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 | |
|---|---|---|---|---|---|---|
1101
Arbor Realty Trust
ABR
$979M
| $14.2M | 0.02% |
1,645,564
+444,617
| +37% | +$3.78M |
|
1102
SPDR Gold Trust
GLD
$155B
| $14.2M | 0.02% |
114,757
+96,158
| +517% | +$11.7M |
|
1103
Sterling Infrastructure
STRL
$15.2B
| $14.2M | 0.02% |
+871,517
| New | +$14.4M |
|
|
ZAGG
1104
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $14.2M | 0.02% |
+766,968
| New | +$14.3M |
|
|
AD
1105
Array Digital Infrastructure
AD
$3.08B
| $14.1M | 0.02% |
375,410
+176,830
| +89% | +$6.39M |
|
1106
Entravision Communication
EVC
$748M
| $14.1M | 0.02% |
1,972,143
+1,555,499
| +373% | +$9.76M |
|
1107
CALL
TechnipFMC
FTI
$29.7B
| $14.1M | 0.02% |
+604,531
| New | +$12.5M |
|
|
CTT
1108
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $14.1M | 0.02% |
1,071,649
+902,238
| +533% | +$11.7M |
|
1109
Phibro Animal Health
PAHC
$1.43B
| $14.1M | 0.02% |
419,998
+164,424
| +64% | +$5.84M |
|
1110
CALL
Merck
MRK
$372B
| $14.1M | 0.02% |
+262,000
| New | +$14.5M |
|
1111
KBR
KBR
$4.75B
| $14.1M | 0.02% |
708,985
-506,492
| -42% | -$9.58M |
|
|
SNI
1112
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $14M | 0.02% |
163,979
+106,014
| +183% | +$8.76M |
|
1113
Sabre
SABR
$912M
| $14M | 0.02% |
682,208
+113,133
| +20% | +$2.17M |
|
|
BMS
1114
DELISTED
Bemis
BMS
| $14M | 0.02% |
292,443
-181,856
| -38% | -$8.41M |
|
|
SIR
1115
DELISTED
SELECT INCOME REIT
SIR
| $14M | 0.02% |
1,264,470
+521,196
| +70% | +$5.69M |
|
1116
Ternium
TX
$10.8B
| $14M | 0.02% |
442,018
-214,696
| -33% | -$6.43M |
|
1117
Alarm.com
ALRM
$2.83B
| $13.9M | 0.02% |
+368,927
| New | +$15.9M |
|
|
ATVI
1118
DELISTED
Activision Blizzard
ATVI
| $13.9M | 0.02% |
219,897
-741,450
| -77% | -$46.9M |
|
1119
Fulton Financial
FULT
$4.5B
| $13.9M | 0.02% |
776,919
+754,548
| +3,373% | +$13.9M |
|
|
SCHW
1120
PUT
Charles Schwab
SCHW
$197B
| $13.9M | 0.02% |
+270,000
| New | +$12.7M |
|
|
VSM
1121
DELISTED
Versum Materials, Inc.
VSM
| $13.8M | 0.02% |
365,420
-74,177
| -17% | -$2.89M |
|
1122
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.67B
| $13.8M | 0.02% |
125,173
-203,388
| -62% | -$22.5M |
|
1123
Axcelis
ACLS
$3.81B
| $13.8M | 0.02% |
479,439
-120,722
| -20% | -$3.8M |
|
1124
Hanmi Financial
HAFC
$926M
| $13.8M | 0.02% |
453,365
+237,564
| +110% | +$7.33M |
|
1125
CALL
XPO
XPO
$22.5B
| $13.7M | 0.02% |
433,709
-144,570
| -25% | -$3.7M |
|
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.