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 |
AABA
Altaba Inc
AABA
|
+$862M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Bank of America
BAC
|
+$187M |
| 4 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$183M |
| 5 |
Regions Financial
RF
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Electric Power
AEP
|
+$290M |
| 2 |
Huntsman Corp
HUN
|
+$181M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$164M |
| 4 |
Targa Resources
TRGP
|
+$154M |
| 5 |
Fortive
FTV
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.54% |
| 2 | Financials | 12.22% |
| 3 | Technology | 12.2% |
| 4 | Industrials | 9.84% |
| 5 | Consumer Discretionary | 8.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AFAM
1801
CALL
DELISTED
Almost Family Inc
AFAM
| $3.08M | 0.01% |
+50,000
| New | +$2.74M |
|
|
TXNM
1802
TXNM Energy Inc
TXNM
$5.91B
| $3.08M | 0.01% |
80,405
-259,604
| -76% | -$9.88M |
|
1803
Open Text
OTEX
$5.76B
| $3.07M | 0.01% |
97,322
+79,480
| +445% | +$2.62M |
|
1804
Navient
NAVI
$883M
| $3.06M | 0.01% |
183,913
-8,927
| -5% | -$135K |
|
|
CTLT
1805
DELISTED
CATALENT, INC.
CTLT
| $3.06M | 0.01% |
87,142
+191
| +0.2% | +$6.28K |
|
1806
Ecopetrol
EC
$34.4B
| $3.06M | 0.01% |
336,444
-168,486
| -33% | -$1.58M |
|
1807
Fabrinet
FN
$15.5B
| $3.06M | 0.01% |
71,689
-54,866
| -43% | -$2.07M |
|
|
DYNC
1808
DELISTED
Vistra Energy Corp.
DYNC
| $3.04M | 0.01% |
50,000
| – | – |
|
1809
Alpha and Omega Semiconductor
AOSL
$793M
| $3.03M | 0.01% |
181,999
-6,875
| -4% | -$122K |
|
|
SAND
1810
DELISTED
Sandstorm Gold
SAND
| $3.03M | 0.01% |
783,862
+759,162
| +3,074% | +$2.88M |
|
|
LXFT
1811
DELISTED
Luxoft Holding, Inc.
LXFT
| $3.03M | 0.01% |
49,868
+39,437
| +378% | +$2.47M |
|
|
FBNK
1812
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $3.03M | 0.01% |
118,273
+72,122
| +156% | +$1.84M |
|
1813
Pan American Silver
PAAS
$21.8B
| $3.03M | 0.01% |
180,313
-1,185,913
| -87% | -$20.5M |
|
1814
CALL
T-Mobile US
TMUS
$194B
| $3.03M | 0.01% |
50,000
-100,000
| -67% | -$6.51M |
|
|
MDSO
1815
DELISTED
Medidata Solutions, Inc.
MDSO
| $3.03M | 0.01% |
38,756
-72,287
| -65% | -$5.04M |
|
1816
Axcelis
ACLS
$3.72B
| $3.03M | 0.01% |
144,622
+6,697
| +5% | +$142K |
|
1817
PUT
Baxter International
BAX
$13.7B
| $3.03M | 0.01% |
+50,000
| New | +$2.84M |
|
1818
CALL
Enovis
ENOV
$1.46B
| $3.02M | 0.01% |
+58,100
| New | +$3.96M |
|
1819
Labcorp
LH
$27.3B
| $3.02M | 0.01% |
22,796
-426,133
| -95% | -$52.2M |
|
|
APTI
1820
DELISTED
Apptio, Inc. Class A Common Stock
APTI
| $3.02M | 0.01% |
173,932
-20,746
| -11% | -$305K |
|
|
EACQ
1821
DELISTED
Easterly Acquisition Corp
EACQ
| $3.02M | 0.01% |
+300,000
| New | +$2.99M |
|
1822
Prologis
PLD
$136B
| $3.01M | 0.01% |
51,308
-490,034
| -91% | -$27.3M |
|
1823
Assembly Biosciences
ASMB
$727M
| $3.01M | 0.01% |
12,139
-9,005
| -43% | -$2.54M |
|
|
NFBK
1824
DELISTED
Northfield Bancorp
NFBK
| $3M | 0.01% |
+175,047
| New | +$3.05M |
|
|
SPNS
1825
DELISTED
Sapiens International
SPNS
| $3M | 0.01% |
268,139
+255,821
| +2,077% | +$3.19M |
|
Similar funds
Israel Englander's Q2 2017 Portfolio in Review
As of Q2 2017, Israel Englander held 4,244 positions worth $56.1B, up 2.7% from $54.6B the previous quarter. Its ten largest holdings account for 6.5% of the portfolio.
Israel Englander's Q2 2017 filing shows 803 new, 1,286 increased, 1,278 reduced and 840 closed positions. Its largest new stake was Altaba Inc: 15,840,905 shares worth $863M. The largest sale was American Electric Power, an estimated $290M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Technology.
- Israel Englander's largest Q2 2017 buy was Altaba Inc: 15,840,905 shares worth $863M.
- Israel Englander added most to Electronic Arts in Q2 2017, an estimated $196M increase.
- Israel Englander's biggest Q2 2017 reduction was American Electric Power, cutting an estimated $290M.
- Israel Englander fully exited GGP Inc. in Q2 2017, selling an estimated $125M.
- Israel Englander's ten largest holdings make up 6.5% of its $56.1B portfolio in Q2 2017.
- Israel Englander opened 803 new positions and closed 840 in Q2 2017.
- Israel Englander's portfolio value rose 2.7% quarter-over-quarter to $56.1B.
Based on Millennium Management's 13F filing for Q2 2017, filed 14 Aug 2017.