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 | |
|---|---|---|---|---|---|---|
|
EPAY
1201
DELISTED
Bottomline Technologies Inc
EPAY
| $10.6M | 0.02% |
332,674
+87,864
| +36% | +$2.56M |
|
1202
Guidewire Software
GWRE
$15.6B
| $10.6M | 0.02% |
135,899
-256,412
| -65% | -$18.8M |
|
1203
FTI Consulting
FCN
$4.23B
| $10.6M | 0.02% |
297,919
+30,424
| +11% | +$1.02M |
|
1204
Expedia Group
EXPE
$40.2B
| $10.6M | 0.02% |
73,401
-679,116
| -90% | -$101M |
|
1205
Hilton Grand Vacations
HGV
$3.49B
| $10.6M | 0.02% |
273,483
-9,207
| -3% | -$333K |
|
1206
Chipotle Mexican Grill
CMG
$47.7B
| $10.6M | 0.02% |
+1,714,350
| New | +$11.5M |
|
|
PRA
1207
DELISTED
ProAssurance
PRA
| $10.5M | 0.02% |
192,387
+102,486
| +114% | +$5.8M |
|
|
HDS
1208
DELISTED
HD Supply Holdings, Inc.
HDS
| $10.5M | 0.02% |
290,580
+118,568
| +69% | +$3.81M |
|
1209
FIVE9
FIVN
$2.41B
| $10.5M | 0.02% |
438,283
-569,220
| -56% | -$12.3M |
|
|
VIVO
1210
DELISTED
Meridian Bioscience Inc
VIVO
| $10.5M | 0.02% |
731,335
+395,802
| +118% | +$5.65M |
|
1211
iShares Core US Aggregate Bond ETF
AGG
$139B
| $10.4M | 0.02% |
95,222
+47,561
| +100% | +$5.22M |
|
1212
PUT
Helmerich & Payne
HP
$4.2B
| $10.4M | 0.02% |
+200,000
| New | +$9.89M |
|
1213
Adtran
ADTN
$644M
| $10.4M | 0.02% |
433,528
+274,091
| +172% | +$6.06M |
|
1214
MarketAxess Holdings
MKTX
$5.72B
| $10.4M | 0.02% |
+56,309
| New | +$10.8M |
|
1215
Harley-Davidson
HOG
$2.88B
| $10.4M | 0.02% |
214,887
+182,785
| +569% | +$8.9M |
|
|
PTR
1216
DELISTED
PETROCHINA COMPANY LIMITED ADS (REP 100 H SHARES)
PTR
| $10.4M | 0.02% |
161,592
+25,964
| +19% | +$1.65M |
|
1217
PUT
iShares MSCI South Korea ETF
EWY
$27.9B
| $10.4M | 0.02% |
150,000
+50,000
| +50% | +$3.44M |
|
|
MNDT
1218
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $10.4M | 0.02% |
617,739
+572,188
| +1,256% | +$8.79M |
|
|
WIFI
1219
DELISTED
Boingo Wireless, Inc.
WIFI
| $10.3M | 0.02% |
483,164
+318,571
| +194% | +$5.85M |
|
|
APTI
1220
DELISTED
Apptio, Inc. Class A Common Stock
APTI
| $10.3M | 0.02% |
557,870
+383,938
| +221% | +$6.62M |
|
1221
Sabre
SABR
$920M
| $10.3M | 0.02% |
569,075
-717,920
| -56% | -$13.9M |
|
|
BID
1222
DELISTED
Sotheby's
BID
| $10.3M | 0.02% |
222,867
+144,215
| +183% | +$7.12M |
|
|
ORBK
1223
DELISTED
Orbotech Ltd
ORBK
| $10.3M | 0.02% |
243,034
+219,987
| +955% | +$8.4M |
|
|
KERX
1224
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $10.3M | 0.02% |
1,444,625
-411,214
| -22% | -$2.96M |
|
1225
Liberty Media Series C
FWONK
$26.1B
| $10.2M | 0.02% |
+278,285
| New | +$9.73M |
|
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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.