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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
UFS
2751
CALL
DELISTED
DOMTAR CORPORATION (New)
UFS
| $703K | ﹤0.01% |
+20,000
| New | +$877K |
|
2752
Leidos
LDOS
$16.9B
| $702K | ﹤0.01% |
13,324
-194,431
| -94% | -$12.1M |
|
2753
PUT
Philips
PHG
$26.8B
| $702K | ﹤0.01% |
+25,766
| New | +$761K |
|
|
BRQS
2754
DELISTED
Borqs Technologies, Inc. Ordinary Shares
BRQS
| $701K | ﹤0.01% |
1,133
-67
| -6% | -$47.3K |
|
|
RWT
2755
Redwood Trust
RWT
$593M
| $699K | ﹤0.01% |
+46,387
| New | +$749K |
|
|
ZAGG
2756
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $699K | ﹤0.01% |
71,464
+28,378
| +66% | +$320K |
|
2757
Banco Bradesco
BBDO
$34.7B
| $697K | ﹤0.01% |
117,136
+16,512
| +16% | +$93.2K |
|
2758
National CineMedia
NCMI
$256M
| $696K | ﹤0.01% |
10,737
-3,530
| -25% | -$278K |
|
2759
NCS Multistage Holdings
NCSM
$128M
| $693K | ﹤0.01% |
+6,811
| New | +$1.31M |
|
2760
Camtek
CAMT
$6.84B
| $692K | ﹤0.01% |
102,149
-79,173
| -44% | -$614K |
|
2761
US Bancorp
USB
$97.2B
| $690K | ﹤0.01% |
15,102
-79,413
| -84% | -$4.09M |
|
|
WBT
2762
DELISTED
Welbilt, Inc.
WBT
| $689K | ﹤0.01% |
62,006
+11,529
| +23% | +$178K |
|
2763
Concrete Pumping Holdings
BBCP
$478M
| $688K | ﹤0.01% |
+83,537
| New | +$824K |
|
2764
PNC Financial Services
PNC
$97.4B
| $688K | ﹤0.01% |
5,887
-1,032,096
| -99% | -$132M |
|
2765
BlackRock Debt Strategies Fund
DSU
$593M
| $683K | ﹤0.01% |
+69,896
| New | +$738K |
|
|
MAG
2766
DELISTED
MAG Silver
MAG
| $681K | ﹤0.01% |
93,353
+63,298
| +211% | +$459K |
|
|
MOGU
2767
MOGU Inc
MOGU
$15.9M
| $679K | ﹤0.01% |
+2,760
| New | +$582K |
|
2768
RLI Corp
RLI
$5.96B
| $678K | ﹤0.01% |
+19,668
| New | +$715K |
|
|
MCF
2769
DELISTED
Contango Oil & Gas Co.
MCF
| $678K | ﹤0.01% |
208,477
-94,228
| -31% | -$437K |
|
2770
Zymeworks
ZYME
$1.96B
| $675K | ﹤0.01% |
45,995
-27,113
| -37% | -$356K |
|
2771
Corporacion America
CAAP
$4.05B
| $671K | ﹤0.01% |
101,212
+16,244
| +19% | +$126K |
|
|
STEX
2772
Streamex Corp
STEX
$88.2M
| $670K | ﹤0.01% |
+15,682
| New | +$688K |
|
2773
Atlanta Braves Holdings Series B
BATRK
$3.4B
| $667K | ﹤0.01% |
+26,816
| New | +$679K |
|
2774
PUT
Xylem
XYL
$26.3B
| $667K | ﹤0.01% |
+10,000
| New | +$692K |
|
|
GLOP
2775
DELISTED
GASLOG PARTNERS LP
GLOP
| $667K | ﹤0.01% |
33,676
+25,623
| +318% | +$600K |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.