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 | |
|---|---|---|---|---|---|---|
2576
Bank of Hawaii
BOH
$3.05B
| $1.22M | ﹤0.01% |
14,251
-153,711
| -92% | -$12.8M |
|
|
CYS
2577
DELISTED
CYS Investments Inc.
CYS
| $1.22M | ﹤0.01% |
151,344
-828,390
| -85% | -$6.85M |
|
2578
Northern Oil and Gas
NOG
$2.77B
| $1.21M | ﹤0.01% |
59,224
-100,364
| -63% | -$1.21M |
|
2579
Mueller Industries
MLI
$14.2B
| $1.21M | ﹤0.01% |
+136,176
| New | +$1.19M |
|
2580
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $1.2M | ﹤0.01% |
43,206
-85,508
| -66% | -$2.28M |
|
|
VRN
2581
DELISTED
Veren
VRN
| $1.2M | ﹤0.01% |
157,258
-127,838
| -45% | -$963K |
|
2582
Whirlpool
WHR
$2.62B
| $1.2M | ﹤0.01% |
7,089
-12,997
| -65% | -$2.2M |
|
|
SCS
2583
DELISTED
Steelcase
SCS
| $1.19M | ﹤0.01% |
78,571
-269,418
| -77% | -$3.96M |
|
2584
Minerva Neurosciences
NERV
$259M
| $1.19M | ﹤0.01% |
24,645
-6,483
| -21% | -$321K |
|
2585
Ziff Davis
ZD
$1.91B
| $1.19M | ﹤0.01% |
18,285
-26,831
| -59% | -$1.75M |
|
|
ALBO
2586
DELISTED
Albireo Pharma Inc
ALBO
| $1.19M | ﹤0.01% |
46,594
+18,425
| +65% | +$467K |
|
|
PCI
2587
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $1.19M | ﹤0.01% |
+53,176
| New | +$1.2M |
|
2588
CALL
Inogen
INGN
$148M
| $1.19M | ﹤0.01% |
10,000
| – | – |
|
2589
BlackLine
BL
$1.82B
| $1.19M | ﹤0.01% |
36,276
-100,354
| -73% | -$3.51M |
|
2590
Invesco Mortgage Capital
IVR
$793M
| $1.19M | ﹤0.01% |
6,673
-73,030
| -92% | -$12.9M |
|
|
PRA
2591
DELISTED
ProAssurance
PRA
| $1.19M | ﹤0.01% |
20,806
-171,581
| -89% | -$10M |
|
2592
GATX Corp
GATX
$6.3B
| $1.19M | ﹤0.01% |
19,109
+5,112
| +37% | +$310K |
|
|
NSU
2593
DELISTED
Nevsun Resources Ltd.
NSU
| $1.19M | ﹤0.01% |
486,104
+58,765
| +14% | +$136K |
|
|
ARAV
2594
DELISTED
Aravive, Inc. Common Stock
ARAV
| $1.18M | ﹤0.01% |
89,485
-38,154
| -30% | -$491K |
|
2595
Genuine Parts
GPC
$19.2B
| $1.18M | ﹤0.01% |
+12,409
| New | +$1.13M |
|
2596
Shinhan Financial Group
SHG
$36.4B
| $1.18M | ﹤0.01% |
+25,402
| New | +$1.14M |
|
|
WPG
2597
DELISTED
Washington Prime Group Inc.
WPG
| $1.18M | ﹤0.01% |
18,385
-70,799
| -79% | -$4.81M |
|
2598
Gladstone Investment Corp
GAIN
$653M
| $1.18M | ﹤0.01% |
105,456
+73,303
| +228% | +$776K |
|
|
KL
2599
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $1.17M | ﹤0.01% |
+76,091
| New | +$1.05M |
|
|
HDV
2600
iShares Core High Dividend ETF
HDV
$15.3B
| $1.17M | ﹤0.01% |
64,785
-32,935
| -34% | -$576K |
|
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 $3.05B 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.