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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3051
Northeast Bank
NBN
$1.11B
| $306K | ﹤0.01% |
11,718
-68
| -0.6% | -$1.49K |
|
|
MBTF
3052
DELISTED
MBT Financial Corporation
MBTF
| $306K | ﹤0.01% |
27,912
-20,473
| -42% | -$204K |
|
3053
Gladstone Investment Corp
GAIN
$657M
| $305K | ﹤0.01% |
+32,153
| New | +$302K |
|
|
TYME
3054
DELISTED
Tyme Technologies, Inc. Common Stock
TYME
| $304K | ﹤0.01% |
+57,505
| New | +$335K |
|
|
LDR
3055
DELISTED
Landauer Inc
LDR
| $303K | ﹤0.01% |
4,495
-11,280
| -72% | -$682K |
|
3056
Neurogene
NGNE
$793M
| $302K | ﹤0.01% |
1,065
+183
| +21% | +$52.5K |
|
|
SUNS
3057
DELISTED
SLR Senior Investment Corp. Common Stock
SUNS
| $301K | ﹤0.01% |
17,485
-7,499
| -30% | -$126K |
|
3058
NOV
NOV
$7.04B
| $300K | ﹤0.01% |
8,401
-1,646,649
| -99% | -$53.8M |
|
3059
iShares Europe ETF
IEV
$1.7B
| $297K | ﹤0.01% |
+6,329
| New | +$288K |
|
3060
RadNet
RDNT
$5.88B
| $297K | ﹤0.01% |
25,756
-894
| -3% | -$8.18K |
|
3061
UFP Technologies
UFPT
$2.37B
| $297K | ﹤0.01% |
10,565
-1,934
| -15% | -$53.5K |
|
|
BPTH
3062
DELISTED
Bio-Path Holdings Inc
BPTH
| $297K | ﹤0.01% |
206
-106
| -34% | -$145K |
|
|
FPL
3063
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
| $295K | ﹤0.01% |
+23,364
| New | +$294K |
|
|
LTS
3064
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $295K | ﹤0.01% |
102,316
+60,539
| +145% | +$151K |
|
3065
Cibus
CBUS
$132M
| $294K | ﹤0.01% |
+240
| New | +$204K |
|
3066
Gold Fields
GFI
$42.3B
| $294K | ﹤0.01% |
68,100
-413,821
| -86% | -$1.7M |
|
3067
KNOT Offshore Partners
KNOP
$369M
| $294K | ﹤0.01% |
+12,499
| New | +$289K |
|
|
MNTX
3068
DELISTED
Manitex International, Inc.
MNTX
| $294K | ﹤0.01% |
+32,696
| New | +$267K |
|
3069
Camtek
CAMT
$6.64B
| $293K | ﹤0.01% |
+57,300
| New | +$282K |
|
|
MIXT
3070
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $293K | ﹤0.01% |
29,569
+18,896
| +177% | +$168K |
|
3071
Eversource Energy
ES
$26.8B
| $292K | ﹤0.01% |
4,831
-14,169
| -75% | -$874K |
|
3072
BlackRock Resources & Commodities Strategy Trust
BCX
$1.01B
| $291K | ﹤0.01% |
32,751
-69,070
| -68% | -$590K |
|
|
OME
3073
DELISTED
Omega Protein
OME
| $291K | ﹤0.01% |
17,454
+3,128
| +22% | +$50.9K |
|
3074
Lennox International
LII
$13.8B
| $289K | ﹤0.01% |
+1,615
| New | +$278K |
|
|
CSBK
3075
DELISTED
Clifton Bancorp Inc.
CSBK
| $289K | ﹤0.01% |
+17,306
| New | +$281K |
|
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Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.