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 | |
|---|---|---|---|---|---|---|
476
Vulcan Materials
VMC
$35.8B
| $44.6M | 0.06% |
390,553
-623,300
| -61% | -$78.5M |
|
477
Agnico Eagle Mines
AEM
$109B
| $44.6M | 0.06% |
1,059,050
+345,216
| +48% | +$15M |
|
478
M/I Homes
MHO
$3.85B
| $44.1M | 0.06% |
1,385,760
+244,107
| +21% | +$8.01M |
|
479
Centene
CNC
$32.1B
| $43.9M | 0.06% |
821,846
+762,626
| +1,288% | +$39.8M |
|
480
Paychex
PAYX
$44.3B
| $43.8M | 0.06% |
+711,236
| New | +$47M |
|
|
IPG
481
DELISTED
Interpublic Group of Companies
IPG
| $43.8M | 0.06% |
1,902,027
+909,836
| +92% | +$20.4M |
|
|
MTOR
482
DELISTED
MERITOR, Inc.
MTOR
| $43.6M | 0.06% |
2,119,759
+587,065
| +38% | +$14.2M |
|
483
Ascendis Pharma A/S
ASND
$16.6B
| $43.5M | 0.06% |
665,727
+134,936
| +25% | +$7.58M |
|
484
Bath & Body Works
BBWI
$3.92B
| $43.4M | 0.06% |
1,404,830
+1,170,605
| +500% | +$44.3M |
|
485
Empire State Realty Trust
ESRT
$834M
| $43.4M | 0.06% |
2,583,027
-994,619
| -28% | -$18M |
|
486
Caesars Entertainment
CZR
$6.06B
| $43.3M | 0.06% |
1,311,840
-166,043
| -11% | -$5.56M |
|
|
ESRX
487
DELISTED
Express Scripts Holding Company
ESRX
| $43.3M | 0.06% |
626,653
-2,861,602
| -82% | -$218M |
|
|
SWN
488
DELISTED
Southwestern Energy Company
SWN
| $43.3M | 0.06% |
9,990,526
+916,275
| +10% | +$4.12M |
|
489
Idexx Laboratories
IDXX
$43.9B
| $43M | 0.06% |
224,822
-144,175
| -39% | -$26.6M |
|
490
Labcorp
LH
$27.3B
| $43M | 0.06% |
309,203
-145,715
| -32% | -$21.4M |
|
|
NBIS
491
Nebius Group N.V.
NBIS
$59.6B
| $42.8M | 0.06% |
1,084,274
+709,009
| +189% | +$27.8M |
|
492
Assurant
AIZ
$14B
| $42.8M | 0.06% |
467,924
-19,445
| -4% | -$1.78M |
|
493
Air Products & Chemicals
APD
$67.9B
| $42.5M | 0.06% |
267,544
-768,263
| -74% | -$127M |
|
494
Warrior Met Coal
HCC
$5.64B
| $42.5M | 0.06% |
1,518,235
+449,636
| +42% | +$13M |
|
495
CALL
Devon Energy
DVN
$54B
| $42.4M | 0.06% |
1,333,900
| – | – |
|
496
BWX Technologies
BWXT
$14.4B
| $42.4M | 0.06% |
667,318
+368,644
| +123% | +$23.4M |
|
497
Oceaneering
OII
$5.28B
| $42.4M | 0.06% |
2,286,001
+412,094
| +22% | +$8.26M |
|
498
Sony
SONY
$140B
| $42.3M | 0.06% |
4,373,635
-1,675,275
| -28% | -$16.5M |
|
499
PUT
Alibaba
BABA
$286B
| $42.2M | 0.06% |
230,000
-20,000
| -8% | -$3.77M |
|
|
MASI
500
DELISTED
Masimo
MASI
| $42.2M | 0.06% |
479,784
+356,708
| +290% | +$31.1M |
|
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.