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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Financials | 12.22% |
| 3 | Technology | 12.2% |
| 4 | Industrials | 9.84% |
| 5 | Consumer Discretionary | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ACBI
2926
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $385K | ﹤0.01% |
+20,287
| New | +$382K |
|
|
TLRA
2927
DELISTED
Telaria, Inc.
TLRA
| $385K | ﹤0.01% |
154,623
+49,413
| +47% | +$113K |
|
|
SNOW
2928
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $384K | ﹤0.01% |
+16,166
| New | +$384K |
|
2929
Primis Financial Corp
FRST
$398M
| $383K | ﹤0.01% |
21,756
-16,961
| -44% | -$294K |
|
2930
Resources Connection
RGP
$147M
| $383K | ﹤0.01% |
27,944
-15,515
| -36% | -$211K |
|
2931
Riverview Bancorp
RVSB
$103M
| $383K | ﹤0.01% |
57,754
-104,311
| -64% | -$726K |
|
2932
Celldex Therapeutics
CLDX
$3.24B
| $382K | ﹤0.01% |
10,319
+5,765
| +127% | +$255K |
|
2933
HCI Group
HCI
$2.31B
| $382K | ﹤0.01% |
+8,123
| New | +$371K |
|
|
ETV
2934
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.76B
| $381K | ﹤0.01% |
+25,015
| New | +$385K |
|
2935
iShares MSCI South Korea ETF
EWY
$28B
| $380K | ﹤0.01% |
+5,600
| New | +$364K |
|
2936
EyePoint Inc
EYPT
$431M
| $380K | ﹤0.01% |
+22,251
| New | +$424K |
|
2937
FuelCell Energy
FCEL
$1.54B
| $379K | ﹤0.01% |
850
+736
| +646% | +$326K |
|
|
HSII
2938
DELISTED
Heidrick & Struggles
HSII
| $379K | ﹤0.01% |
17,422
-62,653
| -78% | -$1.43M |
|
|
ALSK
2939
DELISTED
Alaska Communications Systems
ALSK
| $378K | ﹤0.01% |
171,641
+161,317
| +1,563% | +$352K |
|
2940
Powell Industries
POWL
$6.93B
| $377K | ﹤0.01% |
35,400
-20,322
| -36% | -$226K |
|
|
PRGX
2941
DELISTED
PRGX Global, Inc.
PRGX
| $377K | ﹤0.01% |
57,949
-7,653
| -12% | -$49.2K |
|
2942
TG Therapeutics
TGTX
$8.48B
| $376K | ﹤0.01% |
37,374
-153,253
| -80% | -$1.72M |
|
2943
Gencor Industries
GENC
$283M
| $375K | ﹤0.01% |
+23,131
| New | +$370K |
|
2944
Sunoco
SUN
$14.1B
| $375K | ﹤0.01% |
+12,252
| New | +$365K |
|
|
WIW
2945
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$511M
| $375K | ﹤0.01% |
34,041
+23,576
| +225% | +$262K |
|
|
PBNC
2946
DELISTED
PARAGON COMMERCIAL CORPORATION
PBNC
| $373K | ﹤0.01% |
7,101
-1,848
| -21% | -$96.6K |
|
2947
BGSF Inc
BGSF
$57.7M
| $372K | ﹤0.01% |
+21,383
| New | +$350K |
|
2948
LSB Industries
LXU
$740M
| $372K | ﹤0.01% |
+46,777
| New | +$332K |
|
2949
Turning Point Brands
TPB
$1.72B
| $372K | ﹤0.01% |
24,265
-18,847
| -44% | -$301K |
|
2950
J&J Snack Foods
JJSF
$1.67B
| $371K | ﹤0.01% |
+2,812
| New | +$375K |
|
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Israel Englander's Q2 2017 Portfolio in Review
As of Q2 2017, Israel Englander held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Israel Englander's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Israel Englander added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Israel Englander's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Israel Englander fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Israel Englander's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Israel Englander opened 803 new positions and closed 840 in Q2 2017.
- Israel Englander's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.