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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Financials | 12.22% |
| 3 | Technology | 12.2% |
| 4 | Industrials | 9.84% |
| 5 | Consumer Discretionary | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
Alphabet (Google) Class C
GOOG
$4.18T
| $49.9M | 0.09% |
1,099,280
+1,012,200
| +1,162% | +$46.3M |
|
|
NEX
302
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $49.8M | 0.09% |
3,112,702
+1,734,045
| +126% | +$25.5M |
|
|
ACC
303
DELISTED
American Campus Communities, Inc.
ACC
| $49.3M | 0.09% |
1,041,540
+828,212
| +388% | +$39.4M |
|
304
FerroAtlántica
GSM
$762M
| $49.1M | 0.09% |
4,112,383
+560,983
| +16% | +$5.68M |
|
305
iShares Core S&P 500 ETF
IVV
$893B
| $49M | 0.09% |
201,182
+178,627
| +792% | +$43.1M |
|
306
American Homes 4 Rent
AMH
$12.4B
| $48.6M | 0.09% |
2,153,387
+1,034,067
| +92% | +$23.5M |
|
307
Best Buy
BBY
$18.1B
| $48.3M | 0.09% |
842,807
+438,686
| +109% | +$23.4M |
|
|
OPLN
308
Openlane
OPLN
$4.08B
| $48M | 0.09% |
3,023,093
+2,255,840
| +294% | +$36.7M |
|
309
Hanover Insurance
THG
$7.77B
| $48M | 0.09% |
541,494
+287,438
| +113% | +$24.7M |
|
310
Celanese
CE
$5.14B
| $47.8M | 0.09% |
503,761
+664
| +0.1% | +$59.2K |
|
311
Mercado Libre
MELI
$97.5B
| $47.8M | 0.09% |
190,415
+119,690
| +169% | +$30.8M |
|
312
Louisiana-Pacific
LPX
$5.12B
| $47.7M | 0.09% |
1,979,744
+978,574
| +98% | +$23.8M |
|
|
KSU
313
DELISTED
Kansas City Southern
KSU
| $47.4M | 0.08% |
453,229
-118,445
| -21% | -$11.1M |
|
|
CVSA
314
Covista Inc
CVSA
$4.51B
| $47.2M | 0.08% |
1,244,696
+539,127
| +76% | +$20.1M |
|
315
Newmont
NEM
$139B
| $47.1M | 0.08% |
1,454,408
+668,452
| +85% | +$22.5M |
|
316
Bunge Global
BG
$21.7B
| $47.1M | 0.08% |
631,052
+557,574
| +759% | +$42.4M |
|
|
X
317
CALL
DELISTED
US Steel
X
| $46.5M | 0.08% |
+2,100,000
| New | +$49.8M |
|
|
AMTD
318
DELISTED
TD Ameritrade Holding Corp
AMTD
| $46.5M | 0.08% |
1,081,216
+1,060,316
| +5,073% | +$41.2M |
|
319
Murphy USA
MUSA
$10.5B
| $46.4M | 0.08% |
625,943
+612,607
| +4,594% | +$42.9M |
|
320
CALL
Nucor
NUE
$55.3B
| $46.3M | 0.08% |
+800,000
| New | +$46.9M |
|
321
Texas Roadhouse
TXRH
$13.4B
| $46.3M | 0.08% |
908,076
-1,011,465
| -53% | -$48.8M |
|
|
PNRA
322
DELISTED
Panera Bread Co
PNRA
| $46.2M | 0.08% |
146,718
+144,951
| +8,203% | +$45.3M |
|
|
PRMW
323
DELISTED
Primo Water Corporation
PRMW
| $46.1M | 0.08% |
3,190,428
+1,255,677
| +65% | +$16.7M |
|
|
HPP
324
Hudson Pacific Properties
HPP
$787M
| $46M | 0.08% |
192,405
+166,319
| +638% | +$39.9M |
|
325
Black Hills Corp
BKH
$5.47B
| $46M | 0.08% |
681,961
+670,987
| +6,114% | +$46.2M |
|
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Israel Englander's Q2 2017 Portfolio in Review
As of Q2 2017, Israel Englander held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Israel Englander's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Israel Englander added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Israel Englander's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Israel Englander fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Israel Englander's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Israel Englander opened 803 new positions and closed 840 in Q2 2017.
- Israel Englander's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.