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 | |
|---|---|---|---|---|---|---|
526
Merit Medical Systems
MMSI
$5.39B
| $38.4M | 0.05% |
888,730
-125,838
| -12% | -$5.28M |
|
|
SLCA
527
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $38.4M | 0.05% |
1,178,265
+930,732
| +376% | +$29.7M |
|
|
P
528
Everpure Inc
P
$33.4B
| $38.3M | 0.05% |
2,417,888
+1,971,785
| +442% | +$32.9M |
|
529
DigitalBridge
DBRG
$2.95B
| $38.3M | 0.05% |
838,896
+816,880
| +3,710% | +$40.1M |
|
530
Silgan Holdings
SLGN
$4.49B
| $38.3M | 0.05% |
1,301,496
+1,239,355
| +1,994% | +$35.9M |
|
|
PPLI
531
People Inc
PPLI
$2.89B
| $38.1M | 0.05% |
1,743,400
+389,507
| +29% | +$8.72M |
|
|
NEX
532
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $38M | 0.05% |
2,000,965
-2,715,133
| -58% | -$42.6M |
|
533
Dick's Sporting Goods
DKS
$16.1B
| $38M | 0.05% |
1,323,372
+1,013,871
| +328% | +$28M |
|
534
Gentex
GNTX
$4.97B
| $38M | 0.05% |
1,814,790
+1,310,956
| +260% | +$26.1M |
|
535
Papa John's
PZZA
$793M
| $37.8M | 0.05% |
672,940
+214,352
| +47% | +$13.3M |
|
|
VXX
536
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $37.7M | 0.05% |
1,350,000
+900,000
| +200% | +$29.7M |
|
537
MKS Inc
MKSI
$18.2B
| $37.6M | 0.05% |
397,944
-16,581
| -4% | -$1.65M |
|
538
argenx
ARGX
$63.3B
| $37.6M | 0.05% |
+595,514
| New | +$19.5M |
|
|
MTGE
539
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $37.6M | 0.05% |
2,031,946
-38,544
| -2% | -$723K |
|
|
PPBI
540
DELISTED
Pacific Premier Bancorp
PPBI
| $37.5M | 0.05% |
938,321
+512,542
| +120% | +$20.2M |
|
541
CoreCivic
CXW
$3.35B
| $37.5M | 0.05% |
1,665,655
-83,424
| -5% | -$2M |
|
|
CNR
542
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $37.4M | 0.05% |
+1,939,476
| New | +$32.6M |
|
543
BJ's Restaurants
BJRI
$1.43B
| $37.3M | 0.05% |
1,025,536
+298,835
| +41% | +$9.97M |
|
544
Baidu
BIDU
$31.3B
| $37M | 0.05% |
157,912
+68,581
| +77% | +$16.8M |
|
|
FCE.A
545
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $36.9M | 0.05% |
1,532,272
+1,209,758
| +375% | +$29.9M |
|
546
Knight Transportation
KNX
$11.2B
| $36.9M | 0.05% |
844,252
-1,277,128
| -60% | -$52.5M |
|
547
Jones Lang LaSalle
JLL
$17.8B
| $36.6M | 0.05% |
245,851
+74,750
| +44% | +$10.6M |
|
548
Greif
GEF
$4.89B
| $36.5M | 0.05% |
603,261
+395,337
| +190% | +$22.5M |
|
549
United Therapeutics
UTHR
$22B
| $36.5M | 0.05% |
246,734
-69,513
| -22% | -$8.84M |
|
|
SRC
550
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $36.4M | 0.05% |
945,033
-12,011
| -1% | -$456K |
|
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.