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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Financials | 12.22% |
| 3 | Technology | 12.2% |
| 4 | Industrials | 9.84% |
| 5 | Consumer Discretionary | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ERF
801
DELISTED
Enerplus Corporation
ERF
| $15.5M | 0.03% |
1,910,448
-112,982
| -6% | -$891K |
|
802
Astec Industries
ASTE
$1B
| $15.5M | 0.03% |
278,908
+114,983
| +70% | +$6.77M |
|
803
Trimble
TRMB
$14.1B
| $15.4M | 0.03% |
432,536
+181,499
| +72% | +$6.3M |
|
|
DFT
804
DELISTED
DuPont Fabros Technology Inc.
DFT
| $15.4M | 0.03% |
252,262
-113,076
| -31% | -$6.21M |
|
|
AJRD
805
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $15.4M | 0.03% |
741,506
-145,179
| -16% | -$3.12M |
|
|
CBIO
806
Crescent Biopharma
CBIO
$630M
| $15.4M | 0.03% |
13,769
+13,331
| +3,044% | +$11M |
|
807
DNOW Inc
DNOW
$2.8B
| $15.3M | 0.03% |
954,526
-30,361
| -3% | -$517K |
|
|
MGLN
808
DELISTED
Magellan Health Services, Inc.
MGLN
| $15.3M | 0.03% |
210,243
+845
| +0.4% | +$59.4K |
|
|
GOOS
809
Canada Goose Holdings
GOOS
$809M
| $15.3M | 0.03% |
774,716
+466,385
| +151% | +$8.64M |
|
810
Extreme Networks
EXTR
$2.92B
| $15.2M | 0.03% |
1,647,812
-241,705
| -13% | -$2.14M |
|
|
WFT
811
DELISTED
Weatherford International plc
WFT
| $15.2M | 0.03% |
3,923,891
+180,938
| +5% | +$920K |
|
812
Centene
CNC
$32.4B
| $15.2M | 0.03% |
379,720
-1,387,856
| -79% | -$52.4M |
|
813
Valley National Bancorp
VLY
$7.79B
| $15.2M | 0.03% |
1,283,096
-303,566
| -19% | -$3.55M |
|
814
CALL
Olin
OLN
$2B
| $15.1M | 0.03% |
500,000
+450,000
| +900% | +$13.8M |
|
815
Banco Bradesco
BBD
$34.3B
| $15.1M | 0.03% |
3,128,572
+2,996,289
| +2,265% | +$15.2M |
|
816
PUT
Meta Platforms (Facebook)
META
$1.42T
| $15.1M | 0.03% |
+100,000
| New | +$14.9M |
|
|
CVGW
817
DELISTED
Calavo Growers
CVGW
| $15.1M | 0.03% |
218,458
+44,037
| +25% | +$2.96M |
|
|
FNSR
818
DELISTED
Finisar Corp
FNSR
| $15M | 0.03% |
579,067
+313,430
| +118% | +$7.81M |
|
819
Molina Healthcare
MOH
$10.4B
| $15M | 0.03% |
217,361
+38,331
| +21% | +$2.35M |
|
820
SLM Corp
SLM
$4.95B
| $15M | 0.03% |
1,306,145
+1,265,827
| +3,140% | +$14.4M |
|
821
Valmont Industries
VMI
$9.29B
| $15M | 0.03% |
100,260
-58,779
| -37% | -$8.84M |
|
822
Hilltop Holdings
HTH
$2.22B
| $15M | 0.03% |
571,561
+4,070
| +0.7% | +$108K |
|
823
Azenta
AZTA
$1.44B
| $15M | 0.03% |
690,647
-21,717
| -3% | -$550K |
|
824
Fossil Group
FOSL
$329M
| $15M | 0.03% |
1,444,620
+338,541
| +31% | +$4.58M |
|
|
CAA
825
DELISTED
CalAtlantic Group, Inc.
CAA
| $14.9M | 0.03% |
421,816
+415,446
| +6,522% | +$15.1M |
|
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Israel Englander's Q2 2017 Portfolio in Review
As of Q2 2017, Israel Englander held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Israel Englander's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Israel Englander added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Israel Englander's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Israel Englander fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Israel Englander's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Israel Englander opened 803 new positions and closed 840 in Q2 2017.
- Israel Englander's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.