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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Carnival Corporation Ltd
CCL
$35.2B
| $49.2M | 0.08% |
762,537
+716,814
| +1,568% | +$47.9M |
|
352
D.R. Horton
DHI
$41.5B
| $49.2M | 0.08% |
1,232,791
-3,464,534
| -74% | -$126M |
|
353
CALL
Devon Energy
DVN
$54B
| $49M | 0.07% |
1,333,900
| – | – |
|
|
HOUS
354
DELISTED
Anywhere Real Estate
HOUS
| $48.8M | 0.07% |
1,479,713
+919,905
| +164% | +$31.1M |
|
355
Synaptics
SYNA
$3.82B
| $47.8M | 0.07% |
1,218,842
+1,176,375
| +2,770% | +$53.1M |
|
356
Global Payments
GPN
$24.7B
| $47.7M | 0.07% |
502,181
+177,744
| +55% | +$16.7M |
|
|
ESV
357
DELISTED
Ensco Rowan plc
ESV
| $47.4M | 0.07% |
+1,984,421
| New | +$39.6M |
|
|
CALY
358
Callaway Golf Company
CALY
$2.84B
| $47.3M | 0.07% |
3,277,998
+1,653,153
| +102% | +$21.9M |
|
359
Bank of N.T. Butterfield & Son
NTB
$2.3B
| $47.2M | 0.07% |
1,288,786
-176,725
| -12% | -$6.03M |
|
|
WCG
360
DELISTED
Wellcare Health Plans, Inc.
WCG
| $47.2M | 0.07% |
274,913
+259,576
| +1,692% | +$45.5M |
|
|
MGLN
361
DELISTED
Magellan Health Services, Inc.
MGLN
| $47.2M | 0.07% |
547,001
+336,758
| +160% | +$26.5M |
|
362
Oshkosh
OSK
$9.7B
| $47.2M | 0.07% |
571,580
+535,844
| +1,499% | +$39.4M |
|
363
MGIC Investment
MTG
$6.34B
| $47.1M | 0.07% |
3,757,864
+870,425
| +30% | +$10.1M |
|
364
First Industrial Realty Trust
FR
$8.34B
| $46.9M | 0.07% |
1,560,206
-1,337,610
| -46% | -$40.4M |
|
365
CoreCivic
CXW
$3.36B
| $46.8M | 0.07% |
1,749,079
-1,699,861
| -49% | -$45.2M |
|
366
Huntington Bancshares
HBAN
$34.4B
| $46.5M | 0.07% |
3,333,714
+2,431,910
| +270% | +$32M |
|
367
Jacobs Solutions
J
$17.6B
| $46.5M | 0.07% |
965,498
+553,003
| +134% | +$24.7M |
|
|
IPHI
368
DELISTED
INPHI CORPORATION
IPHI
| $46.4M | 0.07% |
1,168,426
+800,349
| +217% | +$30M |
|
|
CTRA
369
DELISTED
Coterra Energy
CTRA
| $46.3M | 0.07% |
1,732,535
-1,497,314
| -46% | -$38M |
|
|
TSE
370
DELISTED
Trinseo
TSE
| $46.3M | 0.07% |
690,456
+87,782
| +15% | +$5.84M |
|
371
Veeva Systems
VEEV
$40.3B
| $46M | 0.07% |
816,257
+381,930
| +88% | +$23.2M |
|
372
Sony
SONY
$140B
| $46M | 0.07% |
6,162,355
+5,546,200
| +900% | +$43.4M |
|
373
UnitedHealth
UNH
$350B
| $46M | 0.07% |
234,965
+134,932
| +135% | +$26.1M |
|
374
Portland General Electric
POR
$5.83B
| $45.9M | 0.07% |
1,006,148
+78,604
| +8% | +$3.62M |
|
375
Freeport-McMoran
FCX
$110B
| $45.7M | 0.07% |
3,257,404
+3,219,411
| +8,474% | +$45.2M |
|
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Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.