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 | |
|---|---|---|---|---|---|---|
1426
AngioDynamics
ANGO
$659M
| $5.65M | 0.01% |
348,336
+37,807
| +12% | +$598K |
|
|
KEM
1427
DELISTED
KEMET Corporation
KEM
| $5.64M | 0.01% |
440,898
-176,623
| -29% | -$2.24M |
|
1428
Aflac
AFL
$58.2B
| $5.64M | 0.01% |
145,186
+121,640
| +517% | +$4.57M |
|
1429
Archer Daniels Midland
ADM
$38.2B
| $5.62M | 0.01% |
135,915
+25,677
| +23% | +$1.1M |
|
1430
Selective Insurance
SIGI
$5.47B
| $5.62M | 0.01% |
+112,209
| New | +$5.54M |
|
1431
Stanley Black & Decker
SWK
$14.9B
| $5.61M | 0.01% |
39,854
+34,693
| +672% | +$4.76M |
|
|
MNK
1432
CALL
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $5.6M | 0.01% |
+125,000
| New | +$5.48M |
|
|
SYKE
1433
DELISTED
SYKES Enterprises Inc
SYKE
| $5.6M | 0.01% |
166,910
-55,520
| -25% | -$1.76M |
|
1434
PUT
Ford
F
$55.6B
| $5.59M | 0.01% |
+500,000
| New | +$5.58M |
|
1435
TriCo Bancshares
TCBK
$1.72B
| $5.59M | 0.01% |
159,107
+37,647
| +31% | +$1.33M |
|
1436
Travere Therapeutics
TVTX
$6.32B
| $5.59M | 0.01% |
288,098
-328,865
| -53% | -$5.96M |
|
|
VRTU
1437
DELISTED
Virtusa Corporation
VRTU
| $5.58M | 0.01% |
+189,890
| New | +$5.58M |
|
1438
Strategy Inc
MSTR
$50.4B
| $5.58M | 0.01% |
291,110
+21,970
| +8% | +$408K |
|
1439
Super Micro Computer
SMCI
$24.9B
| $5.57M | 0.01% |
2,260,240
+341,820
| +18% | +$836K |
|
1440
US Bancorp
USB
$97.2B
| $5.56M | 0.01% |
107,053
+80,239
| +299% | +$4.13M |
|
|
VRE
1441
DELISTED
Veris Residential
VRE
| $5.55M | 0.01% |
204,596
-34,678
| -14% | -$951K |
|
1442
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $5.55M | 0.01% |
48,513
+3,511
| +8% | +$403K |
|
1443
Forrester Research
FORR
$229M
| $5.55M | 0.01% |
141,679
+104,056
| +277% | +$4.12M |
|
1444
CALL
Boston Scientific
BSX
$72.3B
| $5.54M | 0.01% |
+200,000
| New | +$5.31M |
|
1445
AdvanSix
ASIX
$442M
| $5.54M | 0.01% |
177,441
+55,222
| +45% | +$1.57M |
|
1446
RH
RH
$2.67B
| $5.54M | 0.01% |
85,840
-1,200,951
| -93% | -$63.5M |
|
1447
TD Synnex
SNX
$20.1B
| $5.5M | 0.01% |
91,682
+34,962
| +62% | +$1.96M |
|
|
MODV
1448
DELISTED
ModivCare
MODV
| $5.5M | 0.01% |
108,640
-37,685
| -26% | -$1.73M |
|
|
NVTA
1449
DELISTED
Invitae Corporation
NVTA
| $5.48M | 0.01% |
572,967
-63,818
| -10% | -$630K |
|
1450
Eldorado Gold
EGO
$12.6B
| $5.47M | 0.01% |
414,711
+306,488
| +283% | +$4.99M |
|
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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.