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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
First Bancorp
FBNC
$2.65B
| $6.74M | 0.01% |
189,098
-77,888
| -29% | -$2.81M |
|
|
GOGL
1602
DELISTED
Golden Ocean Group
GOGL
| $6.73M | 0.01% |
846,690
+326,735
| +63% | +$2.87M |
|
|
DHC
1603
Diversified Healthcare Trust
DHC
$1.96B
| $6.72M | 0.01% |
429,009
-196,226
| -31% | -$3.26M |
|
1604
PUT
Capital One
COF
$133B
| $6.71M | 0.01% |
+70,000
| New | +$6.97M |
|
|
TDAY
1605
USA Today Co
TDAY
$953M
| $6.66M | 0.01% |
388,426
-90,328
| -19% | -$1.51M |
|
|
LTRPA
1606
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $6.63M | 0.01% |
617,040
+55,152
| +10% | +$572K |
|
1607
HealthStream
HSTM
$844M
| $6.63M | 0.01% |
266,835
+112,983
| +73% | +$2.72M |
|
1608
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $6.61M | 0.01% |
+59,894
| New | +$6.6M |
|
1609
PUT
DaVita
DVA
$11.3B
| $6.59M | 0.01% |
+100,000
| New | +$7.34M |
|
|
ALOG
1610
DELISTED
Analogic Corp
ALOG
| $6.59M | 0.01% |
68,726
+50,370
| +274% | +$4.36M |
|
|
BKCC
1611
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $6.59M | 0.01% |
1,092,494
+6,377
| +0.6% | +$37.5K |
|
|
DX
1612
Dynex Capital
DX
$3.23B
| $6.58M | 0.01% |
330,800
+21,554
| +7% | +$421K |
|
|
FARO
1613
DELISTED
Faro Technologies
FARO
| $6.55M | 0.01% |
112,206
-102,041
| -48% | -$5.66M |
|
1614
Kearny Financial
KRNY
$642M
| $6.53M | 0.01% |
502,504
-744,107
| -60% | -$10.1M |
|
|
MPT
1615
Medical Properties Trust
MPT
$2.45B
| $6.52M | 0.01% |
501,440
-20,600
| -4% | -$264K |
|
1616
BCE
BCE
$22B
| $6.51M | 0.01% |
151,151
+54,961
| +57% | +$2.47M |
|
|
NETI
1617
DELISTED
Eneti Inc.
NETI
| $6.5M | 0.01% |
99,202
+3,706
| +4% | +$265K |
|
1618
Hecla Mining
HL
$14.1B
| $6.5M | 0.01% |
1,769,900
-1,545,315
| -47% | -$5.99M |
|
1619
Bilibili
BILI
$6.93B
| $6.49M | 0.01% |
+589,683
| New | +$6.56M |
|
1620
Santander
BSBR
$43.4B
| $6.47M | 0.01% |
562,192
-981,162
| -64% | -$10.3M |
|
|
SN
1621
DELISTED
Sanchez Energy Corporation
SN
| $6.47M | 0.01% |
2,067,558
-907,592
| -31% | -$3.76M |
|
1622
Invesco QQQ Trust
QQQ
$486B
| $6.47M | 0.01% |
40,403
-170,035
| -81% | -$28.1M |
|
1623
CALL
Edison International
EIX
$28.8B
| $6.44M | 0.01% |
101,100
+71,100
| +237% | +$4.38M |
|
|
NCOM
1624
DELISTED
National Commerce Corporation
NCOM
| $6.43M | 0.01% |
147,723
+73,928
| +100% | +$3.24M |
|
1625
Kforce
KFRC
$1.03B
| $6.43M | 0.01% |
237,763
-72,492
| -23% | -$1.95M |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $3.29B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.