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 | |
|---|---|---|---|---|---|---|
|
BECN
176
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $81.3M | 0.12% |
1,586,347
+723,799
| +84% | +$33.7M |
|
177
JD.com
JD
$39.7B
| $80.9M | 0.12% |
2,117,471
+1,761,903
| +496% | +$75.4M |
|
178
DuPont de Nemours
DD
$18.7B
| $80.8M | 0.12% |
460,799
+306,687
| +199% | +$51.2M |
|
179
Canadian Pacific Kansas City
CP
$85B
| $80.7M | 0.12% |
2,402,490
-1,472,005
| -38% | -$46.8M |
|
180
XPO
XPO
$23.2B
| $80.6M | 0.12% |
3,436,957
-271,377
| -7% | -$5.68M |
|
181
Ford
F
$57.5B
| $80.3M | 0.12% |
+6,704,277
| New | +$75.6M |
|
182
FedEx
FDX
$76.9B
| $79.9M | 0.12% |
354,325
-15,729
| -4% | -$3.35M |
|
183
Restaurant Brands International
QSR
$28.2B
| $79.8M | 0.12% |
1,249,049
+1,057,042
| +551% | +$65.3M |
|
|
MON
184
DELISTED
Monsanto Co
MON
| $79.6M | 0.12% |
664,455
+84,591
| +15% | +$9.95M |
|
185
Edison International
EIX
$27.5B
| $79.4M | 0.12% |
1,029,443
+1,016,648
| +7,946% | +$80.4M |
|
186
Phillips 66
PSX
$96.9B
| $79.3M | 0.12% |
865,711
-149,568
| -15% | -$12.7M |
|
|
RSPP
187
DELISTED
RSP Permian, Inc.
RSPP
| $79.2M | 0.12% |
2,288,770
-2,604,049
| -53% | -$83.7M |
|
|
CTLT
188
DELISTED
CATALENT, INC.
CTLT
| $79.1M | 0.12% |
1,981,973
+1,894,831
| +2,174% | +$70.2M |
|
189
Thermo Fisher Scientific
TMO
$233B
| $78.8M | 0.12% |
416,684
-242,955
| -37% | -$44M |
|
190
Mid-America Apartment Communities
MAA
$15.2B
| $78.8M | 0.12% |
737,447
+81,663
| +12% | +$8.57M |
|
191
Alliant Energy
LNT
$17.6B
| $78.8M | 0.12% |
1,895,983
+12,406
| +0.7% | +$516K |
|
192
Cummins
CMI
$80.9B
| $78.8M | 0.12% |
468,686
+122,895
| +36% | +$19.9M |
|
|
NEX
193
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $78.7M | 0.12% |
4,716,098
+1,603,396
| +52% | +$23.5M |
|
194
Empire State Realty Trust
ESRT
$834M
| $78.7M | 0.12% |
3,829,269
+2,068,768
| +118% | +$42.4M |
|
195
Weyerhaeuser
WY
$17.6B
| $78.4M | 0.12% |
2,304,435
+2,098,833
| +1,021% | +$68.9M |
|
196
Western Digital
WDC
$166B
| $78.3M | 0.12% |
1,199,420
+1,195,178
| +28,175% | +$79.3M |
|
|
MFA
197
MFA Financial
MFA
$901M
| $78.3M | 0.12% |
2,235,180
+398,523
| +22% | +$13.8M |
|
198
Take-Two Interactive
TTWO
$44.8B
| $78.2M | 0.12% |
765,163
-564,941
| -42% | -$50.6M |
|
|
SKX
199
DELISTED
Skechers
SKX
| $78.1M | 0.12% |
3,114,687
+1,111,445
| +55% | +$30.4M |
|
200
American Homes 4 Rent
AMH
$12.4B
| $77.9M | 0.12% |
3,588,392
+1,435,005
| +67% | +$32.2M |
|
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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.