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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
EA
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.09% |
| 2 | Financials | 12.89% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.65% |
| 5 | Industrials | 9.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
RB Global
RBA
$15.7B
| $7.5M | 0.01% |
207,536
+137,111
| +195% | +$4.9M |
|
|
TFCF
1502
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $7.5M | 0.01% |
+163,646
| New | +$7.42M |
|
1503
CALL
Honeywell
HON
$68.4B
| $7.49M | 0.01% |
49,815
| – | – |
|
1504
Veracyte
VCYT
$3.54B
| $7.48M | 0.01% |
783,689
-78,147
| -9% | -$862K |
|
1505
Provident Financial Services
PFS
$3.06B
| $7.48M | 0.01% |
304,648
+294,061
| +2,778% | +$7.63M |
|
1506
Primerica
PRI
$9.16B
| $7.48M | 0.01% |
+62,016
| New | +$7.19M |
|
1507
Prospect Capital
PSEC
$1.2B
| $7.46M | 0.01% |
1,018,350
-8,466
| -0.8% | -$59.9K |
|
1508
iShares Biotechnology ETF
IBB
$10.9B
| $7.46M | 0.01% |
61,207
-51,055
| -45% | -$6.01M |
|
1509
CALL
Intuitive Surgical
ISRG
$131B
| $7.46M | 0.01% |
39,000
-126,000
| -76% | -$22.4M |
|
|
PEGI
1510
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $7.45M | 0.01% |
374,895
+218,032
| +139% | +$4.21M |
|
|
FRGI
1511
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $7.44M | 0.01% |
278,266
+191,310
| +220% | +$5.49M |
|
1512
PUT
Molina Healthcare
MOH
$10.4B
| $7.43M | 0.01% |
+50,000
| New | +$6.38M |
|
|
EXPR
1513
DELISTED
Express, Inc.
EXPR
| $7.42M | 0.01% |
33,565
+32,664
| +3,625% | +$6.68M |
|
|
CISN
1514
DELISTED
Cision Ltd. Ordinary Share
CISN
| $7.42M | 0.01% |
+441,411
| New | +$7.27M |
|
1515
Ingersoll Rand
IR
$30.5B
| $7.4M | 0.01% |
261,091
-737,460
| -74% | -$20.7M |
|
1516
Pfizer
PFE
$163B
| $7.39M | 0.01% |
176,791
-272,579
| -61% | -$10.5M |
|
1517
CALL
iShares China Large-Cap ETF
FXI
$4.24B
| $7.39M | 0.01% |
172,500
+150,000
| +667% | +$6.35M |
|
1518
Enbridge
ENB
$109B
| $7.37M | 0.01% |
228,369
-205,879
| -47% | -$7.19M |
|
1519
Starbucks
SBUX
$121B
| $7.37M | 0.01% |
129,619
+42,219
| +48% | +$2.23M |
|
1520
PUT
Charter Communications
CHTR
$18.5B
| $7.37M | 0.01% |
+22,600
| New | +$6.9M |
|
|
PRA
1521
DELISTED
ProAssurance
PRA
| $7.34M | 0.01% |
156,421
-197,062
| -56% | -$8.67M |
|
|
RSX
1522
PUT
DELISTED
VanEck Russia ETF
RSX
| $7.34M | 0.01% |
340,500
+300,000
| +741% | +$6.21M |
|
|
SVC
1523
Service Properties Trust
SVC
$1.03B
| $7.33M | 0.01% |
50,813
-73,414
| -59% | -$10.5M |
|
1524
T-Mobile US
TMUS
$195B
| $7.33M | 0.01% |
104,404
-157,113
| -60% | -$10.1M |
|
1525
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $7.32M | 0.01% |
27,692
+23,358
| +539% | +$5.98M |
|
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Israel Englander's Q3 2018 Portfolio in Review
As of Q3 2018, Israel Englander held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Israel Englander's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Financials and Healthcare.
- Israel Englander's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Israel Englander added most to Andeavor in Q3 2018, an estimated $1B increase.
- Israel Englander's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Israel Englander fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Israel Englander's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Israel Englander opened 841 new positions and closed 748 in Q3 2018.
- Israel Englander's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.