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 | |
|---|---|---|---|---|---|---|
1651
Booz Allen Hamilton
BAH
$8.88B
| $4.11M | 0.01% |
126,323
+92,954
| +279% | +$3.34M |
|
|
WBMD
1652
PUT
DELISTED
WebMD Health Corp.
WBMD
| $4.11M | 0.01% |
+70,000
| New | +$3.9M |
|
1653
New Mountain Finance
NMFC
$719M
| $4.09M | 0.01% |
280,791
-47,892
| -15% | -$700K |
|
1654
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $4.08M | 0.01% |
117,275
-166,985
| -59% | -$5.76M |
|
1655
Asbury Automotive
ABG
$3.87B
| $4.08M | 0.01% |
72,079
-108,968
| -60% | -$6.26M |
|
|
ALE
1656
DELISTED
Allete
ALE
| $4.07M | 0.01% |
+56,787
| New | +$4.03M |
|
|
FINL
1657
DELISTED
Finish Line
FINL
| $4.06M | 0.01% |
286,416
-138,021
| -33% | -$2M |
|
1658
Independent Bank Corp
IBCP
$815M
| $4.04M | 0.01% |
185,987
+45,427
| +32% | +$961K |
|
1659
Kadant
KAI
$3.58B
| $4.04M | 0.01% |
53,762
-4,924
| -8% | -$343K |
|
1660
Compañía de Cervecerías Unidas
CCU
$2.32B
| $4M | 0.01% |
+152,587
| New | +$3.98M |
|
1661
Cognex
CGNX
$10.1B
| $4M | 0.01% |
+94,262
| New | +$4.19M |
|
|
CHK
1662
CALL
DELISTED
Chesapeake Energy Corporation
CHK
| $3.98M | 0.01% |
+4,000
| New | +$4.29M |
|
1663
iShares 7-10 Year Treasury Bond ETF
IEF
$43.2B
| $3.97M | 0.01% |
37,225
+15,862
| +74% | +$1.69M |
|
|
FBZ
1664
DELISTED
First Trust Brazil AlphaDEX Fund
FBZ
| $3.96M | 0.01% |
+287,000
| New | +$4.24M |
|
|
KNL
1665
DELISTED
Knoll, Inc.
KNL
| $3.95M | 0.01% |
+197,137
| New | +$4.43M |
|
|
MB
1666
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $3.95M | 0.01% |
145,210
+127,795
| +734% | +$3.52M |
|
1667
Genesco
GCO
$374M
| $3.94M | 0.01% |
116,154
-100,301
| -46% | -$4.48M |
|
|
XLNX
1668
DELISTED
Xilinx Inc
XLNX
| $3.94M | 0.01% |
61,199
-440,088
| -88% | -$27.8M |
|
1669
Stride
LRN
$3.56B
| $3.93M | 0.01% |
219,192
+200,937
| +1,101% | +$3.85M |
|
|
ACOR
1670
DELISTED
Acorda Therapeutics
ACOR
| $3.92M | 0.01% |
1,660
-111
| -6% | -$220K |
|
|
EIGI
1671
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $3.92M | 0.01% |
469,475
-265,877
| -36% | -$2.06M |
|
|
LPNT
1672
DELISTED
LifePoint Health, Inc.
LPNT
| $3.92M | 0.01% |
58,374
-24,437
| -30% | -$1.54M |
|
1673
Boston Beer
SAM
$1.95B
| $3.92M | 0.01% |
29,650
-117,377
| -80% | -$16.4M |
|
1674
Unifirst Corp
UNF
$5.21B
| $3.91M | 0.01% |
+27,809
| New | +$3.88M |
|
1675
Trustmark
TRMK
$2.68B
| $3.91M | 0.01% |
121,530
-14,243
| -10% | -$457K |
|
Similar funds
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.