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 | |
|---|---|---|---|---|---|---|
|
CNH
1451
CNH Industrial
CNH
$18.6B
| $7.26M | 0.01% |
694,712
-683,296
| -50% | -$6.89M |
|
1452
HCI Group
HCI
$2.31B
| $7.24M | 0.01% |
189,344
+181,221
| +2,231% | +$7.44M |
|
|
TLGT
1453
DELISTED
Teligent, Inc
TLGT
| $7.24M | 0.01% |
107,906
+73,410
| +213% | +$5.38M |
|
1454
CALL
PACCAR
PCAR
$68B
| $7.23M | 0.01% |
+150,000
| New | +$6.77M |
|
1455
PUT
Delta Air Lines
DAL
$55B
| $7.23M | 0.01% |
+150,000
| New | +$7.48M |
|
1456
Constellation Brands
STZ
$23.1B
| $7.23M | 0.01% |
36,239
+22,556
| +165% | +$4.46M |
|
|
SFS
1457
DELISTED
Smart & Final Stores, Inc.
SFS
| $7.22M | 0.01% |
919,236
+892,380
| +3,323% | +$6.87M |
|
1458
Amgen
AMGN
$239B
| $7.2M | 0.01% |
38,590
-4,180
| -10% | -$741K |
|
|
VALE.P
1459
DELISTED
Vale S A
VALE.P
| $7.19M | 0.01% |
768,968
+611,381
| +388% | +$5.74M |
|
1460
Nucor
NUE
$56.2B
| $7.19M | 0.01% |
128,233
-758,780
| -86% | -$42.9M |
|
|
BEST
1461
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $7.18M | 0.01% |
+30,000
| New | +$6.93M |
|
|
DYN
1462
DELISTED
Dynegy, Inc.
DYN
| $7.18M | 0.01% |
733,529
-66,087
| -8% | -$590K |
|
1463
Neurocrine Biosciences
NBIX
$15.6B
| $7.16M | 0.01% |
+116,905
| New | +$6.17M |
|
1464
Heritage Financial
HFWA
$1.18B
| $7.13M | 0.01% |
241,860
+54,910
| +29% | +$1.48M |
|
|
P
1465
Everpure Inc
P
$34.2B
| $7.13M | 0.01% |
446,103
+232,478
| +109% | +$3.19M |
|
1466
Northrop Grumman
NOC
$77.1B
| $7.12M | 0.01% |
24,749
-5,708
| -19% | -$1.54M |
|
1467
Sysco
SYY
$40B
| $7.12M | 0.01% |
131,949
+49,517
| +60% | +$2.58M |
|
1468
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$294M
| $7.12M | 0.01% |
200,000
| – | – |
|
1469
AXIS Capital
AXS
$7.25B
| $7.08M | 0.01% |
123,476
+79,699
| +182% | +$4.92M |
|
1470
Photronics
PLAB
$1.73B
| $7.07M | 0.01% |
798,356
+773,453
| +3,106% | +$6.87M |
|
|
AD
1471
Array Digital Infrastructure
AD
$3.1B
| $7.03M | 0.01% |
198,580
+67,624
| +52% | +$2.55M |
|
1472
Casella Waste Systems
CWST
$5.95B
| $7.01M | 0.01% |
372,707
+151,116
| +68% | +$2.57M |
|
|
TWOU
1473
CALL
DELISTED
2U Inc
TWOU
| $7M | 0.01% |
+4,167
| New | +$6.27M |
|
|
AVDL
1474
DELISTED
Avadel Pharmaceuticals
AVDL
| $7M | 0.01% |
666,200
-100,173
| -13% | -$956K |
|
1475
Matthews International
MATW
$671M
| $6.99M | 0.01% |
112,296
+73,209
| +187% | +$4.57M |
|
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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.