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 | |
|---|---|---|---|---|---|---|
1151
California Water Service
CWT
$3.14B
| $13M | 0.02% |
+287,468
| New | +$12.4M |
|
|
SLCA
1152
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $13M | 0.02% |
+400,000
| New | +$12.8M |
|
1153
IAMGOLD
IAG
$12.4B
| $13M | 0.02% |
2,233,327
-105,249
| -5% | -$601K |
|
1154
Editas Medicine
EDIT
$461M
| $13M | 0.02% |
422,757
+49,336
| +13% | +$1.24M |
|
1155
Liberty Media Series C
FWONK
$26.7B
| $13M | 0.02% |
393,349
+115,064
| +41% | +$4.16M |
|
|
EBSB
1156
DELISTED
Meridian Bancorp, Inc.
EBSB
| $13M | 0.02% |
630,074
-140,796
| -18% | -$2.78M |
|
|
ENV
1157
DELISTED
ENVESTNET, INC.
ENV
| $13M | 0.02% |
260,154
+84,205
| +48% | +$4.36M |
|
|
HMHC
1158
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $13M | 0.02% |
1,393,732
+1,152,265
| +477% | +$11.5M |
|
1159
Enanta Pharmaceuticals
ENTA
$411M
| $13M | 0.02% |
+220,845
| New | +$11.1M |
|
1160
Credit Acceptance
CACC
$6.26B
| $12.9M | 0.02% |
40,033
-108,384
| -73% | -$32.2M |
|
|
CAI
1161
DELISTED
CAI International, Inc.
CAI
| $12.9M | 0.02% |
457,148
+324,092
| +244% | +$10.7M |
|
1162
VeriSign
VRSN
$26.3B
| $12.9M | 0.02% |
112,879
+25,719
| +30% | +$2.87M |
|
1163
Otter Tail
OTTR
$3.86B
| $12.9M | 0.02% |
290,465
+121,745
| +72% | +$5.58M |
|
|
ABLX
1164
DELISTED
Ablynx NV
ABLX
| $12.9M | 0.02% |
+515,289
| New | +$11.6M |
|
1165
SolarEdge
SEDG
$1.85B
| $12.9M | 0.02% |
342,879
-8,481
| -2% | -$292K |
|
1166
Manitowoc
MTW
$710M
| $12.9M | 0.02% |
326,658
-39,320
| -11% | -$1.52M |
|
1167
Atlanta Braves Holdings Series B
BATRK
$3.37B
| $12.8M | 0.02% |
578,216
+286,905
| +98% | +$6.72M |
|
|
AMRN
1168
Amarin Corp
AMRN
$292M
| $12.8M | 0.02% |
159,751
-13,875
| -8% | -$956K |
|
|
SRG
1169
Seritage Growth Properties
SRG
$119M
| $12.8M | 0.02% |
316,575
+241,049
| +319% | +$10.1M |
|
1170
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $12.8M | 0.02% |
168,994
-55,356
| -25% | -$4.03M |
|
|
AHL
1171
DELISTED
ASPEN Insurance Holding Limited
AHL
| $12.8M | 0.02% |
314,036
+146,001
| +87% | +$6.04M |
|
1172
Coca-Cola Femsa
KOF
$24.1B
| $12.7M | 0.02% |
183,050
+54,547
| +42% | +$3.81M |
|
1173
LyondellBasell Industries
LYB
$21.1B
| $12.7M | 0.02% |
115,471
+92,901
| +412% | +$9.64M |
|
1174
BHP
BHP
$247B
| $12.7M | 0.02% |
310,072
-429,047
| -58% | -$16.2M |
|
1175
Huazhu Hotels Group
HTHT
$15B
| $12.7M | 0.02% |
352,244
+339,920
| +2,758% | +$10.8M |
|
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.