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 | |
|---|---|---|---|---|---|---|
976
OSI Systems
OSIS
$3.25B
| $11.5M | 0.02% |
+152,534
| New | +$11.5M |
|
|
STRP
977
PUT
DELISTED
Straight Path Communications Inc.
STRP
| $11.5M | 0.02% |
+63,800
| New | +$9.73M |
|
978
PUT
Ameriprise Financial
AMP
$49.6B
| $11.5M | 0.02% |
+90,000
| New | +$11.4M |
|
979
Evertec
EVTC
$1.77B
| $11.4M | 0.02% |
660,478
+400,378
| +154% | +$6.55M |
|
980
Ambev
ABEV
$45B
| $11.4M | 0.02% |
2,078,840
+1,730,873
| +497% | +$9.87M |
|
981
Lexicon Pharmaceuticals
LXRX
$1.03B
| $11.4M | 0.02% |
692,835
+507,990
| +275% | +$7.87M |
|
|
SNBR
982
DELISTED
Sleep Number
SNBR
| $11.4M | 0.02% |
320,607
+85,126
| +36% | +$2.55M |
|
983
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $11.4M | 0.02% |
128,425
+49,418
| +63% | +$4.35M |
|
984
PUT
Freeport-McMoran
FCX
$112B
| $11.3M | 0.02% |
940,700
+500,000
| +113% | +$6.07M |
|
985
AutoZone
AZO
$49.1B
| $11.3M | 0.02% |
19,743
-175,180
| -90% | -$114M |
|
986
iShares Core S&P Small-Cap ETF
IJR
$111B
| $11.3M | 0.02% |
+160,600
| New | +$11.1M |
|
|
CLGX
987
DELISTED
Corelogic, Inc.
CLGX
| $11.2M | 0.02% |
258,940
-64,861
| -20% | -$2.74M |
|
988
PUT
Puma Biotechnology
PBYI
$471M
| $11.2M | 0.02% |
128,300
+39,300
| +44% | +$2.2M |
|
|
PDS
989
Precision Drilling
PDS
$1.13B
| $11.2M | 0.02% |
163,887
-314,095
| -66% | -$24.3M |
|
990
Hewlett Packard
HPE
$69.4B
| $11.1M | 0.02% |
864,464
-6,825,974
| -89% | -$95M |
|
991
Houlihan Lokey
HLI
$9.01B
| $11.1M | 0.02% |
317,138
-278,464
| -47% | -$9.45M |
|
992
Cavco Industries
CVCO
$4.48B
| $11M | 0.02% |
85,216
+72,609
| +576% | +$8.67M |
|
993
PUT
Qualcomm
QCOM
$166B
| $11M | 0.02% |
+200,000
| New | +$11.2M |
|
994
CALL
AB InBev
BUD
$156B
| $11M | 0.02% |
100,000
+75,000
| +300% | +$8.59M |
|
995
Hain Celestial
HAIN
$75.8M
| $11M | 0.02% |
+283,677
| New | +$10.2M |
|
996
Santander
BSBR
$43.3B
| $11M | 0.02% |
1,525,983
+1,371,895
| +890% | +$10.5M |
|
|
JWN
997
CALL
DELISTED
Nordstrom
JWN
| $11M | 0.02% |
+230,000
| New | +$10.5M |
|
|
VMRK
998
Vivmark Residential
VMRK
$27.2B
| $11M | 0.02% |
166,842
-331,231
| -67% | -$21.6M |
|
999
Steven Madden
SHOO
$3.36B
| $11M | 0.02% |
412,263
-398,682
| -49% | -$10.1M |
|
1000
EPAM Systems
EPAM
$5.74B
| $11M | 0.02% |
130,328
-41,708
| -24% | -$3.35M |
|
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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.