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 | |
|---|---|---|---|---|---|---|
1401
Terex
TEX
$7.45B
| $5.91M | 0.01% |
157,463
+78,359
| +99% | +$2.65M |
|
1402
PUT
Transocean
RIG
$6.42B
| $5.9M | 0.01% |
748,000
-150,000
| -17% | -$1.53M |
|
|
ADMS
1403
DELISTED
Adamas Pharmaceuticals
ADMS
| $5.9M | 0.01% |
337,376
-105,691
| -24% | -$1.75M |
|
1404
CALL
Nike
NKE
$58.6B
| $5.9M | 0.01% |
+100,000
| New | +$5.39M |
|
|
SUPV
1405
Grupo Supervielle
SUPV
$769M
| $5.89M | 0.01% |
325,846
-13,579
| -4% | -$233K |
|
1406
CVS Health
CVS
$119B
| $5.89M | 0.01% |
73,207
-866,027
| -92% | -$68.4M |
|
1407
Diodes
DIOD
$4.28B
| $5.84M | 0.01% |
243,102
-5,578
| -2% | -$138K |
|
1408
Vanguard Total Bond Market
BND
$162B
| $5.84M | 0.01% |
71,317
+34,122
| +92% | +$2.79M |
|
1409
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $5.83M | 0.01% |
48,422
-93,701
| -66% | -$11.2M |
|
|
JOBS
1410
DELISTED
51job Inc
JOBS
| $5.83M | 0.01% |
130,292
+11,750
| +10% | +$499K |
|
1411
PUT
Viatris
VTRS
$19.2B
| $5.82M | 0.01% |
+150,000
| New | +$5.76M |
|
1412
Acco Brands
ACCO
$389M
| $5.81M | 0.01% |
498,479
-364,158
| -42% | -$4.53M |
|
1413
Celestica
CLS
$38.7B
| $5.8M | 0.01% |
427,204
-273,987
| -39% | -$3.84M |
|
1414
TC Energy
TRP
$64.4B
| $5.79M | 0.01% |
121,569
-225,080
| -65% | -$10.6M |
|
1415
Las Vegas Sands
LVS
$30.6B
| $5.78M | 0.01% |
90,533
-239,434
| -73% | -$14.4M |
|
1416
White Mountains Insurance
WTM
$5.11B
| $5.72M | 0.01% |
6,583
+5,359
| +438% | +$4.65M |
|
1417
Jazz Pharmaceuticals
JAZZ
$16.9B
| $5.71M | 0.01% |
36,749
-113,650
| -76% | -$17.4M |
|
1418
Fortuna Silver Mines
FSM
$3.68B
| $5.71M | 0.01% |
1,167,004
+878,525
| +305% | +$4.22M |
|
|
VGR
1419
DELISTED
Vector Group Ltd.
VGR
| $5.7M | 0.01% |
436,457
+226,763
| +108% | +$2.98M |
|
1420
Sensient Technologies
SXT
$5.82B
| $5.69M | 0.01% |
70,628
-105,152
| -60% | -$8.49M |
|
1421
Ally Financial
ALLY
$13B
| $5.68M | 0.01% |
271,892
-105,453
| -28% | -$2.07M |
|
1422
Shopify
SHOP
$198B
| $5.68M | 0.01% |
653,990
+309,040
| +90% | +$2.61M |
|
|
HT
1423
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $5.67M | 0.01% |
306,093
+111,297
| +57% | +$2.09M |
|
1424
Central Garden & Pet Co Class A
CENTA
$2.39B
| $5.66M | 0.01% |
235,773
+24,482
| +12% | +$626K |
|
1425
Dave & Buster's
PLAY
$350M
| $5.66M | 0.01% |
85,041
-431,138
| -84% | -$28.2M |
|
Similar funds
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.