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 | |
|---|---|---|---|---|---|---|
1701
iShares Core S&P Small-Cap ETF
IJR
$111B
| $5.8M | 0.01% |
75,316
+58,445
| +346% | +$4.55M |
|
1702
CALL
Penumbra
PEN
$12.8B
| $5.78M | 0.01% |
+50,000
| New | +$5.16M |
|
|
VNET
1703
VNET Group
VNET
$1.96B
| $5.77M | 0.01% |
832,763
+227,158
| +38% | +$1.87M |
|
1704
Stock Yards Bancorp
SYBT
$2.49B
| $5.76M | 0.01% |
164,061
+124,837
| +318% | +$4.55M |
|
|
INVX
1705
Innovex International
INVX
$2.01B
| $5.75M | 0.01% |
+128,415
| New | +$6.28M |
|
1706
Bank of Marin Bancorp
BMRC
$435M
| $5.72M | 0.01% |
165,824
+11,900
| +8% | +$413K |
|
1707
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.83B
| $5.71M | 0.01% |
+167,900
| New | +$6.18M |
|
|
NSA
1708
DELISTED
National Storage Affiliates Trust
NSA
| $5.71M | 0.01% |
227,671
-432,912
| -66% | -$10.9M |
|
1709
SK Telecom
SKM
$15.2B
| $5.66M | 0.01% |
142,192
+64,457
| +83% | +$2.73M |
|
1710
Innoviva
INVA
$1.53B
| $5.65M | 0.01% |
339,010
+278,287
| +458% | +$4.3M |
|
|
HMHC
1711
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $5.65M | 0.01% |
812,929
-580,803
| -42% | -$4.59M |
|
1712
Aldeyra Therapeutics
ALDX
$93.5M
| $5.65M | 0.01% |
753,143
+37,464
| +5% | +$284K |
|
|
LSI
1713
DELISTED
Life Storage, Inc.
LSI
| $5.65M | 0.01% |
101,409
+43,665
| +76% | +$2.39M |
|
1714
Piper Sandler
PIPR
$5.28B
| $5.63M | 0.01% |
271,184
-316,692
| -54% | -$7M |
|
|
PVG
1715
DELISTED
PRETIUM RESOURCES INC.
PVG
| $5.62M | 0.01% |
843,586
+446,546
| +112% | +$3.52M |
|
|
OSB
1716
DELISTED
Norbord Inc.
OSB
| $5.62M | 0.01% |
154,593
-96,365
| -38% | -$3.44M |
|
1717
Minerva Neurosciences
NERV
$239M
| $5.59M | 0.01% |
111,797
+87,152
| +354% | +$4.19M |
|
1718
LivePerson
LPSN
$34.2M
| $5.59M | 0.01% |
22,790
-31,924
| -58% | -$6.39M |
|
1719
Service Corp International
SCI
$11.5B
| $5.59M | 0.01% |
148,061
+56,753
| +62% | +$2.18M |
|
|
BREW
1720
DELISTED
Craft Brew Alliance, Inc.
BREW
| $5.58M | 0.01% |
300,268
-58,073
| -16% | -$1.1M |
|
1721
Five Point Holdings
FPH
$367M
| $5.57M | 0.01% |
390,824
+184,554
| +89% | +$2.59M |
|
|
ALXN
1722
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $5.57M | 0.01% |
+50,000
| New | +$5.98M |
|
1723
Equinor
EQNR
$97.8B
| $5.56M | 0.01% |
235,007
-1,085,703
| -82% | -$24.9M |
|
|
HIVE
1724
DELISTED
Aerohive Networks
HIVE
| $5.56M | 0.01% |
1,375,293
-685,028
| -33% | -$3.08M |
|
|
RDFN
1725
DELISTED
Redfin
RDFN
| $5.55M | 0.01% |
+243,057
| New | +$5.6M |
|
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.