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 | |
|---|---|---|---|---|---|---|
1251
Hudbay
HBM
$13.4B
| $11.2M | 0.02% |
1,271,829
+630,305
| +98% | +$4.92M |
|
1252
Okta
OKTA
$22.8B
| $11.2M | 0.02% |
+436,493
| New | +$12.2M |
|
1253
Ashland
ASH
$3.33B
| $11.2M | 0.02% |
156,990
-71,834
| -31% | -$4.95M |
|
|
ZEN
1254
DELISTED
ZENDESK INC
ZEN
| $11.2M | 0.02% |
329,539
+128,862
| +64% | +$4.22M |
|
1255
Cardinal Health
CAH
$54.4B
| $11.2M | 0.02% |
181,981
-74,282
| -29% | -$4.59M |
|
1256
PJT Partners
PJT
$4.4B
| $11.1M | 0.02% |
243,796
-203,446
| -45% | -$8.27M |
|
|
TRUE
1257
DELISTED
TrueCar
TRUE
| $11.1M | 0.02% |
990,503
+342,214
| +53% | +$4.51M |
|
|
IDTI
1258
DELISTED
Integrated Device Technology I
IDTI
| $11.1M | 0.02% |
372,900
+364,512
| +4,346% | +$11M |
|
|
MODN
1259
DELISTED
MODEL N, INC.
MODN
| $11.1M | 0.02% |
703,638
+246,093
| +54% | +$3.71M |
|
|
XOG
1260
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $11.1M | 0.02% |
774,168
+683,868
| +757% | +$10.4M |
|
1261
American Eagle Outfitters
AEO
$2.81B
| $11.1M | 0.02% |
+589,138
| New | +$8.88M |
|
|
TWX
1262
CALL
DELISTED
Time Warner Inc
TWX
| $11.1M | 0.02% |
+121,000
| New | +$11.4M |
|
|
AVXS
1263
CALL
DELISTED
AveXis, Inc. Common Stock
AVXS
| $11.1M | 0.02% |
100,000
+50,000
| +100% | +$5.02M |
|
1264
Innospec
IOSP
$2.31B
| $11.1M | 0.02% |
156,638
+61,737
| +65% | +$4.11M |
|
|
CIVI
1265
DELISTED
Civitas Resources
CIVI
| $11.1M | 0.02% |
400,685
+177,098
| +79% | +$5.55M |
|
|
BID
1266
DELISTED
Sotheby's
BID
| $11M | 0.02% |
214,118
-8,749
| -4% | -$437K |
|
|
AY
1267
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $11M | 0.02% |
520,734
-85,125
| -14% | -$1.86M |
|
1268
Quanterix
QTRX
$140M
| $11M | 0.02% |
+512,985
| New | +$10M |
|
1269
Fortive
FTV
$18.1B
| $11M | 0.02% |
241,347
-335,213
| -58% | -$15.3M |
|
1270
Archer Daniels Midland
ADM
$37B
| $11M | 0.02% |
+273,371
| New | +$11.2M |
|
1271
JD.com
JD
$39.3B
| $10.9M | 0.02% |
263,527
-1,853,944
| -88% | -$72.9M |
|
|
ATHN
1272
DELISTED
Athenahealth, Inc.
ATHN
| $10.9M | 0.02% |
81,952
-136,652
| -63% | -$17.5M |
|
1273
ProShares Ultra Silver
AGQ
$1.6B
| $10.9M | 0.02% |
320,897
-35,746
| -10% | -$1.19M |
|
|
MSGN
1274
DELISTED
MSG Networks Inc.
MSGN
| $10.9M | 0.02% |
535,950
+20,381
| +4% | +$392K |
|
1275
Park Hotels & Resorts
PK
$3.21B
| $10.8M | 0.02% |
377,268
+173,602
| +85% | +$4.97M |
|
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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.