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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BPMC
1176
DELISTED
Blueprint Medicines
BPMC
| $11.1M | 0.02% |
+159,884
| New | +$8.54M |
|
1177
PUT
Moody's
MCO
$88.4B
| $11.1M | 0.02% |
+80,000
| New | +$10.5M |
|
|
VIAB
1178
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $11.1M | 0.02% |
+400,000
| New | +$12.3M |
|
1179
Customers Bancorp
CUBI
$2.66B
| $11M | 0.02% |
338,716
-33,475
| -9% | -$966K |
|
1180
PUT
Devon Energy
DVN
$52.1B
| $11M | 0.02% |
+300,000
| New | +$9.72M |
|
1181
White Mountains Insurance
WTM
$5.11B
| $11M | 0.02% |
12,806
+6,223
| +95% | +$5.35M |
|
1182
Littelfuse
LFUS
$10.3B
| $10.9M | 0.02% |
55,852
-5,804
| -9% | -$1.05M |
|
|
SEMG
1183
DELISTED
SEMGROUP CORPORATION
SEMG
| $10.9M | 0.02% |
380,370
+205,005
| +117% | +$5.33M |
|
|
MSGN
1184
DELISTED
MSG Networks Inc.
MSGN
| $10.9M | 0.02% |
515,569
+465,836
| +937% | +$9.9M |
|
|
TPIC
1185
DELISTED
TPI Composites
TPIC
| $10.9M | 0.02% |
488,083
-172,732
| -26% | -$3.45M |
|
|
TRST
1186
Trustco Bank Corp NY
TRST
$977M
| $10.9M | 0.02% |
244,102
+144,733
| +146% | +$5.77M |
|
1187
Bright Horizons
BFAM
$3.58B
| $10.9M | 0.02% |
125,991
-125,040
| -50% | -$9.97M |
|
1188
Century Aluminum
CENX
$4.36B
| $10.9M | 0.02% |
+654,889
| New | +$11.3M |
|
1189
Arcos Dorados Holdings
ARCO
$1.69B
| $10.8M | 0.02% |
1,108,580
-857,131
| -44% | -$7.41M |
|
1190
Enterprise Financial Services Corp
EFSC
$2.3B
| $10.8M | 0.02% |
255,669
+108,988
| +74% | +$4.31M |
|
1191
Winnebago Industries
WGO
$896M
| $10.8M | 0.02% |
241,758
+3,035
| +1% | +$112K |
|
1192
Stepan Co
SCL
$1.41B
| $10.7M | 0.02% |
128,355
+116,954
| +1,026% | +$9.62M |
|
1193
KRONOS Worldwide
KRO
$1.01B
| $10.7M | 0.02% |
470,227
+241,430
| +106% | +$4.96M |
|
|
FNGN
1194
DELISTED
Financial Engines, Inc.
FNGN
| $10.7M | 0.02% |
308,077
+62,120
| +25% | +$2.16M |
|
1195
Johnson Controls International
JCI
$86.4B
| $10.7M | 0.02% |
265,576
+72,126
| +37% | +$2.92M |
|
|
DMC
1196
Del Monte Corp
DMC
$1.5B
| $10.7M | 0.02% |
234,864
+222,465
| +1,794% | +$10.8M |
|
1197
Marriott International
MAR
$93.8B
| $10.7M | 0.02% |
96,677
-114,948
| -54% | -$11.8M |
|
|
DBVT
1198
DBV Technologies
DBVT
$929M
| $10.6M | 0.02% |
25,080
+7,718
| +44% | +$3.31M |
|
1199
Brink's
BCO
$4.58B
| $10.6M | 0.02% |
125,725
+91,877
| +271% | +$7M |
|
1200
ICICI Bank
IBN
$107B
| $10.6M | 0.02% |
1,237,161
+650,152
| +111% | +$5.94M |
|
Similar funds
Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.