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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 2 |
Abbott
ABT
|
+$259M |
| 3 |
AutoZone
AZO
|
+$204M |
| 4 |
AABA
Altaba Inc
AABA
|
+$186M |
| 5 |
D.R. Horton
DHI
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$215M |
| 2 |
Public Service Enterprise Group
PEG
|
+$211M |
| 3 |
Applied Materials
AMAT
|
+$203M |
| 4 |
Intuitive Surgical
ISRG
|
+$194M |
| 5 |
ConocoPhillips
COP
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.49% |
| 2 | Technology | 12.13% |
| 3 | Healthcare | 11.89% |
| 4 | Consumer Discretionary | 11.58% |
| 5 | Industrials | 10.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Fortinet
FTNT
$112B
| $43.8M | 0.06% |
5,011,025
+642,385
| +15% | +$5.23M |
|
|
HA
477
DELISTED
Hawaiian Holdings, Inc.
HA
| $43.7M | 0.06% |
1,096,662
+253,340
| +30% | +$9.74M |
|
478
Bank OZK
OZK
$5.41B
| $43.6M | 0.06% |
900,076
+840,513
| +1,411% | +$39M |
|
|
PFPT
479
DELISTED
Proofpoint, Inc.
PFPT
| $43.6M | 0.06% |
490,933
-1,517
| -0.3% | -$138K |
|
|
LGF.A
480
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $43.6M | 0.06% |
1,288,514
+39,415
| +3% | +$1.24M |
|
481
Alaska Air
ALK
$4.67B
| $43.4M | 0.06% |
590,249
-278,313
| -32% | -$19.8M |
|
482
FNB Corp
FNB
$6.6B
| $43.4M | 0.06% |
3,137,109
-3,387,258
| -52% | -$46.5M |
|
483
PUT
Alibaba
BABA
$284B
| $43.1M | 0.06% |
250,000
-250,000
| -50% | -$44.8M |
|
484
Armstrong World Industries
AWI
$7.52B
| $43.1M | 0.06% |
711,837
-485,224
| -41% | -$26.7M |
|
|
MRC
485
DELISTED
MRC Global
MRC
| $43M | 0.06% |
2,541,235
-2,452,024
| -49% | -$40.5M |
|
486
Bio-Rad Laboratories Class A
BIO
$10.2B
| $43M | 0.06% |
180,002
+95,235
| +112% | +$23.1M |
|
|
NAV
487
DELISTED
Navistar International
NAV
| $42.3M | 0.06% |
986,631
+688,259
| +231% | +$28.6M |
|
488
PNC Financial Services
PNC
$97.4B
| $42.2M | 0.06% |
292,243
+246,414
| +538% | +$34.1M |
|
489
Alexandria Real Estate Equities
ARE
$9.31B
| $42.2M | 0.06% |
322,836
-525,269
| -62% | -$66.2M |
|
490
Novartis
NVS
$301B
| $42.1M | 0.06% |
559,868
-370,357
| -40% | -$27.9M |
|
491
Rithm Capital
RITM
$5.73B
| $42M | 0.06% |
2,346,221
-1,354,169
| -37% | -$23.8M |
|
492
UGI
UGI
$8.14B
| $41.8M | 0.06% |
890,836
+133,899
| +18% | +$6.4M |
|
|
AIV
493
Aimco
AIV
$381M
| $41.8M | 0.06% |
7,172,324
+656,591
| +10% | +$3.87M |
|
494
Camping World
CWH
$659M
| $41.7M | 0.06% |
932,305
+503,079
| +117% | +$21.9M |
|
495
Tronox
TROX
$859M
| $41.7M | 0.06% |
2,033,096
+1,456,872
| +253% | +$35.5M |
|
|
AVXS
496
DELISTED
AveXis, Inc. Common Stock
AVXS
| $41.6M | 0.06% |
375,579
+53,891
| +17% | +$5.41M |
|
497
Neurocrine Biosciences
NBIX
$15.6B
| $41.5M | 0.06% |
534,566
+417,661
| +357% | +$28.5M |
|
498
Molina Healthcare
MOH
$10.4B
| $41.3M | 0.06% |
538,181
+355,663
| +195% | +$25.7M |
|
499
Lamb Weston
LW
$7.59B
| $41.1M | 0.06% |
728,370
+456,354
| +168% | +$24M |
|
500
HF Sinclair
DINO
$16.9B
| $40.9M | 0.06% |
798,245
-313,389
| -28% | -$13.2M |
|
Similar funds
Israel Englander's Q4 2017 Portfolio in Review
As of Q4 2017, Israel Englander held 4,357 positions worth $72.5B, up 10% from $65.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander deployed $3.05B of net new capital in Q4 2017, opening 897 new positions and adding to 1,473 existing holdings. Its largest new stake was Viatris: 2,905,317 shares worth $123M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Honeywell, an estimated $215M trimmed.
- Israel Englander's largest Q4 2017 buy was Viatris: 2,905,317 shares worth $123M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $593M increase.
- Israel Englander's biggest Q4 2017 reduction was Honeywell, cutting an estimated $215M.
- Israel Englander fully exited Paychex in Q4 2017, selling an estimated $66.4M.
- Israel Englander's ten largest holdings make up 6.7% of its $72.5B portfolio in Q4 2017.
- Israel Englander opened 897 new positions and closed 601 in Q4 2017.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $72.5B.
Based on Millennium Management's 13F filing for Q4 2017, filed 14 Feb 2018.