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 | |
|---|---|---|---|---|---|---|
351
BGC Group
BGC
$5.63B
| $43M | 0.08% |
5,289,961
+2,775,969
| +110% | +$20.8M |
|
352
Rexford Industrial Realty
REXR
$8.3B
| $43M | 0.08% |
1,565,270
+115,324
| +8% | +$3M |
|
353
Emcor
EME
$34.3B
| $42.9M | 0.08% |
656,679
-265,366
| -29% | -$17.1M |
|
354
Verizon
VZ
$205B
| $42.8M | 0.08% |
957,732
+890,482
| +1,324% | +$41.5M |
|
355
CALL
Devon Energy
DVN
$54B
| $42.6M | 0.08% |
1,333,900
+1,023,400
| +330% | +$37.4M |
|
356
Flotek Industries
FTK
$894M
| $42.5M | 0.08% |
792,968
+105,818
| +15% | +$6.66M |
|
357
Encompass Health
EHC
$11.9B
| $42.5M | 0.08% |
1,104,317
+824,491
| +295% | +$30.2M |
|
|
PPLI
358
People Inc
PPLI
$2.86B
| $42.5M | 0.08% |
2,302,415
-4,171,785
| -64% | -$70.8M |
|
359
Portland General Electric
POR
$5.83B
| $42.4M | 0.08% |
927,544
-310,638
| -25% | -$14.3M |
|
360
Wynn Resorts
WYNN
$10.3B
| $42.4M | 0.08% |
+315,824
| New | +$39.7M |
|
361
PUT
Alibaba
BABA
$286B
| $42.3M | 0.08% |
+300,000
| New | +$37M |
|
|
BECN
362
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $42.3M | 0.08% |
862,548
+411,156
| +91% | +$20.2M |
|
|
WBC
363
DELISTED
WABCO HOLDINGS INC.
WBC
| $42.3M | 0.08% |
331,385
+66,391
| +25% | +$7.95M |
|
364
American Water Works
AWK
$26.9B
| $42.2M | 0.08% |
541,132
+432,604
| +399% | +$34M |
|
365
Alexandria Real Estate Equities
ARE
$9.21B
| $42M | 0.08% |
348,798
-580,370
| -62% | -$67.5M |
|
|
FDC
366
DELISTED
First Data Corporation
FDC
| $42M | 0.07% |
2,307,521
-2,160,143
| -48% | -$36.1M |
|
367
Acuity Brands
AYI
$10.3B
| $41.9M | 0.07% |
+206,304
| New | +$36.4M |
|
368
Smith & Nephew
SNN
$12.2B
| $41.9M | 0.07% |
1,202,761
-1,042,942
| -46% | -$35.3M |
|
369
Synopsys
SNPS
$76.2B
| $41.9M | 0.07% |
573,836
-164,551
| -22% | -$12.1M |
|
370
General Dynamics
GD
$104B
| $41.8M | 0.07% |
210,988
-148,507
| -41% | -$29.1M |
|
|
UMPQ
371
DELISTED
Umpqua Holdings Corp
UMPQ
| $41.5M | 0.07% |
2,257,842
-477,972
| -17% | -$8.48M |
|
372
Evolent Health
EVH
$536M
| $41.4M | 0.07% |
1,634,778
+234,841
| +17% | +$5.65M |
|
|
TSE
373
DELISTED
Trinseo
TSE
| $41.4M | 0.07% |
602,674
+519,057
| +621% | +$34M |
|
374
Texas Instruments
TXN
$241B
| $41.4M | 0.07% |
537,558
-134,028
| -20% | -$10.7M |
|
375
Prosperity Bancshares
PB
$8.75B
| $41.2M | 0.07% |
+641,062
| New | +$42.2M |
|
Similar funds
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.