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 | |
|---|---|---|---|---|---|---|
1126
Sea Limited
SE
$70.9B
| $13.7M | 0.02% |
+1,024,546
| New | +$14M |
|
1127
Macerich
MAC
$6.91B
| $13.7M | 0.02% |
207,874
+123,273
| +146% | +$7.54M |
|
1128
Progress Software
PRGS
$1.78B
| $13.6M | 0.02% |
319,946
-40,503
| -11% | -$1.69M |
|
1129
Synchrony
SYF
$26B
| $13.6M | 0.02% |
352,364
-1,057,596
| -75% | -$36.2M |
|
1130
Aon
AON
$76.2B
| $13.6M | 0.02% |
101,268
+55,439
| +121% | +$7.89M |
|
1131
PUT
S&P Global
SPGI
$128B
| $13.6M | 0.02% |
80,000
+30,000
| +60% | +$4.9M |
|
|
ISBC
1132
DELISTED
Investors Bancorp, Inc.
ISBC
| $13.5M | 0.02% |
973,823
+582,243
| +149% | +$8.07M |
|
|
CA
1133
DELISTED
CA, Inc.
CA
| $13.5M | 0.02% |
405,021
+145,235
| +56% | +$4.82M |
|
|
CERN
1134
PUT
DELISTED
Cerner Corp
CERN
| $13.5M | 0.02% |
+200,000
| New | +$13.8M |
|
1135
AtriCure
ATRC
$2.51B
| $13.4M | 0.02% |
736,960
-351,403
| -32% | -$6.96M |
|
1136
MetLife
MET
$61.1B
| $13.3M | 0.02% |
263,934
+97,612
| +59% | +$5.14M |
|
|
SASR
1137
DELISTED
Sandy Spring Bancorp Inc
SASR
| $13.3M | 0.02% |
341,864
+41,382
| +14% | +$1.66M |
|
1138
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $13.3M | 0.02% |
350,372
+206,658
| +144% | +$7.93M |
|
|
NXRT
1139
NexPoint Residential Trust
NXRT
$631M
| $13.3M | 0.02% |
477,383
+382,804
| +405% | +$10.1M |
|
1140
CALL
Freeport-McMoran
FCX
$112B
| $13.3M | 0.02% |
+700,000
| New | +$10.6M |
|
1141
Enterprise Financial Services Corp
EFSC
$2.3B
| $13.3M | 0.02% |
293,598
+37,929
| +15% | +$1.66M |
|
1142
WaFd
WAFD
$2.69B
| $13.3M | 0.02% |
386,926
+329,688
| +576% | +$11.3M |
|
1143
Encore Capital Group
ECPG
$2.19B
| $13.2M | 0.02% |
+314,112
| New | +$14.3M |
|
1144
CenterPoint Energy
CNP
$25.8B
| $13.2M | 0.02% |
465,729
-100,127
| -18% | -$2.92M |
|
1145
Gentherm
THRM
$1.21B
| $13.2M | 0.02% |
415,081
+31,932
| +8% | +$1.1M |
|
1146
Hecla Mining
HL
$13.7B
| $13.2M | 0.02% |
+3,315,215
| New | +$14.4M |
|
1147
LG Display
LPL
$3.29B
| $13.1M | 0.02% |
953,621
-286,099
| -23% | -$3.85M |
|
|
GRMN
1148
Garmin
GRMN
$56.2B
| $13.1M | 0.02% |
219,794
+123,612
| +129% | +$7.25M |
|
1149
Huntington Ingalls Industries
HII
$11.6B
| $13.1M | 0.02% |
55,540
+27,179
| +96% | +$6.41M |
|
|
AUO
1150
DELISTED
AU Optronics Corp
AUO
| $13.1M | 0.02% |
3,145,041
-522,650
| -14% | -$2.17M |
|
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.