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 |
Salesforce
CRM
|
+$208M |
| 2 |
Lowe's Companies
LOW
|
+$198M |
| 3 |
American Tower
AMT
|
+$161M |
| 4 |
Lennar Class A
LEN
|
+$150M |
| 5 |
British American Tobacco
BTI
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$208M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$177M |
| 3 |
Crown Castle
CCI
|
+$168M |
| 4 |
Walmart Inc
WMT
|
+$167M |
| 5 |
Entergy
ETR
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 13.75% |
| 2 | Technology | 13.18% |
| 3 | Healthcare | 11.51% |
| 4 | Industrials | 10.45% |
| 5 | Consumer Discretionary | 9.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CYOU
1751
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $4.38M | 0.01% |
110,476
+78,689
| +248% | +$3.17M |
|
|
WGL
1752
DELISTED
Wgl Holdings
WGL
| $4.37M | 0.01% |
+51,914
| New | +$4.38M |
|
1753
Grupo Aval
AVAL
$6.46B
| $4.37M | 0.01% |
487,209
-288,229
| -37% | -$2.54M |
|
1754
Antero Midstream
AM
$10.8B
| $4.33M | 0.01% |
211,577
-592,372
| -74% | -$11.8M |
|
|
GLUU
1755
CALL
DELISTED
Glu Mobile Inc.
GLUU
| $4.32M | 0.01% |
+1,150,000
| New | +$3.62M |
|
1756
American Financial Group
AFG
$12B
| $4.31M | 0.01% |
41,699
+36,385
| +685% | +$3.7M |
|
|
PVG
1757
DELISTED
PRETIUM RESOURCES INC.
PVG
| $4.31M | 0.01% |
465,489
-306,091
| -40% | -$2.74M |
|
|
ECHO
1758
EchoStar
ECHO
$24.8B
| $4.29M | 0.01% |
92,601
+77,501
| +513% | +$3.69M |
|
|
AXAS
1759
DELISTED
Abraxas Petroleum Corp
AXAS
| $4.29M | 0.01% |
113,970
+58,116
| +104% | +$1.98M |
|
1760
PUT
Stryker
SYK
$127B
| $4.26M | 0.01% |
30,000
-65,000
| -68% | -$9.32M |
|
1761
Snap
SNAP
$9.12B
| $4.25M | 0.01% |
292,384
+271,999
| +1,334% | +$3.94M |
|
|
RAD
1762
DELISTED
Rite Aid Corporation
RAD
| $4.25M | 0.01% |
108,381
-94,051
| -46% | -$4.46M |
|
|
AVX
1763
DELISTED
AVX Corporation
AVX
| $4.23M | 0.01% |
+232,099
| New | +$4.03M |
|
|
UGLD
1764
DELISTED
VelocitySharesTM 3x Long Gold ETN linked to the S&P GSCI Gold Index ER
UGLD
| $4.22M | 0.01% |
39,233
-1,829
| -4% | -$199K |
|
1765
Northwest Bancshares
NWBI
$2.24B
| $4.21M | 0.01% |
243,511
+231,331
| +1,899% | +$3.67M |
|
|
NCI
1766
DELISTED
Navigant Consulting, Inc.
NCI
| $4.19M | 0.01% |
247,704
+34,548
| +16% | +$584K |
|
1767
American Water Works
AWK
$27.4B
| $4.18M | 0.01% |
51,624
-489,508
| -90% | -$39.6M |
|
|
FIT
1768
CALL
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $4.18M | 0.01% |
+600,000
| New | +$3.49M |
|
|
QIWI
1769
DELISTED
QIWI PLC
QIWI
| $4.16M | 0.01% |
+245,487
| New | +$4.61M |
|
1770
VanEck Gold Miners ETF
GDX
$32.1B
| $4.15M | 0.01% |
180,785
-124,275
| -41% | -$2.87M |
|
1771
CALL
Energizer
ENR
$1.5B
| $4.14M | 0.01% |
90,000
| – | – |
|
1772
Wayfair
W
$14.5B
| $4.14M | 0.01% |
61,469
-16,554
| -21% | -$1.23M |
|
|
LEXEA
1773
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $4.13M | 0.01% |
77,786
+8,695
| +13% | +$470K |
|
1774
TC Energy
TRP
$65.5B
| $4.12M | 0.01% |
83,283
-38,286
| -31% | -$1.92M |
|
1775
Vishay Precision Group
VPG
$857M
| $4.11M | 0.01% |
168,542
+35,223
| +26% | +$700K |
|
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Israel Englander's Q3 2017 Portfolio in Review
As of Q3 2017, Israel Englander held 4,198 positions worth $65.6B, up 17% from $56.1B the previous quarter. Its ten largest holdings account for 7.8% of the portfolio.
Israel Englander deployed $6.37B of net new capital in Q3 2017, opening 794 new positions and adding to 1,441 existing holdings. Its largest new stake was Northern Trust: 1,591,041 shares worth $146M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Gilead Sciences, an estimated $208M trimmed.
- Israel Englander's largest Q3 2017 buy was Northern Trust: 1,591,041 shares worth $146M.
- Israel Englander added most to Salesforce in Q3 2017, an estimated $208M increase.
- Israel Englander's biggest Q3 2017 reduction was Gilead Sciences, cutting an estimated $208M.
- Israel Englander fully exited CONCHO RESOURCES INC. in Q3 2017, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 7.8% of its $65.6B portfolio in Q3 2017.
- Israel Englander opened 794 new positions and closed 737 in Q3 2017.
- Israel Englander's portfolio value rose 17% quarter-over-quarter to $65.6B.
Based on Millennium Management's 13F filing for Q3 2017, filed 14 Nov 2017.