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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ZAGG
1451
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $8.39M | 0.01% |
688,149
-78,819
| -10% | -$1.23M |
|
|
BVH
1452
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $8.39M | 0.01% |
182,285
+140,324
| +334% | +$6.24M |
|
|
IO
1453
DELISTED
ION Geophysical Corporation
IO
| $8.38M | 0.01% |
309,236
+268,342
| +656% | +$6.36M |
|
1454
Ethan Allen Interiors
ETD
$595M
| $8.37M | 0.01% |
364,553
-587,570
| -62% | -$14.8M |
|
|
GNC
1455
DELISTED
GNC Holdings, Inc.
GNC
| $8.37M | 0.01% |
2,167,408
+702,150
| +48% | +$2.92M |
|
1456
Tidewater
TDW
$4.59B
| $8.36M | 0.01% |
292,361
+224,250
| +329% | +$5.98M |
|
1457
Teledyne Technologies
TDY
$29.1B
| $8.32M | 0.01% |
44,458
-68,445
| -61% | -$12.9M |
|
1458
Nordson
NDSN
$18.6B
| $8.29M | 0.01% |
60,782
-108,085
| -64% | -$15.3M |
|
|
CTRL
1459
DELISTED
Control4 Corporation
CTRL
| $8.28M | 0.01% |
385,463
+363,901
| +1,688% | +$9.74M |
|
1460
BlackRock TCP Capital
TCPC
$347M
| $8.26M | 0.01% |
580,564
-226,745
| -28% | -$3.33M |
|
|
OA
1461
DELISTED
Orbital ATK, Inc.
OA
| $8.24M | 0.01% |
62,108
+56,284
| +966% | +$7.43M |
|
|
TOWR
1462
DELISTED
Tower International, Inc.
TOWR
| $8.23M | 0.01% |
296,525
+67,751
| +30% | +$1.95M |
|
1463
CALL
Delta Air Lines
DAL
$54.5B
| $8.22M | 0.01% |
+150,000
| New | +$8.27M |
|
1464
ProShares Ultra Silver
AGQ
$1.63B
| $8.21M | 0.01% |
264,096
-56,801
| -18% | -$1.87M |
|
|
TLND
1465
DELISTED
Talend S.A. American Depositary Shares
TLND
| $8.21M | 0.01% |
170,595
-105,915
| -38% | -$4.51M |
|
1466
State Street Technology Select Sector SPDR ETF
XLK
$118B
| $8.2M | 0.01% |
250,598
-325,660
| -57% | -$10.9M |
|
|
ORAN
1467
DELISTED
Orange
ORAN
| $8.2M | 0.01% |
479,778
+422,072
| +731% | +$7.33M |
|
|
SJI
1468
DELISTED
South Jersey Industries, Inc.
SJI
| $8.19M | 0.01% |
290,899
-18,951
| -6% | -$533K |
|
|
CIO
1469
DELISTED
City Office REIT
CIO
| $8.19M | 0.01% |
708,233
+26,405
| +4% | +$301K |
|
|
RFP
1470
DELISTED
Resolute Forest Products Inc.
RFP
| $8.17M | 0.01% |
984,010
+439,383
| +81% | +$4.1M |
|
1471
PNC Financial Services
PNC
$97.4B
| $8.15M | 0.01% |
53,884
-238,359
| -82% | -$37M |
|
1472
Methanex
MEOH
$4.44B
| $8.15M | 0.01% |
134,345
+112,719
| +521% | +$6.61M |
|
1473
Sabra Healthcare REIT
SBRA
$5.28B
| $8.14M | 0.01% |
461,048
-1,328,887
| -74% | -$23.4M |
|
1474
Five Below
FIVE
$14.2B
| $8.11M | 0.01% |
110,621
-683,135
| -86% | -$46M |
|
1475
Edgewell Personal Care
EPC
$1.31B
| $8.11M | 0.01% |
166,083
-211,256
| -56% | -$11.4M |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.