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 | |
|---|---|---|---|---|---|---|
676
Marriott International
MAR
$93.9B
| $28.8M | 0.04% |
212,343
+115,666
| +120% | +$14.2M |
|
677
Royal Bank of Canada
RY
$284B
| $28.8M | 0.04% |
352,860
+84,211
| +31% | +$6.68M |
|
678
CBRE Group
CBRE
$44B
| $28.7M | 0.04% |
663,759
+314,571
| +90% | +$13M |
|
679
Cousins Properties
CUZ
$4.94B
| $28.7M | 0.04% |
775,472
-413,515
| -35% | -$15.3M |
|
680
Selective Insurance
SIGI
$5.52B
| $28.6M | 0.04% |
488,075
+156,551
| +47% | +$9.06M |
|
681
Leidos
LDOS
$17.4B
| $28.6M | 0.04% |
442,575
+115,877
| +35% | +$7.26M |
|
|
CCMP
682
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $28.5M | 0.04% |
302,976
+116,046
| +62% | +$10.7M |
|
683
Equinor
EQNR
$101B
| $28.3M | 0.04% |
1,320,710
+325,693
| +33% | +$6.64M |
|
684
Suncor Energy
SU
$78.8B
| $28.2M | 0.04% |
768,901
-358,990
| -32% | -$12.5M |
|
|
ESIO
685
DELISTED
Electro Scientific Industries
ESIO
| $28.1M | 0.04% |
1,311,263
-47,687
| -4% | -$957K |
|
686
Transocean
RIG
$6.44B
| $28.1M | 0.04% |
2,628,765
+2,353,283
| +854% | +$24.4M |
|
687
JetBlue
JBLU
$1.87B
| $28M | 0.04% |
1,255,163
-344,455
| -22% | -$7.04M |
|
688
Morgan Stanley
MS
$336B
| $28M | 0.04% |
533,830
+180,161
| +51% | +$9.11M |
|
689
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $27.9M | 0.04% |
1,000,000
+500,000
| +100% | +$13.5M |
|
690
Lithia Motors
LAD
$8.1B
| $27.9M | 0.04% |
+245,466
| New | +$28.5M |
|
691
Nexa Resources
NEXA
$2.02B
| $27.9M | 0.04% |
+1,421,088
| New | +$24.6M |
|
|
SVC
692
Service Properties Trust
SVC
$1.04B
| $27.8M | 0.04% |
186,135
+105,520
| +131% | +$15.5M |
|
|
RDS.B
693
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $27.7M | 0.04% |
405,456
-265,407
| -40% | -$17.2M |
|
694
MiMedx Group
MDXG
$622M
| $27.7M | 0.04% |
2,193,907
+226,663
| +12% | +$2.76M |
|
695
Procter & Gamble
PG
$341B
| $27.6M | 0.04% |
300,196
+216,939
| +261% | +$19.5M |
|
|
BKI
696
DELISTED
Black Knight, Inc. Common Stock
BKI
| $27.4M | 0.04% |
621,645
+6,518
| +1% | +$295K |
|
|
ARRS
697
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $27.4M | 0.04% |
1,068,154
+270,162
| +34% | +$7.6M |
|
698
OSI Systems
OSIS
$3.36B
| $27.4M | 0.04% |
426,163
+206,089
| +94% | +$17.3M |
|
699
PUT
C.H. Robinson
CHRW
$16.7B
| $27.3M | 0.04% |
305,900
-500,000
| -62% | -$40.8M |
|
700
Ameriprise Financial
AMP
$49.6B
| $27.2M | 0.04% |
160,718
+43,465
| +37% | +$6.96M |
|
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.