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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1251
Dell
DELL
$280B
| $11.5M | 0.02% |
559,446
-1,902,976
| -77% | -$41M |
|
|
LEXEA
1252
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $11.5M | 0.02% |
292,494
+235,502
| +413% | +$10.1M |
|
1253
Rayonier Advanced Materials
RYAM
$563M
| $11.5M | 0.02% |
534,428
+501,994
| +1,548% | +$9.83M |
|
1254
Rio Tinto
RIO
$170B
| $11.4M | 0.02% |
221,920
-800,275
| -78% | -$43.6M |
|
|
LM
1255
DELISTED
Legg Mason, Inc.
LM
| $11.3M | 0.02% |
279,037
-1,376,629
| -83% | -$56.8M |
|
|
NCI
1256
DELISTED
Navigant Consulting, Inc.
NCI
| $11.3M | 0.02% |
589,383
+531,030
| +910% | +$10.6M |
|
|
MNDT
1257
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $11.3M | 0.02% |
668,356
+579,009
| +648% | +$9.33M |
|
1258
Green Plains
GPRE
$1.05B
| $11.3M | 0.02% |
671,936
+190,927
| +40% | +$3.43M |
|
1259
Telkom Indonesia
TLK
$14.8B
| $11.3M | 0.02% |
426,463
+257,736
| +153% | +$7.63M |
|
|
ILG
1260
DELISTED
ILG, Inc Common Stock
ILG
| $11.3M | 0.02% |
362,068
-346,949
| -49% | -$10.9M |
|
1261
iShares Silver Trust
SLV
$33.5B
| $11.3M | 0.02% |
730,563
+470,563
| +181% | +$7.43M |
|
1262
Cabot Corp
CBT
$4.33B
| $11.3M | 0.02% |
202,022
+42,547
| +27% | +$2.68M |
|
|
CHCT
1263
Community Healthcare Trust
CHCT
$434M
| $11.2M | 0.02% |
435,885
+203,877
| +88% | +$5.17M |
|
1264
First Hawaiian
FHB
$3.17B
| $11.2M | 0.02% |
403,178
+271,491
| +206% | +$7.9M |
|
1265
Novavax
NVAX
$1.46B
| $11.2M | 0.01% |
265,966
+205,368
| +339% | +$8.25M |
|
1266
PUT
Baidu
BIDU
$31.3B
| $11.2M | 0.01% |
+50,000
| New | +$12.3M |
|
1267
O'Reilly Automotive
ORLY
$73.4B
| $11.1M | 0.01% |
675,840
-2,284,335
| -77% | -$38.6M |
|
1268
Chubb
CB
$133B
| $11.1M | 0.01% |
81,392
+40,115
| +97% | +$5.81M |
|
1269
Enterprise Financial Services Corp
EFSC
$2.3B
| $11.1M | 0.01% |
235,621
-57,977
| -20% | -$2.77M |
|
1270
Travelers Companies
TRV
$77.3B
| $11M | 0.01% |
79,496
+50,717
| +176% | +$7.08M |
|
1271
Teladoc Health
TDOC
$1.13B
| $10.9M | 0.01% |
+270,625
| New | +$10.2M |
|
1272
Materion
MTRN
$4.79B
| $10.9M | 0.01% |
212,851
-25,730
| -11% | -$1.31M |
|
1273
Qiagen
QGEN
$8.63B
| $10.8M | 0.01% |
315,980
-196,778
| -38% | -$6.91M |
|
1274
AngloGold Ashanti
AU
$60.9B
| $10.8M | 0.01% |
1,139,372
+959,076
| +532% | +$9.77M |
|
|
CNH
1275
CNH Industrial
CNH
$18.9B
| $10.8M | 0.01% |
1,001,629
-393,073
| -28% | -$4.75M |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.