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 | |
|---|---|---|---|---|---|---|
2001
Primerica
PRI
$9.27B
| $2.76M | ﹤0.01% |
33,873
-37,408
| -52% | -$2.92M |
|
|
SPNS
2002
DELISTED
Sapiens International
SPNS
| $2.76M | ﹤0.01% |
209,079
-59,060
| -22% | -$691K |
|
|
RSO
2003
DELISTED
Resource Capital Corp.
RSO
| $2.76M | ﹤0.01% |
+256,041
| New | +$2.64M |
|
2004
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $2.74M | ﹤0.01% |
93,791
-26,900
| -22% | -$767K |
|
2005
iShares Russell Mid-Cap ETF
IWR
$57.6B
| $2.74M | ﹤0.01% |
55,548
+28,560
| +106% | +$1.38M |
|
2006
Gerdau
GGB
$8.75B
| $2.74M | ﹤0.01% |
1,005,380
-4,493,441
| -82% | -$12.6M |
|
|
DRRX
2007
DELISTED
DURECT Corp
DRRX
| $2.73M | ﹤0.01% |
154,163
-3,903
| -2% | -$65.4K |
|
2008
IBM
IBM
$217B
| $2.72M | ﹤0.01% |
19,637
-36,468
| -65% | -$5.08M |
|
|
VRE
2009
DELISTED
Veris Residential
VRE
| $2.72M | ﹤0.01% |
114,578
-90,018
| -44% | -$2.22M |
|
2010
RLJ Lodging Trust
RLJ
$1.75B
| $2.71M | ﹤0.01% |
123,381
-491,469
| -80% | -$10.1M |
|
|
SNR
2011
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $2.71M | ﹤0.01% |
296,092
+140,183
| +90% | +$1.35M |
|
2012
Banco Bilbao Vizcaya Argentaria
BBVA
$160B
| $2.69M | ﹤0.01% |
301,653
+224,158
| +289% | +$1.98M |
|
2013
CRA International
CRAI
$1.07B
| $2.68M | ﹤0.01% |
65,228
+50,658
| +348% | +$1.88M |
|
2014
Senseonics Holdings Inc
SENS
$494M
| $2.67M | ﹤0.01% |
41,928
+9,228
| +28% | +$481K |
|
|
MSL
2015
DELISTED
Midsouth Bancorp, Inc.
MSL
| $2.67M | ﹤0.01% |
221,851
+34,415
| +18% | +$402K |
|
2016
Fossil Group
FOSL
$321M
| $2.67M | ﹤0.01% |
286,300
-1,158,320
| -80% | -$10.9M |
|
|
FG
2017
DELISTED
FGL Holdings Ordinary Shares
FG
| $2.66M | ﹤0.01% |
237,526
-600,610
| -72% | -$6.61M |
|
|
DNKN
2018
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $2.65M | ﹤0.01% |
+50,000
| New | +$2.65M |
|
|
NAVG
2019
DELISTED
Navigators Group Inc
NAVG
| $2.65M | ﹤0.01% |
45,464
+24,234
| +114% | +$1.35M |
|
|
NETI
2020
DELISTED
Eneti Inc.
NETI
| $2.65M | ﹤0.01% |
40,400
+9,822
| +32% | +$681K |
|
|
VR
2021
DELISTED
Validus Hold Ltd
VR
| $2.64M | ﹤0.01% |
53,570
-171,620
| -76% | -$8.71M |
|
|
ESND
2022
DELISTED
Essendant Inc.
ESND
| $2.63M | ﹤0.01% |
200,097
+128,526
| +180% | +$1.63M |
|
|
HIFR
2023
DELISTED
InfraREIT, Inc.
HIFR
| $2.63M | ﹤0.01% |
117,389
-226,975
| -66% | -$4.87M |
|
|
CIO
2024
DELISTED
City Office REIT
CIO
| $2.62M | ﹤0.01% |
190,445
+90,025
| +90% | +$1.15M |
|
|
WW
2025
PUT
DELISTED
WW International
WW
| $2.61M | ﹤0.01% |
+60,000
| New | +$2.49M |
|
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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.