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 | |
|---|---|---|---|---|---|---|
|
FIT
2051
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $2.48M | ﹤0.01% |
356,519
-1,219,740
| -77% | -$7.1M |
|
2052
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $2.48M | ﹤0.01% |
29,248
-5,343
| -15% | -$454K |
|
2053
CALL
Verizon
VZ
$209B
| $2.48M | ﹤0.01% |
+50,000
| New | +$2.35M |
|
|
FISV
2054
Fiserv Inc
FISV
$27.9B
| $2.47M | ﹤0.01% |
38,322
-902,164
| -96% | -$56.1M |
|
2055
CALL
Hexcel
HXL
$7.16B
| $2.47M | ﹤0.01% |
+43,000
| New | +$2.32M |
|
2056
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.1B
| $2.47M | ﹤0.01% |
54,798
-734,360
| -93% | -$33M |
|
|
TWTR
2057
DELISTED
Twitter, Inc.
TWTR
| $2.47M | ﹤0.01% |
+146,276
| New | +$2.55M |
|
2058
Ingles Markets
IMKTA
$1.59B
| $2.45M | ﹤0.01% |
+95,352
| New | +$2.54M |
|
2059
CALL
DexCom
DXCM
$33.6B
| $2.45M | ﹤0.01% |
+200,000
| New | +$3.54M |
|
2060
Bath & Body Works
BBWI
$3.81B
| $2.44M | ﹤0.01% |
72,517
-442,089
| -86% | -$14.8M |
|
2061
Upbound Group
UPBD
$1.13B
| $2.44M | ﹤0.01% |
212,396
+161,686
| +319% | +$2M |
|
|
TWOU
2062
DELISTED
2U Inc
TWOU
| $2.44M | ﹤0.01% |
+1,450
| New | +$2.18M |
|
2063
American States Water
AWR
$3.56B
| $2.43M | ﹤0.01% |
49,421
+44,131
| +834% | +$2.18M |
|
2064
Protagonist Therapeutics
PTGX
$9.8B
| $2.43M | ﹤0.01% |
137,352
-64,360
| -32% | -$891K |
|
2065
Under Armour Class C
UA
$2.16B
| $2.42M | ﹤0.01% |
161,282
+147,528
| +1,073% | +$2.48M |
|
2066
US Bancorp
USB
$97.8B
| $2.42M | ﹤0.01% |
45,173
-61,880
| -58% | -$3.24M |
|
2067
CALL
Teleflex
TFX
$5.88B
| $2.42M | ﹤0.01% |
10,000
| – | – |
|
|
TOUR
2068
Tuniu
TOUR
$52.4M
| $2.42M | ﹤0.01% |
30,931
+5,480
| +22% | +$425K |
|
|
JBGS
2069
JBG SMITH
JBGS
$723M
| $2.41M | ﹤0.01% |
+70,555
| New | +$2.39M |
|
|
FOGO
2070
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| $2.4M | ﹤0.01% |
193,897
+25,846
| +15% | +$336K |
|
2071
iShares S&P 100 ETF
OEF
$20.3B
| $2.39M | ﹤0.01% |
21,502
+13,839
| +181% | +$1.51M |
|
|
RDUS
2072
DELISTED
Radius Recycling
RDUS
| $2.39M | ﹤0.01% |
85,016
-155,949
| -65% | -$4.09M |
|
|
CTLP
2073
DELISTED
Cantaloupe
CTLP
| $2.39M | ﹤0.01% |
+382,547
| New | +$2.06M |
|
2074
First Trust Preferred Securities and Income ETF
FPE
$6.29B
| $2.39M | ﹤0.01% |
118,872
+28,837
| +32% | +$580K |
|
2075
Alamos Gold
AGI
$15.7B
| $2.38M | ﹤0.01% |
352,673
+288,862
| +453% | +$2.13M |
|
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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.