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 | |
|---|---|---|---|---|---|---|
1676
iShares S&P 500 Growth ETF
IVW
$76B
| $5.72M | 0.01% |
149,788
+131,168
| +704% | +$4.9M |
|
1677
Invesco
IVZ
$14.6B
| $5.71M | 0.01% |
+156,199
| New | +$5.65M |
|
1678
Titan Machinery
TITN
$438M
| $5.71M | 0.01% |
269,570
+259,065
| +2,466% | +$4.46M |
|
1679
Heron Therapeutics
HRTX
$59.3M
| $5.71M | 0.01% |
315,173
-54,701
| -15% | -$892K |
|
1680
CALL
Hershey
HSY
$37.2B
| $5.68M | 0.01% |
50,000
+38,000
| +317% | +$4.18M |
|
|
FIT
1681
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $5.66M | 0.01% |
990,612
+634,093
| +178% | +$4.04M |
|
|
MTSC
1682
DELISTED
MTS Systems Corp
MTSC
| $5.65M | 0.01% |
105,287
+45,392
| +76% | +$2.44M |
|
1683
Amphastar Pharmaceuticals
AMPH
$937M
| $5.65M | 0.01% |
293,672
+277,771
| +1,747% | +$5.19M |
|
1684
Heritage Financial
HFWA
$1.18B
| $5.64M | 0.01% |
183,258
-58,602
| -24% | -$1.8M |
|
|
EFOR
1685
Everforth Inc
EFOR
$1.29B
| $5.64M | 0.01% |
+87,714
| New | +$5.31M |
|
1686
Galicia Financial Group
GGAL
$7.05B
| $5.63M | 0.01% |
85,570
-109,174
| -56% | -$6.26M |
|
1687
Q2 Holdings
QTWO
$4.05B
| $5.63M | 0.01% |
152,659
-41,476
| -21% | -$1.7M |
|
1688
Valley National Bancorp
VLY
$7.79B
| $5.62M | 0.01% |
500,918
-2,002,462
| -80% | -$23.2M |
|
1689
Bright Horizons
BFAM
$3.62B
| $5.6M | 0.01% |
59,582
-66,409
| -53% | -$5.89M |
|
|
ESRX
1690
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $5.6M | 0.01% |
+75,000
| New | +$4.8M |
|
1691
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.78B
| $5.6M | 0.01% |
55,691
+21,124
| +61% | +$2.13M |
|
1692
PUT
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $5.58M | 0.01% |
+200,000
| New | +$5.38M |
|
1693
First Bancorp
FBP
$4.29B
| $5.57M | 0.01% |
1,091,657
-1,334,605
| -55% | -$6.66M |
|
|
KA
1694
DELISTED
Kineta, Inc. Common Stock
KA
| $5.56M | 0.01% |
6,811
+5,536
| +434% | +$2.12M |
|
1695
CALL
Antero Resources
AR
$11.8B
| $5.56M | 0.01% |
292,500
| – | – |
|
|
ACBI
1696
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $5.54M | 0.01% |
314,977
+30,583
| +11% | +$527K |
|
1697
SEACOR Marine Holdings
SMHI
$255M
| $5.53M | 0.01% |
472,925
+75,451
| +19% | +$994K |
|
1698
Booz Allen Hamilton
BAH
$8.93B
| $5.53M | 0.01% |
145,064
+105,345
| +265% | +$3.99M |
|
1699
Canadian Natural Resources
CNQ
$102B
| $5.51M | 0.01% |
+315,154
| New | +$5.29M |
|
1700
Peoples Bancorp
PEBO
$1.43B
| $5.49M | 0.01% |
168,355
+66,839
| +66% | +$2.23M |
|
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.