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 | |
|---|---|---|---|---|---|---|
|
SWIR
2776
DELISTED
Sierra Wireless
SWIR
| $521K | ﹤0.01% |
18,539
-148,258
| -89% | -$4.05M |
|
|
NTRI
2777
CALL
DELISTED
NutriSystem, Inc.
NTRI
| $521K | ﹤0.01% |
+10,000
| New | +$518K |
|
|
NAV
2778
DELISTED
Navistar International
NAV
| $520K | ﹤0.01% |
19,810
-223,113
| -92% | -$5.89M |
|
|
JPI
2779
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $519K | ﹤0.01% |
+21,120
| New | +$522K |
|
|
PIR
2780
CALL
DELISTED
Pier 1 Imports, Inc.
PIR
| $519K | ﹤0.01% |
+5,000
| New | +$603K |
|
2781
CALL
Coherus Oncology
CHRS
$212M
| $517K | ﹤0.01% |
+36,000
| New | +$692K |
|
2782
Minerva Neurosciences
NERV
$239M
| $517K | ﹤0.01% |
7,296
-2,162
| -23% | -$140K |
|
|
BLDP
2783
Ballard Power Systems
BLDP
$696M
| $516K | ﹤0.01% |
177,810
+77,910
| +78% | +$219K |
|
|
FFIC
2784
DELISTED
Flushing Financial
FFIC
| $516K | ﹤0.01% |
+18,296
| New | +$514K |
|
2785
Reaves Utility Income Fund
UTG
$3.52B
| $516K | ﹤0.01% |
+15,015
| New | +$520K |
|
|
NXGN
2786
CALL
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $516K | ﹤0.01% |
+30,000
| New | +$456K |
|
|
AAAP
2787
DELISTED
Advanced Accelerator Applications S.A.
AAAP
| $515K | ﹤0.01% |
+13,181
| New | +$496K |
|
|
EVOL
2788
DELISTED
Evolving Systems, Inc.
EVOL
| $515K | ﹤0.01% |
100,000
-66
| -0.1% | -$335 |
|
2789
Diageo
DEO
$52.7B
| $512K | ﹤0.01% |
+4,275
| New | +$509K |
|
2790
Forward Air
FWRD
$588M
| $512K | ﹤0.01% |
9,608
-83,456
| -90% | -$4.26M |
|
2791
Radiant Logistics
RLGT
$403M
| $512K | ﹤0.01% |
95,099
-99,655
| -51% | -$575K |
|
|
PRTK
2792
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $511K | ﹤0.01% |
21,209
-490,746
| -96% | -$10.8M |
|
2793
Amkor Technology
AMKR
$12.1B
| $508K | ﹤0.01% |
52,026
-497,185
| -91% | -$5.63M |
|
|
PPP
2794
DELISTED
Primero Mining Corp
PPP
| $508K | ﹤0.01% |
1,469,428
+355,527
| +32% | +$161K |
|
2795
Future Fuel
FF
$236M
| $506K | ﹤0.01% |
33,500
-32,784
| -49% | -$481K |
|
2796
Cytokinetics
CYTK
$10.8B
| $504K | ﹤0.01% |
41,639
-362,789
| -90% | -$5.04M |
|
2797
Genie Energy
GNE
$406M
| $503K | ﹤0.01% |
66,060
+40,586
| +159% | +$310K |
|
2798
Arrow Financial
AROW
$707M
| $502K | ﹤0.01% |
19,513
-8,301
| -30% | -$223K |
|
2799
The Mosaic Company
MOS
$7.72B
| $500K | ﹤0.01% |
21,900
-705,012
| -97% | -$17.3M |
|
2800
VanEck Steel ETF
SLX
$178M
| $497K | ﹤0.01% |
+12,921
| New | +$481K |
|
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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.