|
|
ARNA
2480
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $1.17M | ﹤0.01% |
30,148
-145,843
| -83% | -$5.73M |
|
2481
Vicor
VICR
$8.97B
| $1.17M | ﹤0.01% |
30,872
-59,851
| -66% | -$2.19M |
|
|
2482
CALL
Tesla
TSLA
$1.38T
| $1.17M | ﹤0.01% |
52,500
-22,500
| -30% | -$484K |
|
2483
Hexcel
HXL
$7.08B
| $1.16M | ﹤0.01% |
20,184
-718,380
| -97% | -$43.3M |
|
|
ADAP
2484
CALL
DELISTED
Adaptimmune Therapeutics
ADAP
| $1.15M | ﹤0.01% |
200,000
-445,400
| -69% | -$3.29M |
|
|
CAMP
2485
DELISTED
CalAmp Corp.
CAMP
| $1.15M | ﹤0.01% |
3,837
-8,735
| -69% | -$3.63M |
|
|
MTEM
2486
DELISTED
Molecular Templates, Inc.
MTEM
| $1.15M | ﹤0.01% |
18,908
-25,358
| -57% | -$1.77M |
|
2487
Matsons
MATX
$6.66B
| $1.15M | ﹤0.01% |
35,745
+27,947
| +358% | +$1.03M |
|
2488
ScottsMiracle-Gro
SMG
$3.65B
| $1.14M | ﹤0.01% |
18,616
-117,869
| -86% | -$8.38M |
|
|
GNTY
2489
DELISTED
Guaranty Bancshares
GNTY
| $1.14M | ﹤0.01% |
42,123
-45,524
| -52% | -$1.24M |
|
2490
America's Car Mart
CRMT
$20.4M
| $1.14M | ﹤0.01% |
15,748
-44,257
| -74% | -$3.25M |
|
|
NCI
2491
DELISTED
Navigant Consulting, Inc.
NCI
| $1.14M | ﹤0.01% |
47,413
-91,657
| -66% | -$2.1M |
|
|
KEYW
2492
DELISTED
The KEYW Holding Corporation
KEYW
| $1.14M | ﹤0.01% |
+170,413
| New | +$1.44M |
|
2493
PUT
ResMed
RMD
$34.1B
| $1.14M | ﹤0.01% |
+10,000
| New | +$1.07M |
|
|
VAR
2494
PUT
DELISTED
Varian Medical Systems, Inc.
VAR
| $1.13M | ﹤0.01% |
10,000
-40,000
| -80% | -$4.57M |
|
|
RA
2495
Brookfield Real Assets Income Fund
RA
$696M
| $1.13M | ﹤0.01% |
+59,153
| New | +$1.23M |
|
2496
REX American Resources
REX
$1.37B
| $1.12M | ﹤0.01% |
98,754
-112,344
| -53% | -$1.32M |
|
|
TYG
2497
Tortoise Energy Infrastructure Corp
TYG
$1.1B
| $1.12M | ﹤0.01% |
14,079
+10,205
| +263% | +$965K |
|
|
BGFV
2498
DELISTED
Big 5 Sporting Goods
BGFV
| $1.12M | ﹤0.01% |
+432,574
| New | +$1.72M |
|
|
BLD
2499
DELISTED
TopBuild
BLD
| $1.12M | ﹤0.01% |
+24,872
| New | +$1.21M |
|
2500
Schwab US Broad Market ETF
SCHB
$44.6B
| $1.12M | ﹤0.01% |
112,026
-15,528
| -12% | -$168K |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.