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 | |
|---|---|---|---|---|---|---|
751
Banner Corp
BANR
$2.41B
| $25.5M | 0.04% |
462,513
+327,377
| +242% | +$19M |
|
752
Regal Rexnord
RRX
$10.8B
| $25.5M | 0.04% |
332,729
+56,475
| +20% | +$4.39M |
|
|
STI
753
DELISTED
SunTrust Banks, Inc.
STI
| $25.5M | 0.04% |
394,353
-691,625
| -64% | -$42.2M |
|
754
Rambus
RMBS
$9.44B
| $25.4M | 0.04% |
1,785,638
+225,529
| +14% | +$3.24M |
|
|
LPT
755
DELISTED
Liberty Property Trust
LPT
| $25.3M | 0.03% |
588,645
-202,307
| -26% | -$8.78M |
|
756
ArcelorMittal
MT
$54.8B
| $25.3M | 0.03% |
782,879
+315,023
| +67% | +$9.33M |
|
|
QUOT
757
DELISTED
Quotient Technology Inc
QUOT
| $25.3M | 0.03% |
2,151,087
+1,750,384
| +437% | +$24.3M |
|
|
TSRO
758
DELISTED
TESARO, Inc.
TSRO
| $25.2M | 0.03% |
304,549
+183,552
| +152% | +$18M |
|
|
BDN
759
Brandywine Realty Trust
BDN
$548M
| $25.2M | 0.03% |
1,383,001
-377,407
| -21% | -$6.68M |
|
760
QuidelOrtho
QDEL
$994M
| $25.1M | 0.03% |
579,709
+556,283
| +2,375% | +$22.7M |
|
|
GBNK
761
DELISTED
Guaranty Bancorp
GBNK
| $25.1M | 0.03% |
908,343
+287,084
| +46% | +$8.16M |
|
|
DERM
762
DELISTED
Dermira, Inc.
DERM
| $25.1M | 0.03% |
+901,981
| New | +$23.9M |
|
763
APA Corp
APA
$15.1B
| $25M | 0.03% |
+592,227
| New | +$24.9M |
|
|
TLRD
764
DELISTED
Tailored Brands, Inc.
TLRD
| $24.9M | 0.03% |
1,139,210
-464,757
| -29% | -$7.8M |
|
|
WNS
765
DELISTED
WNS Holdings
WNS
| $24.9M | 0.03% |
619,411
+289,195
| +88% | +$11.4M |
|
766
Wendy's
WEN
$1.69B
| $24.8M | 0.03% |
1,510,103
-481,949
| -24% | -$7.32M |
|
767
Nordson
NDSN
$18.6B
| $24.7M | 0.03% |
168,867
-60,703
| -26% | -$7.8M |
|
|
GOLD
768
DELISTED
Randgold Resources Ltd
GOLD
| $24.7M | 0.03% |
249,549
+46,708
| +23% | +$4.44M |
|
769
Pacira BioSciences
PCRX
$991M
| $24.6M | 0.03% |
+539,849
| New | +$21.4M |
|
770
Telephone and Data Systems
TDS
$3.81B
| $24.6M | 0.03% |
885,840
+608,863
| +220% | +$16.7M |
|
771
Crocs
CROX
$6.03B
| $24.6M | 0.03% |
1,947,358
+1,110,317
| +133% | +$11.9M |
|
772
Simply Good Foods
SMPL
$970M
| $24.6M | 0.03% |
1,722,519
-619,678
| -26% | -$7.77M |
|
773
Norfolk Southern
NSC
$79.3B
| $24.5M | 0.03% |
169,216
-381,224
| -69% | -$51.2M |
|
774
Microchip Technology
MCHP
$40.3B
| $24.5M | 0.03% |
557,302
-1,108,546
| -67% | -$50.1M |
|
775
Eagle Bancorp
EGBN
$857M
| $24.4M | 0.03% |
421,467
+331,328
| +368% | +$21.2M |
|
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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.