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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MVC
2776
DELISTED
MVC Capital, Inc.
MVC
| $576K | ﹤0.01% |
57,552
-54,335
| -49% | -$551K |
|
|
MJCO
2777
DELISTED
Majesco
MJCO
| $574K | ﹤0.01% |
115,065
-9,941
| -8% | -$48.2K |
|
2778
Groupon
GRPN
$801M
| $573K | ﹤0.01% |
5,506
-3,608
| -40% | -$298K |
|
|
VIA
2779
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $573K | ﹤0.01% |
+7,646
| New | +$685K |
|
2780
Tempest Therapeutics
TPST
$18.4M
| $572K | ﹤0.01% |
138
-5
| -3% | -$21.4K |
|
2781
Ceco Environmental
CECO
$4.11B
| $570K | ﹤0.01% |
67,427
-29,237
| -30% | -$251K |
|
|
AIOT
2782
PowerFleet Inc
AIOT
$395M
| $569K | ﹤0.01% |
+75,800
| New | +$499K |
|
2783
Schwab US Large-Cap Growth ETF
SCHG
$62.2B
| $568K | ﹤0.01% |
68,776
+25,512
| +59% | +$207K |
|
2784
Caleres
CAL
$437M
| $567K | ﹤0.01% |
+18,578
| New | +$502K |
|
2785
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.18B
| $565K | ﹤0.01% |
6,870
+3,382
| +97% | +$264K |
|
|
CEMP
2786
DELISTED
Cempra, Inc.
CEMP
| $564K | ﹤0.01% |
173,595
-166,635
| -49% | -$588K |
|
|
CUK
2787
DELISTED
Carnival PLC
CUK
| $563K | ﹤0.01% |
8,731
-3,351
| -28% | -$225K |
|
2788
Cohen & Steers Quality Income Realty Fund
RQI
$1.68B
| $563K | ﹤0.01% |
44,806
-8,166
| -15% | -$104K |
|
2789
Martin Marietta Materials
MLM
$37.7B
| $560K | ﹤0.01% |
2,716
-432,086
| -99% | -$91.3M |
|
2790
Ring Energy
REI
$375M
| $560K | ﹤0.01% |
+38,628
| New | +$498K |
|
2791
Cohen & Steers Infrastructure Fund
UTF
$3.06B
| $558K | ﹤0.01% |
+24,241
| New | +$563K |
|
2792
Manchester United
MANU
$4.1B
| $555K | ﹤0.01% |
30,806
+18,454
| +149% | +$311K |
|
|
GPMT
2793
Granite Point Mortgage Trust
GPMT
$50.6M
| $554K | ﹤0.01% |
29,600
-282,782
| -91% | -$5.39M |
|
2794
iShares Russell 2000 Value ETF
IWN
$14.6B
| $554K | ﹤0.01% |
+4,461
| New | +$526K |
|
2795
Qorvo
QRVO
$8.33B
| $553K | ﹤0.01% |
7,830
-47,341
| -86% | -$3.3M |
|
|
EIGR
2796
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $550K | ﹤0.01% |
1,667
+126
| +8% | +$34.3K |
|
2797
Oil-Dri
ODC
$1.34B
| $547K | ﹤0.01% |
+22,342
| New | +$468K |
|
|
NVIV
2798
DELISTED
InVivo Therapeutics Holdings Corp
NVIV
| $547K | ﹤0.01% |
20
-2
| -9% | -$61.5K |
|
2799
Foster
FSTR
$400M
| $545K | ﹤0.01% |
23,977
+7,671
| +47% | +$150K |
|
2800
Invesco FTSE RAFI US 1000 ETF
PRF
$10.1B
| $545K | ﹤0.01% |
25,440
+15,645
| +160% | +$327K |
|
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Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.