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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Miscellaneous | 10.87% |
| 5 | Consumer Discretionary | 10.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MEET
1776
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $3.71M | 0.01% |
800,561
-390,785
| -33% | -$1.67M |
|
1777
CALL
iShares MSCI Mexico ETF
EWW
$1.79B
| $3.71M | 0.01% |
90,000
-10,000
| -10% | -$435K |
|
1778
GeoPark
GPRK
$639M
| $3.7M | 0.01% |
268,549
+241,374
| +888% | +$3.86M |
|
|
TEN
1779
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $3.7M | 0.01% |
134,935
-145,511
| -52% | -$4.87M |
|
1780
Alamos Gold
AGI
$15.9B
| $3.69M | 0.01% |
1,024,249
-839,294
| -45% | -$3.28M |
|
|
RST
1781
DELISTED
ROSETTA STONE INC
RST
| $3.69M | 0.01% |
+224,763
| New | +$4.11M |
|
1782
DXP Enterprises
DXPE
$2.99B
| $3.68M | 0.01% |
132,083
+7,700
| +6% | +$273K |
|
|
LABL
1783
DELISTED
Multi-Color Corp
LABL
| $3.67M | 0.01% |
+104,696
| New | +$4.96M |
|
1784
Blackbaud
BLKB
$2.2B
| $3.66M | 0.01% |
58,222
+19,443
| +50% | +$1.4M |
|
1785
PUT
Kraft Heinz
KHC
$29.8B
| $3.65M | 0.01% |
84,800
-25,300
| -23% | -$1.31M |
|
1786
Tronox
TROX
$877M
| $3.65M | 0.01% |
+468,530
| New | +$4.93M |
|
1787
PUT
Medtronic
MDT
$115B
| $3.64M | 0.01% |
+40,000
| New | +$3.74M |
|
1788
Apogee Enterprises
APOG
$848M
| $3.63M | 0.01% |
+121,715
| New | +$4.36M |
|
|
BDSI
1789
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $3.63M | 0.01% |
981,422
+859,292
| +704% | +$3.02M |
|
1790
Marriott International
MAR
$92.3B
| $3.63M | 0.01% |
33,401
-83
| -0.2% | -$9.53K |
|
|
GRMN
1791
Garmin
GRMN
$55.9B
| $3.62M | 0.01% |
57,217
-41,328
| -42% | -$2.68M |
|
1792
Tower Semiconductor
TSEM
$24.8B
| $3.62M | 0.01% |
+245,593
| New | +$4.09M |
|
1793
CALL
Abbott
ABT
$193B
| $3.62M | 0.01% |
50,000
-700,000
| -93% | -$49.2M |
|
1794
Texas Pacific Land
TPL
$25.5B
| $3.62M | 0.01% |
60,093
+54,144
| +910% | +$3.9M |
|
1795
Home BancShares
HOMB
$5.94B
| $3.62M | 0.01% |
221,248
+93,122
| +73% | +$1.77M |
|
1796
CALL
Dollar Tree
DLTR
$24.4B
| $3.61M | 0.01% |
40,000
-70,000
| -64% | -$5.91M |
|
1797
Credicorp
BAP
$29.6B
| $3.6M | 0.01% |
16,256
+15,331
| +1,657% | +$3.39M |
|
1798
CALL
Visa
V
$709B
| $3.6M | 0.01% |
27,300
-25,000
| -48% | -$3.45M |
|
|
MIXT
1799
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $3.6M | 0.01% |
230,023
+100,932
| +78% | +$1.61M |
|
|
TRST
1800
Trustco Bank Corp NY
TRST
$977M
| $3.6M | 0.01% |
104,893
-26,430
| -20% | -$1M |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $2.35B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.