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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 2 |
Abbott
ABT
|
+$259M |
| 3 |
AutoZone
AZO
|
+$204M |
| 4 |
AABA
Altaba Inc
AABA
|
+$186M |
| 5 |
D.R. Horton
DHI
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$215M |
| 2 |
Public Service Enterprise Group
PEG
|
+$211M |
| 3 |
Applied Materials
AMAT
|
+$203M |
| 4 |
Intuitive Surgical
ISRG
|
+$194M |
| 5 |
ConocoPhillips
COP
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.49% |
| 2 | Technology | 12.13% |
| 3 | Healthcare | 11.89% |
| 4 | Consumer Discretionary | 11.58% |
| 5 | Industrials | 10.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Cimpress
CMPR
$2.17B
| $1.38M | ﹤0.01% |
+11,513
| New | +$1.32M |
|
|
JCP
2502
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.38M | ﹤0.01% |
436,302
-1,652,259
| -79% | -$5.32M |
|
2503
Ribbon Communications
RBBN
$359M
| $1.38M | ﹤0.01% |
177,929
+66,433
| +60% | +$510K |
|
|
TVRD
2504
Tvardi Therapeutics
TVRD
$24.3M
| $1.37M | ﹤0.01% |
3,117
+2,579
| +479% | +$1.18M |
|
2505
UBS Group
UBS
$167B
| $1.37M | ﹤0.01% |
74,659
-1,565,676
| -95% | -$27.2M |
|
2506
Park-Ohio Holdings
PKOH
$686M
| $1.37M | ﹤0.01% |
+29,837
| New | +$1.34M |
|
|
DFRG
2507
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $1.37M | ﹤0.01% |
89,819
+33,717
| +60% | +$479K |
|
|
JBGS
2508
JBG SMITH
JBGS
$711M
| $1.37M | ﹤0.01% |
39,392
-31,163
| -44% | -$1.03M |
|
2509
Planet Fitness
PLNT
$3.92B
| $1.37M | ﹤0.01% |
39,495
-135,386
| -77% | -$4.01M |
|
2510
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $1.37M | ﹤0.01% |
+15,337
| New | +$1.33M |
|
|
BAND
2511
Bandwidth Inc
BAND
$1.67B
| $1.37M | ﹤0.01% |
+59,067
| New | +$1.27M |
|
2512
Hanover Insurance
THG
$7.93B
| $1.36M | ﹤0.01% |
12,631
-124,814
| -91% | -$12.9M |
|
|
SMI
2513
DELISTED
Semiconductor Manufacturing Intl
SMI
| $1.36M | ﹤0.01% |
+158,889
| New | +$1.14M |
|
2514
LSI Industries
LYTS
$742M
| $1.36M | ﹤0.01% |
197,339
+105,103
| +114% | +$710K |
|
2515
Johnson Controls International
JCI
$86.2B
| $1.35M | ﹤0.01% |
35,551
-230,025
| -87% | -$8.99M |
|
|
EXK
2516
Endeavour Silver
EXK
$3.34B
| $1.35M | ﹤0.01% |
+565,348
| New | +$1.28M |
|
|
AEGN
2517
DELISTED
Aegion Corp
AEGN
| $1.35M | ﹤0.01% |
53,026
+33,403
| +170% | +$839K |
|
2518
National Healthcare
NHC
$3.48B
| $1.34M | ﹤0.01% |
22,063
+9,428
| +75% | +$602K |
|
2519
iShares Russell 3000 ETF
IWV
$20.4B
| $1.34M | ﹤0.01% |
+8,472
| New | +$1.31M |
|
2520
WEC Energy
WEC
$34.7B
| $1.34M | ﹤0.01% |
20,132
-82,695
| -80% | -$5.55M |
|
|
RESI
2521
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.33M | ﹤0.01% |
112,539
-138,242
| -55% | -$1.53M |
|
2522
Southside Bancshares
SBSI
$950M
| $1.33M | ﹤0.01% |
+39,579
| New | +$1.4M |
|
2523
Riverview Bancorp
RVSB
$103M
| $1.33M | ﹤0.01% |
153,508
-5,836
| -4% | -$51.8K |
|
|
TSE
2524
PUT
DELISTED
Trinseo
TSE
| $1.33M | ﹤0.01% |
+18,300
| New | +$1.3M |
|
2525
Dentsply Sirona
XRAY
$2.2B
| $1.33M | ﹤0.01% |
20,170
-659,810
| -97% | -$42M |
|
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Israel Englander's Q4 2017 Portfolio in Review
As of Q4 2017, Israel Englander held 4,357 positions worth $72.5B, up 10% from $65.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander deployed $4.49B of net new capital in Q4 2017, opening 897 new positions and adding to 1,473 existing holdings. Its largest new stake was Viatris: 2,905,317 shares worth $123M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Honeywell, an estimated $215M trimmed.
- Israel Englander's largest Q4 2017 buy was Viatris: 2,905,317 shares worth $123M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $593M increase.
- Israel Englander's biggest Q4 2017 reduction was Honeywell, cutting an estimated $215M.
- Israel Englander fully exited Paychex in Q4 2017, selling an estimated $66.4M.
- Israel Englander's ten largest holdings make up 6.7% of its $72.5B portfolio in Q4 2017.
- Israel Englander opened 897 new positions and closed 601 in Q4 2017.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $72.5B.
Based on Millennium Management's 13F filing for Q4 2017, filed 14 Feb 2018.