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 | |
|---|---|---|---|---|---|---|
|
VNET
1751
VNET Group
VNET
$1.88B
| $4.83M | 0.01% |
605,605
+593,645
| +4,964% | +$4.32M |
|
1752
Customers Bancorp
CUBI
$2.65B
| $4.83M | 0.01% |
185,932
-152,784
| -45% | -$4.34M |
|
|
APTS
1753
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $4.83M | 0.01% |
238,559
+120,554
| +102% | +$2.48M |
|
|
WFBI
1754
DELISTED
WashingtonFirst Bankshares Inc
WFBI
| $4.82M | 0.01% |
140,713
+35,111
| +33% | +$1.22M |
|
|
CYOU
1755
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $4.82M | 0.01% |
132,272
+21,796
| +20% | +$824K |
|
|
ACRE
1756
Ares Commercial Real Estate
ACRE
$257M
| $4.81M | 0.01% |
372,628
-21,126
| -5% | -$281K |
|
|
CHA
1757
DELISTED
China Telecom Corporation, LTD
CHA
| $4.78M | 0.01% |
100,773
-22,823
| -18% | -$1.14M |
|
|
SCHW
1758
Charles Schwab
SCHW
$189B
| $4.78M | 0.01% |
93,002
-9,806
| -10% | -$461K |
|
|
SRNE
1759
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $4.77M | 0.01% |
1,256,154
+703,505
| +127% | +$1.83M |
|
1760
Public Storage
PSA
$59.3B
| $4.77M | 0.01% |
+22,830
| New | +$4.83M |
|
1761
John Wiley & Sons Class A
WLY
$2.7B
| $4.77M | 0.01% |
72,564
+12,741
| +21% | +$737K |
|
|
FCRD
1762
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $4.77M | 0.01% |
527,015
+396,355
| +303% | +$3.67M |
|
1763
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65.4M
| $4.75M | 0.01% |
+36,166
| New | +$4.67M |
|
1764
TAL Education Group
TAL
$6.48B
| $4.74M | 0.01% |
159,615
+50,022
| +46% | +$1.52M |
|
1765
AdvanSix
ASIX
$446M
| $4.74M | 0.01% |
112,703
-310,382
| -73% | -$13.3M |
|
1766
CALL
Incyte
INCY
$26B
| $4.74M | 0.01% |
+50,000
| New | +$5.23M |
|
1767
Stagwell
STGW
$2.11B
| $4.71M | 0.01% |
483,265
+127,075
| +36% | +$1.4M |
|
1768
Chesapeake Utilities
CPK
$3.23B
| $4.7M | 0.01% |
+59,826
| New | +$4.83M |
|
|
CVG
1769
DELISTED
Convergys
CVG
| $4.66M | 0.01% |
198,230
-63,162
| -24% | -$1.56M |
|
1770
Kura Oncology
KURA
$1.16B
| $4.65M | 0.01% |
303,905
+79,989
| +36% | +$1.18M |
|
|
CLD
1771
DELISTED
Cloud Peak Energy Inc
CLD
| $4.64M | 0.01% |
1,042,506
+918,196
| +739% | +$3.86M |
|
1772
CALL
Eastman Chemical
EMN
$8.34B
| $4.63M | 0.01% |
+50,000
| New | +$4.54M |
|
1773
Littelfuse
LFUS
$10.6B
| $4.63M | 0.01% |
23,396
-32,456
| -58% | -$6.51M |
|
1774
BCE
BCE
$21.9B
| $4.62M | 0.01% |
+96,190
| New | +$4.58M |
|
1775
CALL
Intel
INTC
$466B
| $4.62M | 0.01% |
100,000
-500,000
| -83% | -$21.8M |
|
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.