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 | |
|---|---|---|---|---|---|---|
1351
RLJ Lodging Trust
RLJ
$1.76B
| $9.59M | 0.01% |
436,643
+313,262
| +254% | +$6.81M |
|
1352
Keysight
KEYS
$54.5B
| $9.56M | 0.01% |
229,849
+177,489
| +339% | +$7.67M |
|
1353
CALL
Biogen
BIIB
$32.6B
| $9.56M | 0.01% |
+30,000
| New | +$9.62M |
|
1354
Oracle
ORCL
$417B
| $9.55M | 0.01% |
201,988
-3,261,796
| -94% | -$160M |
|
|
IPHS
1355
DELISTED
Innophos Holdings, Inc.
IPHS
| $9.54M | 0.01% |
204,174
+132,421
| +185% | +$6.18M |
|
1356
Rapid7
RPD
$818M
| $9.54M | 0.01% |
511,129
+288,392
| +129% | +$5.34M |
|
1357
CALL
Autoliv
ALV
$9.08B
| $9.53M | 0.01% |
104,100
+34,700
| +50% | +$3.14M |
|
|
CRCM
1358
DELISTED
CARE.COM, INC.
CRCM
| $9.49M | 0.01% |
526,081
+20,780
| +4% | +$364K |
|
1359
Mativ Holdings
MATV
$682M
| $9.47M | 0.01% |
208,792
+10,319
| +5% | +$448K |
|
1360
Oxford Industries
OXM
$549M
| $9.45M | 0.01% |
125,612
-303,177
| -71% | -$20.3M |
|
1361
LivePerson
LPSN
$34.2M
| $9.44M | 0.01% |
54,714
+15,296
| +39% | +$2.86M |
|
|
SFS
1362
DELISTED
Smart & Final Stores, Inc.
SFS
| $9.43M | 0.01% |
1,103,237
+184,001
| +20% | +$1.42M |
|
1363
First Bancorp
FBNC
$2.65B
| $9.43M | 0.01% |
266,986
+251,686
| +1,645% | +$9.13M |
|
1364
Vanguard Total International Bond ETF
BNDX
$83B
| $9.43M | 0.01% |
173,346
+71,577
| +70% | +$3.93M |
|
|
HTBK
1365
DELISTED
Heritage Commerce
HTBK
| $9.4M | 0.01% |
613,489
+431,652
| +237% | +$6.57M |
|
|
CBB
1366
DELISTED
Cincinnati Bell Inc.
CBB
| $9.39M | 0.01% |
450,300
+196,034
| +77% | +$3.99M |
|
1367
Avery Dennison
AVY
$13.6B
| $9.36M | 0.01% |
81,523
-74,967
| -48% | -$8.1M |
|
|
AIMC
1368
DELISTED
Altra Industrial Motion Corp
AIMC
| $9.36M | 0.01% |
185,665
+24,403
| +15% | +$1.17M |
|
|
GNBC
1369
DELISTED
Green Bancorp, Inc
GNBC
| $9.35M | 0.01% |
460,447
+247,731
| +116% | +$5.5M |
|
1370
Twilio
TWLO
$34.4B
| $9.34M | 0.01% |
395,878
+367,553
| +1,298% | +$10.3M |
|
|
PR
1371
Permian Resources
PR
$19.5B
| $9.31M | 0.01% |
+470,130
| New | +$9.13M |
|
1372
Vanguard Total Bond Market
BND
$162B
| $9.3M | 0.01% |
114,015
+23,872
| +26% | +$1.95M |
|
1373
CALL
Lowe's Companies
LOW
$120B
| $9.29M | 0.01% |
+100,000
| New | +$8.27M |
|
1374
Lattice Semiconductor
LSCC
$16.5B
| $9.29M | 0.01% |
1,606,880
+1,535,699
| +2,157% | +$9M |
|
1375
CALL
Danaher
DHR
$152B
| $9.28M | 0.01% |
+112,800
| New | +$9.17M |
|
Similar funds
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.