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 | |
|---|---|---|---|---|---|---|
1726
CALL
Boyd Gaming
BYD
$5.89B
| $5.54M | 0.01% |
+174,000
| New | +$6.22M |
|
1727
TG Therapeutics
TGTX
$8.48B
| $5.54M | 0.01% |
+389,990
| New | +$4.98M |
|
1728
IPG Photonics
IPGP
$3.05B
| $5.53M | 0.01% |
23,699
+7,869
| +50% | +$1.94M |
|
|
RTEC
1729
DELISTED
Rudolph Technologies Inc
RTEC
| $5.53M | 0.01% |
199,625
-8,886
| -4% | -$239K |
|
1730
Zscaler
ZS
$27.2B
| $5.51M | 0.01% |
+196,429
| New | +$5.75M |
|
|
JNCE
1731
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $5.5M | 0.01% |
245,896
-125
| -0.1% | -$2.77K |
|
|
HOLI
1732
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $5.49M | 0.01% |
222,237
-61,885
| -22% | -$1.57M |
|
|
SNR
1733
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $5.47M | 0.01% |
668,785
+568,810
| +569% | +$4.35M |
|
1734
Globant
GLOB
$1.73B
| $5.47M | 0.01% |
106,129
-443,504
| -81% | -$21.7M |
|
|
TVPT
1735
DELISTED
Travelport Worldwide Limited
TVPT
| $5.46M | 0.01% |
334,344
-1,919,189
| -85% | -$26.6M |
|
1736
Laureate Education
LAUR
$5.28B
| $5.46M | 0.01% |
397,145
+124,951
| +46% | +$1.76M |
|
1737
Victory Capital Holdings
VCTR
$7.09B
| $5.46M | 0.01% |
+444,008
| New | +$5.58M |
|
1738
AppFolio
APPF
$7.9B
| $5.46M | 0.01% |
133,649
-245,326
| -65% | -$10.2M |
|
1739
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.7M
| $5.46M | 0.01% |
40,039
+3,873
| +11% | +$524K |
|
1740
Dick's Sporting Goods
DKS
$11.1B
| $5.46M | 0.01% |
155,657
-1,167,715
| -88% | -$38.1M |
|
1741
Magna International
MGA
$17.7B
| $5.45M | 0.01% |
96,724
+77,913
| +414% | +$4.35M |
|
1742
CALL
American International
AIG
$39.9B
| $5.44M | 0.01% |
+100,000
| New | +$5.91M |
|
1743
Pentair
PNR
$9.97B
| $5.44M | 0.01% |
118,842
-69,533
| -37% | -$3.31M |
|
1744
Ternium
TX
$10.8B
| $5.43M | 0.01% |
167,202
-274,816
| -62% | -$9.3M |
|
|
SREV
1745
DELISTED
ServiceSource International, Inc.
SREV
| $5.43M | 0.01% |
1,424,607
+1,335,408
| +1,497% | +$4.78M |
|
|
COWN
1746
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $5.42M | 0.01% |
410,960
+77,088
| +23% | +$1.05M |
|
|
ARMO
1747
DELISTED
ARMO BioSciences, Inc. Common Stock
ARMO
| $5.42M | 0.01% |
+144,821
| New | +$6.09M |
|
|
GLOG
1748
DELISTED
GASLOG LTD
GLOG
| $5.41M | 0.01% |
+328,718
| New | +$6.22M |
|
1749
PUT
Morgan Stanley
MS
$340B
| $5.4M | 0.01% |
+100,000
| New | +$5.54M |
|
1750
NovoCure
NVCR
$2.05B
| $5.39M | 0.01% |
247,424
-237,145
| -49% | -$5.1M |
|
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.