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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Financials | 12.22% |
| 3 | Technology | 12.2% |
| 4 | Industrials | 9.84% |
| 5 | Consumer Discretionary | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2626
B2Gold
BTG
$7.58B
| $706K | ﹤0.01% |
251,083
+236,883
| +1,668% | +$624K |
|
|
DBD
2627
DELISTED
Diebold Nixdorf Incorporated
DBD
| $704K | ﹤0.01% |
+25,156
| New | +$696K |
|
2628
PennyMac Financial
PFSI
$3.79B
| $702K | ﹤0.01% |
42,063
-290,946
| -87% | -$4.81M |
|
|
TEI
2629
Templeton Emerging Markets Income Fund
TEI
$322M
| $701K | ﹤0.01% |
62,505
+27,833
| +80% | +$317K |
|
2630
Groupon
GRPN
$775M
| $700K | ﹤0.01% |
9,114
-166,638
| -95% | -$11.6M |
|
2631
Gabelli Dividend & Income Trust
GDV
$2.66B
| $699K | ﹤0.01% |
32,046
+12,807
| +67% | +$275K |
|
2632
Glacier Bancorp
GBCI
$6.14B
| $697K | ﹤0.01% |
19,045
-7,905
| -29% | -$270K |
|
2633
The RMR Group
RMR
$333M
| $694K | ﹤0.01% |
+14,269
| New | +$720K |
|
2634
Moog Inc Class A
MOG.A
$12.2B
| $693K | ﹤0.01% |
9,661
-7,307
| -43% | -$506K |
|
|
MNDT
2635
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $693K | ﹤0.01% |
45,551
-3,288,742
| -99% | -$46.7M |
|
|
SHOE
2636
Shoe Station Group
SHOE
$391M
| $687K | ﹤0.01% |
+65,838
| New | +$726K |
|
|
TCS
2637
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $687K | ﹤0.01% |
+7,736
| New | +$556K |
|
|
GGN
2638
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$884M
| $684K | ﹤0.01% |
124,171
-200,210
| -62% | -$1.14M |
|
2639
Commercial Vehicle Group
CVGI
$124M
| $680K | ﹤0.01% |
80,502
-280,558
| -78% | -$2.29M |
|
2640
uniQure
QURE
$3.53B
| $680K | ﹤0.01% |
109,935
-139,566
| -56% | -$754K |
|
2641
Advanced Drainage Systems
WMS
$10.7B
| $679K | ﹤0.01% |
33,788
-304,499
| -90% | -$6.54M |
|
2642
Unisys
UIS
$190M
| $678K | ﹤0.01% |
52,947
-169,541
| -76% | -$2.06M |
|
|
FSTX
2643
DELISTED
F-star Therapeutics, Inc. Common Stock
FSTX
| $677K | ﹤0.01% |
12,499
-3,755
| -23% | -$174K |
|
2644
Ameresco
AMRC
$1.18B
| $676K | ﹤0.01% |
87,748
-9,181
| -9% | -$61.7K |
|
|
BFIN
2645
DELISTED
BankFinancial
BFIN
| $676K | ﹤0.01% |
45,309
+7,922
| +21% | +$117K |
|
|
TARO
2646
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $676K | ﹤0.01% |
+6,031
| New | +$681K |
|
2647
Nuveen Credit Strategies Income Fund
JQC
$702M
| $675K | ﹤0.01% |
78,440
+29,091
| +59% | +$254K |
|
|
2648
Targa Resources
TRGP
$63B
| $674K | ﹤0.01% |
14,911
-3,057,707
| -100% | -$154M |
|
|
VPU
2649
Vanguard Utilities ETF
VPU
$8.4B
| $674K | ﹤0.01% |
+5,895
| New | +$680K |
|
|
MXIM
2650
CALL
DELISTED
Maxim Integrated Products
MXIM
| $674K | ﹤0.01% |
+15,000
| New | +$689K |
|
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Israel Englander's Q2 2017 Portfolio in Review
As of Q2 2017, Israel Englander held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Israel Englander's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Israel Englander added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Israel Englander's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Israel Englander fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Israel Englander's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Israel Englander opened 803 new positions and closed 840 in Q2 2017.
- Israel Englander's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.