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 | |
|---|---|---|---|---|---|---|
|
RDS.A
126
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $116M | 0.16% |
1,732,889
-46,593
| -3% | -$2.94M |
|
127
FirstEnergy
FE
$26.6B
| $115M | 0.16% |
3,741,300
+1,811,350
| +94% | +$58.9M |
|
128
Intercontinental Exchange
ICE
$90.5B
| $114M | 0.16% |
1,613,351
+570,492
| +55% | +$39.2M |
|
129
American Tower
AMT
$81.9B
| $113M | 0.16% |
789,005
-374,257
| -32% | -$53.4M |
|
130
Viasat
VSAT
$10.3B
| $112M | 0.15% |
1,499,844
-282,696
| -16% | -$19.6M |
|
|
WFT
131
DELISTED
Weatherford International plc
WFT
| $112M | 0.15% |
26,898,483
+10,231,520
| +61% | +$37.7M |
|
|
CZR
132
DELISTED
Caesars Entertainment Corporation
CZR
| $112M | 0.15% |
8,861,885
+5,091,942
| +135% | +$64.6M |
|
133
ICU Medical
ICUI
$4.57B
| $112M | 0.15% |
516,693
+158,913
| +44% | +$32.2M |
|
134
Matador Resources
MTDR
$7.22B
| $111M | 0.15% |
3,570,281
+1,176,599
| +49% | +$32.3M |
|
|
RTN
135
DELISTED
Raytheon Company
RTN
| $111M | 0.15% |
591,173
+295,616
| +100% | +$55.1M |
|
136
Wells Fargo
WFC
$254B
| $111M | 0.15% |
1,825,560
+878,730
| +93% | +$49.6M |
|
137
Hartford Financial Services
HIG
$36.9B
| $110M | 0.15% |
1,958,892
+267,950
| +16% | +$14.9M |
|
138
Exelon
EXC
$45.1B
| $110M | 0.15% |
3,913,693
+736,511
| +23% | +$21.2M |
|
139
Brixmor Property Group
BRX
$8.99B
| $109M | 0.15% |
5,833,012
+41,579
| +0.7% | +$760K |
|
140
Bankunited
BKU
$3.3B
| $108M | 0.15% |
2,663,458
-2,011,179
| -43% | -$73.2M |
|
|
KSU
141
DELISTED
Kansas City Southern
KSU
| $108M | 0.15% |
1,029,140
+418,593
| +69% | +$44.6M |
|
142
Amazon
AMZN
$2.79T
| $107M | 0.15% |
1,836,920
+781,080
| +74% | +$43M |
|
143
Cognizant
CTSH
$27.9B
| $107M | 0.15% |
1,512,077
+687,626
| +83% | +$50.3M |
|
|
AGN
144
DELISTED
Allergan plc
AGN
| $107M | 0.15% |
651,755
+479,174
| +278% | +$86M |
|
145
Canadian Pacific Kansas City
CP
$85B
| $107M | 0.15% |
2,914,385
+511,895
| +21% | +$17.8M |
|
|
BNY
146
Bank of New York Mellon
BNY
$108B
| $106M | 0.15% |
1,974,550
+1,406,475
| +248% | +$74.9M |
|
|
HPP
147
Hudson Pacific Properties
HPP
$787M
| $106M | 0.15% |
442,166
+93,643
| +27% | +$22.5M |
|
148
Apple
AAPL
$4.51T
| $106M | 0.15% |
2,497,728
-421,056
| -14% | -$17.6M |
|
149
Highwoods Properties
HIW
$3.46B
| $105M | 0.15% |
2,072,209
+1,066,082
| +106% | +$54.9M |
|
150
Medtronic
MDT
$119B
| $105M | 0.14% |
1,297,256
+462,158
| +55% | +$37M |
|
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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.