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 | |
|---|---|---|---|---|---|---|
1901
Strategy Inc
MSTR
$48.9B
| $4.33M | 0.01% |
307,730
-692,250
| -69% | -$9.72M |
|
1902
Mistras Group
MG
$599M
| $4.32M | 0.01% |
199,462
+21,296
| +12% | +$461K |
|
|
HCR
1903
CALL
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $4.32M | 0.01% |
+400,000
| New | +$5.02M |
|
|
KAACU
1904
DELISTED
Kayne Anderson Acquisition Corp. Unit
KAACU
| $4.32M | 0.01% |
400,000
| – | – |
|
1905
Wave Life Sciences
WVE
$1.03B
| $4.32M | 0.01% |
+86,349
| New | +$3.9M |
|
|
SBT
1906
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $4.31M | 0.01% |
380,810
-114,341
| -23% | -$1.43M |
|
1907
Bank of Marin Bancorp
BMRC
$434M
| $4.3M | 0.01% |
102,622
+12,948
| +14% | +$558K |
|
1908
Unifirst Corp
UNF
$5.21B
| $4.3M | 0.01% |
24,761
-7,490
| -23% | -$1.38M |
|
1909
Theravance Biopharma
TBPH
$884M
| $4.3M | 0.01% |
131,596
+88,430
| +205% | +$2.41M |
|
1910
Globus Medical
GMED
$11.2B
| $4.3M | 0.01% |
+75,704
| New | +$3.98M |
|
1911
Element Solutions
ESI
$8.78B
| $4.28M | 0.01% |
+343,160
| New | +$4.28M |
|
|
CMBT
1912
CMB.TECH NV
CMBT
$5.12B
| $4.28M | 0.01% |
491,471
+11,123
| +2% | +$94.5K |
|
1913
Agios Pharmaceuticals
AGIO
$2.03B
| $4.27M | 0.01% |
+55,409
| New | +$4.46M |
|
1914
APA Corp
APA
$14.4B
| $4.24M | 0.01% |
+88,972
| New | +$4M |
|
1915
PUT
ICU Medical
ICUI
$4.49B
| $4.24M | 0.01% |
15,000
| – | – |
|
1916
TriNet
TNET
$3.23B
| $4.23M | 0.01% |
75,059
-139,483
| -65% | -$7.84M |
|
1917
Steven Madden
SHOO
$3.3B
| $4.22M | 0.01% |
119,688
-49,902
| -29% | -$1.85M |
|
1918
Cirrus Logic
CRUS
$5.53B
| $4.22M | 0.01% |
109,257
-52,038
| -32% | -$2.16M |
|
1919
Enterprise Financial Services Corp
EFSC
$2.29B
| $4.22M | 0.01% |
79,494
-14,899
| -16% | -$829K |
|
1920
Copart
CPRT
$30.2B
| $4.21M | 0.01% |
326,756
-2,106,484
| -87% | -$31.5M |
|
|
SPPI
1921
PUT
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $4.21M | 0.01% |
+250,500
| New | +$5.42M |
|
|
FSCT
1922
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $4.21M | 0.01% |
111,445
-137,214
| -55% | -$4.97M |
|
1923
CALL
uniQure
QURE
$3.53B
| $4.21M | 0.01% |
+115,600
| New | +$4.3M |
|
1924
Deckers Outdoor
DECK
$12.2B
| $4.19M | 0.01% |
212,184
-547,080
| -72% | -$10.6M |
|
1925
Cerus
CERS
$552M
| $4.19M | 0.01% |
581,022
-635,673
| -52% | -$4.62M |
|
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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.