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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
Encore Capital Group
ECPG
$2.19B
| $24.5M | 0.03% |
542,257
+228,145
| +73% | +$9.76M |
|
|
MRSH
777
Marsh
MRSH
$92.9B
| $24.5M | 0.03% |
296,284
-25,170
| -8% | -$2.09M |
|
778
Employers Holdings
EIG
$883M
| $24.3M | 0.03% |
600,492
+394,784
| +192% | +$16.4M |
|
779
MetLife
MET
$61.1B
| $24.1M | 0.03% |
525,190
+261,256
| +99% | +$12.7M |
|
780
Incyte
INCY
$25.9B
| $24.1M | 0.03% |
288,825
-74,112
| -20% | -$6.68M |
|
|
ESIO
781
DELISTED
Electro Scientific Industries
ESIO
| $24.1M | 0.03% |
1,244,781
-66,482
| -5% | -$1.34M |
|
782
Choice Hotels
CHH
$5B
| $24M | 0.03% |
299,630
+60,814
| +25% | +$4.9M |
|
783
Insulet
PODD
$10.1B
| $23.9M | 0.03% |
275,501
-666,066
| -71% | -$51.7M |
|
784
Helix Energy Solutions
HLX
$1.47B
| $23.7M | 0.03% |
4,085,738
-683,029
| -14% | -$4.79M |
|
785
Kinross Gold
KGC
$39.1B
| $23.6M | 0.03% |
5,965,440
-266,543
| -4% | -$1.06M |
|
|
PF
786
CALL
DELISTED
Pinnacle Foods, Inc.
PF
| $23.5M | 0.03% |
435,000
+400,000
| +1,143% | +$23.1M |
|
787
RH
RH
$2.71B
| $23.5M | 0.03% |
246,328
+76,343
| +45% | +$6.77M |
|
|
AZUL
788
DELISTED
Azul
AZUL
| $23.4M | 0.03% |
672,972
-57,596
| -8% | -$1.69M |
|
789
CALL
Deere & Co
DE
$175B
| $23.3M | 0.03% |
+150,000
| New | +$24.3M |
|
790
Ingredion
INGR
$6.69B
| $23.3M | 0.03% |
180,606
+157,144
| +670% | +$21M |
|
791
World Kinect Corp
WKC
$1.82B
| $23.2M | 0.03% |
946,510
+824,246
| +674% | +$21.2M |
|
792
ExxonMobil
XOM
$675B
| $23.2M | 0.03% |
310,374
-715,475
| -70% | -$57.2M |
|
793
IMAX
IMAX
$3B
| $23M | 0.03% |
1,198,844
-180,954
| -13% | -$3.76M |
|
|
ARGO
794
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $22.8M | 0.03% |
398,074
+195,983
| +97% | +$10.6M |
|
795
Wendy's
WEN
$1.69B
| $22.8M | 0.03% |
1,300,602
-209,501
| -14% | -$3.48M |
|
796
Allison Transmission
ALSN
$10.8B
| $22.8M | 0.03% |
583,405
-1,043,193
| -64% | -$43.3M |
|
797
PUT
iShares Russell 2000 ETF
IWM
$81.4B
| $22.8M | 0.03% |
150,000
-286,400
| -66% | -$44.2M |
|
798
CALL
Intuitive Surgical
ISRG
$132B
| $22.7M | 0.03% |
165,000
+18,000
| +12% | +$2.51M |
|
|
XEC
799
DELISTED
CIMAREX ENERGY CO
XEC
| $22.7M | 0.03% |
242,849
-23,400
| -9% | -$2.49M |
|
800
UFP Industries
UFPI
$4.92B
| $22.7M | 0.03% |
698,051
+52,494
| +8% | +$1.86M |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.