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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Novavax
NVAX
$1.52B
| $5.4M | 0.01% |
146,714
+82,297
| +128% | +$3.19M |
|
1527
Chesapeake Utilities
CPK
$3.23B
| $5.4M | 0.01% |
66,381
+55,637
| +518% | +$4.65M |
|
1528
WSFS Financial
WSFS
$4.02B
| $5.4M | 0.01% |
142,345
-102,739
| -42% | -$4.32M |
|
1529
iQIYI
IQ
$948M
| $5.39M | 0.01% |
362,699
+192,106
| +113% | +$4.01M |
|
1530
Haverty Furniture Companies
HVT
$425M
| $5.38M | 0.01% |
286,660
+152,776
| +114% | +$3.14M |
|
1531
BBVA Argentina
BBAR
$3.05B
| $5.36M | 0.01% |
473,331
+211,779
| +81% | +$2.39M |
|
1532
MSC Industrial Direct
MSM
$6.84B
| $5.36M | 0.01% |
69,621
+54,214
| +352% | +$4.5M |
|
1533
VanEck Gold Miners ETF
GDX
$31.9B
| $5.35M | 0.01% |
+253,747
| New | +$4.97M |
|
1534
Lakeland Financial Corp
LKFN
$1.48B
| $5.35M | 0.01% |
133,123
-19,728
| -13% | -$858K |
|
1535
Oceaneering
OII
$4.94B
| $5.34M | 0.01% |
+441,477
| New | +$8.31M |
|
1536
CALL
Conagra Brands
CAG
$7.77B
| $5.34M | 0.01% |
+250,000
| New | +$8.08M |
|
1537
Quanex
NX
$910M
| $5.28M | 0.01% |
388,708
+69,250
| +22% | +$1.05M |
|
1538
Sanmina
SANM
$10.6B
| $5.28M | 0.01% |
219,223
-4,599
| -2% | -$116K |
|
1539
Prospect Capital
PSEC
$1.18B
| $5.27M | 0.01% |
835,769
-182,581
| -18% | -$1.23M |
|
1540
Insight Enterprises
NSIT
$4.46B
| $5.27M | 0.01% |
129,372
+68,020
| +111% | +$3.13M |
|
1541
Calix
CALX
$2.42B
| $5.27M | 0.01% |
+540,147
| New | +$4.7M |
|
|
BPMC
1542
DELISTED
Blueprint Medicines
BPMC
| $5.26M | 0.01% |
97,596
-39,063
| -29% | -$2.37M |
|
1543
Essential Utilities
WTRG
$11.6B
| $5.26M | 0.01% |
153,872
-109,477
| -42% | -$3.8M |
|
1544
MDU Resources
MDU
$4.27B
| $5.26M | 0.01% |
580,090
-2,429,961
| -81% | -$23.7M |
|
|
UMH
1545
UMH Properties
UMH
$1.42B
| $5.25M | 0.01% |
443,674
-217,904
| -33% | -$2.95M |
|
1546
Oaktree Specialty Lending
OCSL
$1.15B
| $5.25M | 0.01% |
413,700
+112,217
| +37% | +$1.53M |
|
1547
Murphy USA
MUSA
$9.77B
| $5.25M | 0.01% |
68,481
-44,336
| -39% | -$3.5M |
|
1548
Carvana
CVNA
$81.3B
| $5.24M | 0.01% |
+801,435
| New | +$6.75M |
|
|
NSTG
1549
DELISTED
NanoString Technologies, Inc.
NSTG
| $5.24M | 0.01% |
353,432
+119,428
| +51% | +$1.89M |
|
1550
Upland Software
UPLD
$13.3M
| $5.23M | 0.01% |
19,249
-6,133
| -24% | -$1.84M |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.