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 | |
|---|---|---|---|---|---|---|
2376
Ardelyx
ARDX
$986M
| $1.71M | ﹤0.01% |
259,154
+125,145
| +93% | +$742K |
|
|
HOLX
2377
CALL
DELISTED
Hologic
HOLX
| $1.71M | ﹤0.01% |
40,000
-50,000
| -56% | -$1.99M |
|
2378
Adecoagro
AGRO
$1.54B
| $1.71M | ﹤0.01% |
165,283
-561,767
| -77% | -$5.64M |
|
|
RC
2379
Ready Capital
RC
$306M
| $1.71M | ﹤0.01% |
112,591
-26,193
| -19% | -$411K |
|
2380
Yatra Online
YTRA
$63M
| $1.7M | ﹤0.01% |
227,281
+24,762
| +12% | +$221K |
|
2381
CALL
ResMed
RMD
$34B
| $1.69M | ﹤0.01% |
20,000
-180,000
| -90% | -$14.9M |
|
|
ARE.PRD
2382
DELISTED
Alexandria Real Estate Equities Inc 7.00% Series D Preferred Stock
ARE.PRD
| $1.69M | ﹤0.01% |
45,727
+2,535
| +6% | +$93.3K |
|
2383
Astronics
ATRO
$3.35B
| $1.69M | ﹤0.01% |
+56,132
| New | +$1.52M |
|
|
TGNA
2384
DELISTED
TEGNA Inc
TGNA
| $1.69M | ﹤0.01% |
+119,812
| New | +$1.57M |
|
|
TUES
2385
DELISTED
Tuesday Morning Corp
TUES
| $1.68M | ﹤0.01% |
610,747
-577,078
| -49% | -$1.63M |
|
|
OLP
2386
One Liberty Properties
OLP
$528M
| $1.68M | ﹤0.01% |
64,681
+39,110
| +153% | +$1M |
|
|
SNBR
2387
DELISTED
Sleep Number
SNBR
| $1.68M | ﹤0.01% |
44,558
-951,038
| -96% | -$32.4M |
|
|
BVH
2388
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $1.67M | ﹤0.01% |
+41,961
| New | +$1.65M |
|
2389
PUT
Abeona Therapeutics
ABEO
$345M
| $1.67M | ﹤0.01% |
+4,212
| New | +$1.74M |
|
|
RPT
2390
Rithm Property Trust
RPT
$102M
| $1.67M | ﹤0.01% |
20,833
+5,773
| +38% | +$477K |
|
2391
Companhia Siderúrgica Nacional
SID
$1.41B
| $1.66M | ﹤0.01% |
679,026
+637,835
| +1,548% | +$1.65M |
|
2392
Tidewater
TDW
$4.63B
| $1.66M | ﹤0.01% |
+68,111
| New | +$1.78M |
|
|
SPNS
2393
DELISTED
Sapiens International
SPNS
| $1.66M | ﹤0.01% |
144,227
-64,852
| -31% | -$827K |
|
2394
Mettler-Toledo International
MTD
$28.2B
| $1.66M | ﹤0.01% |
2,677
-39,254
| -94% | -$25.1M |
|
2395
Skywest
SKYW
$3.84B
| $1.66M | ﹤0.01% |
+31,179
| New | +$1.53M |
|
|
EVV
2396
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $1.65M | ﹤0.01% |
+121,150
| New | +$1.66M |
|
2397
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.83B
| $1.64M | ﹤0.01% |
51,564
+21,300
| +70% | +$692K |
|
|
MRCC
2398
DELISTED
Monroe Capital Corp
MRCC
| $1.64M | ﹤0.01% |
119,475
+102,144
| +589% | +$1.46M |
|
2399
Perdoceo Education
PRDO
$2.12B
| $1.64M | ﹤0.01% |
135,642
+74,543
| +122% | +$887K |
|
2400
GeoPark
GPRK
$639M
| $1.64M | ﹤0.01% |
165,985
+13,258
| +9% | +$118K |
|
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.