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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 2 |
Abbott
ABT
|
+$259M |
| 3 |
AutoZone
AZO
|
+$204M |
| 4 |
AABA
Altaba Inc
AABA
|
+$186M |
| 5 |
D.R. Horton
DHI
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$215M |
| 2 |
Public Service Enterprise Group
PEG
|
+$211M |
| 3 |
Applied Materials
AMAT
|
+$203M |
| 4 |
Intuitive Surgical
ISRG
|
+$194M |
| 5 |
ConocoPhillips
COP
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.49% |
| 2 | Technology | 12.13% |
| 3 | Healthcare | 11.89% |
| 4 | Consumer Discretionary | 11.58% |
| 5 | Industrials | 10.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SCG
326
DELISTED
Scana
SCG
| $60.9M | 0.08% |
1,530,576
+506,517
| +49% | +$22.6M |
|
327
Lockheed Martin
LMT
$130B
| $60.7M | 0.08% |
189,035
+169,249
| +855% | +$53.4M |
|
|
JWN
328
DELISTED
Nordstrom
JWN
| $60.3M | 0.08% |
1,272,685
+1,235,994
| +3,369% | +$53.2M |
|
329
Capital One
COF
$133B
| $60.2M | 0.08% |
604,327
+69,642
| +13% | +$6.36M |
|
330
Kimco Realty
KIM
$16.2B
| $59.6M | 0.08% |
3,283,225
+2,927,280
| +822% | +$54.8M |
|
|
ANDV
331
DELISTED
Andeavor
ANDV
| $59.5M | 0.08% |
520,485
-905,479
| -63% | -$97.3M |
|
|
HBI
332
DELISTED
Hanesbrands
HBI
| $59.5M | 0.08% |
2,845,250
+2,835,495
| +29,067% | +$60.5M |
|
|
ULTI
333
DELISTED
Ultimate Software Group Inc
ULTI
| $59.4M | 0.08% |
272,126
+200,469
| +280% | +$40.7M |
|
334
United Parcel Service
UPS
$86.9B
| $59.4M | 0.08% |
+498,360
| New | +$58.6M |
|
335
American Homes 4 Rent
AMH
$12.4B
| $59.3M | 0.08% |
2,717,243
-871,149
| -24% | -$18.9M |
|
336
Becton Dickinson
BDX
$52.1B
| $59.1M | 0.08% |
282,803
-49,395
| -15% | -$10.3M |
|
337
CME Group
CME
$99.8B
| $58.8M | 0.08% |
402,435
-457,329
| -53% | -$65.1M |
|
|
RDUS
338
DELISTED
Radius Health, Inc.
RDUS
| $58.8M | 0.08% |
1,849,803
+1,352,383
| +272% | +$42.4M |
|
339
AES
AES
$10.5B
| $58.7M | 0.08% |
5,415,733
+1,567,893
| +41% | +$17M |
|
340
EOG Resources
EOG
$78.4B
| $58.3M | 0.08% |
+540,546
| New | +$54.5M |
|
|
SRCI
341
DELISTED
SRC Energy Inc
SRCI
| $58.3M | 0.08% |
6,831,404
+2,791,202
| +69% | +$24.6M |
|
|
DCT
342
DELISTED
DCT Industrial Trust Inc.
DCT
| $58.2M | 0.08% |
990,032
-266,469
| -21% | -$15.8M |
|
343
Raymond James Financial
RJF
$33.8B
| $58.1M | 0.08% |
976,752
+673,660
| +222% | +$38.8M |
|
344
EPR Properties
EPR
$4.65B
| $58.1M | 0.08% |
887,369
+766,302
| +633% | +$52.4M |
|
345
Franklin Templeton
BEN
$17.5B
| $58M | 0.08% |
1,337,419
-340,301
| -20% | -$14.7M |
|
346
Trinity Industries
TRN
$2.36B
| $57.7M | 0.08% |
2,141,000
+181,853
| +9% | +$4.54M |
|
347
Idexx Laboratories
IDXX
$43.8B
| $57.7M | 0.08% |
368,997
+16,112
| +5% | +$2.54M |
|
348
Crown Holdings
CCK
$13.1B
| $57.1M | 0.08% |
1,014,450
+999,662
| +6,760% | +$59.1M |
|
349
PPG Industries
PPG
$25.2B
| $57M | 0.08% |
+488,144
| New | +$56.3M |
|
|
SAVE
350
DELISTED
Spirit Airlines, Inc.
SAVE
| $56.9M | 0.08% |
1,268,934
+754,259
| +147% | +$29M |
|
Similar funds
Israel Englander's Q4 2017 Portfolio in Review
As of Q4 2017, Israel Englander held 4,357 positions worth $72.5B, up 10% from $65.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander deployed $3.05B of net new capital in Q4 2017, opening 897 new positions and adding to 1,473 existing holdings. Its largest new stake was Viatris: 2,905,317 shares worth $123M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Honeywell, an estimated $215M trimmed.
- Israel Englander's largest Q4 2017 buy was Viatris: 2,905,317 shares worth $123M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $593M increase.
- Israel Englander's biggest Q4 2017 reduction was Honeywell, cutting an estimated $215M.
- Israel Englander fully exited Paychex in Q4 2017, selling an estimated $66.4M.
- Israel Englander's ten largest holdings make up 6.7% of its $72.5B portfolio in Q4 2017.
- Israel Englander opened 897 new positions and closed 601 in Q4 2017.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $72.5B.
Based on Millennium Management's 13F filing for Q4 2017, filed 14 Feb 2018.