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 | |
|---|---|---|---|---|---|---|
1401
Vanguard Extended Market ETF
VXF
$31.5B
| $8.89M | 0.01% |
+79,600
| New | +$8.72M |
|
1402
Bio-Techne
TECH
$11.3B
| $8.89M | 0.01% |
274,388
-332,952
| -55% | -$10.6M |
|
|
CIO
1403
DELISTED
City Office REIT
CIO
| $8.87M | 0.01% |
681,828
+491,383
| +258% | +$6.44M |
|
1404
A.O. Smith
AOS
$8.45B
| $8.87M | 0.01% |
144,710
-370,248
| -72% | -$22.5M |
|
1405
McKesson
MCK
$106B
| $8.84M | 0.01% |
+56,695
| New | +$8.4M |
|
|
AYX
1406
DELISTED
Alteryx Inc
AYX
| $8.84M | 0.01% |
349,792
+31,185
| +10% | +$752K |
|
|
CLDT
1407
Chatham Lodging
CLDT
$642M
| $8.83M | 0.01% |
+387,935
| New | +$8.69M |
|
1408
Bausch Health
BHC
$2.52B
| $8.82M | 0.01% |
424,413
-1,466,657
| -78% | -$23.3M |
|
|
LTXB
1409
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $8.8M | 0.01% |
208,610
+63,867
| +44% | +$2.56M |
|
|
FOE
1410
DELISTED
Ferro Corporation
FOE
| $8.8M | 0.01% |
373,074
-450,464
| -55% | -$10.7M |
|
1411
Cenovus Energy
CVE
$56.7B
| $8.79M | 0.01% |
963,344
+5,626
| +0.6% | +$54.6K |
|
1412
Vanguard S&P 500 ETF
VOO
$1.02T
| $8.79M | 0.01% |
35,827
+8,159
| +29% | +$1.95M |
|
1413
Photronics
PLAB
$1.73B
| $8.78M | 0.01% |
1,030,270
+231,914
| +29% | +$2.12M |
|
|
TCO
1414
DELISTED
Taubman Centers Inc.
TCO
| $8.76M | 0.01% |
+133,935
| New | +$7.36M |
|
1415
Central Garden & Pet Co Class A
CENTA
$2.39B
| $8.76M | 0.01% |
290,351
+167,631
| +137% | +$4.96M |
|
|
WCC
1416
WESCO International
WCC
$16.5B
| $8.76M | 0.01% |
128,526
+41,503
| +48% | +$2.59M |
|
|
ENIA
1417
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $8.72M | 0.01% |
781,087
+294,615
| +61% | +$3.07M |
|
|
SYNT
1418
DELISTED
Syntel Inc
SYNT
| $8.71M | 0.01% |
378,959
-1,380,675
| -78% | -$32.7M |
|
|
LOMA
1419
Loma Negra
LOMA
$1.14B
| $8.71M | 0.01% |
+378,021
| New | +$8.33M |
|
|
PGEM
1420
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $8.71M | 0.01% |
470,754
+319,261
| +211% | +$5.54M |
|
|
BRSS
1421
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $8.7M | 0.01% |
262,926
-32,302
| -11% | -$1.1M |
|
1422
Dollar General
DG
$27B
| $8.69M | 0.01% |
+93,475
| New | +$8.04M |
|
1423
Constellium
CSTM
$3.67B
| $8.64M | 0.01% |
774,630
+346,529
| +81% | +$3.69M |
|
|
TRST
1424
Trustco Bank Corp NY
TRST
$969M
| $8.64M | 0.01% |
187,732
-56,370
| -23% | -$2.57M |
|
1425
Pampa Energía
PAM
$4.28B
| $8.63M | 0.01% |
128,269
+27,775
| +28% | +$1.83M |
|
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.