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 | |
|---|---|---|---|---|---|---|
501
Werner Enterprises
WERN
$2.26B
| $40.8M | 0.06% |
1,056,019
+198,614
| +23% | +$7.22M |
|
502
Helmerich & Payne
HP
$4.25B
| $40.6M | 0.06% |
+627,705
| New | +$35.2M |
|
|
ALE
503
DELISTED
Allete
ALE
| $40.5M | 0.06% |
545,149
+420,136
| +336% | +$32.7M |
|
504
Itaú Unibanco
ITUB
$82.9B
| $40.4M | 0.06% |
6,408,451
+3,807,157
| +146% | +$24.3M |
|
505
Douglas Emmett
DEI
$2B
| $40.3M | 0.06% |
982,016
+473,779
| +93% | +$19.1M |
|
|
ATH
506
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $40.2M | 0.06% |
777,792
+90,980
| +13% | +$4.65M |
|
507
Varonis Systems
VRNS
$4.72B
| $40.2M | 0.06% |
2,482,272
+148,596
| +6% | +$2.33M |
|
|
HI
508
DELISTED
Hillenbrand
HI
| $40.1M | 0.06% |
897,718
+223,391
| +33% | +$9.35M |
|
|
INN
509
Summit Hotel Properties
INN
$662M
| $40M | 0.06% |
2,628,803
+2,007,936
| +323% | +$31M |
|
|
JOYY
510
JOYY Inc
JOYY
$3.7B
| $39.8M | 0.06% |
352,248
-119,384
| -25% | -$12M |
|
511
Oceaneering
OII
$5.02B
| $39.6M | 0.05% |
1,873,907
+1,266,314
| +208% | +$26.9M |
|
512
LivaNova
LIVN
$4.31B
| $39.4M | 0.05% |
493,443
+485,840
| +6,390% | +$38.6M |
|
513
RPM International
RPM
$13.6B
| $39.3M | 0.05% |
750,451
+296,616
| +65% | +$15.5M |
|
|
RVNC
514
DELISTED
Revance Therapeutics, Inc.
RVNC
| $39.3M | 0.05% |
+1,099,032
| New | +$31.6M |
|
515
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $39.3M | 0.05% |
468,476
+16,874
| +4% | +$1.42M |
|
516
M/I Homes
MHO
$3.84B
| $39.3M | 0.05% |
1,141,653
-60,874
| -5% | -$1.99M |
|
|
WLL
517
DELISTED
Whiting Petroleum Corporation
WLL
| $39M | 0.05% |
19,613
+9,258
| +89% | +$16.2M |
|
518
Aptiv
APTV
$9.83B
| $38.8M | 0.05% |
457,388
+206,346
| +82% | +$19.6M |
|
519
Ventas
VTR
$47.9B
| $38.8M | 0.05% |
+646,519
| New | +$40.9M |
|
520
Quanta Services
PWR
$92.7B
| $38.7M | 0.05% |
989,053
-1,428,561
| -59% | -$53.6M |
|
521
Tower Semiconductor
TSEM
$23.9B
| $38.6M | 0.05% |
1,133,394
-337,549
| -23% | -$11.2M |
|
522
Century Communities
CCS
$1.97B
| $38.6M | 0.05% |
1,241,269
+326,505
| +36% | +$9.32M |
|
|
EE
523
DELISTED
El Paso Electric Company
EE
| $38.6M | 0.05% |
697,124
-94,208
| -12% | -$5.46M |
|
524
Waters Corp
WAT
$40.4B
| $38.5M | 0.05% |
199,450
+30,409
| +18% | +$5.87M |
|
525
Amphenol
APH
$192B
| $38.5M | 0.05% |
1,754,808
+497,300
| +40% | +$10.9M |
|
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.