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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.86B
| $35.5M | 0.05% |
+251,850
| New | +$36.1M |
|
577
G-III Apparel Group
GIII
$1.43B
| $35.5M | 0.05% |
941,324
+438,499
| +87% | +$16.3M |
|
578
Synchrony
SYF
$25.9B
| $35.4M | 0.05% |
1,054,648
+702,284
| +199% | +$26.1M |
|
579
Boyd Gaming
BYD
$5.87B
| $35.3M | 0.05% |
1,108,814
-332,391
| -23% | -$11.9M |
|
580
Signet Jewelers
SIG
$3.16B
| $35.3M | 0.05% |
915,947
+807,282
| +743% | +$40.1M |
|
581
Vishay Intertechnology
VSH
$4.85B
| $35.2M | 0.05% |
1,890,642
-238,071
| -11% | -$4.77M |
|
|
GPOR
582
DELISTED
Gulfport Energy Corp.
GPOR
| $35.2M | 0.05% |
3,642,957
+2,392,339
| +191% | +$25.5M |
|
583
Helmerich & Payne
HP
$4.35B
| $35.1M | 0.05% |
527,761
-99,944
| -16% | -$6.74M |
|
|
AAT
584
American Assets Trust
AAT
$1.4B
| $35.1M | 0.05% |
1,050,506
+668,669
| +175% | +$22.7M |
|
585
TriNet
TNET
$3.24B
| $35M | 0.05% |
755,178
+7,947
| +1% | +$351K |
|
586
Hilton Grand Vacations
HGV
$3.51B
| $34.9M | 0.05% |
811,208
+412,680
| +104% | +$18.1M |
|
|
WFT
587
DELISTED
Weatherford International plc
WFT
| $34.9M | 0.05% |
15,235,225
-11,663,258
| -43% | -$37.2M |
|
|
JNPR
588
DELISTED
Juniper Networks
JNPR
| $34.8M | 0.05% |
1,431,882
+1,230,732
| +612% | +$32.7M |
|
589
Cencora
COR
$60.7B
| $34.8M | 0.05% |
403,974
-1,103,716
| -73% | -$106M |
|
590
Ashland
ASH
$3.33B
| $34.6M | 0.05% |
496,472
+339,482
| +216% | +$24.4M |
|
|
PBCT
591
DELISTED
People's United Financial Inc
PBCT
| $34.6M | 0.05% |
1,855,971
+843,918
| +83% | +$16.4M |
|
592
Cactus
WHD
$5.57B
| $34.6M | 0.05% |
+1,284,260
| New | +$32.3M |
|
593
Orthofix Medical
OFIX
$408M
| $34.6M | 0.05% |
587,935
-64,034
| -10% | -$3.59M |
|
594
Fortinet
FTNT
$113B
| $34.5M | 0.05% |
3,220,255
-1,790,770
| -36% | -$17.4M |
|
595
Equity Lifestyle Properties
ELS
$12.7B
| $34.5M | 0.05% |
786,104
+594,392
| +310% | +$25.3M |
|
596
Kratos Defense & Security Solutions
KTOS
$10.7B
| $34.4M | 0.05% |
3,346,262
+827,752
| +33% | +$9.22M |
|
|
COHR
597
DELISTED
Coherent Inc
COHR
| $34.4M | 0.05% |
183,633
-98,946
| -35% | -$23.9M |
|
598
Affiliated Managers Group
AMG
$9.21B
| $34.4M | 0.05% |
181,359
+122,290
| +207% | +$23.8M |
|
|
SKX
599
DELISTED
Skechers
SKX
| $34.4M | 0.05% |
883,859
-567,516
| -39% | -$22.6M |
|
600
Cboe Global Markets
CBOE
$31.4B
| $34.4M | 0.05% |
+301,207
| New | +$36.6M |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.