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 |
Keurig Dr Pepper
KDP
|
+$870M |
| 2 |
Amazon
AMZN
|
+$319M |
| 3 |
Automatic Data Processing
ADP
|
+$216M |
| 4 |
Evergy
EVRG
|
+$214M |
| 5 |
Chevron
CVX
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$296M |
| 2 |
Mondelez International
MDLZ
|
+$235M |
| 3 |
Abbott
ABT
|
+$229M |
| 4 |
Lam Research
LRCX
|
+$189M |
| 5 |
American International
AIG
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.97% |
| 2 | Technology | 12.66% |
| 3 | Healthcare | 12.25% |
| 4 | Consumer Discretionary | 10.03% |
| 5 | Industrials | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
IBM
IBM
$222B
| $106M | 0.14% |
791,899
+467,534
| +144% | +$65.2M |
|
177
Qorvo
QRVO
$8.43B
| $105M | 0.14% |
1,310,508
+864,601
| +194% | +$66.8M |
|
178
Aon
AON
$75.3B
| $105M | 0.14% |
762,369
+274,617
| +56% | +$38.7M |
|
|
UFS
179
DELISTED
DOMTAR CORPORATION (New)
UFS
| $104M | 0.14% |
2,184,013
-181,733
| -8% | -$8.42M |
|
|
VMRK
180
Vivmark Residential
VMRK
$25B
| $104M | 0.14% |
+1,626,792
| New | +$101M |
|
|
LLL
181
DELISTED
L3 Technologies, Inc.
LLL
| $104M | 0.14% |
538,242
+118,823
| +28% | +$23.7M |
|
182
Gen Digital
GEN
$17.3B
| $103M | 0.13% |
4,999,579
+4,920,597
| +6,230% | +$118M |
|
183
DTE Energy
DTE
$28.1B
| $103M | 0.13% |
1,167,978
-651,651
| -36% | -$56.4M |
|
184
HP
HPQ
$27.2B
| $103M | 0.13% |
4,536,511
-2,010,350
| -31% | -$44.8M |
|
185
Lincoln National
LNC
$8.07B
| $103M | 0.13% |
1,646,582
+779,470
| +90% | +$53.3M |
|
|
PF
186
DELISTED
Pinnacle Foods, Inc.
PF
| $102M | 0.13% |
1,565,248
-1,093,052
| -41% | -$67.3M |
|
187
Range Resources
RRC
$9.59B
| $102M | 0.13% |
6,080,404
+2,139,208
| +54% | +$32.4M |
|
188
lululemon athletica
LULU
$13.7B
| $102M | 0.13% |
814,567
+219,428
| +37% | +$23.4M |
|
189
DaVita
DVA
$11.1B
| $101M | 0.13% |
1,456,965
+305,370
| +27% | +$20.4M |
|
190
Marathon Petroleum
MPC
$101B
| $99.3M | 0.13% |
1,414,706
-530,166
| -27% | -$40.5M |
|
191
Citizens Financial Group
CFG
$29.4B
| $98.8M | 0.13% |
2,540,245
+158,454
| +7% | +$6.6M |
|
192
Cardinal Health
CAH
$53.4B
| $98.6M | 0.13% |
2,019,314
+1,999,343
| +10,011% | +$113M |
|
193
Pultegroup
PHM
$24.6B
| $98M | 0.13% |
3,408,054
-2,651,237
| -44% | -$79.8M |
|
194
Netflix
NFLX
$331B
| $98M | 0.13% |
2,502,990
+48,580
| +2% | +$1.66M |
|
195
Cencora
COR
$60.7B
| $97.7M | 0.13% |
1,145,365
+741,391
| +184% | +$65.1M |
|
196
Centene
CNC
$32.1B
| $97.4M | 0.13% |
1,581,562
+759,716
| +92% | +$43.8M |
|
197
PTC
PTC
$16.8B
| $97.4M | 0.13% |
1,038,404
+719,478
| +226% | +$62.2M |
|
|
EE
198
DELISTED
El Paso Electric Company
EE
| $97.2M | 0.13% |
1,644,321
+627,790
| +62% | +$34.2M |
|
|
WFT
199
DELISTED
Weatherford International plc
WFT
| $96.2M | 0.13% |
29,244,554
+14,009,329
| +92% | +$43.6M |
|
200
OGE Energy
OGE
$9.42B
| $96.1M | 0.13% |
2,728,179
-1,323,161
| -33% | -$44.5M |
|
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Israel Englander's Q2 2018 Portfolio in Review
As of Q2 2018, Israel Englander held 4,494 positions worth $76.7B, up 2.3% from $74.9B the previous quarter. Its ten largest holdings account for 7.3% of the portfolio.
Israel Englander's Q2 2018 filing shows 911 new, 1,261 increased, 1,542 reduced and 746 closed positions. Its largest new stake was Evergy: 3,989,462 shares worth $224M. The largest sale was Bank of America, an estimated $296M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
- Israel Englander's largest Q2 2018 buy was Evergy: 3,989,462 shares worth $224M.
- Israel Englander added most to Keurig Dr Pepper in Q2 2018, an estimated $870M increase.
- Israel Englander's biggest Q2 2018 reduction was Bank of America, cutting an estimated $296M.
- Israel Englander fully exited American International in Q2 2018, selling an estimated $170M.
- Israel Englander's ten largest holdings make up 7.3% of its $76.7B portfolio in Q2 2018.
- Israel Englander opened 911 new positions and closed 746 in Q2 2018.
- Israel Englander's portfolio value rose 2.3% quarter-over-quarter to $76.7B.
Based on Millennium Management's 13F filing for Q2 2018, filed 14 Aug 2018.