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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Financials | 12.22% |
| 3 | Technology | 12.2% |
| 4 | Industrials | 9.84% |
| 5 | Consumer Discretionary | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Triumph Financial Inc
TFIN
$1.76B
| $6.3M | 0.01% |
256,645
+217,161
| +550% | +$5.03M |
|
|
EPAY
1352
DELISTED
Bottomline Technologies Inc
EPAY
| $6.29M | 0.01% |
244,810
+172,105
| +237% | +$4.22M |
|
1353
Planet Fitness
PLNT
$3.97B
| $6.28M | 0.01% |
269,228
+216,553
| +411% | +$4.54M |
|
|
ALOG
1354
DELISTED
Analogic Corp
ALOG
| $6.26M | 0.01% |
86,227
+56,686
| +192% | +$4.06M |
|
1355
AT&T
T
$177B
| $6.25M | 0.01% |
+219,356
| New | +$6.47M |
|
1356
Regeneron Pharmaceuticals
REGN
$85.8B
| $6.25M | 0.01% |
+12,725
| New | +$5.57M |
|
|
TRVG
1357
trivago
TRVG
$389M
| $6.24M | 0.01% |
52,779
-94,632
| -64% | -$8.3M |
|
|
TCF
1358
DELISTED
TCF Financial Corporation
TCF
| $6.24M | 0.01% |
+391,314
| New | +$6.3M |
|
1359
First Financial Bancorp
FFBC
$3.43B
| $6.21M | 0.01% |
224,031
-247,816
| -53% | -$6.66M |
|
|
NGHC
1360
DELISTED
National General Holdings Corp
NGHC
| $6.2M | 0.01% |
293,899
+146,799
| +100% | +$3.24M |
|
|
DBVT
1361
DBV Technologies
DBVT
$941M
| $6.2M | 0.01% |
17,362
+5,584
| +47% | +$1.91M |
|
1362
BBVA Argentina
BBAR
$3.02B
| $6.19M | 0.01% |
327,176
+23,514
| +8% | +$439K |
|
1363
Salesforce
CRM
$168B
| $6.16M | 0.01% |
71,103
-1,226,885
| -95% | -$107M |
|
1364
CALL
Exelixis
EXEL
$14.1B
| $6.16M | 0.01% |
250,000
-100,000
| -29% | -$2.12M |
|
|
MBFI
1365
DELISTED
MB Financial Corp
MBFI
| $6.16M | 0.01% |
139,793
-61,395
| -31% | -$2.62M |
|
1366
Phibro Animal Health
PAHC
$1.46B
| $6.13M | 0.01% |
165,421
+25,893
| +19% | +$845K |
|
|
APTS
1367
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $6.12M | 0.01% |
388,721
+331,350
| +578% | +$5.01M |
|
1368
Coherent
COHR
$56.4B
| $6.11M | 0.01% |
178,033
+141,434
| +386% | +$4.58M |
|
1369
Arch Capital
ACGL
$34.3B
| $6.09M | 0.01% |
+195,831
| New | +$6.21M |
|
1370
Chegg
CHGG
$87.9M
| $6.09M | 0.01% |
495,444
+370,930
| +298% | +$4.03M |
|
1371
Ascendis Pharma A/S
ASND
$16.6B
| $6.08M | 0.01% |
218,941
+80,558
| +58% | +$2.13M |
|
|
RDUS
1372
DELISTED
Radius Recycling
RDUS
| $6.07M | 0.01% |
240,965
-50,517
| -17% | -$999K |
|
|
MSFG
1373
DELISTED
MainSource Financial Group Inc
MSFG
| $6.07M | 0.01% |
181,204
+95,937
| +113% | +$3.18M |
|
|
MTSC
1374
DELISTED
MTS Systems Corp
MTSC
| $6.07M | 0.01% |
117,185
+54,200
| +86% | +$2.76M |
|
1375
Grupo Aeroportuario Centro Norte
OMAB
$5.03B
| $6.07M | 0.01% |
125,973
+8,180
| +7% | +$364K |
|
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Israel Englander's Q2 2017 Portfolio in Review
As of Q2 2017, Israel Englander held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Israel Englander's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Israel Englander added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Israel Englander's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Israel Englander fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Israel Englander's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Israel Englander opened 803 new positions and closed 840 in Q2 2017.
- Israel Englander's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.