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 | |
|---|---|---|---|---|---|---|
|
NBRV
1726
DELISTED
Nabriva Therapeutics plc Ordinary Shares Ireland
NBRV
| $5.19M | 0.01% |
+3,470
| New | +$5.49M |
|
1727
GoPro
GPRO
$110M
| $5.18M | 0.01% |
683,978
+517,298
| +310% | +$4.59M |
|
1728
Hilton Worldwide
HLT
$74.8B
| $5.15M | 0.01% |
+64,448
| New | +$4.78M |
|
1729
Howmet Aerospace
HWM
$107B
| $5.14M | 0.01% |
246,165
-2,924,705
| -92% | -$56.9M |
|
1730
Johnson Outdoors
JOUT
$477M
| $5.14M | 0.01% |
82,786
+6,716
| +9% | +$470K |
|
1731
VEON
VEON
$4.16B
| $5.14M | 0.01% |
53,544
-2,797
| -5% | -$273K |
|
|
THS
1732
DELISTED
Treehouse Foods
THS
| $5.14M | 0.01% |
+103,864
| New | +$5.56M |
|
1733
CALL
Tronox
TROX
$874M
| $5.13M | 0.01% |
+250,000
| New | +$6.1M |
|
|
ICPT
1734
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.11M | 0.01% |
87,461
-1,358
| -2% | -$85.6K |
|
1735
Veracyte
VCYT
$3.56B
| $5.1M | 0.01% |
780,770
+23,089
| +3% | +$172K |
|
1736
Penske Automotive Group
PAG
$14.3B
| $5.05M | 0.01% |
105,556
-36,920
| -26% | -$1.74M |
|
1737
Griffon
GFF
$4.57B
| $5.03M | 0.01% |
247,110
-148,646
| -38% | -$3.25M |
|
1738
Nabors Industries
NBR
$1.29B
| $5.01M | 0.01% |
14,686
+10,404
| +243% | +$3.31M |
|
|
VXX
1739
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $5.01M | 0.01% |
179,474
+26,381
| +17% | +$870K |
|
|
PRFT
1740
DELISTED
Perficient Inc
PRFT
| $5.01M | 0.01% |
262,813
+210,413
| +402% | +$4.07M |
|
|
RTEC
1741
DELISTED
Rudolph Technologies Inc
RTEC
| $4.98M | 0.01% |
208,511
+175,428
| +530% | +$4.5M |
|
|
NXEO
1742
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $4.98M | 0.01% |
546,901
+410,548
| +301% | +$3.24M |
|
1743
CALL
Puma Biotechnology
PBYI
$473M
| $4.94M | 0.01% |
50,000
+20,000
| +67% | +$2.24M |
|
|
WINS
1744
DELISTED
Wins Finance Holdings Inc. Ordinary Shares (Cayman Islands)
WINS
| $4.94M | 0.01% |
+27,434
| New | +$4.15M |
|
1745
Amtech Systems
ASYS
$266M
| $4.93M | 0.01% |
489,431
+345,383
| +240% | +$4.22M |
|
1746
Advanced Micro Devices
AMD
$785B
| $4.88M | 0.01% |
474,836
-3,425,251
| -88% | -$40M |
|
|
MIK
1747
DELISTED
Michaels Stores, Inc
MIK
| $4.88M | 0.01% |
201,683
-171,257
| -46% | -$3.54M |
|
1748
Aldeyra Therapeutics
ALDX
$94.1M
| $4.87M | 0.01% |
715,679
+170,594
| +31% | +$1.12M |
|
1749
Harmony Gold Mining
HMY
$14B
| $4.86M | 0.01% |
2,599,459
-1,507,076
| -37% | -$2.7M |
|
1750
TransDigm Group
TDG
$66.7B
| $4.84M | 0.01% |
17,617
-44,368
| -72% | -$12.1M |
|
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.