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 | |
|---|---|---|---|---|---|---|
2301
PUT
Baxter International
BAX
$13.4B
| $1.94M | ﹤0.01% |
30,000
+10,000
| +50% | +$642K |
|
2302
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$3.05B
| $1.94M | ﹤0.01% |
+206,265
| New | +$1.93M |
|
2303
Teekay
TK
$1.12B
| $1.93M | ﹤0.01% |
207,336
-15,878
| -7% | -$137K |
|
2304
AMC Global Media
AMCX
$509M
| $1.93M | ﹤0.01% |
35,653
-206,221
| -85% | -$11M |
|
2305
Dave & Buster's
PLAY
$319M
| $1.92M | ﹤0.01% |
34,878
-234,931
| -87% | -$12M |
|
|
OTIC
2306
DELISTED
Otonomy, Inc.
OTIC
| $1.92M | ﹤0.01% |
346,468
-561,716
| -62% | -$2.44M |
|
|
HIFR
2307
DELISTED
InfraREIT, Inc.
HIFR
| $1.92M | ﹤0.01% |
103,215
-14,174
| -12% | -$301K |
|
2308
First Internet Bancorp
INBK
$240M
| $1.92M | ﹤0.01% |
50,220
+7,826
| +18% | +$292K |
|
2309
Liberty Latin America Class A
LILA
$1.63B
| $1.92M | ﹤0.01% |
+148,422
| New | +$2.1M |
|
2310
KALA BIO
KALA
$15.7M
| $1.91M | ﹤0.01% |
41
+16
| +64% | +$749K |
|
2311
Vanguard FTSE Europe ETF
VGK
$31B
| $1.91M | ﹤0.01% |
+32,320
| New | +$1.89M |
|
2312
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.42B
| $1.9M | ﹤0.01% |
+17,275
| New | +$1.86M |
|
|
TACO
2313
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $1.9M | ﹤0.01% |
156,564
+129,465
| +478% | +$1.67M |
|
2314
CALL
Edison International
EIX
$28.4B
| $1.9M | ﹤0.01% |
+30,000
| New | +$2.29M |
|
2315
NMI Holdings
NMIH
$3.37B
| $1.89M | ﹤0.01% |
111,189
-326,711
| -75% | -$5.1M |
|
|
DVAX
2316
DELISTED
Dynavax Technologies
DVAX
| $1.89M | ﹤0.01% |
+101,037
| New | +$2.03M |
|
2317
CALL
iShares MSCI Emerging Markets ETF
EEM
$31.4B
| $1.89M | ﹤0.01% |
+40,000
| New | +$1.85M |
|
2318
Republic Bancorp
RBCAA
$1.84B
| $1.88M | ﹤0.01% |
49,467
-23,297
| -32% | -$936K |
|
2319
CBIZ
CBZ
$2.97B
| $1.88M | ﹤0.01% |
121,669
-430,918
| -78% | -$6.78M |
|
|
EGL
2320
DELISTED
Engility Holdings, Inc.
EGL
| $1.88M | ﹤0.01% |
66,205
-115,801
| -64% | -$3.53M |
|
2321
Simpson Manufacturing
SSD
$7.48B
| $1.88M | ﹤0.01% |
+32,667
| New | +$1.81M |
|
|
TBHC
2322
DELISTED
The Brand House Collective
TBHC
| $1.87M | ﹤0.01% |
156,459
+63,754
| +69% | +$781K |
|
2323
Matrix Service
MTRX
$307M
| $1.86M | ﹤0.01% |
104,691
+92,274
| +743% | +$1.45M |
|
2324
FreightCar America
RAIL
$237M
| $1.86M | ﹤0.01% |
109,025
-20,360
| -16% | -$351K |
|
2325
VanEck High Yield Muni ETF
HYD
$4.34B
| $1.86M | ﹤0.01% |
29,825
+21,192
| +245% | +$1.32M |
|
Similar funds
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.