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 |
Boston Scientific
BSX
|
+$240M |
| 2 |
eBay
EBAY
|
+$231M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$216M |
| 4 |
Ameren
AEE
|
+$196M |
| 5 |
Kohl's
KSS
|
+$182M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$552M |
| 2 |
Micron Technology
MU
|
+$425M |
| 3 |
Visa
V
|
+$225M |
| 4 |
Marathon Petroleum
MPC
|
+$225M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$218M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.17% |
| 2 | Healthcare | 12.72% |
| 3 | Technology | 12.27% |
| 4 | Industrials | 11.44% |
| 5 | Consumer Discretionary | 11.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2176
Movado Group
MOV
$770M
| $2.46M | ﹤0.01% |
64,139
-55,163
| -46% | -$1.76M |
|
2177
iShares National Muni Bond ETF
MUB
$45.5B
| $2.46M | ﹤0.01% |
22,592
-32,963
| -59% | -$3.6M |
|
2178
SLR Investment Corp
SLRC
$681M
| $2.45M | ﹤0.01% |
120,744
-223,936
| -65% | -$4.61M |
|
2179
Planet Fitness
PLNT
$3.91B
| $2.45M | ﹤0.01% |
64,845
+25,350
| +64% | +$888K |
|
2180
Impinj
PI
$5.14B
| $2.44M | ﹤0.01% |
+187,434
| New | +$3.13M |
|
|
GES
2181
DELISTED
Guess Inc
GES
| $2.44M | ﹤0.01% |
117,532
+50,965
| +77% | +$851K |
|
|
VEDL
2182
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $2.43M | ﹤0.01% |
138,354
+118,226
| +587% | +$2.38M |
|
|
JNCE
2183
CALL
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $2.43M | ﹤0.01% |
+108,600
| New | +$2.41M |
|
|
RST
2184
DELISTED
ROSETTA STONE INC
RST
| $2.42M | ﹤0.01% |
184,431
+71,542
| +63% | +$935K |
|
|
BEAT
2185
DELISTED
BioTelemetry, Inc.
BEAT
| $2.42M | ﹤0.01% |
+78,042
| New | +$2.57M |
|
2186
B2Gold
BTG
$7.7B
| $2.42M | ﹤0.01% |
884,576
+843,988
| +2,079% | +$2.49M |
|
|
GBT
2187
PUT
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $2.42M | ﹤0.01% |
+50,000
| New | +$2.79M |
|
|
SRGA
2188
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $2.41M | ﹤0.01% |
17,494
-2,228
| -11% | -$303K |
|
2189
Arista Networks
ANET
$254B
| $2.41M | ﹤0.01% |
150,832
-1,839,360
| -92% | -$31M |
|
2190
PUT
Medtronic
MDT
$115B
| $2.41M | ﹤0.01% |
30,000
+20,000
| +200% | +$1.65M |
|
2191
Polaris
PII
$3.63B
| $2.41M | ﹤0.01% |
21,013
-261,045
| -93% | -$31.4M |
|
2192
Genco Shipping & Trading
GNK
$1.12B
| $2.4M | ﹤0.01% |
168,402
+154,402
| +1,103% | +$2.15M |
|
2193
Minerals Technologies
MTX
$2.25B
| $2.39M | ﹤0.01% |
35,760
-270,972
| -88% | -$19.4M |
|
2194
Sibanye-Stillwater
SBSW
$8.68B
| $2.38M | ﹤0.01% |
+621,395
| New | +$2.69M |
|
2195
Old Second Bancorp
OSBC
$1.28B
| $2.38M | ﹤0.01% |
171,189
-159,589
| -48% | -$2.27M |
|
2196
iShares MSCI India ETF
INDA
$6.61B
| $2.38M | ﹤0.01% |
69,656
+53,442
| +330% | +$1.9M |
|
2197
MannKind Corp
MNKD
$1.31B
| $2.37M | ﹤0.01% |
1,039,696
+878,432
| +545% | +$2.37M |
|
2198
iShares S&P 500 Growth ETF
IVW
$77.2B
| $2.37M | ﹤0.01% |
61,064
-88,724
| -59% | -$3.54M |
|
|
CARO
2199
DELISTED
Carolina Financial Corp.
CARO
| $2.37M | ﹤0.01% |
+60,201
| New | +$2.38M |
|
|
AYR
2200
DELISTED
Aircastle Ltd
AYR
| $2.37M | ﹤0.01% |
119,079
+45,913
| +63% | +$997K |
|
Similar funds
Israel Englander's Q1 2018 Portfolio in Review
As of Q1 2018, Israel Englander held 4,417 positions worth $74.9B, up 3.4% from $72.5B the previous quarter. Its ten largest holdings account for 6.3% of the portfolio.
Israel Englander deployed $2.48B of net new capital in Q1 2018, opening 664 new positions and adding to 1,466 existing holdings. Its largest new stake was Tiffany & Co.: 1,078,847 shares worth $105M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $552M trimmed.
- Israel Englander's largest Q1 2018 buy was Tiffany & Co.: 1,078,847 shares worth $105M.
- Israel Englander added most to Boston Scientific in Q1 2018, an estimated $240M increase.
- Israel Englander's biggest Q1 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $552M.
- Israel Englander fully exited Equinix in Q1 2018, selling an estimated $152M.
- Israel Englander's ten largest holdings make up 6.3% of its $74.9B portfolio in Q1 2018.
- Israel Englander opened 664 new positions and closed 833 in Q1 2018.
- Israel Englander's portfolio value rose 3.4% quarter-over-quarter to $74.9B.
Based on Millennium Management's 13F filing for Q1 2018, filed 15 May 2018.