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 | |
|---|---|---|---|---|---|---|
2601
Nuveen California Quality Municipal Income Fund
NAC
$1.83B
| $1.17M | ﹤0.01% |
81,390
+45,455
| +126% | +$664K |
|
2602
Benchmark Electronics
BHE
$2.64B
| $1.16M | ﹤0.01% |
+39,733
| New | +$1.24M |
|
2603
Blackbaud
BLKB
$2.22B
| $1.16M | ﹤0.01% |
+12,234
| New | +$1.18M |
|
|
DSL
2604
DoubleLine Income Solutions Fund
DSL
$1.22B
| $1.16M | ﹤0.01% |
57,267
+47,819
| +506% | +$984K |
|
|
EDN
2605
Edenor
EDN
$1.03B
| $1.16M | ﹤0.01% |
+23,263
| New | +$1.04M |
|
|
DF
2606
PUT
DELISTED
Dean Foods Company
DF
| $1.16M | ﹤0.01% |
+100,000
| New | +$1.06M |
|
2607
HEICO Corp
HEI
$47B
| $1.15M | ﹤0.01% |
23,895
+12,698
| +113% | +$592K |
|
|
CBMG
2608
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $1.15M | ﹤0.01% |
102,516
-56,920
| -36% | -$594K |
|
2609
ePlus
PLUS
$2.26B
| $1.15M | ﹤0.01% |
+30,612
| New | +$1.29M |
|
|
STDY
2610
DELISTED
SteadyMed Ltd
STDY
| $1.15M | ﹤0.01% |
310,232
+20,232
| +7% | +$65.4K |
|
2611
Clearway Energy Class C
CWEN
$6.64B
| $1.14M | ﹤0.01% |
60,466
-681,528
| -92% | -$12.9M |
|
|
DHIL
2612
DELISTED
Diamond Hill
DHIL
| $1.14M | ﹤0.01% |
5,532
+4,194
| +313% | +$883K |
|
2613
iShares Core S&P Total US Stock Market ETF
ITOT
$97.7B
| $1.14M | ﹤0.01% |
18,680
+14,349
| +331% | +$855K |
|
2614
Tompkins Financial
TMP
$1.4B
| $1.14M | ﹤0.01% |
14,037
+7,079
| +102% | +$601K |
|
2615
Murphy USA
MUSA
$9.48B
| $1.14M | ﹤0.01% |
14,147
-1,204
| -8% | -$91K |
|
|
WGL
2616
DELISTED
Wgl Holdings
WGL
| $1.14M | ﹤0.01% |
13,249
-38,665
| -74% | -$3.3M |
|
2617
Precigen
PGEN
$2.64B
| $1.14M | ﹤0.01% |
98,544
-301,956
| -75% | -$4.5M |
|
|
SEAC
2618
DELISTED
Seachange International Inc
SEAC
| $1.14M | ﹤0.01% |
14,440
+13,810
| +2,192% | +$816K |
|
|
PTVCB
2619
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.13M | ﹤0.01% |
47,353
-1,373
| -3% | -$32K |
|
2620
iShares MSCI Spain ETF
EWP
$2.25B
| $1.13M | ﹤0.01% |
34,581
+13,989
| +68% | +$463K |
|
|
KDMN
2621
DELISTED
Kadmon Holdings, Inc.
KDMN
| $1.13M | ﹤0.01% |
313,073
-201,967
| -39% | -$721K |
|
|
NCI
2622
DELISTED
Navigant Consulting, Inc.
NCI
| $1.13M | ﹤0.01% |
58,353
-189,351
| -76% | -$3.44M |
|
|
EARN
2623
Ellington Residential Mortgage REIT
EARN
$168M
| $1.13M | ﹤0.01% |
93,916
+13,807
| +17% | +$184K |
|
2624
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.9B
| $1.13M | ﹤0.01% |
8,504
+2,967
| +54% | +$386K |
|
2625
Addus HomeCare
ADUS
$2.22B
| $1.13M | ﹤0.01% |
+32,387
| New | +$1.1M |
|
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.