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 | |
|---|---|---|---|---|---|---|
726
Welltower
WELL
$173B
| $26.5M | 0.04% |
+415,694
| New | +$27.9M |
|
727
Fair Isaac
FICO
$25.2B
| $26.4M | 0.04% |
172,561
+106,443
| +161% | +$16.1M |
|
728
Navient
NAVI
$888M
| $26.4M | 0.04% |
1,980,886
+1,040,442
| +111% | +$13.1M |
|
729
CALL
Coherent
COHR
$53.9B
| $26.3M | 0.04% |
+561,100
| New | +$25.2M |
|
|
MCHB
730
Mechanics Bancorp
MCHB
$3.58B
| $26.3M | 0.04% |
909,109
+98,887
| +12% | +$2.87M |
|
731
Brady Corp
BRC
$4.45B
| $26.2M | 0.04% |
691,923
-36,882
| -5% | -$1.42M |
|
732
American Water Works
AWK
$27.8B
| $26.2M | 0.04% |
286,625
+235,001
| +455% | +$20.8M |
|
|
GWPH
733
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $26.2M | 0.04% |
198,425
+170,792
| +618% | +$20.1M |
|
|
MRSH
734
Marsh
MRSH
$92.9B
| $26.2M | 0.04% |
321,454
+204,949
| +176% | +$17M |
|
|
LSXMK
735
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $26.1M | 0.04% |
864,234
-110,959
| -11% | -$3.52M |
|
736
Antero Resources
AR
$11.7B
| $26M | 0.04% |
1,370,155
+190,333
| +16% | +$3.65M |
|
737
Puma Biotechnology
PBYI
$471M
| $26M | 0.04% |
263,204
-206,769
| -44% | -$23.1M |
|
738
Hope Bancorp
HOPE
$1.78B
| $26M | 0.04% |
1,425,041
-586,067
| -29% | -$10.6M |
|
739
SITE Centers
SITC
$161M
| $25.9M | 0.04% |
2,241,546
+1,133,478
| +102% | +$12.1M |
|
740
Eastman Chemical
EMN
$8.31B
| $25.8M | 0.04% |
278,792
-276,397
| -50% | -$25.1M |
|
|
IPCC
741
DELISTED
Infinity Property & Casualty C
IPCC
| $25.8M | 0.04% |
243,377
+228,709
| +1,559% | +$23.2M |
|
742
Madison Square Garden
MSGS
$9.69B
| $25.8M | 0.04% |
171,509
-336,633
| -66% | -$52M |
|
743
Valero Energy
VLO
$99.6B
| $25.7M | 0.04% |
280,122
-295,061
| -51% | -$24.3M |
|
744
Acco Brands
ACCO
$387M
| $25.7M | 0.04% |
2,104,751
+1,841,491
| +699% | +$23.7M |
|
745
Canadian National Railway
CNI
$77.1B
| $25.7M | 0.04% |
311,201
-128,173
| -29% | -$10.3M |
|
|
UFS
746
CALL
DELISTED
DOMTAR CORPORATION (New)
UFS
| $25.6M | 0.04% |
517,500
+17,500
| +4% | +$814K |
|
747
Texas Roadhouse
TXRH
$13.5B
| $25.6M | 0.04% |
485,861
-168,117
| -26% | -$8.5M |
|
|
ESPR
748
DELISTED
Esperion Therapeutics
ESPR
| $25.5M | 0.04% |
387,947
+354,580
| +1,063% | +$19.1M |
|
749
Rogers Communications
RCI
$19.7B
| $25.5M | 0.04% |
501,465
+354,846
| +242% | +$18.5M |
|
750
Globant
GLOB
$1.71B
| $25.5M | 0.04% |
549,633
+304,457
| +124% | +$12.2M |
|
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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.