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 | |
|---|---|---|---|---|---|---|
|
KNL
1576
DELISTED
Knoll, Inc.
KNL
| $6.78M | 0.01% |
294,317
+144,929
| +97% | +$3.02M |
|
|
BKCC
1577
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $6.77M | 0.01% |
1,086,117
+707,095
| +187% | +$4.87M |
|
1578
State Street Energy Select Sector SPDR ETF
XLE
$41.2B
| $6.75M | 0.01% |
186,876
-2,973,270
| -94% | -$102M |
|
1579
CALL
SLB Ltd
SLB
$79.7B
| $6.74M | 0.01% |
+100,000
| New | +$6.48M |
|
1580
Pediatrix Medical
MD
$2.19B
| $6.73M | 0.01% |
126,013
-272,652
| -68% | -$12.9M |
|
|
CVGW
1581
DELISTED
Calavo Growers
CVGW
| $6.73M | 0.01% |
79,776
-34,038
| -30% | -$2.51M |
|
1582
Liberty Latin America Class C
LILAK
$1.67B
| $6.73M | 0.01% |
395,317
+382,209
| +2,916% | +$7.19M |
|
|
FENG
1583
Phoenix New Media
FENG
$17.9M
| $6.72M | 0.01% |
+172,611
| New | +$6.43M |
|
1584
EXL Service
EXLS
$5.69B
| $6.71M | 0.01% |
555,605
+486,150
| +700% | +$5.94M |
|
1585
Synaptics
SYNA
$3.74B
| $6.66M | 0.01% |
166,784
-1,052,058
| -86% | -$40.3M |
|
1586
CALL
Regenxbio
RGNX
$600M
| $6.65M | 0.01% |
200,000
+170,900
| +587% | +$5.15M |
|
|
AMTD
1587
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $6.65M | 0.01% |
+130,000
| New | +$6.5M |
|
|
ZVO
1588
DELISTED
Zovio Inc. Common Stock
ZVO
| $6.63M | 0.01% |
799,409
+131,623
| +20% | +$1.22M |
|
|
NAVG
1589
DELISTED
Navigators Group Inc
NAVG
| $6.62M | 0.01% |
135,869
+90,405
| +199% | +$4.83M |
|
1590
PUT
UnitedHealth
UNH
$363B
| $6.61M | 0.01% |
+30,000
| New | +$6.36M |
|
1591
CALL
Kraft Heinz
KHC
$29.6B
| $6.61M | 0.01% |
85,000
-105,000
| -55% | -$8.25M |
|
|
BNCL
1592
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $6.61M | 0.01% |
401,620
-179,339
| -31% | -$2.98M |
|
1593
Vanguard Morningstar Value ETF
VTV
$194B
| $6.59M | 0.01% |
62,011
+52,333
| +541% | +$5.4M |
|
1594
PUT
CNX Resources
CNX
$5.42B
| $6.58M | 0.01% |
+450,000
| New | +$6.22M |
|
1595
Colliers International
CIGI
$5.32B
| $6.58M | 0.01% |
108,953
+64,141
| +143% | +$3.7M |
|
|
MCRN
1596
DELISTED
Milacron Holdings Corp.
MCRN
| $6.57M | 0.01% |
343,315
-324,023
| -49% | -$5.79M |
|
|
NETI
1597
DELISTED
Eneti Inc.
NETI
| $6.57M | 0.01% |
95,496
+55,096
| +136% | +$3.84M |
|
|
USG
1598
DELISTED
Usg
USG
| $6.55M | 0.01% |
169,870
+155,143
| +1,053% | +$5.45M |
|
1599
HCI Group
HCI
$2.33B
| $6.54M | 0.01% |
218,861
+29,517
| +16% | +$983K |
|
|
FNGN
1600
DELISTED
Financial Engines, Inc.
FNGN
| $6.54M | 0.01% |
215,795
-92,282
| -30% | -$2.9M |
|
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.