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 | |
|---|---|---|---|---|---|---|
201
TechnipFMC
FTI
$30.4B
| $96.8M | 0.13% |
4,415,329
+4,241,281
| +2,437% | +$98.2M |
|
202
Analog Devices
ADI
$182B
| $96.2M | 0.13% |
1,055,409
+1,011,516
| +2,305% | +$92.1M |
|
|
SIVB
203
DELISTED
SVB Financial Group
SIVB
| $95.8M | 0.13% |
399,256
+254,116
| +175% | +$63.8M |
|
204
Norfolk Southern
NSC
$78.8B
| $95.4M | 0.13% |
702,698
+533,482
| +315% | +$76.7M |
|
205
Amazon
AMZN
$2.79T
| $95.4M | 0.13% |
1,318,100
-518,820
| -28% | -$37.1M |
|
206
Masco
MAS
$14.5B
| $95.3M | 0.13% |
2,357,770
+2,274,184
| +2,721% | +$97.7M |
|
207
SBA Communications
SBAC
$19.4B
| $95M | 0.13% |
555,676
+391,979
| +239% | +$65M |
|
|
VVC
208
DELISTED
Vectren Corporation
VVC
| $93.7M | 0.13% |
1,465,982
+789,320
| +117% | +$48.8M |
|
209
Plains GP Holdings
PAGP
$5.31B
| $92.9M | 0.12% |
4,272,725
+1,483,681
| +53% | +$32.8M |
|
210
Corpay
CPAY
$27.4B
| $92.7M | 0.12% |
457,923
-146,221
| -24% | -$29.7M |
|
211
Huntington Bancshares
HBAN
$34.4B
| $92.7M | 0.12% |
6,138,415
+1,214,418
| +25% | +$19.1M |
|
212
Vertex Pharmaceuticals
VRTX
$139B
| $92.7M | 0.12% |
568,549
-659,534
| -54% | -$108M |
|
|
VMW
213
DELISTED
VMware, Inc
VMW
| $92.6M | 0.12% |
763,906
+758,883
| +15,108% | +$95.6M |
|
214
Dover
DOV
$27.2B
| $92.6M | 0.12% |
1,167,001
-302,021
| -21% | -$24.8M |
|
|
TWTR
215
DELISTED
Twitter, Inc.
TWTR
| $91.3M | 0.12% |
3,146,929
+1,129,620
| +56% | +$33.1M |
|
216
Huntington Ingalls Industries
HII
$11.8B
| $91.3M | 0.12% |
354,169
+298,629
| +538% | +$74.1M |
|
217
Intel
INTC
$476B
| $91.2M | 0.12% |
1,750,545
+1,419,040
| +428% | +$67.4M |
|
218
Fidelity National Information Services
FIS
$21.3B
| $90.9M | 0.12% |
944,062
+660,853
| +233% | +$64.8M |
|
219
Chord Energy
CHRD
$8.09B
| $90.6M | 0.12% |
11,184,381
+67,256
| +0.6% | +$568K |
|
|
BRSL
220
Brightstar Lottery PLC
BRSL
$2.21B
| $90.6M | 0.12% |
3,387,760
+466,085
| +16% | +$12.9M |
|
221
CubeSmart
CUBE
$9.21B
| $90M | 0.12% |
3,190,078
-1,345,416
| -30% | -$36.7M |
|
|
XL
222
DELISTED
XL Group Ltd.
XL
| $89.1M | 0.12% |
1,612,634
+1,499,478
| +1,325% | +$65.8M |
|
223
Highwoods Properties
HIW
$3.46B
| $89M | 0.12% |
2,032,014
-40,195
| -2% | -$1.82M |
|
224
Jack in the Box
JACK
$331M
| $88.7M | 0.12% |
1,039,330
+44,890
| +5% | +$4.02M |
|
|
WBC
225
DELISTED
WABCO HOLDINGS INC.
WBC
| $88.6M | 0.12% |
661,964
+336,063
| +103% | +$48.7M |
|
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 $3.29B 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.