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 | |
|---|---|---|---|---|---|---|
2826
PUT
LivaNova
LIVN
$4.37B
| $799K | ﹤0.01% |
+10,000
| New | +$794K |
|
2827
Dycom Industries
DY
$10.6B
| $798K | ﹤0.01% |
+7,158
| New | +$691K |
|
2828
Honda
HMC
$41.3B
| $798K | ﹤0.01% |
23,411
-1,023,803
| -98% | -$33.1M |
|
2829
PUT
Labcorp
LH
$27.4B
| $798K | ﹤0.01% |
5,820
-5,820
| -50% | -$769K |
|
|
ANW
2830
DELISTED
Aegean Marine Petroleum Network
ANW
| $798K | ﹤0.01% |
185,642
-341,543
| -65% | -$1.44M |
|
|
ETG
2831
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.85B
| $795K | ﹤0.01% |
45,859
+20,667
| +82% | +$356K |
|
2832
Royce Value Trust
RVT
$2.32B
| $794K | ﹤0.01% |
49,077
+35,857
| +271% | +$569K |
|
|
MARK
2833
DELISTED
Remark Holdings, Inc.
MARK
| $794K | ﹤0.01% |
+8,156
| New | +$482K |
|
2834
Albany International
AIN
$1.65B
| $791K | ﹤0.01% |
12,867
+8,745
| +212% | +$527K |
|
|
HOS
2835
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $790K | ﹤0.01% |
253,965
-535,247
| -68% | -$1.95M |
|
2836
Invesco Senior Income Trust
VVR
$453M
| $789K | ﹤0.01% |
179,639
+95,664
| +114% | +$421K |
|
2837
ResMed
RMD
$34.1B
| $787K | ﹤0.01% |
9,297
-20,323
| -69% | -$1.68M |
|
2838
iShares 20+ Year Treasury Bond ETF
TLT
$47.1B
| $785K | ﹤0.01% |
6,191
-42,658
| -87% | -$5.35M |
|
2839
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.61B
| $784K | ﹤0.01% |
7,398
+577
| +8% | +$61.3K |
|
|
CORE
2840
DELISTED
Core Mark Holding Co., Inc.
CORE
| $784K | ﹤0.01% |
+24,832
| New | +$795K |
|
2841
DXP Enterprises
DXPE
$2.92B
| $783K | ﹤0.01% |
26,467
-99,699
| -79% | -$2.9M |
|
2842
Descartes Systems
DSGX
$6.64B
| $782K | ﹤0.01% |
+27,548
| New | +$792K |
|
|
LX
2843
LexinFintech Holdings
LX
$214M
| $782K | ﹤0.01% |
+56,249
| New | +$744K |
|
2844
ICICI Bank
IBN
$109B
| $781K | ﹤0.01% |
80,263
-1,156,898
| -94% | -$10.7M |
|
2845
CALL
McKesson
MCK
$106B
| $780K | ﹤0.01% |
+5,000
| New | +$741K |
|
|
DRYS
2846
DELISTED
DryShips Inc. Common Stock
DRYS
| $777K | ﹤0.01% |
+220,066
| New | +$838K |
|
2847
ACI Worldwide
ACIW
$5.29B
| $775K | ﹤0.01% |
34,180
-106,567
| -76% | -$2.47M |
|
2848
Chipotle Mexican Grill
CMG
$47.4B
| $775K | ﹤0.01% |
134,050
-1,580,300
| -92% | -$9.43M |
|
|
WG
2849
DELISTED
Willbros Group
WG
| $774K | ﹤0.01% |
545,215
+197,810
| +57% | +$414K |
|
2850
Trade Desk
TTD
$6.23B
| $773K | ﹤0.01% |
+168,990
| New | +$933K |
|
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.