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 | |
|---|---|---|---|---|---|---|
|
STMP
2751
DELISTED
Stamps.com, Inc.
STMP
| $902K | ﹤0.01% |
4,798
+2,695
| +128% | +$521K |
|
|
TRTX
2752
TPG RE Finance Trust
TRTX
$596M
| $900K | ﹤0.01% |
47,229
-13,341
| -22% | -$260K |
|
2753
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.64B
| $899K | ﹤0.01% |
+686
| New | +$909K |
|
|
FFG
2754
DELISTED
FBL Financial Group
FFG
| $899K | ﹤0.01% |
12,906
-15,649
| -55% | -$1.16M |
|
2755
Cathay General Bancorp
CATY
$4.14B
| $898K | ﹤0.01% |
21,295
-271,532
| -93% | -$11.3M |
|
2756
KNOT Offshore Partners
KNOP
$369M
| $898K | ﹤0.01% |
43,294
+30,795
| +246% | +$666K |
|
2757
Turning Point Brands
TPB
$1.76B
| $898K | ﹤0.01% |
42,500
+17,252
| +68% | +$304K |
|
2758
Dr. Reddy's Laboratories
RDY
$10.2B
| $897K | ﹤0.01% |
119,450
+88,815
| +290% | +$640K |
|
2759
Gartner
IT
$12.3B
| $896K | ﹤0.01% |
7,273
-333,330
| -98% | -$40.5M |
|
2760
Spire
SR
$4.96B
| $896K | ﹤0.01% |
11,917
-64,562
| -84% | -$5.01M |
|
|
NXTM
2761
DELISTED
NxStage Medical Inc.
NXTM
| $896K | ﹤0.01% |
+36,969
| New | +$974K |
|
|
CTR
2762
DELISTED
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
| $894K | ﹤0.01% |
+15,386
| New | +$894K |
|
2763
Natera
NTRA
$48.7B
| $892K | ﹤0.01% |
99,235
-34,998
| -26% | -$378K |
|
|
SBOW
2764
DELISTED
SilverBow Resources, Inc.
SBOW
| $891K | ﹤0.01% |
+29,978
| New | +$700K |
|
|
TLRA
2765
DELISTED
Telaria, Inc.
TLRA
| $890K | ﹤0.01% |
220,891
+178,892
| +426% | +$760K |
|
|
HAYN
2766
DELISTED
Haynes International, Inc.
HAYN
| $889K | ﹤0.01% |
+27,733
| New | +$945K |
|
2767
Vanguard Dividend Appreciation ETF
VIG
$114B
| $887K | ﹤0.01% |
8,689
-5,844
| -40% | -$575K |
|
2768
Fortuna Silver Mines
FSM
$3.68B
| $884K | ﹤0.01% |
169,388
-891,798
| -84% | -$4.02M |
|
2769
Markel Group
MKL
$22.5B
| $884K | ﹤0.01% |
776
-1,282
| -62% | -$1.4M |
|
2770
Texas Pacific Land
TPL
$25.4B
| $884K | ﹤0.01% |
17,820
-11,007
| -38% | -$501K |
|
|
MCBC
2771
DELISTED
Macatawa Bank Corp
MCBC
| $883K | ﹤0.01% |
88,253
-7,386
| -8% | -$74.5K |
|
2772
State Street Utilities Select Sector SPDR ETF
XLU
$22.3B
| $882K | ﹤0.01% |
33,488
-104,400
| -76% | -$2.86M |
|
2773
Columbia Banking Systems
COLB
$8.7B
| $877K | ﹤0.01% |
20,195
-207,613
| -91% | -$9.06M |
|
|
MYOV
2774
DELISTED
Myovant Sciences Ltd.
MYOV
| $876K | ﹤0.01% |
69,266
-30,666
| -31% | -$411K |
|
2775
Nuveen Real Asset Income & Growth Fund
JRI
$342M
| $874K | ﹤0.01% |
+49,077
| New | +$870K |
|
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.