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 | |
|---|---|---|---|---|---|---|
2701
EastGroup Properties
EGP
$10.8B
| $1M | ﹤0.01% |
+11,324
| New | +$1.03M |
|
2702
PUT
Sally Beauty Holdings
SBH
$1.55B
| $996K | ﹤0.01% |
+53,100
| New | +$920K |
|
2703
LGI Homes
LGIH
$1.35B
| $993K | ﹤0.01% |
+13,234
| New | +$840K |
|
2704
Healthcare Services Group
HCSG
$1.57B
| $989K | ﹤0.01% |
+18,762
| New | +$983K |
|
|
ECHO
2705
DELISTED
Echo Global Logistics, Inc.
ECHO
| $989K | ﹤0.01% |
+35,328
| New | +$847K |
|
2706
CALL
Quest Diagnostics
DGX
$27B
| $985K | ﹤0.01% |
+10,000
| New | +$948K |
|
2707
CVR Energy
CVI
$4.02B
| $983K | ﹤0.01% |
26,401
-101,831
| -79% | -$3.17M |
|
2708
iShares MSCI Chile ETF
ECH
$1.06B
| $983K | ﹤0.01% |
18,841
-7,142
| -27% | -$351K |
|
2709
Calamos Strategic Total Return Fund
CSQ
$3.34B
| $982K | ﹤0.01% |
81,310
+27,574
| +51% | +$337K |
|
2710
Northwest Bancshares
NWBI
$2.24B
| $980K | ﹤0.01% |
58,602
-184,909
| -76% | -$3.11M |
|
|
JP
2711
DELISTED
Jupai Holdings Limited American depositary shares, each representing six ordinary shares
JP
| $980K | ﹤0.01% |
53,018
+16,625
| +46% | +$339K |
|
2712
Jack Henry & Associates
JKHY
$12.2B
| $974K | ﹤0.01% |
+8,324
| New | +$930K |
|
2713
1-800-Flowers.com
FLWS
$240M
| $973K | ﹤0.01% |
90,929
-321,202
| -78% | -$3.21M |
|
2714
Ubiquiti
UI
$36.1B
| $973K | ﹤0.01% |
13,700
-8,433
| -38% | -$540K |
|
2715
Lindsay Corp
LNN
$1.16B
| $969K | ﹤0.01% |
10,981
-29,526
| -73% | -$2.68M |
|
2716
Harmonic Inc
HLIT
$1.36B
| $967K | ﹤0.01% |
230,244
+172,396
| +298% | +$647K |
|
|
TGI
2717
DELISTED
Triumph Group
TGI
| $965K | ﹤0.01% |
35,471
-29,920
| -46% | -$897K |
|
|
AOI
2718
DELISTED
Alliance One International
AOI
| $962K | ﹤0.01% |
72,605
-25,501
| -26% | -$317K |
|
2719
PUT
Darden Restaurants
DRI
$24.8B
| $960K | ﹤0.01% |
+10,000
| New | +$845K |
|
|
PHXM
2720
DELISTED
PHAXIAM Therapeutics S.A.. American Depositary Shares
PHXM
| $959K | ﹤0.01% |
+4,357
| New | +$1.03M |
|
|
PFNX
2721
DELISTED
Pfenex Inc.
PFNX
| $956K | ﹤0.01% |
359,288
+136,514
| +61% | +$378K |
|
2722
ENI
E
$77.3B
| $955K | ﹤0.01% |
+28,785
| New | +$948K |
|
2723
iShares China Large-Cap ETF
FXI
$4.24B
| $953K | ﹤0.01% |
+20,642
| New | +$953K |
|
|
AENZ
2724
DELISTED
Aenza S.A.A.
AENZ
| $950K | ﹤0.01% |
111,065
+37,469
| +51% | +$425K |
|
2725
PLDT
PHI
$4.19B
| $948K | ﹤0.01% |
+31,500
| New | +$993K |
|
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.