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 | |
|---|---|---|---|---|---|---|
651
Kilroy Realty
KRC
$4.29B
| $30.4M | 0.04% |
407,130
-425,777
| -51% | -$31.3M |
|
652
Edison International
EIX
$28.5B
| $30.3M | 0.04% |
478,800
-550,643
| -53% | -$42M |
|
653
Vail Resorts
MTN
$5.35B
| $30.2M | 0.04% |
142,138
+756
| +0.5% | +$169K |
|
654
Gilead Sciences
GILD
$182B
| $30.2M | 0.04% |
421,117
+141,345
| +51% | +$10.7M |
|
|
DNKN
655
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $30.1M | 0.04% |
466,823
-211,255
| -31% | -$12.3M |
|
656
First Horizon
FHN
$11.6B
| $30M | 0.04% |
+1,501,964
| New | +$28.9M |
|
|
SPLK
657
DELISTED
Splunk Inc
SPLK
| $29.9M | 0.04% |
361,452
-98,031
| -21% | -$7.19M |
|
658
Halozyme
HALO
$12.3B
| $29.9M | 0.04% |
1,475,143
+733,706
| +99% | +$13.5M |
|
659
Donaldson
DCI
$10.7B
| $29.9M | 0.04% |
610,353
-243,124
| -28% | -$11.6M |
|
660
Mercury Insurance
MCY
$5.89B
| $29.8M | 0.04% |
558,257
+378,455
| +210% | +$20.8M |
|
|
CHS
661
DELISTED
Chicos FAS, Inc.
CHS
| $29.8M | 0.04% |
3,378,419
+2,084,803
| +161% | +$17.3M |
|
|
TPH
662
DELISTED
Tri Pointe Homes
TPH
| $29.8M | 0.04% |
1,661,565
-4,774,597
| -74% | -$80.4M |
|
|
PDCO
663
DELISTED
Patterson Companies, Inc.
PDCO
| $29.8M | 0.04% |
823,516
-626,745
| -43% | -$22.9M |
|
664
Idacorp
IDA
$8B
| $29.6M | 0.04% |
324,119
+271,825
| +520% | +$25.4M |
|
665
Everest Group
EG
$14.4B
| $29.6M | 0.04% |
133,586
+106,800
| +399% | +$24.1M |
|
|
TVPT
666
DELISTED
Travelport Worldwide Limited
TVPT
| $29.5M | 0.04% |
2,253,533
+1,168,411
| +108% | +$16.7M |
|
|
CY
667
DELISTED
Cypress Semiconductor
CY
| $29.4M | 0.04% |
1,931,217
-401,157
| -17% | -$6.37M |
|
668
CALL
NXP Semiconductors
NXPI
$56.1B
| $29.4M | 0.04% |
251,000
-5,800
| -2% | -$670K |
|
669
Red Robin
RRGB
$191M
| $29.3M | 0.04% |
520,229
-30,680
| -6% | -$1.77M |
|
670
Arista Networks
ANET
$237B
| $29.3M | 0.04% |
+1,990,192
| New | +$26.6M |
|
671
Black Hills Corp
BKH
$5.49B
| $29.3M | 0.04% |
487,431
-319,558
| -40% | -$19.8M |
|
|
VER
672
DELISTED
VEREIT, Inc.
VER
| $29.1M | 0.04% |
746,812
-129,824
| -15% | -$5.21M |
|
673
Leggett & Platt
LEG
$1.28B
| $29M | 0.04% |
607,097
-147,214
| -20% | -$6.95M |
|
|
GRFS
674
Grifois
GRFS
$5.44B
| $28.9M | 0.04% |
1,261,882
-525,050
| -29% | -$11.7M |
|
|
CRZO
675
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $28.9M | 0.04% |
1,357,398
+593,316
| +78% | +$11M |
|
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.