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 | |
|---|---|---|---|---|---|---|
1451
OceanFirst Financial
OCFC
$1.82B
| $8.25M | 0.01% |
314,323
+238,373
| +314% | +$6.49M |
|
1452
Adtran
ADTN
$653M
| $8.21M | 0.01% |
424,553
-8,975
| -2% | -$199K |
|
1453
Kosmos Energy
KOS
$1.63B
| $8.21M | 0.01% |
1,198,836
+785,066
| +190% | +$5.98M |
|
1454
SPX Corp
SPXC
$10.1B
| $8.2M | 0.01% |
+261,111
| New | +$7.92M |
|
1455
Financial Institutions
FISI
$800M
| $8.19M | 0.01% |
263,431
+6,494
| +3% | +$204K |
|
1456
Zurn Elkay Water Solutions
ZWS
$8.1B
| $8.19M | 0.01% |
653,240
-2,045,996
| -76% | -$24.7M |
|
|
EXAC
1457
DELISTED
Exactech Inc
EXAC
| $8.19M | 0.01% |
165,542
+105,968
| +178% | +$4.47M |
|
1458
Primerica
PRI
$9.16B
| $8.17M | 0.01% |
80,458
+46,585
| +138% | +$4.44M |
|
|
EDR
1459
DELISTED
Education Realty Trust Inc
EDR
| $8.16M | 0.01% |
233,579
+73,694
| +46% | +$2.66M |
|
|
ACGN
1460
DELISTED
Aceragen Inc
ACGN
| $8.13M | 0.01% |
28,369
+16,345
| +136% | +$4.67M |
|
|
AGEN
1461
Agenus
AGEN
$376M
| $8.13M | 0.01% |
127,004
-34,676
| -21% | -$2.65M |
|
1462
iShares TIPS Bond ETF
TIP
$15.1B
| $8.12M | 0.01% |
71,210
+24,674
| +53% | +$2.81M |
|
1463
Vishay Precision Group
VPG
$859M
| $8.12M | 0.01% |
322,942
+154,400
| +92% | +$3.91M |
|
1464
Exponent
EXPO
$3.33B
| $8.11M | 0.01% |
227,996
+193,300
| +557% | +$7.1M |
|
1465
Green Plains
GPRE
$1.03B
| $8.11M | 0.01% |
481,009
-1,574,165
| -77% | -$27.7M |
|
1466
Essential Utilities
WTRG
$11.6B
| $8.1M | 0.01% |
+206,512
| New | +$7.53M |
|
1467
Match Group
MTCH
$9.68B
| $8.08M | 0.01% |
258,182
-624,415
| -71% | -$17.5M |
|
|
CPRX
1468
DELISTED
Catalyst Pharmaceutical
CPRX
| $8.08M | 0.01% |
+2,066,880
| New | +$6.83M |
|
1469
iShares Russell 2000 Value ETF
IWN
$14.6B
| $8.08M | 0.01% |
64,264
+59,803
| +1,341% | +$7.48M |
|
1470
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $8.08M | 0.01% |
69,577
+39,709
| +133% | +$4.59M |
|
1471
CALL
Medtronic
MDT
$117B
| $8.07M | 0.01% |
100,000
+50,000
| +100% | +$4M |
|
1472
Central Garden & Pet Co
CENT
$2.77B
| $8.06M | 0.01% |
258,960
+229,539
| +780% | +$7.03M |
|
1473
Myriad Genetics
MYGN
$305M
| $8.05M | 0.01% |
234,476
-327,480
| -58% | -$11M |
|
1474
Illinois Tool Works
ITW
$80.2B
| $8.05M | 0.01% |
48,249
+25,328
| +111% | +$4.04M |
|
|
TDAY
1475
USA Today Co
TDAY
$953M
| $8.03M | 0.01% |
478,754
+179,300
| +60% | +$2.91M |
|
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.