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 | |
|---|---|---|---|---|---|---|
|
LTM
2851
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $577K | ﹤0.01% |
56,054
+43,132
| +334% | +$416K |
|
|
IRS
2852
IRSA Inversiones y Representaciones
IRS
$1.28B
| $576K | ﹤0.01% |
43,688
-97,767
| -69% | -$1.33M |
|
2853
Henry Schein
HSIC
$9.99B
| $575K | ﹤0.01% |
+9,330
| New | +$614K |
|
2854
Alpha Metallurgical Resources
AMR
$2.73B
| $573K | ﹤0.01% |
+8,721
| New | +$584K |
|
2855
Arthur J. Gallagher & Co
AJG
$68.8B
| $572K | ﹤0.01% |
7,764
-518,191
| -99% | -$38.7M |
|
2856
OneSpan
OSPN
$567M
| $571K | ﹤0.01% |
44,079
+21,927
| +99% | +$356K |
|
2857
Kratos Defense & Security Solutions
KTOS
$9.88B
| $570K | ﹤0.01% |
40,466
-940,158
| -96% | -$13M |
|
2858
International Money Express
IMXI
$425M
| $569K | ﹤0.01% |
47,600
-109,132
| -70% | -$1.31M |
|
2859
Commercial Metals
CMC
$7.4B
| $568K | ﹤0.01% |
35,456
-231,048
| -87% | -$4.31M |
|
2860
3D Systems Corp
DDD
$535M
| $567K | ﹤0.01% |
55,741
-283,163
| -84% | -$3.88M |
|
2861
FS Bancorp
FSBW
$336M
| $567K | ﹤0.01% |
26,466
-18,476
| -41% | -$431K |
|
2862
PUT
Charles River Laboratories
CRL
$14.2B
| $566K | ﹤0.01% |
+5,000
| New | +$626K |
|
|
EFR
2863
Eaton Vance Senior Floating-Rate Fund
EFR
$314M
| $566K | ﹤0.01% |
45,104
+458
| +1% | +$6.12K |
|
2864
CALL
PENN Entertainment
PENN
$2.38B
| $565K | ﹤0.01% |
+30,000
| New | +$713K |
|
2865
Carlisle Companies
CSL
$14.4B
| $564K | ﹤0.01% |
5,615
-173,197
| -97% | -$17.8M |
|
2866
National Healthcare
NHC
$3.52B
| $564K | ﹤0.01% |
+7,192
| New | +$563K |
|
|
TRCB
2867
DELISTED
Two River Bancorp
TRCB
| $564K | ﹤0.01% |
36,941
-21,257
| -37% | -$326K |
|
2868
Piper Sandler
PIPR
$5.28B
| $563K | ﹤0.01% |
34,196
-287,904
| -89% | -$5.02M |
|
|
BBOX
2869
DELISTED
Black Box Corp
BBOX
| $562K | ﹤0.01% |
+520,035
| New | +$530K |
|
|
MSL
2870
DELISTED
Midsouth Bancorp, Inc.
MSL
| $560K | ﹤0.01% |
52,873
-46,004
| -47% | -$605K |
|
2871
CALL
Merit Medical Systems
MMSI
$5.44B
| $558K | ﹤0.01% |
+10,000
| New | +$594K |
|
2872
Vanguard FTSE Europe ETF
VGK
$31.3B
| $557K | ﹤0.01% |
11,454
+3,438
| +43% | +$177K |
|
2873
Generac Holdings
GNRC
$11.9B
| $555K | ﹤0.01% |
11,164
-107,675
| -91% | -$5.78M |
|
2874
Schwab International Equity ETF
SCHF
$70B
| $555K | ﹤0.01% |
+39,124
| New | +$599K |
|
2875
First Busey Corp
BUSE
$2.48B
| $554K | ﹤0.01% |
22,584
-205,570
| -90% | -$5.69M |
|
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.