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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Financials | 12.22% |
| 3 | Technology | 12.2% |
| 4 | Industrials | 9.84% |
| 5 | Consumer Discretionary | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1176
Dine Brands
DIN
$438M
| $8.18M | 0.01% |
185,766
-81,303
| -30% | -$4.06M |
|
1177
PUT
Union Pacific
UNP
$185B
| $8.17M | 0.01% |
+75,000
| New | +$8.18M |
|
1178
United Parcel Service
UPS
$90.2B
| $8.17M | 0.01% |
+73,860
| New | +$7.89M |
|
|
NTRI
1179
DELISTED
NutriSystem, Inc.
NTRI
| $8.16M | 0.01% |
+156,775
| New | +$8.12M |
|
|
EPZM
1180
DELISTED
Epizyme, Inc
EPZM
| $8.15M | 0.01% |
540,084
+316,461
| +142% | +$4.78M |
|
1181
iShares Biotechnology ETF
IBB
$10.9B
| $8.15M | 0.01% |
+78,843
| New | +$7.77M |
|
1182
State Street SPDR S&P Retail ETF
XRT
$324M
| $8.14M | 0.01% |
200,000
-144,200
| -42% | -$5.99M |
|
|
EBSB
1183
DELISTED
Meridian Bancorp, Inc.
EBSB
| $8.12M | 0.01% |
480,322
-61,346
| -11% | -$1.06M |
|
|
POLY
1184
DELISTED
Plantronics, Inc.
POLY
| $8.11M | 0.01% |
155,119
+139,526
| +895% | +$7.51M |
|
|
EGOV
1185
DELISTED
NIC Inc
EGOV
| $8.09M | 0.01% |
426,792
+404,879
| +1,848% | +$8.27M |
|
1186
Columbia Banking Systems
COLB
$8.62B
| $8.08M | 0.01% |
202,779
+23,116
| +13% | +$901K |
|
1187
United Bankshares
UBSI
$6.46B
| $8.08M | 0.01% |
+206,140
| New | +$8.18M |
|
1188
New York Times
NYT
$11.1B
| $8.08M | 0.01% |
456,265
+423,286
| +1,284% | +$6.96M |
|
|
EXTN
1189
DELISTED
Exterran Corporation
EXTN
| $8.07M | 0.01% |
302,236
+239,030
| +378% | +$6.78M |
|
|
TVPT
1190
DELISTED
Travelport Worldwide Limited
TVPT
| $8.04M | 0.01% |
583,980
+149,354
| +34% | +$1.98M |
|
1191
LKQ Corp
LKQ
$6.46B
| $8.04M | 0.01% |
243,856
+189,549
| +349% | +$5.86M |
|
1192
Byline Bancorp
BY
$1.72B
| $8.03M | 0.01% |
+400,582
| New | +$8.03M |
|
1193
CALL
Dover
DOV
$27.3B
| $8.02M | 0.01% |
+123,800
| New | +$8.07M |
|
1194
Valvoline
VVV
$4.21B
| $8.01M | 0.01% |
337,532
+150,124
| +80% | +$3.48M |
|
1195
Wabash National
WNC
$501M
| $8M | 0.01% |
364,011
+245,600
| +207% | +$5.19M |
|
1196
Travelers Companies
TRV
$77B
| $8M | 0.01% |
63,223
-310,906
| -83% | -$38.3M |
|
1197
PUT
Parker-Hannifin
PH
$128B
| $7.99M | 0.01% |
+50,000
| New | +$7.92M |
|
|
CSRA
1198
DELISTED
CSRA Inc.
CSRA
| $7.96M | 0.01% |
+250,663
| New | +$7.51M |
|
1199
Axalta
AXTA
$7.76B
| $7.94M | 0.01% |
247,872
-987,011
| -80% | -$31.5M |
|
|
GMS
1200
DELISTED
GMS Inc
GMS
| $7.93M | 0.01% |
282,183
+146,075
| +107% | +$4.9M |
|
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Israel Englander's Q2 2017 Portfolio in Review
As of Q2 2017, Israel Englander held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Israel Englander's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Israel Englander added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Israel Englander's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Israel Englander fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Israel Englander's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Israel Englander opened 803 new positions and closed 840 in Q2 2017.
- Israel Englander's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.