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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 2 |
Abbott
ABT
|
+$259M |
| 3 |
AutoZone
AZO
|
+$204M |
| 4 |
AABA
Altaba Inc
AABA
|
+$186M |
| 5 |
D.R. Horton
DHI
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$215M |
| 2 |
Public Service Enterprise Group
PEG
|
+$211M |
| 3 |
Applied Materials
AMAT
|
+$203M |
| 4 |
Intuitive Surgical
ISRG
|
+$194M |
| 5 |
ConocoPhillips
COP
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.49% |
| 2 | Technology | 12.13% |
| 3 | Healthcare | 11.89% |
| 4 | Consumer Discretionary | 11.58% |
| 5 | Industrials | 10.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Standex International
SXI
$3.67B
| $18.3M | 0.03% |
180,011
+175,941
| +4,323% | +$18.1M |
|
952
Mercer International
MERC
$26.9M
| $18.3M | 0.03% |
1,281,724
+334,550
| +35% | +$4.59M |
|
953
Aecom
ACM
$8.36B
| $18.3M | 0.03% |
492,814
-91,463
| -16% | -$3.33M |
|
954
Banco Macro
BMA
$4.9B
| $18.2M | 0.03% |
+157,273
| New | +$18.4M |
|
955
BioCryst Pharmaceuticals
BCRX
$2.47B
| $18.2M | 0.03% |
3,709,542
-46,623
| -1% | -$226K |
|
956
Essent Group
ESNT
$6.15B
| $18.2M | 0.03% |
418,763
-64,395
| -13% | -$2.81M |
|
957
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $18.1M | 0.03% |
52,508
+17,290
| +49% | +$5.83M |
|
|
UCTT
958
Ultra Clean Holdings
UCTT
$3.3B
| $18.1M | 0.03% |
785,449
+727,540
| +1,256% | +$18.6M |
|
959
Veeva Systems
VEEV
$40.4B
| $18.1M | 0.03% |
327,903
-488,354
| -60% | -$28.8M |
|
|
TEN
960
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $18.1M | 0.03% |
309,305
-41,594
| -12% | -$2.46M |
|
961
BWX Technologies
BWXT
$13.7B
| $18.1M | 0.02% |
298,674
+240,375
| +412% | +$14.5M |
|
|
EXPR
962
DELISTED
Express, Inc.
EXPR
| $18M | 0.02% |
88,775
+61,199
| +222% | +$10M |
|
963
Kearny Financial
KRNY
$638M
| $18M | 0.02% |
1,246,611
+873,526
| +234% | +$13M |
|
|
CSOD
964
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $18M | 0.02% |
509,737
+356,032
| +232% | +$13.3M |
|
|
NSA
965
DELISTED
National Storage Affiliates Trust
NSA
| $18M | 0.02% |
+660,583
| New | +$17M |
|
966
AnaptysBio
ANAB
$1.73B
| $18M | 0.02% |
178,775
-147,117
| -45% | -$10.8M |
|
967
PUT
PepsiCo
PEP
$197B
| $18M | 0.02% |
+150,000
| New | +$17.1M |
|
968
CareTrust REIT
CTRE
$9.37B
| $18M | 0.02% |
1,071,257
+897,579
| +517% | +$16.6M |
|
|
VRNT
969
DELISTED
Verint Systems
VRNT
| $17.9M | 0.02% |
841,941
+256,335
| +44% | +$5.52M |
|
970
MDU Resources
MDU
$4.2B
| $17.9M | 0.02% |
1,755,824
+1,593,053
| +979% | +$16.3M |
|
971
InterDigital
IDCC
$8.8B
| $17.9M | 0.02% |
235,557
-39,755
| -14% | -$2.97M |
|
972
Sanmina
SANM
$9.94B
| $17.9M | 0.02% |
543,568
+538,115
| +9,868% | +$18.8M |
|
|
SGEN
973
DELISTED
Seagen Inc. Common Stock
SGEN
| $17.9M | 0.02% |
334,921
+298,395
| +817% | +$17.4M |
|
|
NVO
974
Novo Nordisk
NVO
$207B
| $17.9M | 0.02% |
667,298
+505,688
| +313% | +$12.9M |
|
|
975
CALL
Intuitive Surgical
ISRG
$132B
| $17.9M | 0.02% |
147,000
+12,000
| +9% | +$1.5M |
|
Similar funds
Israel Englander's Q4 2017 Portfolio in Review
As of Q4 2017, Israel Englander held 4,357 positions worth $72.5B, up 10% from $65.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander deployed $3.05B of net new capital in Q4 2017, opening 897 new positions and adding to 1,473 existing holdings. Its largest new stake was Viatris: 2,905,317 shares worth $123M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Honeywell, an estimated $215M trimmed.
- Israel Englander's largest Q4 2017 buy was Viatris: 2,905,317 shares worth $123M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $593M increase.
- Israel Englander's biggest Q4 2017 reduction was Honeywell, cutting an estimated $215M.
- Israel Englander fully exited Paychex in Q4 2017, selling an estimated $66.4M.
- Israel Englander's ten largest holdings make up 6.7% of its $72.5B portfolio in Q4 2017.
- Israel Englander opened 897 new positions and closed 601 in Q4 2017.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $72.5B.
Based on Millennium Management's 13F filing for Q4 2017, filed 14 Feb 2018.