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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
EA
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.09% |
| 2 | Financials | 12.89% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.65% |
| 5 | Industrials | 9.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
Silicon Motion
SIMO
$8.25B
| $19.7M | 0.02% |
366,233
+57,579
| +19% | +$3.19M |
|
|
NXRT
852
NexPoint Residential Trust
NXRT
$631M
| $19.6M | 0.02% |
591,354
-81,103
| -12% | -$2.51M |
|
|
SUM
853
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $19.6M | 0.02% |
1,097,751
+934,542
| +573% | +$20.3M |
|
854
Quest Diagnostics
DGX
$26.9B
| $19.6M | 0.02% |
181,597
-164,671
| -48% | -$18.1M |
|
855
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $19.6M | 0.02% |
170,405
-1,051,523
| -86% | -$121M |
|
|
AJRD
856
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $19.5M | 0.02% |
574,676
+310,663
| +118% | +$10.4M |
|
857
CALL
Vertex Pharmaceuticals
VRTX
$139B
| $19.5M | 0.02% |
101,000
-49,000
| -33% | -$8.73M |
|
858
Park Hotels & Resorts
PK
$3.19B
| $19.4M | 0.02% |
592,365
+293,472
| +98% | +$9.47M |
|
859
Southern Copper
SCCO
$181B
| $19.4M | 0.02% |
490,580
+122,889
| +33% | +$4.99M |
|
860
PBF Energy
PBF
$8.24B
| $19.3M | 0.02% |
387,370
-684,615
| -64% | -$32.5M |
|
861
Ingredion
INGR
$6.69B
| $19.3M | 0.02% |
184,036
-166,565
| -48% | -$17M |
|
862
Watsco Inc
WSO
$12.8B
| $19.3M | 0.02% |
+108,398
| New | +$19.2M |
|
863
PUT
GE Aerospace
GE
$355B
| $19.3M | 0.02% |
356,249
+104,331
| +41% | +$6.43M |
|
864
Jazz Pharmaceuticals
JAZZ
$16.5B
| $19.2M | 0.02% |
+114,399
| New | +$19.7M |
|
|
FOCS
865
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $19.2M | 0.02% |
+405,152
| New | +$17.3M |
|
866
Cheniere Energy
LNG
$58B
| $19.2M | 0.02% |
276,349
-2,153,347
| -89% | -$139M |
|
867
CALL
Omnicom Group
OMC
$24.4B
| $19.2M | 0.02% |
282,100
-517,900
| -65% | -$36.3M |
|
|
FBC
868
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $19.2M | 0.02% |
609,389
-234,409
| -28% | -$7.83M |
|
869
Usana Health Sciences
USNA
$251M
| $19.1M | 0.02% |
158,728
-28,246
| -15% | -$3.51M |
|
870
Rayonier
RYN
$6.31B
| $19.1M | 0.02% |
621,595
+151,349
| +32% | +$4.85M |
|
871
Penumbra
PEN
$12.8B
| $19M | 0.02% |
127,084
-247,986
| -66% | -$34.7M |
|
|
XYZ
872
Block Inc
XYZ
$48.9B
| $18.9M | 0.02% |
+190,607
| New | +$14.7M |
|
873
Arista Networks
ANET
$237B
| $18.9M | 0.02% |
1,135,248
+376,400
| +50% | +$6.41M |
|
|
CTLT
874
DELISTED
CATALENT, INC.
CTLT
| $18.8M | 0.02% |
412,890
-787,377
| -66% | -$33.3M |
|
|
HOUS
875
DELISTED
Anywhere Real Estate
HOUS
| $18.8M | 0.02% |
910,908
+678,436
| +292% | +$14.8M |
|
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Israel Englander's Q3 2018 Portfolio in Review
As of Q3 2018, Israel Englander held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Israel Englander's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Financials and Healthcare.
- Israel Englander's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Israel Englander added most to Andeavor in Q3 2018, an estimated $1B increase.
- Israel Englander's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Israel Englander fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Israel Englander's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Israel Englander opened 841 new positions and closed 748 in Q3 2018.
- Israel Englander's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.