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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$593M |
| 2 |
Abbott
ABT
|
+$259M |
| 3 |
AutoZone
AZO
|
+$204M |
| 4 |
AABA
Altaba Inc
AABA
|
+$186M |
| 5 |
D.R. Horton
DHI
|
+$178M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$215M |
| 2 |
Public Service Enterprise Group
PEG
|
+$211M |
| 3 |
Applied Materials
AMAT
|
+$203M |
| 4 |
Intuitive Surgical
ISRG
|
+$194M |
| 5 |
ConocoPhillips
COP
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.49% |
| 2 | Technology | 12.13% |
| 3 | Healthcare | 11.89% |
| 4 | Consumer Discretionary | 11.58% |
| 5 | Industrials | 10.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2176
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.1B
| $2.37M | ﹤0.01% |
48,434
+39,505
| +442% | +$1.93M |
|
|
QADA
2177
DELISTED
QAD Inc.
QADA
| $2.37M | ﹤0.01% |
60,864
+1,593
| +3% | +$59.9K |
|
2178
MGE Energy Inc
MGEE
$2.97B
| $2.36M | ﹤0.01% |
37,444
+27,800
| +288% | +$1.81M |
|
2179
Scotiabank
BNS
$113B
| $2.36M | ﹤0.01% |
+36,579
| New | +$2.37M |
|
|
ECOM
2180
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $2.36M | ﹤0.01% |
261,848
+167,660
| +178% | +$1.66M |
|
2181
Eldorado Gold
EGO
$12.5B
| $2.35M | ﹤0.01% |
328,322
+174,694
| +114% | +$1.3M |
|
|
FL
2182
CALL
DELISTED
Foot Locker
FL
| $2.34M | ﹤0.01% |
+50,000
| New | +$1.87M |
|
2183
RBC Bearings
RBC
$16B
| $2.34M | ﹤0.01% |
+18,526
| New | +$2.32M |
|
|
FISV
2184
Fiserv Inc
FISV
$28B
| $2.34M | ﹤0.01% |
35,706
-2,616
| -7% | -$169K |
|
|
ALDR
2185
DELISTED
Alder Biopharmaceuticals
ALDR
| $2.34M | ﹤0.01% |
+204,423
| New | +$2.28M |
|
|
BFS
2186
Saul Centers
BFS
$824M
| $2.34M | ﹤0.01% |
37,885
+12,762
| +51% | +$799K |
|
|
TFCF
2187
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $2.34M | ﹤0.01% |
68,556
-795,485
| -92% | -$23.2M |
|
2188
Wipro
WIT
$17.7B
| $2.34M | ﹤0.01% |
1,139,715
-357,194
| -24% | -$714K |
|
2189
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.22B
| $2.33M | ﹤0.01% |
112,735
-125,321
| -53% | -$2.56M |
|
|
EHI
2190
Western Asset Global High Income Fund
EHI
$173M
| $2.32M | ﹤0.01% |
+226,611
| New | +$2.29M |
|
2191
American Financial Group
AFG
$11.8B
| $2.31M | ﹤0.01% |
21,321
-20,378
| -49% | -$2.14M |
|
2192
Hewlett Packard
HPE
$72B
| $2.31M | ﹤0.01% |
160,876
-9,325
| -5% | -$132K |
|
2193
SunCoke Energy
SXC
$860M
| $2.31M | ﹤0.01% |
192,637
+153,728
| +395% | +$1.66M |
|
2194
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $2.31M | ﹤0.01% |
26,411
+11,561
| +78% | +$1.01M |
|
|
KALV
2195
DELISTED
KalVista Pharmaceuticals
KALV
| $2.31M | ﹤0.01% |
+236,584
| New | +$2.46M |
|
|
TRCO
2196
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $2.29M | ﹤0.01% |
53,892
-90,274
| -63% | -$3.72M |
|
2197
Regional Management Corp
RM
$299M
| $2.28M | ﹤0.01% |
86,815
+56,407
| +186% | +$1.38M |
|
|
2198
CALL
Abbott
ABT
$194B
| $2.28M | ﹤0.01% |
40,000
-260,000
| -87% | -$14.4M |
|
|
ODT
2199
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $2.28M | ﹤0.01% |
+91,093
| New | +$2.15M |
|
2200
Banc of California
BANC
$2.96B
| $2.27M | ﹤0.01% |
110,127
-1,224,148
| -92% | -$25.6M |
|
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Israel Englander's Q4 2017 Portfolio in Review
As of Q4 2017, Israel Englander held 4,357 positions worth $72.5B, up 10% from $65.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander deployed $4.49B of net new capital in Q4 2017, opening 897 new positions and adding to 1,473 existing holdings. Its largest new stake was Viatris: 2,905,317 shares worth $123M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Honeywell, an estimated $215M trimmed.
- Israel Englander's largest Q4 2017 buy was Viatris: 2,905,317 shares worth $123M.
- Israel Englander added most to State Street SPDR S&P 500 ETF Trust in Q4 2017, an estimated $593M increase.
- Israel Englander's biggest Q4 2017 reduction was Honeywell, cutting an estimated $215M.
- Israel Englander fully exited Paychex in Q4 2017, selling an estimated $66.4M.
- Israel Englander's ten largest holdings make up 6.7% of its $72.5B portfolio in Q4 2017.
- Israel Englander opened 897 new positions and closed 601 in Q4 2017.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $72.5B.
Based on Millennium Management's 13F filing for Q4 2017, filed 14 Feb 2018.