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 |
Fortive
FTV
|
+$1.39B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1B |
| 3 |
Citigroup
C
|
+$332M |
| 4 |
Apple
AAPL
|
+$307M |
| 5 |
Oracle
ORCL
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$579M |
| 2 |
EA
Electronic Arts
EA
|
+$233M |
| 3 |
Keurig Dr Pepper
KDP
|
+$215M |
| 4 |
APC
Anadarko Petroleum
APC
|
+$206M |
| 5 |
XL
XL Group Ltd.
XL
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.09% |
| 2 | Financials | 12.89% |
| 3 | Healthcare | 12.4% |
| 4 | Consumer Discretionary | 9.65% |
| 5 | Industrials | 9.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ACHN
1776
DELISTED
Achillion Pharmaceuticals
ACHN
| $5.09M | 0.01% |
1,382,969
+1,266,635
| +1,089% | +$3.77M |
|
|
TBRGU
1777
DELISTED
Thunder Bridge Acquisition, Ltd. Unit
TBRGU
| $5.08M | 0.01% |
500,000
| – | – |
|
1778
PUT
Cleveland-Cliffs
CLF
$6.64B
| $5.06M | 0.01% |
+400,000
| New | +$4.12M |
|
1779
iShares MSCI Germany ETF
EWG
$1.73B
| $5.06M | 0.01% |
170,193
-165,292
| -49% | -$5.01M |
|
1780
Larimar Therapeutics
LRMR
$424M
| $5.05M | 0.01% |
35,998
+4,138
| +13% | +$502K |
|
|
MFAC.U
1781
DELISTED
Megalith Financial Acquisition Corp. Units, each consisting of one share of Class A Common Stock, an
MFAC.U
| $5.05M | 0.01% |
+500,000
| New | +$5.02M |
|
|
MANT
1782
DELISTED
Mantech International Corp
MANT
| $5.04M | 0.01% |
79,673
+41,061
| +106% | +$2.56M |
|
1783
iShares MSCI Mexico ETF
EWW
$1.81B
| $5.03M | 0.01% |
98,205
+10,386
| +12% | +$526K |
|
1784
Axos Financial
AX
$5.58B
| $5.03M | 0.01% |
+146,198
| New | +$5.62M |
|
|
ADMS
1785
DELISTED
Adamas Pharmaceuticals
ADMS
| $5.01M | 0.01% |
250,495
-91,685
| -27% | -$2.15M |
|
1786
US Bancorp
USB
$98B
| $4.99M | 0.01% |
+94,515
| New | +$5.01M |
|
|
EBSB
1787
DELISTED
Meridian Bancorp, Inc.
EBSB
| $4.99M | 0.01% |
293,358
-8,062
| -3% | -$147K |
|
1788
DXP Enterprises
DXPE
$2.96B
| $4.98M | 0.01% |
124,383
+49,409
| +66% | +$2.15M |
|
1789
Winnebago Industries
WGO
$882M
| $4.97M | 0.01% |
149,993
+94,386
| +170% | +$3.64M |
|
1790
Owens Corning
OC
$11.6B
| $4.96M | 0.01% |
91,395
-959,810
| -91% | -$57.8M |
|
1791
Waters Corp
WAT
$40.9B
| $4.96M | 0.01% |
25,458
+20,722
| +438% | +$4.01M |
|
|
NRE
1792
DELISTED
NorthStar Realty Europe Corp.
NRE
| $4.95M | 0.01% |
349,280
+188,339
| +117% | +$2.57M |
|
1793
Standex International
SXI
$3.73B
| $4.92M | 0.01% |
47,215
+1,373
| +3% | +$146K |
|
1794
Vanguard Real Estate ETF
VNQ
$39.4B
| $4.92M | 0.01% |
+60,978
| New | +$5.02M |
|
1795
Syndax Pharmaceuticals
SNDX
$1.78B
| $4.91M | 0.01% |
608,038
+459,103
| +308% | +$3.27M |
|
1796
Target Hospitality
TH
$1.71B
| $4.91M | 0.01% |
500,000
| – | – |
|
1797
Perdoceo Education
PRDO
$2.08B
| $4.9M | 0.01% |
328,187
-254,313
| -44% | -$4.19M |
|
|
GBT
1798
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $4.9M | 0.01% |
128,928
-235,949
| -65% | -$10.5M |
|
1799
Cable One
CABO
$147M
| $4.9M | 0.01% |
5,541
-16,554
| -75% | -$13.2M |
|
1800
Cousins Properties
CUZ
$4.94B
| $4.9M | 0.01% |
137,677
-378,952
| -73% | -$14.1M |
|
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Israel Englander's Q3 2018 Portfolio in Review
As of Q3 2018, Israel Englander held 4,590 positions worth $81.6B, up 6.4% from $76.7B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Israel Englander's Q3 2018 filing shows 841 new, 1,291 increased, 1,638 reduced and 748 closed positions. Its largest new stake was Fortive: 27,116,929 shares worth $1.44B. The largest sale was Altaba Inc, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Financials and Healthcare.
- Israel Englander's largest Q3 2018 buy was Fortive: 27,116,929 shares worth $1.44B.
- Israel Englander added most to Andeavor in Q3 2018, an estimated $1B increase.
- Israel Englander's biggest Q3 2018 reduction was Altaba Inc, cutting an estimated $579M.
- Israel Englander fully exited XL Group Ltd. in Q3 2018, selling an estimated $190M.
- Israel Englander's ten largest holdings make up 10% of its $81.6B portfolio in Q3 2018.
- Israel Englander opened 841 new positions and closed 748 in Q3 2018.
- Israel Englander's portfolio value rose 6.4% quarter-over-quarter to $81.6B.
Based on Millennium Management's 13F filing for Q3 2018, filed 14 Nov 2018.