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 |
Walt Disney
DIS
|
+$655M |
| 2 |
Coty
COTY
|
+$380M |
| 3 |
ConocoPhillips
COP
|
+$250M |
| 4 |
Zimmer Biomet
ZBH
|
+$213M |
| 5 |
Valero Energy
VLO
|
+$170M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$523M |
| 2 |
Merck
MRK
|
+$375M |
| 3 |
SHPG
Shire pic
SHPG
|
+$362M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$310M |
| 5 |
CELG
Celgene Corp
CELG
|
+$286M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 18.04% |
| 2 | Healthcare | 13.57% |
| 3 | Technology | 12.05% |
| 4 | Financials | 10.74% |
| 5 | Consumer Discretionary | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
Citi Trends
CTRN
$572M
| $2.46M | ﹤0.01% |
127,126
+17,386
| +16% | +$357K |
|
2252
The Bancorp
TBBK
$2.71B
| $2.45M | ﹤0.01% |
303,318
-142,866
| -32% | -$1.24M |
|
2253
iShares US Transportation ETF
IYT
$2.26B
| $2.45M | ﹤0.01% |
52,324
+7,920
| +18% | +$360K |
|
|
SPNE
2254
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $2.45M | ﹤0.01% |
162,217
+31,409
| +24% | +$485K |
|
|
NBEV
2255
DELISTED
NewAge, Inc. Common Stock (Delaware)
NBEV
| $2.45M | ﹤0.01% |
465,058
+415,810
| +844% | +$2.51M |
|
2256
InterDigital
IDCC
$8.64B
| $2.44M | ﹤0.01% |
36,978
-16,562
| -31% | -$1.15M |
|
|
ECOL
2257
DELISTED
US Ecology, Inc.
ECOL
| $2.44M | ﹤0.01% |
43,568
+34,792
| +396% | +$2.12M |
|
|
AUY
2258
DELISTED
Yamana Gold, Inc.
AUY
| $2.44M | ﹤0.01% |
933,832
+585,381
| +168% | +$1.52M |
|
2259
CALL
Teck Resources
TECK
$34.6B
| $2.43M | ﹤0.01% |
105,000
+50,000
| +91% | +$1.13M |
|
|
LGF.B
2260
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $2.43M | ﹤0.01% |
160,949
-51,021
| -24% | -$801K |
|
2261
Tilly's
TLYS
$117M
| $2.43M | ﹤0.01% |
218,229
-78,856
| -27% | -$935K |
|
|
HTBK
2262
DELISTED
Heritage Commerce
HTBK
| $2.43M | ﹤0.01% |
200,578
+31,490
| +19% | +$411K |
|
|
EFC
2263
Ellington Financial
EFC
$1.75B
| $2.42M | ﹤0.01% |
+135,334
| New | +$2.27M |
|
|
SWAV
2264
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $2.42M | ﹤0.01% |
+72,368
| New | +$2.4M |
|
|
MCRN
2265
DELISTED
Milacron Holdings Corp.
MCRN
| $2.41M | ﹤0.01% |
213,257
-185,357
| -47% | -$2.45M |
|
2266
PUT
State Street SPDR S&P Health Care Equipment ETF
XHE
$176M
| $2.41M | ﹤0.01% |
+30,000
| New | +$2.31M |
|
2267
Park Aerospace
PKE
$709M
| $2.4M | ﹤0.01% |
+152,935
| New | +$2.88M |
|
2268
United Microelectronic
UMC
$47.8B
| $2.4M | ﹤0.01% |
1,275,745
-644,967
| -34% | -$1.19M |
|
2269
Itaú Unibanco
ITUB
$83B
| $2.4M | ﹤0.01% |
373,666
-679,563
| -65% | -$4.81M |
|
2270
Zurn Elkay Water Solutions
ZWS
$8.05B
| $2.39M | ﹤0.01% |
197,656
-1,014,498
| -84% | -$12.6M |
|
2271
First Trust Enhanced Short Maturity ETF
FTSM
$6.53B
| $2.39M | ﹤0.01% |
39,870
+14,849
| +59% | +$891K |
|
2272
Corporacion America
CAAP
$3.95B
| $2.39M | ﹤0.01% |
288,736
+187,524
| +185% | +$1.43M |
|
2273
FirstService
FSV
$6.16B
| $2.39M | ﹤0.01% |
26,727
-10,016
| -27% | -$823K |
|
2274
CALL
Inogen
INGN
$146M
| $2.38M | ﹤0.01% |
25,000
+17,000
| +213% | +$2.12M |
|
2275
Amerant Bancorp
AMTB
$1.13B
| $2.38M | ﹤0.01% |
170,504
+132,154
| +345% | +$1.9M |
|
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Israel Englander's Q1 2019 Portfolio in Review
As of Q1 2019, Israel Englander held 4,608 positions worth $66.8B, up 4.2% from $64.1B the previous quarter. Its ten largest holdings account for 7.1% of the portfolio.
Israel Englander withdrew a net $10.1B in Q1 2019, closing 675 positions and reducing 1,467 holdings. Its most notable exit was Merck, an estimated $375M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 18% of assets, up from 11% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Israel Englander opened a new position in Zimmer Biomet worth $232M.
- Israel Englander's largest Q1 2019 buy was Zimmer Biomet: 1,870,503 shares worth $232M.
- Israel Englander added most to Walt Disney in Q1 2019, an estimated $655M increase.
- Israel Englander's biggest Q1 2019 reduction was Apple, cutting an estimated $523M.
- Israel Englander fully exited Merck in Q1 2019, selling an estimated $375M.
- Israel Englander's ten largest holdings make up 7.1% of its $66.8B portfolio in Q1 2019.
- Israel Englander opened 914 new positions and closed 675 in Q1 2019.
- Israel Englander's portfolio value rose 4.2% quarter-over-quarter to $66.8B.
Based on Millennium Management's 13F filing for Q1 2019, filed 14 May 2019.