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 | |
|---|---|---|---|---|---|---|
2876
Clarus
CLAR
$145M
| $676K | ﹤0.01% |
100,558
+36,667
| +57% | +$260K |
|
|
ORC
2877
Orchid Island Capital
ORC
$1.34B
| $676K | ﹤0.01% |
18,337
+12,899
| +237% | +$497K |
|
2878
Schwab US Broad Market ETF
SCHB
$44.6B
| $676K | ﹤0.01% |
63,612
-56,652
| -47% | -$622K |
|
2879
Tennant Co
TNC
$1.19B
| $672K | ﹤0.01% |
9,928
+5,252
| +112% | +$357K |
|
|
SGY
2880
DELISTED
Stone Energy
SGY
| $672K | ﹤0.01% |
+18,104
| New | +$620K |
|
2881
Erie Indemnity
ERIE
$13.5B
| $671K | ﹤0.01% |
5,703
-1,797
| -24% | -$209K |
|
2882
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.9B
| $671K | ﹤0.01% |
7,905
-18,506
| -70% | -$1.58M |
|
|
BEL
2883
DELISTED
Belmond Ltd.
BEL
| $671K | ﹤0.01% |
60,157
-52,885
| -47% | -$650K |
|
|
BXMX
2884
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $669K | ﹤0.01% |
+50,208
| New | +$693K |
|
|
ACHN
2885
DELISTED
Achillion Pharmaceuticals
ACHN
| $668K | ﹤0.01% |
180,025
-36,415
| -17% | -$119K |
|
|
ODP
2886
DELISTED
ODP
ODP
| $667K | ﹤0.01% |
31,041
-51,332
| -62% | -$1.51M |
|
|
PDCO
2887
CALL
DELISTED
Patterson Companies, Inc.
PDCO
| $667K | ﹤0.01% |
+30,000
| New | +$934K |
|
2888
Wolfspeed
WOLF
$1.31B
| $663K | ﹤0.01% |
+16,440
| New | +$619K |
|
|
SPA
2889
DELISTED
Sparton
SPA
| $661K | ﹤0.01% |
+37,948
| New | +$802K |
|
|
GTHX
2890
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $659K | ﹤0.01% |
+17,797
| New | +$475K |
|
|
MPX
2891
DELISTED
Marine Products Corp
MPX
| $658K | ﹤0.01% |
46,985
-8,592
| -15% | -$123K |
|
2892
iShares MSCI China ETF
MCHI
$6.24B
| $657K | ﹤0.01% |
+9,582
| New | +$680K |
|
|
KEG
2893
DELISTED
Key Energy Services, Inc. Common Stock
KEG
| $656K | ﹤0.01% |
+55,996
| New | +$796K |
|
2894
Flexsteel Industries
FLXS
$332M
| $654K | ﹤0.01% |
16,526
-52,530
| -76% | -$2.2M |
|
2895
The GEO Group
GEO
$4.23B
| $654K | ﹤0.01% |
31,940
-704,340
| -96% | -$15.3M |
|
|
GPMT
2896
Granite Point Mortgage Trust
GPMT
$51.1M
| $653K | ﹤0.01% |
+39,510
| New | +$679K |
|
2897
Grupo Aeroportuario del Pacifico
PAC
$12.5B
| $652K | ﹤0.01% |
6,547
-22,931
| -78% | -$2.33M |
|
2898
Byline Bancorp
BY
$1.72B
| $650K | ﹤0.01% |
28,352
-68,477
| -71% | -$1.56M |
|
2899
BlueLinx
BXC
$656M
| $647K | ﹤0.01% |
19,866
-22,866
| -54% | -$425K |
|
|
EFR
2900
Eaton Vance Senior Floating-Rate Fund
EFR
$314M
| $647K | ﹤0.01% |
43,754
+28,410
| +185% | +$410K |
|
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.