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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Northern Oil and Gas
NOG
$2.86B
| $25.1M | 0.04% |
1,112,403
+1,101,303
| +9,922% | +$32.4M |
|
|
GG
602
DELISTED
Goldcorp Inc
GG
| $25.1M | 0.04% |
+2,564,148
| New | +$24.9M |
|
603
SITE Centers
SITC
$161M
| $25M | 0.04% |
2,899,836
+37,241
| +1% | +$350K |
|
604
Oshkosh
OSK
$9.65B
| $25M | 0.04% |
407,520
-312,521
| -43% | -$20M |
|
605
Urban Outfitters
URBN
$6.51B
| $24.9M | 0.04% |
751,424
-156,712
| -17% | -$5.86M |
|
606
Ford
F
$55.5B
| $24.9M | 0.04% |
3,259,172
+2,626,947
| +416% | +$23.4M |
|
|
FTSI
607
DELISTED
FTS International, Inc. Common Stock
FTSI
| $24.9M | 0.04% |
175,170
-2,786
| -2% | -$587K |
|
|
SAFM
608
DELISTED
Sanderson Farms Inc
SAFM
| $24.9M | 0.04% |
250,761
+124,645
| +99% | +$12.7M |
|
609
Tandem Diabetes Care
TNDM
$1.55B
| $24.8M | 0.04% |
653,689
-107,311
| -14% | -$3.79M |
|
|
XEC
610
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $24.8M | 0.04% |
401,900
| – | – |
|
611
iShares Core S&P 500 ETF
IVV
$891B
| $24.7M | 0.04% |
98,176
+54,260
| +124% | +$14.7M |
|
|
WBA
612
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $24.7M | 0.04% |
360,900
+35,800
| +11% | +$2.78M |
|
|
BPFH
613
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $24.6M | 0.04% |
2,329,626
-4,553
| -0.2% | -$57.2K |
|
614
Golar LNG
GLNG
$5.25B
| $24.6M | 0.04% |
1,130,483
+933,507
| +474% | +$24.1M |
|
615
Ameriprise Financial
AMP
$49.6B
| $24.5M | 0.04% |
235,100
-249,015
| -51% | -$31.3M |
|
616
DNOW Inc
DNOW
$2.8B
| $24.5M | 0.04% |
2,107,721
+1,156,110
| +121% | +$16.2M |
|
617
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $24.4M | 0.04% |
+379,200
| New | +$26.9M |
|
|
CIVI
618
DELISTED
Civitas Resources
CIVI
| $24.4M | 0.04% |
1,179,737
+262,056
| +29% | +$6.89M |
|
|
EFOR
619
Everforth Inc
EFOR
$1.33B
| $24.3M | 0.04% |
446,094
+308,035
| +223% | +$20.1M |
|
|
ACIA
620
DELISTED
Acacia Communications Inc
ACIA
| $24.3M | 0.04% |
639,280
+498,540
| +354% | +$20.1M |
|
621
Clean Harbors
CLH
$16.6B
| $24.2M | 0.04% |
490,152
+444,239
| +968% | +$27.7M |
|
622
Brixmor Property Group
BRX
$9.08B
| $24.1M | 0.04% |
1,642,823
-829,741
| -34% | -$13.1M |
|
|
BKI
623
DELISTED
Black Knight, Inc. Common Stock
BKI
| $24.1M | 0.04% |
534,992
-287,506
| -35% | -$13.5M |
|
|
PE
624
DELISTED
PARSLEY ENERGY INC
PE
| $24M | 0.04% |
1,504,192
-4,139,396
| -73% | -$94.3M |
|
625
HEICO Corp Class A
HEI.A
$36.2B
| $24M | 0.04% |
380,445
-40,439
| -10% | -$2.71M |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.