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 | |
|---|---|---|---|---|---|---|
126
Advanced Micro Devices
AMD
$773B
| $91.9M | 0.16% |
7,360,660
+5,246,392
| +248% | +$64.1M |
|
|
TWX
127
DELISTED
Time Warner Inc
TWX
| $91.5M | 0.16% |
911,748
+408,664
| +81% | +$40.5M |
|
128
Hyatt Hotels
H
$17B
| $91.5M | 0.16% |
1,627,847
+206,999
| +15% | +$11.7M |
|
129
Jack in the Box
JACK
$331M
| $90M | 0.16% |
913,852
+767,491
| +524% | +$79.2M |
|
|
ATH
130
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $90M | 0.16% |
1,813,577
+197,653
| +12% | +$10.1M |
|
131
Norfolk Southern
NSC
$78.8B
| $88.9M | 0.16% |
730,671
-621,324
| -46% | -$73M |
|
132
HP
HPQ
$27.2B
| $88.7M | 0.16% |
5,073,176
-2,029,545
| -29% | -$37.3M |
|
|
BCR
133
DELISTED
CR Bard Inc.
BCR
| $88.6M | 0.16% |
280,359
+141,453
| +102% | +$42M |
|
134
Mohawk Industries
MHK
$9.23B
| $88.6M | 0.16% |
366,518
+8,516
| +2% | +$2.01M |
|
|
QEP
135
DELISTED
QEP RESOURCES, INC.
QEP
| $87.2M | 0.16% |
8,631,391
+2,325,285
| +37% | +$25.2M |
|
136
Exelon
EXC
$45.1B
| $86.6M | 0.15% |
3,365,599
+2,406,711
| +251% | +$61.2M |
|
137
Microchip Technology
MCHP
$41.3B
| $86.3M | 0.15% |
2,237,630
+1,174,448
| +110% | +$46.2M |
|
138
Yum! Brands
YUM
$41.8B
| $85.6M | 0.15% |
1,159,953
-1,190,316
| -51% | -$82.8M |
|
|
TPH
139
DELISTED
Tri Pointe Homes
TPH
| $85.4M | 0.15% |
6,477,021
+163,377
| +3% | +$2.04M |
|
140
OGE Energy
OGE
$9.42B
| $85.4M | 0.15% |
2,454,847
+1,502,515
| +158% | +$52.6M |
|
141
US Foods
USFD
$23.7B
| $85.3M | 0.15% |
3,134,178
+2,031,051
| +184% | +$57.8M |
|
142
Alkermes
ALKS
$8.11B
| $85M | 0.15% |
1,466,313
-148,775
| -9% | -$8.64M |
|
|
EGN
143
DELISTED
Energen
EGN
| $84.8M | 0.15% |
1,718,547
-299,417
| -15% | -$16M |
|
144
Chord Energy
CHRD
$8.09B
| $84.5M | 0.15% |
10,491,660
+5,099,831
| +95% | +$55.8M |
|
|
SFR
145
DELISTED
Starwood Waypoint Homes
SFR
| $84.4M | 0.15% |
2,459,982
+996,648
| +68% | +$34.4M |
|
146
Phillips 66
PSX
$96.9B
| $84M | 0.15% |
1,015,279
+961,312
| +1,781% | +$75.5M |
|
147
Quanta Services
PWR
$96.1B
| $83.8M | 0.15% |
2,545,565
-1,182,697
| -32% | -$39.4M |
|
|
INXN
148
DELISTED
Interxion Holding N.V.
INXN
| $83.3M | 0.15% |
1,819,160
+175,103
| +11% | +$7.56M |
|
149
SM Energy
SM
$8.85B
| $83.1M | 0.15% |
5,027,367
-354,436
| -7% | -$7.03M |
|
150
First Industrial Realty Trust
FR
$8.34B
| $82.9M | 0.15% |
2,897,816
-700,372
| -19% | -$20M |
|
Similar funds
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.