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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
Avnet
AVT
$7.08B
| $22.3M | 0.03% |
566,605
-74,076
| -12% | -$2.84M |
|
727
Evertec
EVTC
$1.77B
| $22.3M | 0.03% |
1,404,732
+744,254
| +113% | +$13.3M |
|
728
Genpact
G
$6.32B
| $22.2M | 0.03% |
772,098
+608,743
| +373% | +$17.3M |
|
|
WWE
729
DELISTED
World Wrestling Entertainment
WWE
| $22.2M | 0.03% |
+941,529
| New | +$20.2M |
|
730
BJ's Restaurants
BJRI
$1.43B
| $22.1M | 0.03% |
726,701
-168,413
| -19% | -$5.46M |
|
731
Baidu
BIDU
$31.3B
| $22.1M | 0.03% |
89,331
+83,134
| +1,342% | +$18.1M |
|
|
MASI
732
DELISTED
Masimo
MASI
| $22.1M | 0.03% |
255,602
+242,547
| +1,858% | +$21.4M |
|
|
HAPN
733
Happen Inc
HAPN
$2.11B
| $22.1M | 0.03% |
726,016
+566,212
| +354% | +$16.3M |
|
734
Advanced Energy
AEIS
$11B
| $22.1M | 0.03% |
273,716
+57,972
| +27% | +$4.2M |
|
735
Principal Financial Group
PFG
$24B
| $22.1M | 0.03% |
343,357
+191,478
| +126% | +$12.3M |
|
|
UCB
736
United Community Banks
UCB
$4.27B
| $22.1M | 0.03% |
773,792
+520,327
| +205% | +$14.1M |
|
737
Valmont Industries
VMI
$9.29B
| $22M | 0.03% |
139,437
+39,177
| +39% | +$5.9M |
|
|
NEWR
738
DELISTED
New Relic, Inc.
NEWR
| $22M | 0.03% |
442,149
+110,411
| +33% | +$5.21M |
|
739
Varex Imaging
VREX
$781M
| $22M | 0.03% |
650,310
-496,678
| -43% | -$15.5M |
|
740
Mueller Water Products
MWA
$3.93B
| $22M | 0.03% |
+1,718,367
| New | +$20.4M |
|
|
CDK
741
DELISTED
CDK Global, Inc.
CDK
| $22M | 0.03% |
348,141
-181,767
| -34% | -$11.4M |
|
|
MCHB
742
Mechanics Bancorp
MCHB
$3.58B
| $21.9M | 0.03% |
810,222
+659,184
| +436% | +$17.2M |
|
|
VCRA
743
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $21.9M | 0.03% |
697,222
-43,401
| -6% | -$1.2M |
|
744
Regal Rexnord
RRX
$10.8B
| $21.8M | 0.03% |
276,254
+232,030
| +525% | +$18.5M |
|
|
ITCI
745
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $21.8M | 0.03% |
+1,382,964
| New | +$20.3M |
|
746
CALL
Nexstar Media Group
NXST
$5.74B
| $21.8M | 0.03% |
+350,000
| New | +$21.6M |
|
|
WRI
747
DELISTED
Weingarten Realty Investors
WRI
| $21.8M | 0.03% |
686,512
+395,522
| +136% | +$12.6M |
|
748
KBR
KBR
$4.75B
| $21.7M | 0.03% |
+1,215,477
| New | +$19.7M |
|
749
KB Home
KBH
$3.41B
| $21.7M | 0.03% |
+900,505
| New | +$20.3M |
|
|
UFS
750
CALL
DELISTED
DOMTAR CORPORATION (New)
UFS
| $21.7M | 0.03% |
500,000
+450,000
| +900% | +$17.9M |
|
Similar funds
Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.