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 | |
|---|---|---|---|---|---|---|
701
Ethan Allen Interiors
ETD
$592M
| $27.2M | 0.04% |
952,123
+360,049
| +61% | +$10.6M |
|
|
RDC
702
DELISTED
Rowan Companies Plc
RDC
| $27.2M | 0.04% |
1,737,951
+725,265
| +72% | +$10.2M |
|
703
Urban Edge Properties
UE
$2.73B
| $27.2M | 0.04% |
1,066,460
+755,004
| +242% | +$18.8M |
|
|
WWE
704
DELISTED
World Wrestling Entertainment
WWE
| $27.1M | 0.04% |
887,604
-53,925
| -6% | -$1.46M |
|
|
ARNA
705
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $27.1M | 0.04% |
798,789
-156,461
| -16% | -$4.46M |
|
706
Ambarella
AMBA
$3.07B
| $27.1M | 0.04% |
+461,750
| New | +$25.7M |
|
707
Rexford Industrial Realty
REXR
$8.4B
| $27.1M | 0.04% |
930,233
-204,093
| -18% | -$6.15M |
|
|
NTRI
708
DELISTED
NutriSystem, Inc.
NTRI
| $27.1M | 0.04% |
515,619
-73,732
| -13% | -$3.87M |
|
709
Kinross Gold
KGC
$39.1B
| $26.9M | 0.04% |
6,231,983
+3,210,558
| +106% | +$13.4M |
|
710
Warrior Met Coal
HCC
$5.63B
| $26.9M | 0.04% |
1,068,599
+553,771
| +108% | +$13.9M |
|
|
SHPG
711
DELISTED
Shire pic
SHPG
| $26.9M | 0.04% |
173,129
-226,855
| -57% | -$33.6M |
|
712
First Interstate BancSystem
FIBK
$3.55B
| $26.8M | 0.04% |
670,028
-85,261
| -11% | -$3.31M |
|
713
AT&T
T
$176B
| $26.8M | 0.04% |
913,437
+807,367
| +761% | +$22M |
|
714
Horace Mann Educators
HMN
$2.07B
| $26.8M | 0.04% |
607,893
+397,389
| +189% | +$17.3M |
|
|
HK
715
DELISTED
Halcon Resources Corporation
HK
| $26.8M | 0.04% |
3,539,778
-1,574,243
| -31% | -$10.8M |
|
|
BPFH
716
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $26.8M | 0.04% |
1,732,971
+119,188
| +7% | +$1.9M |
|
717
SBA Communications
SBAC
$19.6B
| $26.7M | 0.04% |
163,697
-65,716
| -29% | -$10.4M |
|
718
Kratos Defense & Security Solutions
KTOS
$9.96B
| $26.7M | 0.04% |
2,518,510
+149,055
| +6% | +$1.7M |
|
|
CADE
719
DELISTED
Cadence Bancorporation
CADE
| $26.7M | 0.04% |
982,804
+970,238
| +7,721% | +$23.4M |
|
720
Fidelity National Information Services
FIS
$21.4B
| $26.6M | 0.04% |
283,209
-1,142,506
| -80% | -$107M |
|
721
Chevron
CVX
$398B
| $26.6M | 0.04% |
212,779
+145,331
| +215% | +$17.2M |
|
|
MULE
722
DELISTED
MuleSoft, Inc.
MULE
| $26.6M | 0.04% |
1,144,809
+663,972
| +138% | +$15.1M |
|
723
Terex
TEX
$7.53B
| $26.6M | 0.04% |
551,612
+265,755
| +93% | +$12.2M |
|
724
Dolby
DLB
$6.19B
| $26.6M | 0.04% |
428,707
-300,765
| -41% | -$18.2M |
|
725
AbbVie
ABBV
$467B
| $26.5M | 0.04% |
274,230
-222,855
| -45% | -$21M |
|
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.