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 | |
|---|---|---|---|---|---|---|
|
SWIR
1576
DELISTED
Sierra Wireless
SWIR
| $5.03M | 0.01% |
374,820
+14,502
| +4% | +$242K |
|
|
MNR
1577
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $5.02M | 0.01% |
405,012
-173,557
| -30% | -$2.53M |
|
1578
Yelp
YELP
$1.23B
| $5.02M | 0.01% |
143,431
-2,084,130
| -94% | -$79.6M |
|
1579
1st Source
SRCE
$2.08B
| $5.01M | 0.01% |
124,108
+16,614
| +15% | +$773K |
|
|
CTACU
1580
DELISTED
ChaSerg Technology Acquisition Corp. Unit
CTACU
| $5M | 0.01% |
+500,000
| New | +$5M |
|
1581
HighPeak Energy
HPK
$981M
| $4.99M | 0.01% |
507,526
+7,526
| +2% | +$73.6K |
|
1582
California Water Service
CWT
$3.11B
| $4.98M | 0.01% |
+104,530
| New | +$4.63M |
|
1583
CALL
MGM Resorts International
MGM
$10.9B
| $4.97M | 0.01% |
205,000
-10,000
| -5% | -$261K |
|
1584
PUT
Generac Holdings
GNRC
$12.2B
| $4.97M | 0.01% |
+100,000
| New | +$5.36M |
|
1585
Polaris
PII
$3.63B
| $4.96M | 0.01% |
64,731
-75,571
| -54% | -$6.79M |
|
|
ANSS
1586
DELISTED
Ansys
ANSS
| $4.95M | 0.01% |
34,647
-48,773
| -58% | -$7.58M |
|
1587
Center Bancorp
CNOB
$1.61B
| $4.95M | 0.01% |
268,014
-207,891
| -44% | -$4.26M |
|
|
BMCH
1588
DELISTED
BMC Stock Holdings, Inc
BMCH
| $4.95M | 0.01% |
319,482
+77,704
| +32% | +$1.29M |
|
|
QTNT
1589
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $4.93M | 0.01% |
20,160
+68
| +0.3% | +$17.8K |
|
|
QTS
1590
DELISTED
QTS REALTY TRUST, INC.
QTS
| $4.93M | 0.01% |
133,203
-110,390
| -45% | -$4.38M |
|
|
LACQ
1591
DELISTED
Leisure Acquisition Corp.
LACQ
| $4.92M | 0.01% |
500,000
| – | – |
|
1592
iShares MSCI Brazil ETF
EWZ
$8.19B
| $4.91M | 0.01% |
+128,645
| New | +$4.98M |
|
1593
CALL
Vipshop
VIPS
$6.7B
| $4.91M | 0.01% |
900,000
| – | – |
|
1594
Hormel Foods
HRL
$13B
| $4.91M | 0.01% |
115,054
+100,714
| +702% | +$4.34M |
|
|
TRUE
1595
DELISTED
TrueCar
TRUE
| $4.91M | 0.01% |
541,493
+197,875
| +58% | +$2.14M |
|
1596
International General Insurance
IGIC
$1.13B
| $4.9M | 0.01% |
500,000
| – | – |
|
|
ALDR
1597
DELISTED
Alder Biopharmaceuticals
ALDR
| $4.89M | 0.01% |
477,310
+299,538
| +168% | +$3.83M |
|
1598
RH
RH
$2.81B
| $4.89M | 0.01% |
40,822
-425,253
| -91% | -$51.1M |
|
1599
TD Synnex
SNX
$20.4B
| $4.88M | 0.01% |
120,724
-198,512
| -62% | -$7.86M |
|
|
WBC
1600
DELISTED
WABCO HOLDINGS INC.
WBC
| $4.88M | 0.01% |
45,441
+1,875
| +4% | +$208K |
|
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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.