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 | |
|---|---|---|---|---|---|---|
2526
Credicorp
BAP
$29.8B
| $1.32M | ﹤0.01% |
+6,367
| New | +$1.32M |
|
2527
FS Bancorp
FSBW
$334M
| $1.32M | ﹤0.01% |
+48,336
| New | +$1.33M |
|
2528
Revvity
RVTY
$14.4B
| $1.32M | ﹤0.01% |
18,030
-722,797
| -98% | -$51.9M |
|
|
MDR
2529
CALL
DELISTED
McDermott International
MDR
| $1.32M | ﹤0.01% |
+66,667
| New | +$1.41M |
|
2530
Hooker Furnishings Corp
HOFT
$147M
| $1.31M | ﹤0.01% |
30,948
+12,008
| +63% | +$560K |
|
2531
Brink's
BCO
$4.51B
| $1.31M | ﹤0.01% |
16,673
-109,052
| -87% | -$8.83M |
|
2532
Ituran Location and Control
ITRN
$1.03B
| $1.31M | ﹤0.01% |
38,351
-10,017
| -21% | -$358K |
|
|
CKH
2533
DELISTED
Seacor Holdings Inc.
CKH
| $1.31M | ﹤0.01% |
28,396
-9,429
| -25% | -$433K |
|
2534
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $1.31M | ﹤0.01% |
119,878
+62,051
| +107% | +$690K |
|
2535
Lumentum
LITE
$83.4B
| $1.31M | ﹤0.01% |
+26,817
| New | +$1.49M |
|
2536
3D Systems Corp
DDD
$585M
| $1.31M | ﹤0.01% |
151,536
+139,051
| +1,114% | +$1.43M |
|
2537
Methanex
MEOH
$4.43B
| $1.31M | ﹤0.01% |
21,626
-439,722
| -95% | -$23.2M |
|
2538
Snap-on
SNA
$20.6B
| $1.31M | ﹤0.01% |
7,510
-172,768
| -96% | -$27.9M |
|
2539
ICL Group
ICL
$7.32B
| $1.31M | ﹤0.01% |
323,850
+234,027
| +261% | +$972K |
|
2540
Rayonier
RYN
$6.2B
| $1.31M | ﹤0.01% |
45,588
-102,804
| -69% | -$2.86M |
|
|
THR
2541
DELISTED
Thermon Group Holdings
THR
| $1.31M | ﹤0.01% |
+55,207
| New | +$1.21M |
|
2542
Cadiz
CDZI
$332M
| $1.3M | ﹤0.01% |
91,604
+2,549
| +3% | +$33.6K |
|
|
CUTR
2543
DELISTED
Cutera, Inc.
CUTR
| $1.3M | ﹤0.01% |
+28,770
| New | +$1.21M |
|
|
MVC
2544
DELISTED
MVC Capital, Inc.
MVC
| $1.3M | ﹤0.01% |
123,588
+66,036
| +115% | +$701K |
|
|
SEI
2545
Solaris Energy Infrastructure
SEI
$3.5B
| $1.3M | ﹤0.01% |
60,897
+22,823
| +60% | +$386K |
|
|
PMT
2546
PennyMac Mortgage Investment
PMT
$812M
| $1.3M | ﹤0.01% |
80,972
-351,051
| -81% | -$5.69M |
|
2547
iShares Core S&P Small-Cap ETF
IJR
$111B
| $1.3M | ﹤0.01% |
+16,871
| New | +$1.27M |
|
2548
Vanguard High Dividend Yield ETF
VYM
$83B
| $1.3M | ﹤0.01% |
15,138
+7,456
| +97% | +$623K |
|
2549
Schwab US Broad Market ETF
SCHB
$44.8B
| $1.29M | ﹤0.01% |
120,264
+27,492
| +30% | +$288K |
|
|
BFX
2550
DELISTED
BowFlex Inc.
BFX
| $1.29M | ﹤0.01% |
96,798
-95,487
| -50% | -$1.38M |
|
Similar funds
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.