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 | |
|---|---|---|---|---|---|---|
3001
ScottsMiracle-Gro
SMG
$3.65B
| $595K | ﹤0.01% |
5,557
-64,856
| -92% | -$6.48M |
|
|
FFKT
3002
DELISTED
Farmers Capital Bank Corp
FFKT
| $593K | ﹤0.01% |
+15,408
| New | +$637K |
|
3003
Marriott Vacations Worldwide
VAC
$4.02B
| $592K | ﹤0.01% |
4,379
-12,030
| -73% | -$1.59M |
|
3004
Cracker Barrel
CBRL
$1.3B
| $591K | ﹤0.01% |
3,721
-151,410
| -98% | -$23.8M |
|
3005
NCR Voyix
VYX
$1.12B
| $591K | ﹤0.01% |
28,333
-390,130
| -93% | -$7.92M |
|
3006
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $589K | ﹤0.01% |
12,452
-110,290
| -90% | -$5.07M |
|
3007
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.49B
| $587K | ﹤0.01% |
24,241
+3,525
| +17% | +$83.5K |
|
|
ECOL
3008
DELISTED
US Ecology, Inc.
ECOL
| $586K | ﹤0.01% |
11,495
+7,460
| +185% | +$376K |
|
3009
iShares MSCI India ETF
INDA
$6.7B
| $585K | ﹤0.01% |
16,214
+8,743
| +117% | +$304K |
|
3010
Trustmark
TRMK
$2.68B
| $585K | ﹤0.01% |
18,376
-39,253
| -68% | -$1.3M |
|
3011
State Street SPDR S&P Insurance ETF
KIE
$709M
| $584K | ﹤0.01% |
19,019
-484
| -2% | -$14.8K |
|
|
MGF
3012
Aberdeen Government Markets Income Fund
MGF
$92.2M
| $583K | ﹤0.01% |
+121,752
| New | +$592K |
|
3013
Vanguard Morningstar Small-Cap ETF
VB
$81.9B
| $581K | ﹤0.01% |
3,933
-15,874
| -80% | -$2.3M |
|
|
WLB
3014
DELISTED
Westmoreland Coal Company
WLB
| $579K | ﹤0.01% |
478,863
+300,300
| +168% | +$516K |
|
3015
Twin Disc
TWIN
$339M
| $575K | ﹤0.01% |
21,625
-41,235
| -66% | -$1.01M |
|
3016
Universal Corp
UVV
$1.14B
| $575K | ﹤0.01% |
+10,952
| New | +$608K |
|
|
JNPR
3017
CALL
DELISTED
Juniper Networks
JNPR
| $570K | ﹤0.01% |
+20,000
| New | +$540K |
|
3018
OneSpan
OSPN
$567M
| $569K | ﹤0.01% |
40,930
-117,324
| -74% | -$1.55M |
|
3019
Gildan
GIL
$10.1B
| $566K | ﹤0.01% |
17,530
-278,044
| -94% | -$8.67M |
|
|
ACH
3020
CALL
Accendra Health
ACH
$89.2M
| $566K | ﹤0.01% |
+30,000
| New | +$665K |
|
3021
PennyMac Financial
PFSI
$3.85B
| $566K | ﹤0.01% |
+25,336
| New | +$499K |
|
|
KYE
3022
DELISTED
Kayne Anderson Energy
KYE
| $565K | ﹤0.01% |
56,150
+31,965
| +132% | +$324K |
|
|
TTOO
3023
DELISTED
T2 Biosystems, Inc
TTOO
| $564K | ﹤0.01% |
27
-18
| -40% | -$372K |
|
|
CAFD
3024
DELISTED
8point3 Energy Partners LP
CAFD
| $564K | ﹤0.01% |
37,105
-23,248
| -39% | -$350K |
|
|
IPXL
3025
DELISTED
Impax Laboratories, Inc.
IPXL
| $563K | ﹤0.01% |
33,842
-245,273
| -88% | -$4.5M |
|
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.