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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
CALL
iShares Russell 2000 ETF
IWM
$81.4B
| $29.6M | 0.05% |
+200,000
| New | +$28.1M |
|
577
BGC Group
BGC
$5.58B
| $29.6M | 0.05% |
3,180,228
-2,109,733
| -40% | -$17.6M |
|
578
Rio Tinto
RIO
$170B
| $29.6M | 0.05% |
626,211
+333,820
| +114% | +$15.5M |
|
579
CALL
Kimberly-Clark
KMB
$36.9B
| $29.4M | 0.04% |
+250,000
| New | +$30.5M |
|
580
Seacoast Banking Corp of Florida
SBCF
$3.34B
| $29.3M | 0.04% |
1,227,273
+391,143
| +47% | +$9.06M |
|
581
Universal Display
OLED
$3.93B
| $29.3M | 0.04% |
227,485
-142,761
| -39% | -$17.3M |
|
|
SOHU
582
Sohu.com
SOHU
$376M
| $29.2M | 0.04% |
537,041
+386,695
| +257% | +$20.2M |
|
583
PUT
CenterPoint Energy
CNP
$25.5B
| $29.2M | 0.04% |
+1,000,000
| New | +$28.9M |
|
584
Burlington
BURL
$20.5B
| $29.1M | 0.04% |
304,953
-108,465
| -26% | -$9.52M |
|
|
PXD
585
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $29.1M | 0.04% |
197,000
| – | – |
|
|
MDR
586
DELISTED
McDermott International
MDR
| $29.1M | 0.04% |
1,332,652
+969,738
| +267% | +$19.4M |
|
587
CALL
NXP Semiconductors
NXPI
$55.8B
| $29M | 0.04% |
256,800
+196,900
| +329% | +$22M |
|
|
IMGN
588
DELISTED
Immunogen Inc
IMGN
| $29M | 0.04% |
3,787,427
-242,030
| -6% | -$1.61M |
|
589
First Interstate BancSystem
FIBK
$3.55B
| $28.9M | 0.04% |
755,289
-123,032
| -14% | -$4.46M |
|
590
Primoris Services
PRIM
$4.04B
| $28.7M | 0.04% |
973,979
+415,860
| +75% | +$11.1M |
|
591
New Jersey Resources
NJR
$5.42B
| $28.6M | 0.04% |
678,926
+172,086
| +34% | +$7.28M |
|
|
BRCD
592
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $28.6M | 0.04% |
2,392,714
-19,319
| -0.8% | -$239K |
|
|
CBM
593
DELISTED
Cambrex Corporation
CBM
| $28.5M | 0.04% |
517,307
+19,889
| +4% | +$1.09M |
|
|
PPLI
594
People Inc
PPLI
$2.89B
| $28.4M | 0.04% |
1,353,893
-948,522
| -41% | -$18.4M |
|
595
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.1B
| $28.4M | 0.04% |
+400,000
| New | +$27.5M |
|
|
COL
596
DELISTED
Rockwell Collins
COL
| $28.4M | 0.04% |
217,187
-154,683
| -42% | -$18.8M |
|
|
AMAG
597
DELISTED
AMAG Pharmaceuticals
AMAG
| $28.3M | 0.04% |
1,534,292
+81,919
| +6% | +$1.53M |
|
598
UBS Group
UBS
$165B
| $28.1M | 0.04% |
1,640,335
+1,002,396
| +157% | +$17.1M |
|
599
Associated Banc-Corp
ASB
$5.83B
| $28M | 0.04% |
1,154,563
-1,155,420
| -50% | -$26.9M |
|
|
HES
600
DELISTED
Hess
HES
| $28M | 0.04% |
596,725
-385,763
| -39% | -$16.3M |
|
Similar funds
Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.