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 |
Keurig Dr Pepper
KDP
|
+$870M |
| 2 |
Amazon
AMZN
|
+$319M |
| 3 |
Automatic Data Processing
ADP
|
+$216M |
| 4 |
Evergy
EVRG
|
+$214M |
| 5 |
Chevron
CVX
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$296M |
| 2 |
Mondelez International
MDLZ
|
+$235M |
| 3 |
Abbott
ABT
|
+$229M |
| 4 |
Lam Research
LRCX
|
+$189M |
| 5 |
American International
AIG
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.97% |
| 2 | Technology | 12.66% |
| 3 | Healthcare | 12.25% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Industrials | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BLUE
276
DELISTED
bluebird bio
BLUE
| $70.1M | 0.09% |
+34,474
| New | +$78.6M |
|
|
CIT
277
DELISTED
CIT Group Inc.
CIT
| $69.5M | 0.09% |
1,379,478
+1,056,190
| +327% | +$55.1M |
|
278
Ulta Beauty
ULTA
$22.4B
| $69.4M | 0.09% |
297,196
+279,763
| +1,605% | +$67.6M |
|
279
Broadridge
BR
$20.8B
| $69.2M | 0.09% |
601,086
+509,066
| +553% | +$57.5M |
|
280
Hancock Whitney
HWC
$6.05B
| $69.1M | 0.09% |
1,481,555
-1,180,584
| -44% | -$59.9M |
|
281
American Airlines Group
AAL
$9.15B
| $68.8M | 0.09% |
1,811,194
+1,646,418
| +999% | +$72.6M |
|
|
TMHC
282
DELISTED
Taylor Morrison
TMHC
| $68.3M | 0.09% |
3,287,957
-1,268,560
| -28% | -$28.2M |
|
|
RTN
283
DELISTED
Raytheon Company
RTN
| $67.8M | 0.09% |
351,214
+58,309
| +20% | +$12.3M |
|
284
Oshkosh
OSK
$9.7B
| $67.8M | 0.09% |
964,795
-100,331
| -9% | -$7.5M |
|
285
Eli Lilly
LLY
$1.12T
| $67.5M | 0.09% |
791,240
-282,255
| -26% | -$23.2M |
|
286
Novartis
NVS
$302B
| $67.2M | 0.09% |
992,373
-108,463
| -10% | -$7.48M |
|
|
HBI
287
DELISTED
Hanesbrands
HBI
| $67M | 0.09% |
3,044,642
+1,618,879
| +114% | +$30.5M |
|
288
Philip Morris
PM
$293B
| $66.7M | 0.09% |
826,615
-616,522
| -43% | -$52.3M |
|
289
Owens Corning
OC
$11.7B
| $66.6M | 0.09% |
1,051,205
+106,805
| +11% | +$7.38M |
|
290
Illinois Tool Works
ITW
$80.4B
| $66.6M | 0.09% |
480,522
+52,917
| +12% | +$7.83M |
|
291
WEX
WEX
$6.81B
| $66.5M | 0.09% |
349,272
+263,217
| +306% | +$45.9M |
|
292
Post Holdings
POST
$3.65B
| $66.2M | 0.09% |
1,175,909
-27,073
| -2% | -$1.41M |
|
293
MSCI
MSCI
$41B
| $66.2M | 0.09% |
399,984
-7,845
| -2% | -$1.24M |
|
294
Ameriprise Financial
AMP
$49.1B
| $66.1M | 0.09% |
472,313
-22,028
| -4% | -$3.12M |
|
295
Camden Property Trust
CPT
$10.8B
| $65.7M | 0.09% |
720,966
-154,653
| -18% | -$13.5M |
|
296
PACCAR
PCAR
$69B
| $65.7M | 0.09% |
1,589,697
-1,137,912
| -42% | -$49.2M |
|
297
Phillips 66
PSX
$96.9B
| $65.6M | 0.09% |
584,131
-120,841
| -17% | -$13.6M |
|
|
RDC
298
DELISTED
Rowan Companies Plc
RDC
| $65.5M | 0.09% |
4,037,457
+97,549
| +2% | +$1.47M |
|
299
Synchrony
SYF
$25.9B
| $65.5M | 0.09% |
1,960,956
+906,308
| +86% | +$31.1M |
|
|
X
300
DELISTED
US Steel
X
| $65.4M | 0.09% |
1,882,122
-21,479
| -1% | -$768K |
|
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Israel Englander's Q2 2018 Portfolio in Review
As of Q2 2018, Israel Englander held 4,494 positions worth $76.7B, up 2.3% from $74.9B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.
Israel Englander's Q2 2018 filing shows 911 new, 1,261 increased, 1,542 reduced and 746 closed positions. Its largest new stake was Evergy: 3,989,462 shares worth $224M. The largest sale was Bank of America, an estimated $296M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
- Israel Englander's largest Q2 2018 buy was Evergy: 3,989,462 shares worth $224M.
- Israel Englander added most to Keurig Dr Pepper in Q2 2018, an estimated $870M increase.
- Israel Englander's biggest Q2 2018 reduction was Bank of America, cutting an estimated $296M.
- Israel Englander fully exited American International in Q2 2018, selling an estimated $170M.
- Israel Englander's ten largest holdings make up 7.3% of its $76.7B portfolio in Q2 2018.
- Israel Englander opened 911 new positions and closed 746 in Q2 2018.
- Israel Englander's portfolio value rose 2.3% quarter-over-quarter to $76.7B.
Based on Millennium Management's 13F filing for Q2 2018, filed 14 Aug 2018.