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 | |
|---|---|---|---|---|---|---|
|
AERI
576
DELISTED
Aerie Pharmaceuticals
AERI
| $24.9M | 0.04% |
473,456
-613,089
| -56% | -$28.5M |
|
577
Tower Semiconductor
TSEM
$23.9B
| $24.8M | 0.04% |
1,041,259
-58,502
| -5% | -$1.38M |
|
|
CPN
578
DELISTED
Calpine Corporation
CPN
| $24.8M | 0.04% |
1,832,012
+1,234,705
| +207% | +$14.9M |
|
579
CNX Resources
CNX
$5.4B
| $24.7M | 0.04% |
1,984,440
+1,928,923
| +3,474% | +$24.9M |
|
580
DuPont de Nemours
DD
$18.5B
| $24.6M | 0.04% |
154,112
-407,046
| -73% | -$64.7M |
|
581
Idexx Laboratories
IDXX
$44.1B
| $24.5M | 0.04% |
151,555
+109,793
| +263% | +$17.8M |
|
|
NXTM
582
DELISTED
NxStage Medical Inc.
NXTM
| $24.4M | 0.04% |
971,623
+591,391
| +156% | +$14.6M |
|
583
Cousins Properties
CUZ
$4.94B
| $24.3M | 0.04% |
690,019
-164,574
| -19% | -$5.66M |
|
|
AHL
584
DELISTED
ASPEN Insurance Holding Limited
AHL
| $24.3M | 0.04% |
486,455
+414,344
| +575% | +$21.1M |
|
|
P
585
DELISTED
Pandora Media Inc
P
| $24.2M | 0.04% |
2,712,503
+1,863,806
| +220% | +$17.9M |
|
586
Jefferies Financial Group
JEF
$12B
| $24.2M | 0.04% |
1,032,462
-157,011
| -13% | -$3.58M |
|
|
AVP
587
DELISTED
Avon Products, Inc.
AVP
| $24.1M | 0.04% |
6,331,092
+2,895,748
| +84% | +$11.3M |
|
|
DRE
588
DELISTED
Duke Realty Corp.
DRE
| $24M | 0.04% |
859,775
+652,257
| +314% | +$18.3M |
|
|
SC
589
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $24M | 0.04% |
1,880,902
+474,267
| +34% | +$5.75M |
|
590
Golar LNG
GLNG
$5.25B
| $24M | 0.04% |
1,077,977
+301,067
| +39% | +$7.55M |
|
|
BRSL
591
Brightstar Lottery PLC
BRSL
$2.16B
| $23.8M | 0.04% |
1,303,136
+1,098,335
| +536% | +$22.5M |
|
|
MZTI
592
The Marzetti Company
MZTI
$3.17B
| $23.7M | 0.04% |
193,681
+178,009
| +1,136% | +$22.3M |
|
593
W.W. Grainger
GWW
$62.3B
| $23.7M | 0.04% |
131,438
-76,979
| -37% | -$14.5M |
|
594
BlackBerry
BB
$4.48B
| $23.7M | 0.04% |
2,373,576
+1,335,878
| +129% | +$13.1M |
|
595
Ametek
AME
$55.6B
| $23.7M | 0.04% |
+391,284
| New | +$23.1M |
|
|
PACW
596
DELISTED
PacWest Bancorp
PACW
| $23.7M | 0.04% |
507,302
+123,283
| +32% | +$6.01M |
|
597
Ares Capital
ARCC
$14.4B
| $23.6M | 0.04% |
1,438,120
-1,467,169
| -50% | -$24.7M |
|
598
Lockheed Martin
LMT
$130B
| $23.5M | 0.04% |
84,546
+63,935
| +310% | +$17.6M |
|
599
Alibaba
BABA
$284B
| $23.3M | 0.04% |
165,231
+87,929
| +114% | +$10.9M |
|
600
Advance Auto Parts
AAP
$2.63B
| $23.3M | 0.04% |
199,612
+27,984
| +16% | +$3.84M |
|
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.