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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Dave & Buster's
PLAY
$362M
| $14.2M | 0.02% |
269,809
+184,768
| +217% | +$11M |
|
|
GNMK
1002
DELISTED
GenMark Diagnostics, Inc
GNMK
| $14.2M | 0.02% |
1,469,434
+290,343
| +25% | +$3.02M |
|
1003
AMC Global Media
AMCX
$512M
| $14.1M | 0.02% |
241,874
-110,994
| -31% | -$6.61M |
|
|
SGMO
1004
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $14.1M | 0.02% |
942,097
+465,953
| +98% | +$5.15M |
|
1005
American Express
AXP
$228B
| $14.1M | 0.02% |
156,168
+85,147
| +120% | +$7.32M |
|
1006
Navient
NAVI
$888M
| $14.1M | 0.02% |
940,444
+756,531
| +411% | +$11M |
|
1007
Accuray
ARAY
$32.4M
| $14.1M | 0.02% |
3,524,953
+220,755
| +7% | +$948K |
|
1008
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $14.1M | 0.02% |
260,817
-823,522
| -76% | -$45.2M |
|
1009
CALL
Molson Coors Class B
TAP
$8.02B
| $14M | 0.02% |
172,000
+143,000
| +493% | +$12.6M |
|
1010
Robert Half
RHI
$4.62B
| $14M | 0.02% |
278,256
+106,535
| +62% | +$4.92M |
|
1011
Bank of Hawaii
BOH
$3.03B
| $14M | 0.02% |
167,962
+129,582
| +338% | +$10.5M |
|
1012
Packaging Corp of America
PKG
$22.2B
| $14M | 0.02% |
122,040
-502,492
| -80% | -$56.2M |
|
|
AGEN
1013
Agenus
AGEN
$345M
| $14M | 0.02% |
161,680
+51,616
| +47% | +$4.18M |
|
|
MNR
1014
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $14M | 0.02% |
863,452
+137,826
| +19% | +$2.15M |
|
1015
Axalta
AXTA
$7.72B
| $14M | 0.02% |
482,977
+235,105
| +95% | +$7.11M |
|
1016
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $13.9M | 0.02% |
114,900
+66,478
| +137% | +$8.03M |
|
1017
Strategy Inc
MSTR
$48.7B
| $13.9M | 0.02% |
1,089,720
+798,610
| +274% | +$11.6M |
|
|
PCH
1018
DELISTED
PotlatchDeltic
PCH
| $13.9M | 0.02% |
272,726
+259,312
| +1,933% | +$12.3M |
|
1019
CNO Financial Group
CNO
$5.02B
| $13.9M | 0.02% |
595,711
-98,833
| -14% | -$2.21M |
|
1020
Lincoln Electric
LECO
$15.4B
| $13.9M | 0.02% |
+151,488
| New | +$13.5M |
|
|
YELL
1021
DELISTED
Yellow Corporation Common Stock
YELL
| $13.9M | 0.02% |
1,004,067
+930,373
| +1,262% | +$11.7M |
|
1022
Vanguard Real Estate ETF
VNQ
$39.3B
| $13.8M | 0.02% |
166,548
-4,273
| -3% | -$357K |
|
|
SUPV
1023
Grupo Supervielle
SUPV
$749M
| $13.8M | 0.02% |
558,906
+233,060
| +72% | +$4.58M |
|
|
WEB
1024
DELISTED
Web.com Group, Inc.
WEB
| $13.8M | 0.02% |
551,082
+250,979
| +84% | +$6.02M |
|
1025
Herbalife
HLF
$1.32B
| $13.8M | 0.02% |
406,146
+355,056
| +695% | +$12.2M |
|
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Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.