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 |
Keurig Dr Pepper
KDP
|
+$870M |
| 2 |
Amazon
AMZN
|
+$319M |
| 3 |
Automatic Data Processing
ADP
|
+$216M |
| 4 |
Evergy
EVRG
|
+$214M |
| 5 |
Chevron
CVX
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$296M |
| 2 |
Mondelez International
MDLZ
|
+$235M |
| 3 |
Abbott
ABT
|
+$229M |
| 4 |
Lam Research
LRCX
|
+$189M |
| 5 |
American International
AIG
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.97% |
| 2 | Technology | 12.66% |
| 3 | Healthcare | 12.25% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Industrials | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
STOR
701
DELISTED
STORE Capital Corporation
STOR
| $26.7M | 0.03% |
973,228
+829,409
| +577% | +$21.5M |
|
702
Varonis Systems
VRNS
$4.72B
| $26.7M | 0.03% |
1,073,454
-1,970,886
| -65% | -$47.3M |
|
|
KANG
703
DELISTED
iKang Healthcare Group, Inc.
KANG
| $26.6M | 0.03% |
1,298,279
+1,002,461
| +339% | +$20.2M |
|
|
ADSW
704
DELISTED
Advanced Disposal Services Inc
ADSW
| $26.5M | 0.03% |
1,070,212
+456,484
| +74% | +$10.6M |
|
705
MDU Resources
MDU
$4.2B
| $26.5M | 0.03% |
2,426,051
+410,155
| +20% | +$4.38M |
|
706
Highwoods Properties
HIW
$3.5B
| $26.4M | 0.03% |
520,055
-1,511,959
| -74% | -$69.7M |
|
707
CALL
United States Oil Fund
USO
$2.07B
| $26.4M | 0.03% |
+218,750
| New | +$24M |
|
|
DCT
708
DELISTED
DCT Industrial Trust Inc.
DCT
| $26.4M | 0.03% |
394,926
+370,946
| +1,547% | +$23.3M |
|
709
PUT
First Solar
FSLR
$22.4B
| $26.3M | 0.03% |
+500,000
| New | +$32.7M |
|
710
CALL
Intuitive Surgical
ISRG
$132B
| $26.3M | 0.03% |
165,000
| – | – |
|
711
CALL
Walt Disney
DIS
$191B
| $26.2M | 0.03% |
+250,000
| New | +$25.6M |
|
|
CONE
712
DELISTED
CyrusOne Inc Common Stock
CONE
| $26.1M | 0.03% |
+447,973
| New | +$24.3M |
|
713
BJ's Restaurants
BJRI
$1.43B
| $26.1M | 0.03% |
435,664
-387,567
| -47% | -$20.8M |
|
714
Westlake Corp
WLK
$9.78B
| $26.1M | 0.03% |
242,554
+18,107
| +8% | +$2.03M |
|
715
Cooper-Standard Automotive
CPS
$471M
| $26.1M | 0.03% |
199,428
-62,032
| -24% | -$8.03M |
|
|
BPFH
716
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $26.1M | 0.03% |
1,638,388
-121,572
| -7% | -$2M |
|
717
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $25.9M | 0.03% |
975,104
+513,960
| +111% | +$14.2M |
|
718
PUT
Colgate-Palmolive
CL
$73.8B
| $25.9M | 0.03% |
+400,000
| New | +$26.2M |
|
719
Performance Food Group
PFGC
$16.6B
| $25.9M | 0.03% |
705,332
+472,273
| +203% | +$16M |
|
|
IVC
720
DELISTED
Invacare Corporation
IVC
| $25.9M | 0.03% |
1,389,830
-65,916
| -5% | -$1.19M |
|
721
Four Corners Property Trust
FCPT
$2.8B
| $25.8M | 0.03% |
1,048,867
+392,131
| +60% | +$8.98M |
|
|
CMD
722
DELISTED
Cantel Medical Corporation
CMD
| $25.8M | 0.03% |
262,561
+242,367
| +1,200% | +$27.1M |
|
|
723
Bank of America
BAC
$436B
| $25.8M | 0.03% |
913,717
-9,919,958
| -92% | -$296M |
|
|
WBS
724
DELISTED
Webster Financial
WBS
| $25.6M | 0.03% |
402,488
+221,008
| +122% | +$13.8M |
|
725
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $25.6M | 0.03% |
+357,558
| New | +$26.5M |
|
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Israel Englander's Q2 2018 Portfolio in Review
As of Q2 2018, Israel Englander held 4,494 positions worth $76.7B, up 2.3% from $74.9B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.
Israel Englander's Q2 2018 filing shows 911 new, 1,261 increased, 1,542 reduced and 746 closed positions. Its largest new stake was Evergy: 3,989,462 shares worth $224M. The largest sale was Bank of America, an estimated $296M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
- Israel Englander's largest Q2 2018 buy was Evergy: 3,989,462 shares worth $224M.
- Israel Englander added most to Keurig Dr Pepper in Q2 2018, an estimated $870M increase.
- Israel Englander's biggest Q2 2018 reduction was Bank of America, cutting an estimated $296M.
- Israel Englander fully exited American International in Q2 2018, selling an estimated $170M.
- Israel Englander's ten largest holdings make up 7.3% of its $76.7B portfolio in Q2 2018.
- Israel Englander opened 911 new positions and closed 746 in Q2 2018.
- Israel Englander's portfolio value rose 2.3% quarter-over-quarter to $76.7B.
Based on Millennium Management's 13F filing for Q2 2018, filed 14 Aug 2018.