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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.57% |
| 2 | Technology | 12.05% |
| 3 | Financials | 10.74% |
| 4 | Consumer Discretionary | 9.44% |
| 5 | Energy | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Broadridge
BR
$20.8B
| $30.9M | 0.05% |
298,091
-22,130
| -7% | -$2.22M |
|
552
Antero Midstream
AM
$10.5B
| $30.9M | 0.05% |
2,239,598
+2,181,147
| +3,732% | +$28.5M |
|
553
Workiva
WK
$4.07B
| $30.8M | 0.05% |
607,236
+249,292
| +70% | +$11M |
|
554
Capri Holdings
CPRI
$1.55B
| $30.7M | 0.05% |
670,240
-875,205
| -57% | -$38.3M |
|
|
KSU
555
DELISTED
Kansas City Southern
KSU
| $30.4M | 0.05% |
262,429
+178,052
| +211% | +$19.2M |
|
556
Bruker
BRKR
$9.07B
| $30.4M | 0.05% |
790,105
+49,462
| +7% | +$1.78M |
|
557
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $30.4M | 0.05% |
165,000
+65,000
| +65% | +$12M |
|
|
BDN
558
Brandywine Realty Trust
BDN
$522M
| $30.2M | 0.05% |
1,906,865
+152,799
| +9% | +$2.31M |
|
559
American Homes 4 Rent
AMH
$12.4B
| $30.2M | 0.05% |
1,327,343
+164,373
| +14% | +$3.6M |
|
560
Zebra Technologies
ZBRA
$17.4B
| $30.1M | 0.05% |
143,808
+47,436
| +49% | +$8.93M |
|
|
NEWR
561
DELISTED
New Relic, Inc.
NEWR
| $30.1M | 0.05% |
305,123
-255,450
| -46% | -$25.3M |
|
562
Jabil
JBL
$32.8B
| $29.9M | 0.04% |
1,125,003
-733,459
| -39% | -$19.6M |
|
563
Eagle Bancorp
EGBN
$861M
| $29.9M | 0.04% |
595,868
+556,923
| +1,430% | +$30.4M |
|
564
BP
BP
$115B
| $29.9M | 0.04% |
695,652
-829,132
| -54% | -$34M |
|
|
P
565
Everpure Inc
P
$36.1B
| $29.9M | 0.04% |
1,370,102
+349,588
| +34% | +$6.64M |
|
566
CONMED
CNMD
$1.53B
| $29.7M | 0.04% |
357,058
+249,262
| +231% | +$18.1M |
|
567
Avis
CAR
$5.18B
| $29.7M | 0.04% |
851,767
+310,829
| +57% | +$9.31M |
|
568
Curtiss-Wright
CW
$23.5B
| $29.7M | 0.04% |
261,897
+6,319
| +2% | +$719K |
|
|
WCG
569
DELISTED
Wellcare Health Plans, Inc.
WCG
| $29.6M | 0.04% |
109,778
-77,155
| -41% | -$19.9M |
|
570
Frontdoor
FTDR
$5.69B
| $29.5M | 0.04% |
858,283
+843,361
| +5,652% | +$25.8M |
|
|
ABB
571
DELISTED
ABB Ltd
ABB
| $29.5M | 0.04% |
+1,563,658
| New | +$30.3M |
|
|
NEX
572
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $29.5M | 0.04% |
2,705,391
+374,572
| +16% | +$3.77M |
|
|
GRSHU
573
DELISTED
Gores Holdings III, Inc. Units
GRSHU
| $29.4M | 0.04% |
2,850,000
| – | – |
|
|
MGLN
574
DELISTED
Magellan Health Services, Inc.
MGLN
| $29.3M | 0.04% |
444,665
+390,088
| +715% | +$25M |
|
575
Lennar Class A
LEN
$21B
| $29.3M | 0.04% |
616,012
+498,648
| +425% | +$22.6M |
|
Similar funds
Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $6.14B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, down from 14% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.