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 | |
|---|---|---|---|---|---|---|
451
Kinder Morgan
KMI
$69B
| $34.6M | 0.06% |
1,806,679
-3,419,472
| -65% | -$68M |
|
452
CALL
Merck
MRK
$376B
| $34.6M | 0.06% |
565,920
+534,480
| +1,700% | +$32.5M |
|
453
Federal Realty Investment Trust
FRT
$10.1B
| $34.6M | 0.06% |
273,632
+248,841
| +1,004% | +$32.1M |
|
|
VXX
454
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $34.6M | 0.06% |
677,500
+277,500
| +69% | +$16M |
|
455
Performance Food Group
PFGC
$16.5B
| $34.5M | 0.06% |
1,257,579
+1,241,666
| +7,803% | +$32.8M |
|
|
MPT
456
Medical Properties Trust
MPT
$2.46B
| $34.4M | 0.06% |
2,670,801
+2,573,046
| +2,632% | +$34.3M |
|
457
Tyson Foods
TSN
$20.6B
| $34.2M | 0.06% |
545,936
-674,794
| -55% | -$41.4M |
|
458
Kinross Gold
KGC
$38.9B
| $34.1M | 0.06% |
8,372,457
-638,559
| -7% | -$2.54M |
|
459
CALL
EQT Corp
EQT
$33.6B
| $34M | 0.06% |
1,067,297
+91,850
| +9% | +$2.91M |
|
460
JetBlue
JBLU
$1.85B
| $34M | 0.06% |
1,488,960
-265,047
| -15% | -$5.83M |
|
461
Nasdaq
NDAQ
$54.9B
| $33.8M | 0.06% |
1,416,648
+350,562
| +33% | +$8.06M |
|
462
CALL
Intel
INTC
$476B
| $33.7M | 0.06% |
1,000,000
| – | – |
|
|
BNY
463
Bank of New York Mellon
BNY
$108B
| $33.7M | 0.06% |
660,617
-420,611
| -39% | -$20.1M |
|
464
RPM International
RPM
$13.9B
| $33.6M | 0.06% |
616,866
+227,325
| +58% | +$12.2M |
|
|
MTGE
465
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $33.6M | 0.06% |
1,789,506
+1,130,381
| +171% | +$20.4M |
|
466
Quest Diagnostics
DGX
$27B
| $33.6M | 0.06% |
302,222
+266,122
| +737% | +$28.1M |
|
467
First Hawaiian
FHB
$3.2B
| $33.5M | 0.06% |
1,095,335
-669,831
| -38% | -$19.6M |
|
468
PUT
Brink's
BCO
$4.59B
| $33.5M | 0.06% |
+500,000
| New | +$30.8M |
|
469
BJ's Restaurants
BJRI
$1.42B
| $33.3M | 0.06% |
895,114
+134,058
| +18% | +$5.69M |
|
470
Silicon Motion
SIMO
$8.76B
| $33.3M | 0.06% |
690,813
+274,129
| +66% | +$13.6M |
|
|
MGP
471
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $33M | 0.06% |
1,130,451
+865,069
| +326% | +$24.5M |
|
|
CDK
472
DELISTED
CDK Global, Inc.
CDK
| $32.9M | 0.06% |
529,908
-146,882
| -22% | -$9.21M |
|
|
WCN
473
Waste Connections
WCN
$42.6B
| $32.7M | 0.06% |
507,994
-120,548
| -19% | -$7.49M |
|
474
Fortinet
FTNT
$113B
| $32.7M | 0.06% |
4,368,255
-140,975
| -3% | -$1.09M |
|
475
M/I Homes
MHO
$3.85B
| $32.7M | 0.06% |
1,144,940
+310,844
| +37% | +$8.45M |
|
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.