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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3026
BlackRock Resources & Commodities Strategy Trust
BCX
$1.01B
| $466K | ﹤0.01% |
+52,462
| New | +$500K |
|
3027
iShares MSCI Philippines ETF
EPHE
$158M
| $466K | ﹤0.01% |
+13,330
| New | +$496K |
|
|
MCBC
3028
DELISTED
Macatawa Bank Corp
MCBC
| $466K | ﹤0.01% |
45,386
-42,867
| -49% | -$437K |
|
|
GTYH
3029
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
| $465K | ﹤0.01% |
46,699
+18,825
| +68% | +$187K |
|
3030
OneSpan
OSPN
$572M
| $462K | ﹤0.01% |
35,710
-5,220
| -13% | -$71.2K |
|
3031
Resources Connection
RGP
$148M
| $462K | ﹤0.01% |
28,536
+8,072
| +39% | +$129K |
|
3032
E.W. Scripps
SSP
$303M
| $462K | ﹤0.01% |
38,572
+21,409
| +125% | +$312K |
|
3033
Malibu Boats
MBUU
$569M
| $459K | ﹤0.01% |
13,830
-6,913
| -33% | -$225K |
|
3034
iShares MSCI Brazil ETF
EWZ
$8.09B
| $456K | ﹤0.01% |
10,153
-248,275
| -96% | -$11.1M |
|
3035
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$54B
| $456K | ﹤0.01% |
+13,612
| New | +$469K |
|
|
HUD
3036
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $456K | ﹤0.01% |
+28,657
| New | +$458K |
|
3037
Ameresco
AMRC
$1.13B
| $455K | ﹤0.01% |
35,010
-29,561
| -46% | -$279K |
|
3038
NewMarket
NEU
$8.52B
| $455K | ﹤0.01% |
1,133
+39
| +4% | +$15.9K |
|
3039
Galectin Therapeutics
GALT
$395M
| $454K | ﹤0.01% |
+95,780
| New | +$446K |
|
3040
Wheaton Precious Metals
WPM
$73.5B
| $453K | ﹤0.01% |
22,222
-1,378,020
| -98% | -$28.3M |
|
3041
AudioCodes
AUDC
$237M
| $452K | ﹤0.01% |
63,165
-76,649
| -55% | -$573K |
|
3042
Capital City Bank Group
CCBG
$878M
| $442K | ﹤0.01% |
17,850
-11,170
| -38% | -$273K |
|
3043
Hamilton Beach Brands
HBB
$437M
| $442K | ﹤0.01% |
20,838
-20,938
| -50% | -$520K |
|
3044
Factset
FDS
$10.7B
| $440K | ﹤0.01% |
2,208
-3,130
| -59% | -$632K |
|
3045
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.7B
| $439K | ﹤0.01% |
8,192
-57,624
| -88% | -$3.1M |
|
|
LN
3046
DELISTED
LINE Corporation
LN
| $438K | ﹤0.01% |
+11,218
| New | +$468K |
|
|
WOW
3047
DELISTED
WideOpenWest
WOW
| $436K | ﹤0.01% |
60,929
-241,263
| -80% | -$2.32M |
|
3048
HNI Corp
HNI
$3.55B
| $434K | ﹤0.01% |
+12,030
| New | +$460K |
|
3049
Howmet Aerospace
HWM
$105B
| $434K | ﹤0.01% |
24,540
-221,625
| -90% | -$4.51M |
|
3050
CALL
Omnicell
OMCL
$1.56B
| $434K | ﹤0.01% |
10,000
| – | – |
|
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Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.