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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Miscellaneous | 10.87% |
| 5 | Consumer Discretionary | 10.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2101
CALL
ConocoPhillips
COP
$156B
| $2.28M | ﹤0.01% |
+36,500
| New | +$2.48M |
|
|
TELL
2102
CALL
DELISTED
Tellurian Inc.
TELL
| $2.26M | ﹤0.01% |
325,000
+175,000
| +117% | +$1.35M |
|
2103
Pathward Financial
CASH
$1.69B
| $2.25M | ﹤0.01% |
116,284
+29,800
| +34% | +$695K |
|
2104
Deckers Outdoor
DECK
$11.8B
| $2.25M | ﹤0.01% |
105,588
-106,596
| -50% | -$2.16M |
|
|
SFIX
2105
Stitch Fix
SFIX
$412M
| $2.25M | ﹤0.01% |
131,595
-23,571
| -15% | -$583K |
|
|
GLDD
2106
DELISTED
Great Lakes Dredge & Dock
GLDD
| $2.24M | ﹤0.01% |
+339,046
| New | +$2.21M |
|
2107
Philips
PHG
$26.3B
| $2.24M | ﹤0.01% |
82,332
-35,315
| -30% | -$1.04M |
|
2108
CALL
IBM
IBM
$225B
| $2.24M | ﹤0.01% |
20,606
+2,824
| +16% | +$339K |
|
2109
Citi Trends
CTRN
$572M
| $2.24M | ﹤0.01% |
109,740
-80,672
| -42% | -$1.91M |
|
2110
El Pollo Loco
LOCO
$463M
| $2.24M | ﹤0.01% |
147,524
+17,924
| +14% | +$258K |
|
2111
PUT
Thermo Fisher Scientific
TMO
$233B
| $2.24M | ﹤0.01% |
10,000
-15,000
| -60% | -$3.52M |
|
2112
Grupo Aval
AVAL
$6.34B
| $2.24M | ﹤0.01% |
379,110
-11,005
| -3% | -$75.5K |
|
|
YELL
2113
DELISTED
Yellow Corporation Common Stock
YELL
| $2.24M | ﹤0.01% |
709,749
+267,559
| +61% | +$1.7M |
|
2114
PENN Entertainment
PENN
$2.33B
| $2.23M | ﹤0.01% |
118,496
-2,289,793
| -95% | -$54.4M |
|
2115
Harmonic Inc
HLIT
$1.34B
| $2.22M | ﹤0.01% |
471,051
-257,043
| -35% | -$1.4M |
|
2116
Atlantic Union Bankshares
AUB
$5.83B
| $2.21M | ﹤0.01% |
+78,108
| New | +$2.63M |
|
2117
Carriage Services
CSV
$544M
| $2.2M | ﹤0.01% |
142,215
+60,324
| +74% | +$1.06M |
|
2118
GDS Holdings
GDS
$6.71B
| $2.2M | ﹤0.01% |
95,258
-201,997
| -68% | -$5.27M |
|
2119
Glaukos
GKOS
$10.7B
| $2.19M | ﹤0.01% |
39,065
-454,068
| -92% | -$27.3M |
|
|
CPLG
2120
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $2.19M | ﹤0.01% |
179,010
-1,454,007
| -89% | -$22M |
|
2121
First Commonwealth Financial
FCF
$2.1B
| $2.19M | ﹤0.01% |
181,302
+127,737
| +238% | +$1.75M |
|
2122
Arlo Technologies
ARLO
$1.41B
| $2.19M | ﹤0.01% |
219,347
+209,322
| +2,088% | +$2.51M |
|
|
JPS
2123
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
| $2.18M | ﹤0.01% |
262,971
+219,471
| +505% | +$1.82M |
|
|
CHUY
2124
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $2.17M | ﹤0.01% |
122,576
+50,353
| +70% | +$1.14M |
|
2125
NextEra Energy
NEE
$174B
| $2.17M | ﹤0.01% |
49,888
-15,212
| -23% | -$665K |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $2.35B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.