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 | |
|---|---|---|---|---|---|---|
1526
MasTec
MTZ
$19.8B
| $7.33M | 0.01% |
149,730
-121,101
| -45% | -$5.4M |
|
|
LHCG
1527
DELISTED
LHC Group LLC
LHCG
| $7.32M | 0.01% |
119,493
-141,393
| -54% | -$9.35M |
|
1528
International Flavors & Fragrances
IFF
$22.2B
| $7.3M | 0.01% |
47,832
+36,421
| +319% | +$5.47M |
|
|
AVID
1529
DELISTED
Avid Technology Inc
AVID
| $7.3M | 0.01% |
1,353,543
+1,261,229
| +1,366% | +$6.78M |
|
1530
Kimberly-Clark
KMB
$36.9B
| $7.29M | 0.01% |
60,388
-376,898
| -86% | -$44M |
|
1531
NVR
NVR
$17.1B
| $7.26M | 0.01% |
2,069
+990
| +92% | +$3.22M |
|
1532
CALL
Pfizer
PFE
$163B
| $7.24M | 0.01% |
+210,800
| New | +$7.19M |
|
1533
PUT
Bristol-Myers Squibb
BMY
$139B
| $7.19M | 0.01% |
117,400
-382,600
| -77% | -$23.9M |
|
|
MPT
1534
Medical Properties Trust
MPT
$2.45B
| $7.19M | 0.01% |
522,040
-1,220,283
| -70% | -$16.5M |
|
1535
Globalstar
GSAT
$10.6B
| $7.19M | 0.01% |
366,043
+289,725
| +380% | +$6.59M |
|
|
MNR
1536
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $7.19M | 0.01% |
404,073
-459,379
| -53% | -$7.95M |
|
1537
Copart
CPRT
$30.9B
| $7.18M | 0.01% |
665,432
-4,517,136
| -87% | -$44M |
|
|
EXTN
1538
DELISTED
Exterran Corporation
EXTN
| $7.18M | 0.01% |
228,465
-33,392
| -13% | -$1.03M |
|
|
TTM
1539
DELISTED
Tata Motors Limited
TTM
| $7.17M | 0.01% |
216,815
-255,589
| -54% | -$8.26M |
|
1540
NBT Bancorp
NBTB
$2.67B
| $7.16M | 0.01% |
194,458
+85,075
| +78% | +$3.21M |
|
1541
CACI
CACI
$13.5B
| $7.16M | 0.01% |
54,059
+7,587
| +16% | +$1.02M |
|
|
AVHI
1542
DELISTED
A V Homes, Inc.
AVHI
| $7.16M | 0.01% |
429,742
-61,186
| -12% | -$1.05M |
|
1543
STAAR Surgical
STAA
$1.16B
| $7.15M | 0.01% |
+461,476
| New | +$6.86M |
|
1544
NOV
NOV
$7.11B
| $7.13M | 0.01% |
198,034
+189,633
| +2,257% | +$6.41M |
|
|
MBFI
1545
DELISTED
MB Financial Corp
MBFI
| $7.13M | 0.01% |
160,184
-173,791
| -52% | -$7.84M |
|
1546
Integer Holdings
ITGR
$4.26B
| $7.09M | 0.01% |
156,548
+39,266
| +33% | +$1.91M |
|
1547
Seaboard Corp
SEB
$3.96B
| $7.08M | 0.01% |
1,605
-609
| -28% | -$2.64M |
|
1548
CRA International
CRAI
$1.08B
| $7.07M | 0.01% |
157,164
+91,936
| +141% | +$4.03M |
|
1549
Atlassian
TEAM
$42.1B
| $7.03M | 0.01% |
154,514
+11,727
| +8% | +$546K |
|
|
VBTX
1550
DELISTED
Veritex Holdings
VBTX
| $7.03M | 0.01% |
254,643
+149,570
| +142% | +$4.04M |
|
Similar funds
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.