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 | |
|---|---|---|---|---|---|---|
576
Evolent Health
EVH
$534M
| $34.6M | 0.05% |
2,816,786
+1,073,282
| +62% | +$15.1M |
|
577
Seacoast Banking Corp of Florida
SBCF
$3.32B
| $34.6M | 0.05% |
1,371,910
+144,637
| +12% | +$3.62M |
|
578
Phillips 66
PSX
$96.5B
| $34.4M | 0.05% |
340,190
-525,521
| -61% | -$50M |
|
|
JHG
579
DELISTED
Janus Henderson
JHG
| $34.4M | 0.05% |
898,785
+891,084
| +11,571% | +$32.1M |
|
580
Commercial Metals
CMC
$7.18B
| $34.4M | 0.05% |
+1,612,276
| New | +$32.1M |
|
581
Incyte
INCY
$25.9B
| $34.4M | 0.05% |
362,937
+21,205
| +6% | +$2.22M |
|
582
Walt Disney
DIS
$191B
| $34.4M | 0.05% |
+319,538
| New | +$32.9M |
|
|
ENDP
583
DELISTED
Endo International plc
ENDP
| $34.3M | 0.05% |
4,430,987
+2,001,925
| +82% | +$15M |
|
584
Hexcel
HXL
$7B
| $34.3M | 0.05% |
553,785
+76,092
| +16% | +$4.63M |
|
585
Entegris
ENTG
$21.1B
| $34.2M | 0.05% |
1,124,553
+778,761
| +225% | +$23.9M |
|
586
Enpro
NPO
$6.45B
| $34.2M | 0.05% |
365,749
+147,898
| +68% | +$12.5M |
|
587
Groupon
GRPN
$798M
| $34.1M | 0.05% |
334,757
+329,251
| +5,980% | +$34.6M |
|
588
Berkshire Hathaway Class B
BRK.B
$1.08T
| $34.1M | 0.05% |
+172,127
| New | +$32.7M |
|
589
Darling Ingredients
DAR
$9.83B
| $34.1M | 0.05% |
1,878,742
+587,645
| +46% | +$10.2M |
|
|
PXD
590
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $34.1M | 0.05% |
197,000
| – | – |
|
|
SIVB
591
DELISTED
SVB Financial Group
SIVB
| $33.9M | 0.05% |
145,140
+94,567
| +187% | +$20.2M |
|
592
Telefônica Brasil
VIV
$18.3B
| $33.9M | 0.05% |
2,286,284
+1,693,892
| +286% | +$26.1M |
|
593
Camden Property Trust
CPT
$11B
| $33.7M | 0.05% |
+366,553
| New | +$33.9M |
|
594
Boise Cascade
BCC
$2.87B
| $33.7M | 0.05% |
845,634
+513,555
| +155% | +$19M |
|
595
Diodes
DIOD
$4.13B
| $33.7M | 0.05% |
1,176,688
+552,299
| +88% | +$17.2M |
|
596
Sabra Healthcare REIT
SBRA
$5.23B
| $33.6M | 0.05% |
1,789,935
-894,907
| -33% | -$17.8M |
|
597
Cheniere Energy
LNG
$58B
| $33.5M | 0.05% |
622,633
-975,038
| -61% | -$47M |
|
|
ZNGA
598
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $33.4M | 0.05% |
8,353,294
+307,788
| +4% | +$1.2M |
|
599
Apple Hospitality REIT
APLE
$3.92B
| $33.2M | 0.05% |
1,692,008
+437,618
| +35% | +$8.43M |
|
600
KB Home
KBH
$3.41B
| $33.2M | 0.05% |
1,038,262
+137,757
| +15% | +$3.96M |
|
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.