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 | |
|---|---|---|---|---|---|---|
1126
CALL
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $13.8M | 0.02% |
500,000
-500,000
| -50% | -$14.4M |
|
1127
CALL
SPDR Gold Trust
GLD
$155B
| $13.7M | 0.02% |
+109,200
| New | +$13.8M |
|
1128
National Fuel Gas
NFG
$7.84B
| $13.7M | 0.02% |
266,781
+239,775
| +888% | +$12.5M |
|
1129
Banco Bradesco
BBD
$34.3B
| $13.7M | 0.02% |
2,022,312
-128,748
| -6% | -$859K |
|
|
ADSW
1130
DELISTED
Advanced Disposal Services Inc
ADSW
| $13.7M | 0.02% |
613,728
+164,135
| +37% | +$3.81M |
|
1131
Manitowoc
MTW
$710M
| $13.7M | 0.02% |
480,170
+153,512
| +47% | +$5.27M |
|
1132
Caleres
CAL
$459M
| $13.7M | 0.02% |
406,327
+341,428
| +526% | +$10.5M |
|
1133
Invesco DB Commodity Index Tracking Fund
DBC
$1.83B
| $13.6M | 0.02% |
803,165
+792,280
| +7,279% | +$13.3M |
|
1134
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $13.6M | 0.02% |
158,969
-116,026
| -42% | -$10M |
|
|
COTV
1135
DELISTED
Cotiviti Holdings, Inc.
COTV
| $13.5M | 0.02% |
392,299
+312,664
| +393% | +$10.7M |
|
1136
Lamar Advertising Co
LAMR
$15.5B
| $13.5M | 0.02% |
212,053
+185,345
| +694% | +$12.7M |
|
1137
WEX
WEX
$6.93B
| $13.5M | 0.02% |
86,055
-21,459
| -20% | -$3.23M |
|
|
CCMP
1138
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $13.4M | 0.02% |
125,532
-177,444
| -59% | -$18.3M |
|
|
TLRD
1139
DELISTED
Tailored Brands, Inc.
TLRD
| $13.4M | 0.02% |
535,897
-603,313
| -53% | -$14M |
|
1140
YPF Sociedad Anonima ADS
YPF
$20.1B
| $13.4M | 0.02% |
620,609
-50,229
| -7% | -$1.16M |
|
|
KNL
1141
DELISTED
Knoll, Inc.
KNL
| $13.4M | 0.02% |
663,901
+369,584
| +126% | +$8.18M |
|
|
LADR
1142
Ladder Capital
LADR
$1.27B
| $13.4M | 0.02% |
887,337
-676,419
| -43% | -$9.9M |
|
|
WW
1143
PUT
DELISTED
WW International
WW
| $13.4M | 0.02% |
+210,000
| New | +$13.5M |
|
1144
iShares 20+ Year Treasury Bond ETF
TLT
$46.6B
| $13.4M | 0.02% |
109,688
+103,497
| +1,672% | +$12.5M |
|
|
SNP
1145
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $13.3M | 0.02% |
150,828
-287,450
| -66% | -$23.7M |
|
1146
Federal Signal
FSS
$7.31B
| $13.3M | 0.02% |
604,383
+39,244
| +7% | +$812K |
|
|
ETFC
1147
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $13.3M | 0.02% |
240,000
+60,000
| +33% | +$3.2M |
|
1148
OceanFirst Financial
OCFC
$1.83B
| $13.3M | 0.02% |
496,997
+182,674
| +58% | +$4.93M |
|
1149
Lear
LEA
$8.18B
| $13.2M | 0.02% |
71,096
-61,104
| -46% | -$11.5M |
|
1150
Ecolab
ECL
$80.4B
| $13.2M | 0.02% |
96,492
+76,387
| +380% | +$10.3M |
|
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.