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 | |
|---|---|---|---|---|---|---|
601
Piper Sandler
PIPR
$5.28B
| $23.2M | 0.04% |
1,550,756
+899,348
| +138% | +$13.6M |
|
602
SouthState Bank Corp
SSB
$10.3B
| $23.2M | 0.04% |
271,111
+108,366
| +67% | +$9.36M |
|
603
Aptiv
APTV
$9.87B
| $23.2M | 0.04% |
+264,935
| New | +$22.1M |
|
604
Vipshop
VIPS
$6.91B
| $23.2M | 0.04% |
2,198,362
+1,314,748
| +149% | +$17.2M |
|
605
Ingersoll Rand
IR
$31B
| $23.2M | 0.04% |
+1,072,570
| New | +$24M |
|
|
SPLS
606
DELISTED
Staples Inc
SPLS
| $23.1M | 0.04% |
2,296,764
-2,359,596
| -51% | -$22M |
|
607
Henry Schein
HSIC
$9.95B
| $23.1M | 0.04% |
321,624
-334,509
| -51% | -$23.3M |
|
608
PUT
Merck
MRK
$372B
| $23.1M | 0.04% |
377,280
+366,800
| +3,500% | +$22.3M |
|
|
ICPT
609
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $23M | 0.04% |
189,583
+166,029
| +705% | +$19.2M |
|
|
SYNT
610
DELISTED
Syntel Inc
SYNT
| $22.9M | 0.04% |
1,349,178
+1,261,655
| +1,442% | +$21.9M |
|
|
DOOR
611
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $22.9M | 0.04% |
302,658
+13,356
| +5% | +$1.03M |
|
612
Merit Medical Systems
MMSI
$5.4B
| $22.8M | 0.04% |
597,421
+244,923
| +69% | +$8.18M |
|
613
Cullen/Frost Bankers
CFR
$10.2B
| $22.7M | 0.04% |
241,639
-286,113
| -54% | -$26.4M |
|
614
Fomento Económico Mexicano
FMX
$41.1B
| $22.7M | 0.04% |
230,513
+91,132
| +65% | +$8.49M |
|
615
La-Z-Boy
LZB
$1.3B
| $22.6M | 0.04% |
696,517
+615,493
| +760% | +$17.3M |
|
|
PX
616
DELISTED
Praxair Inc
PX
| $22.5M | 0.04% |
170,120
+142,002
| +505% | +$18.2M |
|
|
DF
617
DELISTED
Dean Foods Company
DF
| $22.5M | 0.04% |
1,325,839
-757,517
| -36% | -$14.2M |
|
|
AFAM
618
DELISTED
Almost Family Inc
AFAM
| $22.5M | 0.04% |
364,227
-5,451
| -1% | -$298K |
|
619
Teledyne Technologies
TDY
$28.9B
| $22.4M | 0.04% |
+175,808
| New | +$22.8M |
|
620
Bath & Body Works
BBWI
$3.87B
| $22.4M | 0.04% |
514,606
-2,103,503
| -80% | -$86.2M |
|
621
EPR Properties
EPR
$4.66B
| $22.4M | 0.04% |
311,479
+11,124
| +4% | +$811K |
|
622
Cal-Maine
CALM
$4B
| $22.3M | 0.04% |
563,762
-81,237
| -13% | -$3.11M |
|
|
AIV
623
Aimco
AIV
$378M
| $22.3M | 0.04% |
3,891,129
+1,161,272
| +43% | +$6.77M |
|
624
O-I Glass
OI
$1.11B
| $22.2M | 0.04% |
929,119
+662,481
| +248% | +$14.6M |
|
|
CRZO
625
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $22.2M | 0.04% |
1,272,591
+1,005,488
| +376% | +$23.4M |
|
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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.