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 | |
|---|---|---|---|---|---|---|
2901
Talphera
TLPH
$63.8M
| $718K | ﹤0.01% |
17,717
-3,801
| -18% | -$186K |
|
|
CBL
2902
DELISTED
CBL& Associates Properties, Inc.
CBL
| $715K | ﹤0.01% |
+126,363
| New | +$845K |
|
|
FPF
2903
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.08B
| $714K | ﹤0.01% |
29,314
+13,132
| +81% | +$324K |
|
2904
WIX.com
WIX
$3.6B
| $714K | ﹤0.01% |
+12,412
| New | +$768K |
|
2905
Horizon Bancorp
HBNC
$1B
| $713K | ﹤0.01% |
38,448
+26,311
| +217% | +$486K |
|
|
PRGX
2906
DELISTED
PRGX Global, Inc.
PRGX
| $713K | ﹤0.01% |
+100,443
| New | +$731K |
|
|
BSFT
2907
DELISTED
BroadSoft, Inc.
BSFT
| $710K | ﹤0.01% |
+12,937
| New | +$705K |
|
2908
Transportadora de Gas del Sur
TGS
$4.28B
| $709K | ﹤0.01% |
33,133
-1,918
| -5% | -$39.8K |
|
|
MPX
2909
DELISTED
Marine Products Corp
MPX
| $708K | ﹤0.01% |
55,577
+8,009
| +17% | +$119K |
|
2910
Axsome Therapeutics
AXSM
$10.8B
| $705K | ﹤0.01% |
125,906
-44,152
| -26% | -$223K |
|
2911
Federal Agricultural Mortgage
AGM
$2.38B
| $703K | ﹤0.01% |
+8,982
| New | +$666K |
|
|
KAMN
2912
DELISTED
Kaman Corp
KAMN
| $703K | ﹤0.01% |
+11,951
| New | +$681K |
|
2913
Agilysys
AGYS
$3.23B
| $701K | ﹤0.01% |
57,085
+27,585
| +94% | +$337K |
|
2914
Sonoco
SON
$5.72B
| $700K | ﹤0.01% |
13,164
-878,165
| -99% | -$46M |
|
|
ASNA
2915
DELISTED
Ascena Retail Group, Inc.
ASNA
| $700K | ﹤0.01% |
14,894
+9,946
| +201% | +$419K |
|
2916
Rush Enterprises Class B
RUSHB
$8.44B
| $698K | ﹤0.01% |
32,573
-16,797
| -34% | -$346K |
|
|
XOXO
2917
DELISTED
Xo Group Inc
XOXO
| $696K | ﹤0.01% |
37,687
-19,765
| -34% | -$384K |
|
2918
Paycom
PAYC
$10.4B
| $695K | ﹤0.01% |
+8,653
| New | +$692K |
|
2919
Astrana Health
ASTH
$1.87B
| $695K | ﹤0.01% |
+28,938
| New | +$581K |
|
|
ORIT
2920
DELISTED
Oritani Financial Corp. New
ORIT
| $695K | ﹤0.01% |
42,383
-144,509
| -77% | -$2.43M |
|
2921
Gaia
GAIA
$39.2M
| $690K | ﹤0.01% |
55,656
+25,202
| +83% | +$312K |
|
|
BSTC
2922
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $690K | ﹤0.01% |
15,913
+7,396
| +87% | +$332K |
|
2923
Invesco Preferred ETF
PGX
$3.74B
| $689K | ﹤0.01% |
46,337
-49,486
| -52% | -$741K |
|
2924
CEVA Inc
CEVA
$762M
| $688K | ﹤0.01% |
14,905
-111,775
| -88% | -$5.13M |
|
2925
Safety Insurance
SAFT
$1.52B
| $688K | ﹤0.01% |
8,552
-33,248
| -80% | -$2.69M |
|
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.