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 | |
|---|---|---|---|---|---|---|
1226
Huron Consulting
HURN
$2.53B
| $8.43M | 0.01% |
164,314
+98,900
| +151% | +$5.03M |
|
|
EVBG
1227
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $8.39M | 0.01% |
147,908
-278,317
| -65% | -$14.4M |
|
1228
Cousins Properties
CUZ
$4.97B
| $8.39M | 0.01% |
265,518
+127,841
| +93% | +$4.27M |
|
|
AD
1229
Array Digital Infrastructure
AD
$3.1B
| $8.35M | 0.01% |
160,640
-169,243
| -51% | -$8.67M |
|
1230
Halliburton
HAL
$28.2B
| $8.34M | 0.01% |
313,883
-2,055,074
| -87% | -$69.3M |
|
1231
Kaiser Aluminum
KALU
$2.51B
| $8.34M | 0.01% |
93,344
+5,449
| +6% | +$526K |
|
|
TCF
1232
DELISTED
TCF Financial Corporation Common Stock
TCF
| $8.32M | 0.01% |
227,403
+217,109
| +2,109% | +$9.92M |
|
1233
CALL
EOG Resources
EOG
$77B
| $8.29M | 0.01% |
95,100
+71,900
| +310% | +$7.7M |
|
1234
HEICO Corp
HEI
$49.1B
| $8.27M | 0.01% |
106,725
+47,692
| +81% | +$3.98M |
|
1235
Virgin Galactic
SPCE
$450M
| $8.27M | 0.01% |
41,327
+1,287
| +3% | +$256K |
|
1236
Sally Beauty Holdings
SBH
$1.54B
| $8.25M | 0.01% |
484,007
+260,042
| +116% | +$4.87M |
|
1237
Ferrari
RACE
$74.1B
| $8.24M | 0.01% |
+82,870
| New | +$9.3M |
|
1238
PUT
iShares MSCI Mexico ETF
EWW
$1.81B
| $8.24M | 0.01% |
200,000
| – | – |
|
1239
Equinor
EQNR
$97.8B
| $8.23M | 0.01% |
+388,654
| New | +$9.54M |
|
1240
Sabra Healthcare REIT
SBRA
$5.32B
| $8.21M | 0.01% |
498,023
-410,679
| -45% | -$8.27M |
|
1241
Park Hotels & Resorts
PK
$3.26B
| $8.21M | 0.01% |
315,860
-276,505
| -47% | -$8.19M |
|
1242
Archrock
AROC
$5.38B
| $8.2M | 0.01% |
1,094,945
+98,402
| +10% | +$997K |
|
1243
Herbalife
HLF
$1.35B
| $8.2M | 0.01% |
139,058
-610,471
| -81% | -$33.7M |
|
1244
Vanguard S&P 500 ETF
VOO
$1.02T
| $8.18M | 0.01% |
35,599
+5,201
| +17% | +$1.29M |
|
1245
PUT
United Airlines
UAL
$38.1B
| $8.17M | 0.01% |
97,600
+16,100
| +20% | +$1.41M |
|
1246
Dana Inc
DAN
$3.24B
| $8.17M | 0.01% |
599,121
-572,460
| -49% | -$8.68M |
|
1247
Scotiabank
BNS
$113B
| $8.13M | 0.01% |
163,067
+141,869
| +669% | +$7.66M |
|
1248
Teleflex
TFX
$5.94B
| $8.12M | 0.01% |
31,406
+22,988
| +273% | +$5.82M |
|
1249
Assurant
AIZ
$14.1B
| $8.1M | 0.01% |
90,506
-73,243
| -45% | -$7.16M |
|
|
MDC
1250
DELISTED
M.D.C. Holdings, Inc.
MDC
| $8.09M | 0.01% |
335,636
+227,053
| +209% | +$5.49M |
|
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.