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 | |
|---|---|---|---|---|---|---|
1901
Regis Corp
RGS
$67M
| $3.26M | 0.01% |
11,431
+9,754
| +582% | +$2.25M |
|
1902
McGrath RentCorp
MGRC
$2.79B
| $3.26M | 0.01% |
74,466
+47,323
| +174% | +$1.81M |
|
|
PRMW
1903
DELISTED
Primo Water Corporation
PRMW
| $3.26M | 0.01% |
+274,761
| New | +$3.33M |
|
|
BFX
1904
DELISTED
BowFlex Inc.
BFX
| $3.25M | 0.01% |
192,285
-189,439
| -50% | -$3.27M |
|
|
CMTA
1905
DELISTED
Clementia Pharmaceuticals Inc.
CMTA
| $3.24M | ﹤0.01% |
+191,974
| New | +$3.14M |
|
|
FBNK
1906
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $3.24M | ﹤0.01% |
121,204
+2,931
| +2% | +$74.3K |
|
1907
WisdomTree India Earnings Fund ETF
EPI
$2.04B
| $3.24M | ﹤0.01% |
128,714
+110,208
| +596% | +$2.87M |
|
|
CPLA
1908
DELISTED
Capella Education Company
CPLA
| $3.24M | ﹤0.01% |
46,179
-3,509
| -7% | -$254K |
|
1909
PUT
Winnebago Industries
WGO
$871M
| $3.23M | ﹤0.01% |
+72,200
| New | +$2.65M |
|
|
FRGI
1910
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $3.22M | ﹤0.01% |
169,516
-289,585
| -63% | -$5.2M |
|
1911
Accenture
ACN
$111B
| $3.22M | ﹤0.01% |
+23,839
| New | +$3.11M |
|
1912
ArcBest
ARCB
$3.11B
| $3.21M | ﹤0.01% |
95,927
-82,740
| -46% | -$2.18M |
|
1913
ACI Worldwide
ACIW
$5.35B
| $3.21M | ﹤0.01% |
140,747
+16,786
| +14% | +$380K |
|
1914
CNX Resources
CNX
$5.33B
| $3.21M | ﹤0.01% |
227,062
-1,757,378
| -89% | -$22.6M |
|
|
SEE
1915
CALL
DELISTED
Sealed Air
SEE
| $3.2M | ﹤0.01% |
+75,000
| New | +$3.32M |
|
1916
John Wiley & Sons Class A
WLY
$2.7B
| $3.2M | ﹤0.01% |
59,823
-202,324
| -77% | -$10.9M |
|
|
MTSC
1917
DELISTED
MTS Systems Corp
MTSC
| $3.2M | ﹤0.01% |
59,895
-57,290
| -49% | -$2.89M |
|
|
EEQ
1918
DELISTED
Enbridge Energy Management Llc
EEQ
| $3.2M | ﹤0.01% |
232,882
+58,201
| +33% | +$758K |
|
|
BRKL
1919
DELISTED
Brookline Bancorp
BRKL
| $3.2M | ﹤0.01% |
206,193
+142,471
| +224% | +$2.07M |
|
1920
Safety Insurance
SAFT
$1.52B
| $3.19M | ﹤0.01% |
41,800
+31,995
| +326% | +$2.28M |
|
1921
Wipro
WIT
$18.1B
| $3.19M | ﹤0.01% |
+1,496,909
| New | +$3.28M |
|
|
HOS
1922
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $3.19M | ﹤0.01% |
789,212
-189,025
| -19% | -$546K |
|
1923
SEI Investments
SEIC
$13.3B
| $3.17M | ﹤0.01% |
51,970
-537,664
| -91% | -$30.5M |
|
|
SRUN
1924
DELISTED
Silver Run Acquisition Corporation II Class A
SRUN
| $3.15M | ﹤0.01% |
309,111
-105,762
| -25% | -$1.08M |
|
1925
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.84B
| $3.15M | ﹤0.01% |
81,933
+62,573
| +323% | +$2.4M |
|
Similar funds
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.