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 | |
|---|---|---|---|---|---|---|
|
COBZ
1301
DELISTED
CoBiz Financial,Inc
COBZ
| $10.4M | 0.01% |
520,706
+459,249
| +747% | +$9.31M |
|
|
TLND
1302
DELISTED
Talend S.A. American Depositary Shares
TLND
| $10.4M | 0.01% |
276,510
+93,437
| +51% | +$3.81M |
|
1303
Columbus McKinnon
CMCO
$518M
| $10.3M | 0.01% |
258,625
+76,585
| +42% | +$2.93M |
|
1304
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $10.3M | 0.01% |
75,308
+41,215
| +121% | +$5.52M |
|
|
CWEN.A
1305
DELISTED
Clearway Energy Class A
CWEN.A
| $10.3M | 0.01% |
544,628
+334,477
| +159% | +$6.29M |
|
|
GHL
1306
DELISTED
Greenhill & Co., Inc.
GHL
| $10.2M | 0.01% |
525,487
+165,584
| +46% | +$3.08M |
|
1307
PRA Group
PRAA
$745M
| $10.2M | 0.01% |
308,370
+193,368
| +168% | +$6.13M |
|
1308
PUT
Valero Energy
VLO
$99.1B
| $10.2M | 0.01% |
111,000
-89,000
| -45% | -$7.34M |
|
|
GTS
1309
DELISTED
Triple-S Management Corporation
GTS
| $10.2M | 0.01% |
431,521
+143,813
| +50% | +$3.5M |
|
1310
Avient
AVNT
$4.1B
| $10.2M | 0.01% |
234,517
+213,552
| +1,019% | +$9.38M |
|
1311
Upland Software
UPLD
$14.5M
| $10.2M | 0.01% |
47,087
+23,419
| +99% | +$5.14M |
|
|
LTC
1312
LTC Properties
LTC
$2.19B
| $10.2M | 0.01% |
233,593
-13,753
| -6% | -$637K |
|
|
PEI
1313
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $10.2M | 0.01% |
56,954
-53,857
| -49% | -$8.74M |
|
1314
Commault Systems
CVLT
$5.49B
| $10.1M | 0.01% |
192,361
-210,066
| -52% | -$11.6M |
|
1315
1st Source
SRCE
$2.07B
| $10.1M | 0.01% |
204,204
+157,532
| +338% | +$8M |
|
|
FARO
1316
DELISTED
Faro Technologies
FARO
| $10.1M | 0.01% |
+214,247
| New | +$10M |
|
|
PGRE
1317
DELISTED
Paramount Group
PGRE
| $10.1M | 0.01% |
634,637
+260,682
| +70% | +$4.18M |
|
1318
Enovis
ENOV
$1.47B
| $10M | 0.01% |
147,335
-239,489
| -62% | -$16.1M |
|
|
GG
1319
DELISTED
Goldcorp Inc
GG
| $10M | 0.01% |
785,896
-1,632,352
| -68% | -$21.1M |
|
|
TUP
1320
DELISTED
Tupperware Brands Corporation
TUP
| $9.98M | 0.01% |
159,210
+4,489
| +3% | +$275K |
|
1321
Element Solutions
ESI
$8.63B
| $9.97M | 0.01% |
1,005,181
-223,110
| -18% | -$2.32M |
|
|
AVNS
1322
DELISTED
Avanos Medical
AVNS
| $9.96M | 0.01% |
215,689
+111,849
| +108% | +$5.14M |
|
1323
Forward Air
FWRD
$583M
| $9.96M | 0.01% |
173,348
+32,092
| +23% | +$1.84M |
|
|
ORIG
1324
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $9.95M | 0.01% |
371,217
+356,135
| +2,361% | +$9.04M |
|
1325
Fluor
FLR
$6.8B
| $9.91M | 0.01% |
191,910
+108,251
| +129% | +$5.04M |
|
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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.