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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
ESCO Technologies
ESE
$7.17B
| $832K | ﹤0.01% |
14,216
+6,087
| +75% | +$374K |
|
|
SFE
2777
DELISTED
Safeguard Scientifics, Inc.
SFE
| $830K | ﹤0.01% |
67,787
+37,739
| +126% | +$459K |
|
|
PRAH
2778
CALL
DELISTED
PRA Health Sciences, Inc.
PRAH
| $830K | ﹤0.01% |
+10,000
| New | +$889K |
|
|
WBK
2779
DELISTED
Westpac Banking Corporation
WBK
| $824K | ﹤0.01% |
+37,130
| New | +$890K |
|
2780
Baytex Energy
BTE
$3.22B
| $822K | ﹤0.01% |
+300,047
| New | +$873K |
|
|
DMC
2781
Del Monte Corp
DMC
$1.5B
| $822K | ﹤0.01% |
+18,163
| New | +$856K |
|
2782
Alerian MLP ETF
AMLP
$13.2B
| $821K | ﹤0.01% |
17,515
-1,307,740
| -99% | -$69.9M |
|
2783
iShares MSCI Indonesia ETF
EIDO
$496M
| $819K | ﹤0.01% |
+30,392
| New | +$874K |
|
2784
Amphastar Pharmaceuticals
AMPH
$935M
| $818K | ﹤0.01% |
43,626
-250,046
| -85% | -$4.7M |
|
2785
Invesco S&P 500 Low Volatility ETF
SPLV
$7.08B
| $817K | ﹤0.01% |
17,385
-25,716
| -60% | -$1.22M |
|
2786
Nuveen Municipal Value Fund
NUV
$1.89B
| $815K | ﹤0.01% |
+86,113
| New | +$831K |
|
2787
Surgery Partners
SGRY
$1.84B
| $814K | ﹤0.01% |
+47,459
| New | +$739K |
|
|
AEGN
2788
DELISTED
Aegion Corp
AEGN
| $814K | ﹤0.01% |
35,518
-17,508
| -33% | -$423K |
|
|
AHRT
2789
AH Realty Trust
AHRT
$506M
| $810K | ﹤0.01% |
59,150
-38,908
| -40% | -$540K |
|
|
FEI
2790
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $809K | ﹤0.01% |
+66,070
| New | +$956K |
|
2791
NextDecade
NEXT
$1.99B
| $808K | ﹤0.01% |
163,526
+109,373
| +202% | +$697K |
|
|
CHFN
2792
DELISTED
Charter Financial Corp
CHFN
| $808K | ﹤0.01% |
39,608
-64,036
| -62% | -$1.24M |
|
2793
Cohu
COHU
$2.4B
| $806K | ﹤0.01% |
35,333
-238,668
| -87% | -$5.3M |
|
2794
FreightCar America
RAIL
$238M
| $800K | ﹤0.01% |
59,693
-49,332
| -45% | -$747K |
|
|
SODA
2795
DELISTED
SodaStream International Ltd
SODA
| $799K | ﹤0.01% |
8,703
+764
| +10% | +$61.9K |
|
2796
Evolution Petroleum
EPM
$125M
| $797K | ﹤0.01% |
99,058
+47,687
| +93% | +$370K |
|
2797
PennyMac Financial
PFSI
$3.85B
| $797K | ﹤0.01% |
35,201
+9,865
| +39% | +$230K |
|
|
BFIN
2798
DELISTED
BankFinancial
BFIN
| $795K | ﹤0.01% |
46,831
+2,436
| +5% | +$39K |
|
|
BRT
2799
BRT Apartments
BRT
$285M
| $790K | ﹤0.01% |
+67,226
| New | +$790K |
|
2800
Dawson Geophysical
DWSN
$103M
| $790K | ﹤0.01% |
122,999
-18,193
| -13% | -$107K |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.