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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Sprouts Farmers Market
SFM
$8.01B
| $10M | 0.02% |
425,538
-30,305
| -7% | -$789K |
|
1127
Parker-Hannifin
PH
$128B
| $9.99M | 0.02% |
66,990
-836,048
| -93% | -$135M |
|
1128
PUT
Weyerhaeuser
WY
$17.6B
| $9.98M | 0.02% |
456,600
| – | – |
|
1129
Shenandoah Telecom
SHEN
$680M
| $9.97M | 0.02% |
225,315
+47,362
| +27% | +$2.02M |
|
1130
Texas Capital Bancshares
TCBI
$4.29B
| $9.96M | 0.02% |
194,877
-2,239,124
| -92% | -$141M |
|
1131
Agios Pharmaceuticals
AGIO
$2.02B
| $9.96M | 0.02% |
215,902
+160,493
| +290% | +$9.91M |
|
|
VRNT
1132
DELISTED
Verint Systems
VRNT
| $9.91M | 0.02% |
459,670
-567,116
| -55% | -$13M |
|
1133
Monolithic Power Systems
MPWR
$64.1B
| $9.9M | 0.02% |
85,149
+361
| +0.4% | +$43.2K |
|
1134
National Health Investors
NHI
$3.6B
| $9.89M | 0.02% |
130,990
-26,956
| -17% | -$2.03M |
|
|
FMBI
1135
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $9.89M | 0.02% |
499,455
+488,096
| +4,297% | +$11.2M |
|
1136
Pegasystems
PEGA
$5.59B
| $9.87M | 0.02% |
412,784
+6,030
| +1% | +$158K |
|
|
TBRG
1137
DELISTED
TruBridge
TBRG
| $9.87M | 0.02% |
+393,287
| New | +$10.3M |
|
1138
iShares MSCI Mexico ETF
EWW
$1.81B
| $9.86M | 0.02% |
239,401
+141,196
| +144% | +$6.14M |
|
1139
Albemarle
ALB
$15.7B
| $9.86M | 0.02% |
127,916
+110,408
| +631% | +$10.4M |
|
|
AY
1140
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $9.8M | 0.02% |
499,828
+439,588
| +730% | +$8.71M |
|
1141
iShares MSCI Indonesia ETF
EIDO
$496M
| $9.79M | 0.02% |
394,299
+306,032
| +347% | +$7.12M |
|
1142
LivePerson
LPSN
$34.2M
| $9.79M | 0.02% |
34,597
+29,482
| +576% | +$9.09M |
|
|
TMCXU
1143
DELISTED
Trinity Merger Corp. Unit
TMCXU
| $9.79M | 0.02% |
950,000
| – | – |
|
1144
Aon
AON
$75.3B
| $9.73M | 0.02% |
66,951
-119,797
| -64% | -$18.6M |
|
|
TMHC
1145
DELISTED
Taylor Morrison
TMHC
| $9.73M | 0.02% |
612,020
-4,599,793
| -88% | -$75.1M |
|
1146
Valmont Industries
VMI
$9.13B
| $9.73M | 0.02% |
87,690
+49,187
| +128% | +$6.13M |
|
1147
NeoGenomics
NEO
$2.16B
| $9.71M | 0.02% |
770,201
+758,552
| +6,512% | +$11.3M |
|
|
AFMD
1148
DELISTED
Affimed
AFMD
| $9.71M | 0.02% |
312,191
+21,088
| +7% | +$784K |
|
1149
Radware
RDWR
$1.17B
| $9.69M | 0.02% |
426,793
-96,971
| -19% | -$2.24M |
|
1150
PUT
Ulta Beauty
ULTA
$23.1B
| $9.62M | 0.02% |
39,300
-8,500
| -18% | -$2.35M |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.