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 | |
|---|---|---|---|---|---|---|
|
BRCD
501
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $30.4M | 0.05% |
2,412,033
+296,878
| +14% | +$3.74M |
|
502
Flowserve
FLS
$10.1B
| $30.3M | 0.05% |
+651,958
| New | +$31.4M |
|
503
Camden Property Trust
CPT
$10.9B
| $30.2M | 0.05% |
353,560
-3,969
| -1% | -$332K |
|
|
DNB
504
DELISTED
Dun & Bradstreet
DNB
| $30.2M | 0.05% |
279,511
-194,816
| -41% | -$20.9M |
|
505
ICU Medical
ICUI
$4.57B
| $29.9M | 0.05% |
173,517
+160,558
| +1,239% | +$25.8M |
|
|
KTWO
506
DELISTED
K2M Group Holdings, Inc
KTWO
| $29.9M | 0.05% |
1,226,722
-63,442
| -5% | -$1.41M |
|
507
Tapestry
TPR
$26.3B
| $29.9M | 0.05% |
630,923
-474,226
| -43% | -$20.8M |
|
|
CBM
508
DELISTED
Cambrex Corporation
CBM
| $29.7M | 0.05% |
+497,418
| New | +$28M |
|
509
Align Technology
ALGN
$11.5B
| $29.7M | 0.05% |
197,907
+55,152
| +39% | +$7.48M |
|
510
Atmos Energy
ATO
$28.1B
| $29.6M | 0.05% |
357,007
-110,212
| -24% | -$9.04M |
|
511
Global Payments
GPN
$25.2B
| $29.3M | 0.05% |
324,437
-531,636
| -62% | -$46M |
|
|
NLSN
512
DELISTED
Nielsen Holdings plc
NLSN
| $29.3M | 0.05% |
756,617
+420,987
| +125% | +$16.7M |
|
513
Petrobras
PBR
$119B
| $29.2M | 0.05% |
3,659,815
+884,780
| +32% | +$7.89M |
|
514
Cognizant
CTSH
$27.9B
| $29.1M | 0.05% |
+438,872
| New | +$27.9M |
|
|
LQ
515
DELISTED
La Quinta Holdings Inc.
LQ
| $29.1M | 0.05% |
1,972,435
+1,174,060
| +147% | +$16.6M |
|
516
Canadian Imperial Bank of Commerce
CM
$106B
| $29.1M | 0.05% |
717,736
+445,422
| +164% | +$18M |
|
517
Lincoln National
LNC
$8.19B
| $29.1M | 0.05% |
430,646
+17,189
| +4% | +$1.14M |
|
|
CY
518
DELISTED
Cypress Semiconductor
CY
| $29.1M | 0.05% |
2,129,961
+2,091,841
| +5,488% | +$28.5M |
|
|
X
519
DELISTED
US Steel
X
| $28.9M | 0.05% |
1,307,527
+523,484
| +67% | +$12.4M |
|
520
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.4B
| $28.9M | 0.05% |
375,000
+175,000
| +88% | +$12.4M |
|
521
Boyd Gaming
BYD
$5.89B
| $28.9M | 0.05% |
1,163,344
+801,714
| +222% | +$19.3M |
|
|
CERN
522
DELISTED
Cerner Corp
CERN
| $28.9M | 0.05% |
434,126
+336,344
| +344% | +$21.5M |
|
523
State Street
STT
$52.1B
| $28.7M | 0.05% |
+320,158
| New | +$26.6M |
|
|
IMGN
524
DELISTED
Immunogen Inc
IMGN
| $28.6M | 0.05% |
4,029,457
+2,922,762
| +264% | +$13.4M |
|
525
CALL
Steel Dynamics
STLD
$33.8B
| $28.6M | 0.05% |
800,000
+750,000
| +1,500% | +$26M |
|
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.