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 | |
|---|---|---|---|---|---|---|
|
PIR
1426
DELISTED
Pier 1 Imports, Inc.
PIR
| $7.57M | 0.01% |
90,340
+8,865
| +11% | +$793K |
|
1427
RTX Corp
RTX
$283B
| $7.56M | 0.01% |
103,463
-665,878
| -87% | -$49.3M |
|
1428
Rogers Communications
RCI
$19.8B
| $7.56M | 0.01% |
146,619
+95,242
| +185% | +$4.87M |
|
1429
NovoCure
NVCR
$2.05B
| $7.55M | 0.01% |
+380,359
| New | +$7.48M |
|
|
EVBG
1430
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $7.53M | 0.01% |
284,932
+196,226
| +221% | +$4.59M |
|
1431
Expro Ltd
XPRO
$1.98B
| $7.52M | 0.01% |
162,420
+129,266
| +390% | +$5.79M |
|
1432
Harmony Gold Mining
HMY
$14.3B
| $7.51M | 0.01% |
4,106,535
-208,580
| -5% | -$382K |
|
1433
Healthcare Realty
HR
$6.65B
| $7.51M | 0.01% |
252,197
-325,498
| -56% | -$9.89M |
|
|
PMT
1434
PennyMac Mortgage Investment
PMT
$810M
| $7.51M | 0.01% |
432,023
+168,746
| +64% | +$2.94M |
|
1435
Boston Beer
SAM
$1.95B
| $7.51M | 0.01% |
48,099
+18,449
| +62% | +$2.7M |
|
1436
Urban Edge Properties
UE
$2.74B
| $7.51M | 0.01% |
311,456
-393,124
| -56% | -$9.75M |
|
1437
Inovio Pharmaceuticals
INO
$133M
| $7.5M | 0.01% |
98,630
+28,358
| +40% | +$2.11M |
|
|
ASRT
1438
DELISTED
Assertio
ASRT
| $7.5M | 0.01% |
21,579
+14,810
| +219% | +$6.98M |
|
|
TLND
1439
DELISTED
Talend S.A. American Depositary Shares
TLND
| $7.5M | 0.01% |
183,073
+129,317
| +241% | +$4.98M |
|
1440
Invesco Senior Loan ETF
BKLN
$6.78B
| $7.47M | 0.01% |
322,410
| – | – |
|
1441
Xerox
XRX
$387M
| $7.45M | 0.01% |
223,924
-494,643
| -69% | -$15.6M |
|
1442
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.54B
| $7.42M | 0.01% |
230,291
+11,643
| +5% | +$378K |
|
1443
Financial Institutions
FISI
$800M
| $7.4M | 0.01% |
256,937
+45,002
| +21% | +$1.27M |
|
1444
Vanguard Total Bond Market
BND
$162B
| $7.39M | 0.01% |
90,143
+18,826
| +26% | +$1.54M |
|
|
SAFE
1445
DELISTED
Safehold Inc.
SAFE
| $7.39M | 0.01% |
396,239
-152,406
| -28% | -$2.93M |
|
|
CIVI
1446
DELISTED
Civitas Resources
CIVI
| $7.38M | 0.01% |
+223,587
| New | +$6.37M |
|
1447
Atlanta Braves Holdings Series B
BATRK
$3.4B
| $7.36M | 0.01% |
+291,311
| New | +$7.19M |
|
1448
Archrock
AROC
$5.38B
| $7.34M | 0.01% |
585,074
-165,001
| -22% | -$1.79M |
|
|
UNIT
1449
Uniti Group
UNIT
$2.45B
| $7.34M | 0.01% |
500,435
-17,860
| -3% | -$377K |
|
1450
Otter Tail
OTTR
$3.83B
| $7.31M | 0.01% |
168,720
+82,604
| +96% | +$3.42M |
|
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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.