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 | |
|---|---|---|---|---|---|---|
1551
Ameren
AEE
$29.6B
| $7.07M | 0.01% |
111,837
-2,924,572
| -96% | -$184M |
|
1552
PUT
LyondellBasell Industries
LYB
$20.2B
| $7.05M | 0.01% |
68,800
-49,700
| -42% | -$5.43M |
|
1553
Option Care Health
OPCH
$3.54B
| $7.05M | 0.01% |
568,608
-102,138
| -15% | -$1.2M |
|
|
SMTA
1554
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $7.03M | 0.01% |
610,099
+472,284
| +343% | +$5.02M |
|
1555
McGrath RentCorp
MGRC
$2.8B
| $7.01M | 0.01% |
128,792
+66,270
| +106% | +$3.86M |
|
1556
Sabesp
SBS
$16.9B
| $7.01M | 0.01% |
6,130,425
+2,157,304
| +54% | +$2.63M |
|
1557
Cars.com
CARS
$661M
| $7M | 0.01% |
253,346
+154,154
| +155% | +$4.31M |
|
1558
Luxfer Holdings
LXFR
$459M
| $6.97M | 0.01% |
299,976
-75,826
| -20% | -$1.56M |
|
1559
CALL
Freeport-McMoran
FCX
$115B
| $6.96M | 0.01% |
500,000
-500,000
| -50% | -$7.55M |
|
1560
PUT
American Airlines Group
AAL
$9.23B
| $6.95M | 0.01% |
+168,100
| New | +$6.57M |
|
1561
Vornado Realty Trust
VNO
$7.46B
| $6.94M | 0.01% |
95,104
-192,270
| -67% | -$14.2M |
|
1562
Cathay General Bancorp
CATY
$4.13B
| $6.94M | 0.01% |
167,498
-351,272
| -68% | -$14.8M |
|
1563
Employers Holdings
EIG
$876M
| $6.93M | 0.01% |
152,960
-212,335
| -58% | -$9.37M |
|
|
CAMP
1564
DELISTED
CalAmp Corp.
CAMP
| $6.93M | 0.01% |
12,572
-1,941
| -13% | -$1.04M |
|
1565
CALL
CenterPoint Energy
CNP
$25.6B
| $6.91M | 0.01% |
+250,000
| New | +$7M |
|
|
MOSC.U
1566
DELISTED
Mosaic Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third o
MOSC.U
| $6.91M | 0.01% |
677,780
| – | – |
|
|
TGE
1567
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $6.91M | 0.01% |
292,963
-648,365
| -69% | -$15.4M |
|
|
GRMN
1568
Garmin
GRMN
$55.6B
| $6.9M | 0.01% |
98,545
+64,599
| +190% | +$4.23M |
|
1569
Shenandoah Telecom
SHEN
$680M
| $6.9M | 0.01% |
177,953
+78,403
| +79% | +$2.79M |
|
1570
HUTCHMED
HCM
$2.13B
| $6.87M | 0.01% |
213,285
+186,281
| +690% | +$5.68M |
|
|
SFLY
1571
DELISTED
Shutterfly, Inc.
SFLY
| $6.84M | 0.01% |
103,872
-64,630
| -38% | -$5.12M |
|
1572
Beazer Homes USA
BZH
$885M
| $6.84M | 0.01% |
651,513
+485,029
| +291% | +$6.38M |
|
1573
Star Bulk Carriers
SBLK
$3.47B
| $6.84M | 0.01% |
473,381
-182,546
| -28% | -$2.36M |
|
1574
Malibu Boats
MBUU
$559M
| $6.84M | 0.01% |
124,945
-160,781
| -56% | -$7.14M |
|
|
TAST
1575
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $6.83M | 0.01% |
467,801
-905,559
| -66% | -$13.7M |
|
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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.