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 | |
|---|---|---|---|---|---|---|
1576
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $4.5M | 0.01% |
114,842
+62,717
| +120% | +$2.44M |
|
1577
Telephone and Data Systems
TDS
$3.89B
| $4.49M | 0.01% |
161,961
-361,335
| -69% | -$9.93M |
|
|
PTLA
1578
CALL
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $4.49M | 0.01% |
80,000
| – | – |
|
|
FCB
1579
DELISTED
FCB Financial Holdings, Inc.
FCB
| $4.48M | 0.01% |
93,898
+42,134
| +81% | +$1.99M |
|
|
RRD
1580
DELISTED
RR Donnelley & Sons Co.
RRD
| $4.48M | 0.01% |
357,516
-319,742
| -47% | -$3.93M |
|
1581
eHealth
EHTH
$38.4M
| $4.48M | 0.01% |
238,264
+218,333
| +1,095% | +$3.49M |
|
1582
Northwest Natural Holdings
NWN
$2.1B
| $4.47M | 0.01% |
74,723
+64,322
| +618% | +$3.89M |
|
1583
Unilever
UL
$140B
| $4.46M | 0.01% |
73,279
-64,149
| -47% | -$3.82M |
|
|
UCTT
1584
Ultra Clean Holdings
UCTT
$3.32B
| $4.46M | 0.01% |
237,719
-203,504
| -46% | -$4.1M |
|
1585
Mattel
MAT
$4.36B
| $4.45M | 0.01% |
206,832
-1,291,019
| -86% | -$29.2M |
|
1586
Liberty Latin America Class C
LILAK
$1.67B
| $4.43M | 0.01% |
241,841
+230,276
| +1,991% | +$4.22M |
|
1587
Live Nation Entertainment
LYV
$43.5B
| $4.42M | 0.01% |
126,874
-203,255
| -62% | -$6.81M |
|
|
CDTX
1588
DELISTED
Cidara Therapeutics
CDTX
| $4.42M | 0.01% |
29,462
+18,698
| +174% | +$2.58M |
|
1589
Schneider National
SNDR
$6.08B
| $4.42M | 0.01% |
+197,366
| New | +$3.9M |
|
1590
Corbus Pharmaceuticals
CRBP
$219M
| $4.41M | 0.01% |
23,316
+1,587
| +7% | +$311K |
|
|
HAPN
1591
Happen Inc
HAPN
$2.11B
| $4.4M | 0.01% |
159,804
+21,443
| +15% | +$610K |
|
1592
Toro Company
TTC
$9.48B
| $4.4M | 0.01% |
+63,495
| New | +$4.24M |
|
|
UBNK
1593
DELISTED
United Financial Bancorp, Inc.
UBNK
| $4.39M | 0.01% |
263,008
+58,435
| +29% | +$992K |
|
1594
iShares S&P 500 Growth ETF
IVW
$76.1B
| $4.38M | 0.01% |
127,960
+95,100
| +289% | +$3.22M |
|
1595
Collegium Pharmaceutical
COLL
$852M
| $4.37M | 0.01% |
349,589
+263,346
| +305% | +$2.6M |
|
|
ASRT
1596
DELISTED
Assertio
ASRT
| $4.36M | 0.01% |
6,769
-3,649
| -35% | -$2.43M |
|
1597
Rapid7
RPD
$818M
| $4.36M | 0.01% |
258,835
+86,315
| +50% | +$1.49M |
|
|
REGI
1598
DELISTED
Renewable Energy Group, Inc.
REGI
| $4.35M | 0.01% |
336,214
+13,677
| +4% | +$154K |
|
|
DST
1599
DELISTED
DST Systems Inc.
DST
| $4.35M | 0.01% |
70,454
+31,318
| +80% | +$1.91M |
|
1600
News Corp Class A
NWSA
$16.6B
| $4.34M | 0.01% |
317,002
-93,650
| -23% | -$1.22M |
|
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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.