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 | |
|---|---|---|---|---|---|---|
1501
CALL
Qiagen
QGEN
$9.01B
| $5.03M | 0.01% |
+141,458
| New | +$4.78M |
|
1502
Lamar Advertising Co
LAMR
$15.4B
| $5.03M | 0.01% |
68,355
-171,971
| -72% | -$12.3M |
|
|
AD
1503
Array Digital Infrastructure
AD
$3.1B
| $5.02M | 0.01% |
130,956
+63,433
| +94% | +$2.45M |
|
1504
EnerSys
ENS
$7.01B
| $5.02M | 0.01% |
69,242
+44,879
| +184% | +$3.53M |
|
1505
Goldman Sachs
GS
$308B
| $5.02M | 0.01% |
22,611
-230,727
| -91% | -$51.3M |
|
|
CMCM
1506
Cheetah Mobile
CMCM
$94M
| $5.02M | 0.01% |
93,063
+12,275
| +15% | +$678K |
|
1507
POSCO
PKX
$18B
| $5.01M | 0.01% |
+80,098
| New | +$4.83M |
|
|
CUDA
1508
DELISTED
Barracuda Networks, Inc.
CUDA
| $5.01M | 0.01% |
217,403
-446,918
| -67% | -$9.84M |
|
1509
Shutterstock
SSTK
$205M
| $4.99M | 0.01% |
113,267
-158,801
| -58% | -$7.02M |
|
|
MDCO
1510
CALL
DELISTED
Medicines Co
MDCO
| $4.99M | 0.01% |
131,300
+111,300
| +557% | +$4.96M |
|
|
WBMD
1511
CALL
DELISTED
WebMD Health Corp.
WBMD
| $4.99M | 0.01% |
85,000
+35,000
| +70% | +$1.95M |
|
|
MBLY
1512
PUT
DELISTED
Mobileye N.V.
MBLY
| $4.97M | 0.01% |
79,200
+49,600
| +168% | +$3.08M |
|
1513
Heritage Financial
HFWA
$1.18B
| $4.95M | 0.01% |
186,950
+150,974
| +420% | +$3.79M |
|
1514
Invesco DB US Dollar Index Bullish Fund
UUP
$321M
| $4.95M | 0.01% |
200,000
+80,000
| +67% | +$2.03M |
|
|
SVC
1515
Service Properties Trust
SVC
$1.03B
| $4.95M | 0.01% |
33,942
-23,852
| -41% | -$3.64M |
|
1516
Idacorp
IDA
$7.96B
| $4.94M | 0.01% |
+57,834
| New | +$4.96M |
|
1517
MGE Energy Inc
MGEE
$2.99B
| $4.93M | 0.01% |
76,663
+67,186
| +709% | +$4.38M |
|
1518
PUT
Jack in the Box
JACK
$320M
| $4.92M | 0.01% |
+50,000
| New | +$5.16M |
|
1519
Pathward Financial
CASH
$1.74B
| $4.92M | 0.01% |
165,903
+124,929
| +305% | +$3.63M |
|
1520
Cohu
COHU
$2.4B
| $4.92M | 0.01% |
312,654
+156,026
| +100% | +$2.86M |
|
1521
Ionis Pharmaceuticals
IONS
$10.6B
| $4.92M | 0.01% |
96,719
-152,610
| -61% | -$7.11M |
|
1522
Clearwater Paper
CLW
$351M
| $4.92M | 0.01% |
105,124
+83,308
| +382% | +$4.02M |
|
1523
BRC Group Holdings
RILY
$290M
| $4.91M | 0.01% |
264,686
+251,998
| +1,986% | +$3.85M |
|
1524
Netflix
NFLX
$342B
| $4.9M | 0.01% |
327,880
-8,092,790
| -96% | -$125M |
|
1525
Oil States International
OIS
$506M
| $4.89M | 0.01% |
180,200
+5,519
| +3% | +$163K |
|
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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.