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 | |
|---|---|---|---|---|---|---|
3201
Summit Therapeutics
SMMT
$10.2B
| $299K | ﹤0.01% |
23,178
-76,695
| -77% | -$958K |
|
|
TDF
3202
Templeton Dragon Fund
TDF
$272M
| $299K | ﹤0.01% |
13,450
-8,930
| -40% | -$203K |
|
3203
First Community Corp
FCCO
$316M
| $298K | ﹤0.01% |
12,997
+2,174
| +20% | +$47.7K |
|
3204
BlackRock Limited Duration Income Trust
BLW
$497M
| $297K | ﹤0.01% |
+19,698
| New | +$305K |
|
3205
GATX Corp
GATX
$6.3B
| $297K | ﹤0.01% |
4,339
-14,770
| -77% | -$1.01M |
|
|
MGF
3206
Aberdeen Government Markets Income Fund
MGF
$92.2M
| $297K | ﹤0.01% |
64,093
-57,659
| -47% | -$269K |
|
|
SFIX
3207
Stitch Fix
SFIX
$439M
| $296K | ﹤0.01% |
+14,580
| New | +$316K |
|
|
HTT
3208
High Templar Tech Ltd
HTT
$393M
| $295K | ﹤0.01% |
25,182
-56,523
| -69% | -$768K |
|
|
ELLI
3209
DELISTED
Ellie Mae Inc
ELLI
| $295K | ﹤0.01% |
3,211
-2,727
| -46% | -$253K |
|
3210
Fabrinet
FN
$15.1B
| $293K | ﹤0.01% |
9,353
+1,565
| +20% | +$46.2K |
|
3211
Tetra Tech
TTEK
$9.44B
| $293K | ﹤0.01% |
29,930
-1,152,860
| -97% | -$11.4M |
|
3212
Park Aerospace
PKE
$718M
| $292K | ﹤0.01% |
+17,342
| New | +$318K |
|
|
PCOM
3213
DELISTED
Points.com Inc. Common Shares
PCOM
| $291K | ﹤0.01% |
29,800
+898
| +3% | +$9.74K |
|
|
FFG
3214
DELISTED
FBL Financial Group
FFG
| $291K | ﹤0.01% |
4,189
-8,717
| -68% | -$613K |
|
|
PIR
3215
DELISTED
Pier 1 Imports, Inc.
PIR
| $291K | ﹤0.01% |
4,525
+3,844
| +564% | +$261K |
|
|
VIRX
3216
DELISTED
Viracta Therapeutics, Inc. Common Stock
VIRX
| $290K | ﹤0.01% |
3,046
+2,607
| +594% | +$447K |
|
|
TST
3217
DELISTED
TheStreet, Inc.
TST
| $290K | ﹤0.01% |
+16,195
| New | +$235K |
|
|
MR
3218
DELISTED
Montage Resources Corporation Common Stock
MR
| $289K | ﹤0.01% |
13,381
+11,329
| +552% | +$326K |
|
3219
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.57B
| $286K | ﹤0.01% |
2,745
-4,653
| -63% | -$486K |
|
3220
Element Solutions
ESI
$8.52B
| $286K | ﹤0.01% |
29,715
-975,466
| -97% | -$10.4M |
|
3221
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $286K | ﹤0.01% |
+7,136
| New | +$288K |
|
|
PBT
3222
Permian Basin Royalty Trust
PBT
$1.62B
| $285K | ﹤0.01% |
29,487
-13,466
| -31% | -$125K |
|
3223
CPI Card Group
PMTS
$329M
| $285K | ﹤0.01% |
94,687
-25,729
| -21% | -$78.2K |
|
|
SELF
3224
Global Self Storage
SELF
$64.8M
| $282K | ﹤0.01% |
63,895
-4,221
| -6% | -$18.8K |
|
3225
Wipro
WIT
$18.6B
| $280K | ﹤0.01% |
144,501
-995,214
| -87% | -$2.05M |
|
Similar funds
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.