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 | |
|---|---|---|---|---|---|---|
|
ANW
2026
DELISTED
Aegean Marine Petroleum Network
ANW
| $2.61M | ﹤0.01% |
527,185
+374,783
| +246% | +$1.85M |
|
2027
Princeton Bancorp
BPRN
$288M
| $2.6M | ﹤0.01% |
+81,293
| New | +$2.58M |
|
2028
NextDecade
NEXT
$1.96B
| $2.59M | ﹤0.01% |
+256,691
| New | +$2.51M |
|
|
HTBK
2029
DELISTED
Heritage Commerce
HTBK
| $2.59M | ﹤0.01% |
181,837
-16,819
| -8% | -$230K |
|
|
PGEM
2030
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $2.58M | ﹤0.01% |
151,493
-64,009
| -30% | -$1.05M |
|
|
MOBL
2031
DELISTED
MobileIron, Inc.
MOBL
| $2.58M | ﹤0.01% |
697,850
-172,141
| -20% | -$772K |
|
|
HTB
2032
HomeTrust Bancshares
HTB
$773M
| $2.58M | ﹤0.01% |
100,542
+54,178
| +117% | +$1.29M |
|
|
VRTV
2033
DELISTED
VERITIV CORPORATION
VRTV
| $2.56M | ﹤0.01% |
+78,901
| New | +$2.64M |
|
|
PVLA
2034
Palvella Therapeutics
PVLA
$2.22B
| $2.55M | ﹤0.01% |
5,539
+2,585
| +88% | +$1.1M |
|
2035
Celestica
CLS
$38.8B
| $2.55M | ﹤0.01% |
205,911
-221,293
| -52% | -$2.72M |
|
|
TBI
2036
Trueblue
TBI
$318M
| $2.54M | ﹤0.01% |
113,137
+39,577
| +54% | +$895K |
|
|
AIMT
2037
CALL
DELISTED
Aimmune Therapeutics
AIMT
| $2.54M | ﹤0.01% |
+102,300
| New | +$2.21M |
|
2038
SiriusPoint
SPNT
$2.79B
| $2.54M | ﹤0.01% |
162,472
+86,850
| +115% | +$1.25M |
|
2039
FreightCar America
RAIL
$238M
| $2.53M | ﹤0.01% |
129,385
-65,710
| -34% | -$1.16M |
|
2040
First Citizens BancShares
FCNCA
$24.6B
| $2.53M | ﹤0.01% |
6,760
+1,119
| +20% | +$400K |
|
2041
InterContinental Hotels
IHG
$24.3B
| $2.52M | ﹤0.01% |
+45,273
| New | +$2.52M |
|
2042
CALL
Johnson & Johnson
JNJ
$651B
| $2.52M | ﹤0.01% |
+20,000
| New | +$2.65M |
|
|
LNW
2043
DELISTED
Light & Wonder
LNW
| $2.51M | ﹤0.01% |
54,820
-51,541
| -48% | -$1.8M |
|
|
IVC
2044
DELISTED
Invacare Corporation
IVC
| $2.51M | ﹤0.01% |
159,557
-429,901
| -73% | -$6.14M |
|
2045
Comfort Systems
FIX
$56.9B
| $2.5M | ﹤0.01% |
70,161
-155,118
| -69% | -$5.36M |
|
2046
Hewlett Packard
HPE
$73.1B
| $2.5M | ﹤0.01% |
170,201
-694,263
| -80% | -$9.47M |
|
|
ATSG
2047
DELISTED
Air Transport Services Group
ATSG
| $2.5M | ﹤0.01% |
102,758
-103,920
| -50% | -$2.42M |
|
2048
NewMarket
NEU
$8.51B
| $2.5M | ﹤0.01% |
+5,869
| New | +$2.56M |
|
2049
PUT
United Natural Foods
UNFI
$2.9B
| $2.5M | ﹤0.01% |
+60,000
| New | +$2.23M |
|
|
UBA
2050
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $2.49M | ﹤0.01% |
114,660
-216,280
| -65% | -$4.52M |
|
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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.