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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Hasbro
HAS
$13.2B
| $57.3M | 0.08% |
679,364
+459,859
| +209% | +$42.7M |
|
377
Spectrum Brands
SPB
$2B
| $56.6M | 0.08% |
546,273
-171,426
| -24% | -$18.4M |
|
|
SEMG
378
DELISTED
SEMGROUP CORPORATION
SEMG
| $56.4M | 0.08% |
2,635,903
-170,873
| -6% | -$4.4M |
|
|
CY
379
DELISTED
Cypress Semiconductor
CY
| $56.2M | 0.08% |
3,313,494
+1,382,277
| +72% | +$23.7M |
|
380
Progressive
PGR
$127B
| $56M | 0.07% |
918,710
-355,514
| -28% | -$20.3M |
|
381
Constellation Brands
STZ
$23.2B
| $55.7M | 0.07% |
244,453
+35,773
| +17% | +$7.88M |
|
382
Dentsply Sirona
XRAY
$2.18B
| $55.1M | 0.07% |
1,095,481
+1,075,311
| +5,331% | +$63.3M |
|
|
WBA
383
DELISTED
Walgreens Boots Alliance
WBA
| $54.9M | 0.07% |
839,041
-1,163,920
| -58% | -$83.2M |
|
384
CALL
GE Aerospace
GE
$361B
| $54.9M | 0.07% |
850,110
+829,244
| +3,974% | +$61.4M |
|
385
Portland General Electric
POR
$5.83B
| $54.8M | 0.07% |
1,352,725
-42,977
| -3% | -$1.76M |
|
386
NextEra Energy
NEE
$174B
| $54.5M | 0.07% |
1,335,916
-4,528,036
| -77% | -$175M |
|
387
ON Semiconductor
ON
$28.9B
| $54.5M | 0.07% |
2,228,920
-1,219,172
| -35% | -$29.4M |
|
388
Invitation Homes
INVH
$17.9B
| $54.1M | 0.07% |
2,369,669
-1,605,552
| -40% | -$35.6M |
|
|
WRK
389
DELISTED
WestRock Company
WRK
| $54.1M | 0.07% |
842,946
+834,834
| +10,291% | +$55.1M |
|
|
NEX
390
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $53.8M | 0.07% |
3,634,818
+1,633,853
| +82% | +$26.7M |
|
391
Madison Square Garden
MSGS
$9.78B
| $53.7M | 0.07% |
306,153
+134,644
| +79% | +$21.8M |
|
392
Estee Lauder
EL
$36.9B
| $53.7M | 0.07% |
358,430
-414,992
| -54% | -$57.5M |
|
393
PayPal
PYPL
$52.7B
| $53.6M | 0.07% |
706,953
-396,074
| -36% | -$31.4M |
|
|
FL
394
DELISTED
Foot Locker
FL
| $53.6M | 0.07% |
1,177,450
-551,687
| -32% | -$25.7M |
|
395
NetApp
NTAP
$37.7B
| $53.6M | 0.07% |
868,751
-365,137
| -30% | -$22.3M |
|
|
ANDV
396
DELISTED
Andeavor
ANDV
| $53.6M | 0.07% |
532,589
+12,104
| +2% | +$1.26M |
|
397
lululemon athletica
LULU
$13.7B
| $53M | 0.07% |
595,139
-260,657
| -30% | -$20.9M |
|
398
Tronox
TROX
$888M
| $53M | 0.07% |
2,873,760
+840,664
| +41% | +$16.7M |
|
|
HDS
399
DELISTED
HD Supply Holdings, Inc.
HDS
| $53M | 0.07% |
1,396,247
-2,943,412
| -68% | -$111M |
|
400
Norwegian Cruise Line
NCLH
$7.92B
| $52.8M | 0.07% |
996,408
+589,761
| +145% | +$33.5M |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.