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 | |
|---|---|---|---|---|---|---|
|
CLR
801
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $22.6M | 0.03% |
383,506
-1,203,624
| -76% | -$64.9M |
|
802
MacroGenics
MGNX
$256M
| $22.6M | 0.03% |
897,982
+415,681
| +86% | +$10.1M |
|
|
RPAI
803
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $22.6M | 0.03% |
1,937,525
-1,484,372
| -43% | -$17.9M |
|
|
SRCI
804
DELISTED
SRC Energy Inc
SRCI
| $22.5M | 0.03% |
2,387,105
-4,444,299
| -65% | -$40.6M |
|
805
Monster Beverage
MNST
$95.8B
| $22.4M | 0.03% |
1,563,692
-428,416
| -22% | -$6.69M |
|
|
PAY
806
DELISTED
Verifone Systems Inc
PAY
| $22.4M | 0.03% |
1,453,391
-1,581,269
| -52% | -$27.6M |
|
|
TFCFA
807
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $22.3M | 0.03% |
607,868
-424,586
| -41% | -$15.7M |
|
|
SEM
808
DELISTED
Select Medical
SEM
| $22.3M | 0.03% |
2,398,670
+355,823
| +17% | +$3.39M |
|
809
Okta
OKTA
$22.8B
| $22.3M | 0.03% |
559,096
+122,603
| +28% | +$4.09M |
|
810
Granite Construction
GVA
$5.47B
| $22.3M | 0.03% |
398,817
-101,208
| -20% | -$6.24M |
|
|
FIT
811
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $22.3M | 0.03% |
4,365,885
+3,375,273
| +341% | +$18M |
|
812
NorthWestern Energy
NWE
$4.29B
| $22.2M | 0.03% |
413,496
+201,565
| +95% | +$10.7M |
|
813
Nomad Foods
NOMD
$1.69B
| $22.2M | 0.03% |
1,411,646
+166,458
| +13% | +$2.75M |
|
814
Cathay General Bancorp
CATY
$4.16B
| $22.2M | 0.03% |
555,303
+534,008
| +2,508% | +$22.8M |
|
815
Brady Corp
BRC
$4.45B
| $22.1M | 0.03% |
594,079
-97,844
| -14% | -$3.72M |
|
|
CZZ
816
DELISTED
Cosan Limited
CZZ
| $22M | 0.03% |
2,118,061
+192,606
| +10% | +$2.11M |
|
817
Iron Mountain
IRM
$36.1B
| $22M | 0.03% |
+669,395
| New | +$22.6M |
|
|
SGEN
818
DELISTED
Seagen Inc. Common Stock
SGEN
| $22M | 0.03% |
420,209
+85,288
| +25% | +$4.65M |
|
819
CareTrust REIT
CTRE
$9.37B
| $22M | 0.03% |
1,638,116
+566,859
| +53% | +$8.39M |
|
820
Sempra
SRE
$55.3B
| $21.9M | 0.03% |
394,140
+328,326
| +499% | +$17.7M |
|
|
NPKI
821
NPK International
NPKI
$1.12B
| $21.9M | 0.03% |
2,702,640
+32,044
| +1% | +$281K |
|
|
LMNX
822
DELISTED
Luminex Corp
LMNX
| $21.9M | 0.03% |
1,038,865
+98,190
| +10% | +$2.01M |
|
823
Canadian Natural Resources
CNQ
$104B
| $21.9M | 0.03% |
1,418,700
+1,103,546
| +350% | +$17.7M |
|
824
Yum! Brands
YUM
$42.9B
| $21.8M | 0.03% |
256,422
+28,278
| +12% | +$2.32M |
|
825
Arrow Electronics
ARW
$10.3B
| $21.8M | 0.03% |
283,286
+264,485
| +1,407% | +$21.5M |
|
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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.