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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
CALL
Cleveland-Cliffs
CLF
$6.57B
| $13.9M | 0.02% |
1,810,400
| – | – |
|
927
Extreme Networks
EXTR
$2.95B
| $13.9M | 0.02% |
2,281,026
+1,189,409
| +109% | +$6.9M |
|
928
iShares Silver Trust
SLV
$33.5B
| $13.9M | 0.02% |
957,908
+892,245
| +1,359% | +$12.2M |
|
|
SAGE
929
CALL
DELISTED
Sage Therapeutics
SAGE
| $13.9M | 0.02% |
+145,100
| New | +$16.6M |
|
|
USCR
930
DELISTED
U S Concrete, Inc.
USCR
| $13.9M | 0.02% |
393,802
+209,199
| +113% | +$7.57M |
|
931
PUT
Murphy USA
MUSA
$10B
| $13.9M | 0.02% |
181,000
| – | – |
|
932
Invitation Homes
INVH
$17.9B
| $13.8M | 0.02% |
689,333
+63,819
| +10% | +$1.37M |
|
933
Canadian Solar
CSIQ
$970M
| $13.8M | 0.02% |
963,017
+934,739
| +3,306% | +$14.1M |
|
934
Chipotle Mexican Grill
CMG
$47.4B
| $13.8M | 0.02% |
1,593,500
-1,887,500
| -54% | -$17.1M |
|
935
Altria Group
MO
$114B
| $13.7M | 0.02% |
277,863
-749,590
| -73% | -$43.4M |
|
|
GCP
936
DELISTED
GCP Applied Technologies Inc.
GCP
| $13.7M | 0.02% |
558,663
-751,427
| -57% | -$19.3M |
|
937
Rayonier
RYN
$6.32B
| $13.7M | 0.02% |
544,426
-77,169
| -12% | -$2.14M |
|
938
Franco-Nevada
FNV
$52.4B
| $13.6M | 0.02% |
+194,233
| New | +$13M |
|
939
Atlassian
TEAM
$42.1B
| $13.6M | 0.02% |
153,031
-33,897
| -18% | -$2.69M |
|
940
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $13.6M | 0.02% |
+514,200
| New | +$14M |
|
941
Walt Disney
DIS
$192B
| $13.6M | 0.02% |
124,001
-881,444
| -88% | -$100M |
|
942
Trex
TREX
$4.77B
| $13.5M | 0.02% |
+454,914
| New | +$14.2M |
|
|
STR
943
DELISTED
Sitio Royalties
STR
| $13.5M | 0.02% |
395,856
-73,621
| -16% | -$2.62M |
|
944
Usana Health Sciences
USNA
$255M
| $13.4M | 0.02% |
113,953
-44,775
| -28% | -$5.18M |
|
945
Zurn Elkay Water Solutions
ZWS
$8.1B
| $13.4M | 0.02% |
1,212,154
+462,787
| +62% | +$6M |
|
|
BLUE
946
DELISTED
bluebird bio
BLUE
| $13.4M | 0.02% |
10,421
+4,405
| +73% | +$6.76M |
|
|
NSA
947
DELISTED
National Storage Affiliates Trust
NSA
| $13.4M | 0.02% |
505,434
+81,264
| +19% | +$2.18M |
|
948
Waters Corp
WAT
$40.7B
| $13.4M | 0.02% |
70,833
+45,375
| +178% | +$8.62M |
|
|
EBIX
949
DELISTED
Ebix Inc
EBIX
| $13.4M | 0.02% |
313,962
+307,112
| +4,483% | +$16.4M |
|
950
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.72B
| $13.3M | 0.02% |
+125,800
| New | +$17.6M |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.