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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Stellantis
STLA
$19.8B
| $8.1M | 0.01% |
452,442
-371,696
| -45% | -$5.14M |
|
1377
Clean Harbors
CLH
$16.3B
| $8.1M | 0.01% |
142,771
+110,405
| +341% | +$6.01M |
|
1378
Q2 Holdings
QTWO
$3.98B
| $8.09M | 0.01% |
194,135
+55,194
| +40% | +$2.16M |
|
1379
Forward Air
FWRD
$588M
| $8.08M | 0.01% |
141,256
+131,648
| +1,370% | +$6.95M |
|
1380
Golub Capital BDC
GBDC
$3.4B
| $8.06M | 0.01% |
437,057
+281,935
| +182% | +$5.26M |
|
1381
Union Pacific
UNP
$184B
| $8.06M | 0.01% |
69,470
-878,523
| -93% | -$94.2M |
|
1382
Option Care Health
OPCH
$3.54B
| $8.05M | 0.01% |
731,471
+570,190
| +354% | +$6.44M |
|
1383
First Commonwealth Financial
FCF
$2.09B
| $8.04M | 0.01% |
569,174
-95,876
| -14% | -$1.24M |
|
|
CRCM
1384
DELISTED
CARE.COM, INC.
CRCM
| $8.03M | 0.01% |
505,301
+289,364
| +134% | +$4.29M |
|
|
LPNT
1385
DELISTED
LifePoint Health, Inc.
LPNT
| $8.03M | 0.01% |
138,673
+80,299
| +138% | +$4.78M |
|
1386
Universal Insurance Holdings
UVE
$1.2B
| $8.03M | 0.01% |
349,025
+233,722
| +203% | +$5.3M |
|
1387
Stoneridge
SRI
$205M
| $8.02M | 0.01% |
404,800
+171,287
| +73% | +$2.84M |
|
1388
LivePerson
LPSN
$34.2M
| $8.01M | 0.01% |
39,418
+14,493
| +58% | +$2.78M |
|
|
MIK
1389
DELISTED
Michaels Stores, Inc
MIK
| $8.01M | 0.01% |
372,940
-495,259
| -57% | -$10.1M |
|
|
WW
1390
DELISTED
WW International
WW
| $8M | 0.01% |
183,683
-181,778
| -50% | -$7.55M |
|
1391
Netflix
NFLX
$342B
| $7.99M | 0.01% |
440,450
+112,570
| +34% | +$1.96M |
|
|
JCP
1392
DELISTED
J.C. Penney Company, Inc.
JCP
| $7.96M | 0.01% |
+2,088,561
| New | +$9.24M |
|
1393
BorgWarner
BWA
$13.3B
| $7.94M | 0.01% |
176,078
-831,309
| -83% | -$33.9M |
|
1394
Chevron
CVX
$392B
| $7.92M | 0.01% |
67,448
-346,095
| -84% | -$37.8M |
|
|
ETFC
1395
PUT
DELISTED
E*Trade Financial Corporation
ETFC
| $7.88M | 0.01% |
+180,700
| New | +$7.34M |
|
|
TGE
1396
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $7.87M | 0.01% |
278,489
+200,288
| +256% | +$5.19M |
|
1397
Adecoagro
AGRO
$1.59B
| $7.85M | 0.01% |
727,050
+522,439
| +255% | +$5.23M |
|
1398
CALL
McDonald's
MCD
$190B
| $7.83M | 0.01% |
+50,000
| New | +$7.84M |
|
1399
HealthEquity
HQY
$8.81B
| $7.83M | 0.01% |
+154,821
| New | +$7.21M |
|
|
CHUY
1400
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $7.83M | 0.01% |
372,023
+328,423
| +753% | +$6.97M |
|
Similar funds
Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.