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 | |
|---|---|---|---|---|---|---|
276
Textron
TXT
$14.3B
| $54.6M | 0.1% |
1,159,069
+645,692
| +126% | +$30.4M |
|
|
TSS
277
DELISTED
Total System Services, Inc.
TSS
| $54.6M | 0.1% |
937,092
-991,638
| -51% | -$56.7M |
|
278
NOV
NOV
$7.28B
| $54.5M | 0.1% |
1,655,050
+1,562,551
| +1,689% | +$53.9M |
|
279
Intercontinental Exchange
ICE
$90.5B
| $54.1M | 0.1% |
821,082
+237,207
| +41% | +$14.5M |
|
280
Helix Energy Solutions
HLX
$1.53B
| $53.4M | 0.1% |
9,471,822
+1,032,604
| +12% | +$6.24M |
|
281
Baxter International
BAX
$13.6B
| $53.2M | 0.09% |
878,194
-77,512
| -8% | -$4.4M |
|
282
Cheniere Energy
LNG
$57.3B
| $53M | 0.09% |
1,087,123
-636,840
| -37% | -$30.4M |
|
|
PRAH
283
DELISTED
PRA Health Sciences, Inc.
PRAH
| $52.8M | 0.09% |
704,004
-194,290
| -22% | -$13.5M |
|
284
Amazon
AMZN
$2.79T
| $52.7M | 0.09% |
1,089,600
+1,072,460
| +6,257% | +$51.2M |
|
|
AKS
285
CALL
DELISTED
AK Steel Holding Corp
AKS
| $52.6M | 0.09% |
+8,000,000
| New | +$50.2M |
|
286
PVH
PVH
$3.62B
| $52.3M | 0.09% |
456,407
+254,035
| +126% | +$26.3M |
|
287
McKesson
MCK
$100B
| $52M | 0.09% |
316,181
+286,600
| +969% | +$43.5M |
|
|
CJ
288
DELISTED
C&J Energy Services, Inc.
CJ
| $52M | 0.09% |
1,517,306
-437,975
| -22% | -$14.3M |
|
|
PDCO
289
DELISTED
Patterson Companies, Inc.
PDCO
| $51.7M | 0.09% |
1,100,548
+1,065,569
| +3,046% | +$48M |
|
290
Autodesk
ADSK
$53.6B
| $51.7M | 0.09% |
512,360
+395,072
| +337% | +$39.1M |
|
291
Carlisle Companies
CSL
$14.6B
| $51.6M | 0.09% |
541,265
+127,206
| +31% | +$12.9M |
|
|
UFS
292
DELISTED
DOMTAR CORPORATION (New)
UFS
| $51.6M | 0.09% |
1,342,214
+774,243
| +136% | +$29M |
|
293
Nucor
NUE
$55.3B
| $51.3M | 0.09% |
887,013
+599,106
| +208% | +$35.1M |
|
294
Conduent
CNDT
$250M
| $51.3M | 0.09% |
3,219,074
+1,296,038
| +67% | +$21.2M |
|
295
Walt Disney
DIS
$186B
| $51.2M | 0.09% |
481,635
-827,002
| -63% | -$90.6M |
|
296
TransUnion
TRU
$16.2B
| $51.1M | 0.09% |
1,179,489
-1,011,948
| -46% | -$41.9M |
|
|
AVXS
297
DELISTED
AveXis, Inc. Common Stock
AVXS
| $50.8M | 0.09% |
618,763
+241,411
| +64% | +$18.1M |
|
|
LPT
298
DELISTED
Liberty Property Trust
LPT
| $50.3M | 0.09% |
1,236,282
+195,729
| +19% | +$8.04M |
|
299
KLA
KLAC
$240B
| $50M | 0.09% |
5,463,800
+4,113,990
| +305% | +$41.1M |
|
300
Bank of N.T. Butterfield & Son
NTB
$2.3B
| $50M | 0.09% |
1,465,511
+175,762
| +14% | +$5.86M |
|
Similar funds
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.