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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ANAT
1001
DELISTED
American National Group, Inc. Common Stock
ANAT
| $16.3M | 0.02% |
139,180
+126,561
| +1,003% | +$15.3M |
|
|
MCRN
1002
DELISTED
Milacron Holdings Corp.
MCRN
| $16.3M | 0.02% |
807,180
+463,865
| +135% | +$9.17M |
|
1003
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $16.2M | 0.02% |
150,843
+25,670
| +21% | +$2.8M |
|
1004
Seagate
STX
$180B
| $16.2M | 0.02% |
277,082
+193,420
| +231% | +$10.3M |
|
1005
CALL
Enterprise Products Partners
EPD
$82.8B
| $16.1M | 0.02% |
658,900
-1,288,700
| -66% | -$34.3M |
|
1006
GDS Holdings
GDS
$6.36B
| $16.1M | 0.02% |
+586,799
| New | +$15.4M |
|
|
ENLC
1007
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $16.1M | 0.02% |
1,096,374
+25,148
| +2% | +$423K |
|
|
VRTU
1008
DELISTED
Virtusa Corporation
VRTU
| $16M | 0.02% |
330,456
+128,302
| +63% | +$6.11M |
|
|
PFPT
1009
DELISTED
Proofpoint, Inc.
PFPT
| $16M | 0.02% |
140,693
-350,240
| -71% | -$37.2M |
|
1010
Truist Financial
TFC
$62.1B
| $16M | 0.02% |
307,222
-1,043,532
| -77% | -$56.2M |
|
1011
Walt Disney
DIS
$191B
| $16M | 0.02% |
159,028
-160,510
| -50% | -$17.1M |
|
|
HZNP
1012
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $16M | 0.02% |
1,124,465
+842,814
| +299% | +$12.5M |
|
1013
Radian Group
RDN
$4.86B
| $15.9M | 0.02% |
837,100
-1,571,924
| -65% | -$33.1M |
|
1014
CALL
Edwards Lifesciences
EW
$52.2B
| $15.9M | 0.02% |
342,300
+312,300
| +1,041% | +$13.6M |
|
1015
KB Home
KBH
$3.41B
| $15.9M | 0.02% |
558,733
-479,529
| -46% | -$14.9M |
|
1016
Trimble
TRMB
$14.1B
| $15.9M | 0.02% |
442,256
+78,714
| +22% | +$3.17M |
|
|
NXRT
1017
NexPoint Residential Trust
NXRT
$631M
| $15.8M | 0.02% |
637,616
+160,233
| +34% | +$4.08M |
|
|
BID
1018
DELISTED
Sotheby's
BID
| $15.8M | 0.02% |
308,524
+94,406
| +44% | +$4.81M |
|
1019
Atkore
ATKR
$3.16B
| $15.8M | 0.02% |
796,107
+35,575
| +5% | +$765K |
|
1020
KALA BIO
KALA
$15.4M
| $15.8M | 0.02% |
400
+359
| +876% | +$13.6M |
|
1021
Atlassian
TEAM
$43.4B
| $15.8M | 0.02% |
292,144
+137,630
| +89% | +$7.49M |
|
|
ARRS
1022
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $15.7M | 0.02% |
592,608
-475,546
| -45% | -$12.3M |
|
1023
Akamai
AKAM
$15.2B
| $15.7M | 0.02% |
221,824
+131,837
| +147% | +$8.98M |
|
|
CHS
1024
DELISTED
Chicos FAS, Inc.
CHS
| $15.7M | 0.02% |
1,741,097
-1,637,322
| -48% | -$15.2M |
|
|
TAST
1025
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $15.7M | 0.02% |
1,402,472
+417,911
| +42% | +$5.25M |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.