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 |
Keurig Dr Pepper
KDP
|
+$870M |
| 2 |
Amazon
AMZN
|
+$319M |
| 3 |
Automatic Data Processing
ADP
|
+$216M |
| 4 |
Evergy
EVRG
|
+$214M |
| 5 |
Chevron
CVX
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$296M |
| 2 |
Mondelez International
MDLZ
|
+$235M |
| 3 |
Abbott
ABT
|
+$229M |
| 4 |
Lam Research
LRCX
|
+$189M |
| 5 |
American International
AIG
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.97% |
| 2 | Technology | 12.66% |
| 3 | Healthcare | 12.25% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Industrials | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Alliant Energy
LNT
$17.6B
| $56.7M | 0.07% |
1,339,089
-282,742
| -17% | -$11.6M |
|
|
GRA
352
DELISTED
W.R. Grace & Co.
GRA
| $56.5M | 0.07% |
770,304
+155,730
| +25% | +$10.9M |
|
353
Antero Resources
AR
$11.7B
| $56.4M | 0.07% |
2,640,893
-1,189,156
| -31% | -$23.3M |
|
354
FMC
FMC
$1.38B
| $56.3M | 0.07% |
727,201
+402,968
| +124% | +$29.9M |
|
355
Gentex
GNTX
$4.98B
| $56.2M | 0.07% |
2,439,505
-954,721
| -28% | -$22.7M |
|
|
EXAS
356
DELISTED
Exact Sciences
EXAS
| $56.1M | 0.07% |
+939,096
| New | +$50.5M |
|
357
Ares Capital
ARCC
$14.3B
| $56.1M | 0.07% |
3,408,182
+1,346,837
| +65% | +$22.1M |
|
358
Vishay Intertechnology
VSH
$4.85B
| $56M | 0.07% |
2,415,665
+525,023
| +28% | +$10.9M |
|
|
OPTU
359
Optimum Communications Inc
OPTU
$323M
| $55.8M | 0.07% |
3,273,214
+3,137,416
| +2,310% | +$57.9M |
|
360
BioMarin Pharmaceuticals
BMRN
$12.9B
| $55.5M | 0.07% |
589,650
-55,750
| -9% | -$4.88M |
|
361
Unum
UNM
$13.9B
| $55.2M | 0.07% |
1,492,588
-57,766
| -4% | -$2.41M |
|
|
CDK
362
DELISTED
CDK Global, Inc.
CDK
| $55.2M | 0.07% |
848,105
+87,749
| +12% | +$5.67M |
|
363
CubeSmart
CUBE
$9.21B
| $55.2M | 0.07% |
1,712,087
-1,477,991
| -46% | -$44.3M |
|
364
Evercore
EVR
$11.2B
| $55M | 0.07% |
521,977
+189,611
| +57% | +$19.6M |
|
|
ANDV
365
DELISTED
Andeavor
ANDV
| $54.8M | 0.07% |
418,033
-114,556
| -22% | -$15.1M |
|
366
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $54.8M | 0.07% |
334,400
+184,400
| +123% | +$29.5M |
|
|
ORBK
367
DELISTED
Orbotech Ltd
ORBK
| $54.5M | 0.07% |
882,010
+569,263
| +182% | +$35.2M |
|
|
HPP
368
Hudson Pacific Properties
HPP
$787M
| $54.2M | 0.07% |
218,713
-9,716
| -4% | -$2.29M |
|
369
Marriott Vacations Worldwide
VAC
$3.87B
| $54.2M | 0.07% |
479,464
+463,944
| +2,989% | +$57.3M |
|
|
CZR
370
DELISTED
Caesars Entertainment Corporation
CZR
| $54.1M | 0.07% |
5,056,122
+4,644,044
| +1,127% | +$54.3M |
|
371
A.O. Smith
AOS
$8.57B
| $54M | 0.07% |
+913,024
| New | +$57.5M |
|
|
AZPN
372
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $54M | 0.07% |
+581,889
| New | +$54M |
|
373
Lennox International
LII
$13.9B
| $53.9M | 0.07% |
269,064
+243,900
| +969% | +$49.4M |
|
|
NEWR
374
DELISTED
New Relic, Inc.
NEWR
| $53.8M | 0.07% |
535,300
+138,061
| +35% | +$12.3M |
|
375
Textron
TXT
$14.3B
| $53.7M | 0.07% |
815,443
-253,349
| -24% | -$16.3M |
|
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Israel Englander's Q2 2018 Portfolio in Review
As of Q2 2018, Israel Englander held 4,494 positions worth $76.7B, up 2.3% from $74.9B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.
Israel Englander's Q2 2018 filing shows 911 new, 1,261 increased, 1,542 reduced and 746 closed positions. Its largest new stake was Evergy: 3,989,462 shares worth $224M. The largest sale was Bank of America, an estimated $296M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
- Israel Englander's largest Q2 2018 buy was Evergy: 3,989,462 shares worth $224M.
- Israel Englander added most to Keurig Dr Pepper in Q2 2018, an estimated $870M increase.
- Israel Englander's biggest Q2 2018 reduction was Bank of America, cutting an estimated $296M.
- Israel Englander fully exited American International in Q2 2018, selling an estimated $170M.
- Israel Englander's ten largest holdings make up 7.3% of its $76.7B portfolio in Q2 2018.
- Israel Englander opened 911 new positions and closed 746 in Q2 2018.
- Israel Englander's portfolio value rose 2.3% quarter-over-quarter to $76.7B.
Based on Millennium Management's 13F filing for Q2 2018, filed 14 Aug 2018.