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 | |
|---|---|---|---|---|---|---|
2201
PUT
Sysco
SYY
$39.5B
| $1.88M | ﹤0.01% |
30,000
| – | – |
|
2202
BlackRock Corporate High Yield Fund
HYT
$1.35B
| $1.88M | ﹤0.01% |
202,459
-45,259
| -18% | -$445K |
|
|
FLNT
2203
Fluent
FLNT
$118M
| $1.88M | ﹤0.01% |
+86,923
| New | +$1.58M |
|
2204
Huazhu Hotels Group
HTHT
$14.7B
| $1.88M | ﹤0.01% |
65,566
+983
| +2% | +$28.3K |
|
2205
Great Southern Bancorp
GSBC
$855M
| $1.88M | ﹤0.01% |
40,731
+24,382
| +149% | +$1.27M |
|
|
LXFT
2206
DELISTED
Luxoft Holding, Inc.
LXFT
| $1.88M | ﹤0.01% |
+61,643
| New | +$2.31M |
|
2207
PUT
J.M. Smucker
SJM
$14.4B
| $1.87M | ﹤0.01% |
+20,000
| New | +$2.09M |
|
|
LOMA
2208
Loma Negra
LOMA
$1.14B
| $1.87M | ﹤0.01% |
167,949
+99,920
| +147% | +$970K |
|
2209
Victory Capital Holdings
VCTR
$7.4B
| $1.87M | ﹤0.01% |
182,863
-274,912
| -60% | -$2.68M |
|
2210
Select Water Solutions
WTTR
$2.55B
| $1.87M | ﹤0.01% |
295,805
+155,687
| +111% | +$1.54M |
|
|
STAY
2211
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $1.87M | ﹤0.01% |
120,574
-60,271
| -33% | -$1.06M |
|
|
FTR
2212
DELISTED
Frontier Communications Corp.
FTR
| $1.87M | ﹤0.01% |
783,963
+147,260
| +23% | +$624K |
|
2213
ADT
ADT
$5.43B
| $1.86M | ﹤0.01% |
310,047
-529,115
| -63% | -$3.99M |
|
2214
GATX Corp
GATX
$6.29B
| $1.86M | ﹤0.01% |
26,297
+14,171
| +117% | +$1.12M |
|
|
PRA
2215
DELISTED
ProAssurance
PRA
| $1.86M | ﹤0.01% |
45,851
-110,570
| -71% | -$4.74M |
|
2216
M/I Homes
MHO
$3.81B
| $1.86M | ﹤0.01% |
88,403
-1,007,832
| -92% | -$23.3M |
|
2217
SoundThinking
SSTI
$82.9M
| $1.86M | ﹤0.01% |
+59,600
| New | +$2.22M |
|
2218
Travelers Companies
TRV
$76.9B
| $1.85M | ﹤0.01% |
15,465
-282,569
| -95% | -$35.4M |
|
2219
CALL
Bausch Health
BHC
$2.38B
| $1.85M | ﹤0.01% |
+100,000
| New | +$2.38M |
|
2220
Shake Shack
SHAK
$2.84B
| $1.84M | ﹤0.01% |
40,608
+13,741
| +51% | +$709K |
|
|
FPRX
2221
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $1.84M | ﹤0.01% |
198,171
+55,450
| +39% | +$660K |
|
2222
Cohen & Steers Infrastructure Fund
UTF
$3.04B
| $1.84M | ﹤0.01% |
92,952
+60,256
| +184% | +$1.3M |
|
2223
iShares US Transportation ETF
IYT
$2.26B
| $1.83M | ﹤0.01% |
+44,404
| New | +$2.05M |
|
|
INAP
2224
DELISTED
Internap Corporation
INAP
| $1.83M | ﹤0.01% |
441,138
+54,008
| +14% | +$400K |
|
|
GOGL
2225
DELISTED
Golden Ocean Group
GOGL
| $1.83M | ﹤0.01% |
296,945
+190,785
| +180% | +$1.43M |
|
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.