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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVMI
3126
Nova
NVMI
$11.5B
| $352K | ﹤0.01% |
+15,460
| New | +$366K |
|
3127
Schwab US Dividend Equity ETF
SCHD
$112B
| $351K | ﹤0.01% |
22,401
-2,295
| -9% | -$38.2K |
|
|
ANH
3128
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $351K | ﹤0.01% |
86,888
-278,891
| -76% | -$1.23M |
|
3129
Kura Oncology
KURA
$1.1B
| $349K | ﹤0.01% |
24,852
-417,095
| -94% | -$5.53M |
|
3130
Ooma
OOMA
$584M
| $349K | ﹤0.01% |
25,161
-24,852
| -50% | -$361K |
|
3131
Manitowoc
MTW
$710M
| $347K | ﹤0.01% |
23,460
-58,937
| -72% | -$1.1M |
|
3132
Gaia
GAIA
$37.4M
| $345K | ﹤0.01% |
33,315
-43,638
| -57% | -$575K |
|
|
SREV
3133
DELISTED
ServiceSource International, Inc.
SREV
| $345K | ﹤0.01% |
319,452
-208,877
| -40% | -$329K |
|
|
PCI
3134
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $344K | ﹤0.01% |
16,324
-21
| -0.1% | -$474 |
|
3135
Champion Homes
SKY
$4.97B
| $343K | ﹤0.01% |
23,332
-83,111
| -78% | -$1.84M |
|
|
BCPC
3136
Balchem Corp
BCPC
$5.66B
| $343K | ﹤0.01% |
+4,380
| New | +$395K |
|
|
SRGA
3137
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $343K | ﹤0.01% |
3,090
-3,265
| -51% | -$425K |
|
|
MTLS
3138
Materialise
MTLS
$387M
| $342K | ﹤0.01% |
17,062
-2,759
| -14% | -$40.1K |
|
3139
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$649M
| $342K | ﹤0.01% |
+27,178
| New | +$340K |
|
3140
Omega Flex
OFLX
$275M
| $341K | ﹤0.01% |
+6,300
| New | +$374K |
|
|
KTF
3141
DWS Municipal Income Trust
KTF
$344M
| $340K | ﹤0.01% |
+33,000
| New | +$339K |
|
3142
Nexstar Media Group
NXST
$5.74B
| $340K | ﹤0.01% |
4,323
-2,461
| -36% | -$195K |
|
|
EA
3143
CALL
DELISTED
Electronic Arts
EA
| $339K | ﹤0.01% |
4,300
-100,000
| -96% | -$9.17M |
|
3144
Evolution Petroleum
EPM
$125M
| $337K | ﹤0.01% |
49,358
-39,774
| -45% | -$373K |
|
3145
Sportsman's Warehouse
SPWH
$44.5M
| $337K | ﹤0.01% |
76,909
-181,688
| -70% | -$883K |
|
3146
National Vision
EYE
$1.44B
| $336K | ﹤0.01% |
+11,920
| New | +$454K |
|
|
TWNK
3147
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $335K | ﹤0.01% |
30,612
-54,268
| -64% | -$596K |
|
3148
BlackRock MuniYield New York Quality Fund
MYN
$372M
| $330K | ﹤0.01% |
+28,676
| New | +$325K |
|
3149
PUT
CVS Health
CVS
$120B
| $328K | ﹤0.01% |
5,000
-167,500
| -97% | -$12.5M |
|
|
FINV
3150
FinVolution Group
FINV
$1.02B
| $327K | ﹤0.01% |
+90,737
| New | +$485K |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.