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 | |
|---|---|---|---|---|---|---|
2401
WisdomTree
WT
$3.73B
| $1.68M | ﹤0.01% |
183,185
+162,994
| +807% | +$1.76M |
|
2402
CALL
Apple
AAPL
$4.57T
| $1.68M | ﹤0.01% |
+40,000
| New | +$1.72M |
|
2403
SunCoke Energy
SXC
$833M
| $1.67M | ﹤0.01% |
155,321
-37,316
| -19% | -$424K |
|
|
ARE.PRD
2404
DELISTED
Alexandria Real Estate Equities Inc 7.00% Series D Preferred Stock
ARE.PRD
| $1.67M | ﹤0.01% |
46,627
+900
| +2% | +$32.5K |
|
2405
Microchip Technology
MCHP
$40.2B
| $1.67M | ﹤0.01% |
36,502
-520,800
| -93% | -$24M |
|
2406
TransUnion
TRU
$16.1B
| $1.67M | ﹤0.01% |
29,354
-343,866
| -92% | -$19.8M |
|
2407
RB Global
RBA
$15.8B
| $1.67M | ﹤0.01% |
+52,902
| New | +$1.69M |
|
2408
Lazard
LAZ
$4.18B
| $1.66M | ﹤0.01% |
+31,576
| New | +$1.75M |
|
2409
Oak Valley Bancorp
OVLY
$285M
| $1.66M | ﹤0.01% |
+75,201
| New | +$1.63M |
|
|
BELFB
2410
Bel Fuse Inc Class B
BELFB
$3.68B
| $1.65M | ﹤0.01% |
87,300
+15,560
| +22% | +$319K |
|
2411
Deutsche Bank
DB
$75.6B
| $1.65M | ﹤0.01% |
+117,989
| New | +$1.99M |
|
2412
PUT
Corcept Therapeutics
CORT
$13.3B
| $1.65M | ﹤0.01% |
100,000
| – | – |
|
|
AMRS
2413
DELISTED
Amyris Inc.
AMRS
| $1.64M | ﹤0.01% |
+245,663
| New | +$1.32M |
|
|
FBNK
2414
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $1.63M | ﹤0.01% |
63,729
-28,897
| -31% | -$753K |
|
|
SC
2415
CALL
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $1.63M | ﹤0.01% |
+100,000
| New | +$1.73M |
|
2416
Theravance Biopharma
TBPH
$885M
| $1.63M | ﹤0.01% |
67,124
+52,086
| +346% | +$1.43M |
|
|
VSI
2417
DELISTED
Vitamin Shoppe Inc.
VSI
| $1.63M | ﹤0.01% |
+374,350
| New | +$1.63M |
|
2418
AerCap
AER
$23.3B
| $1.63M | ﹤0.01% |
32,070
-6,487
| -17% | -$336K |
|
2419
Eldorado Gold
EGO
$12.2B
| $1.62M | ﹤0.01% |
386,607
+58,285
| +18% | +$342K |
|
2420
Gyre Therapeutics
GYRE
$704M
| $1.62M | ﹤0.01% |
+8,373
| New | +$1.56M |
|
2421
American Superconductor
AMSC
$1.41B
| $1.62M | ﹤0.01% |
278,039
+165,813
| +148% | +$850K |
|
|
BLCM
2422
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $1.61M | ﹤0.01% |
24,587
+12,161
| +98% | +$918K |
|
|
MZTI
2423
The Marzetti Company
MZTI
$3.1B
| $1.61M | ﹤0.01% |
+13,053
| New | +$1.61M |
|
2424
iShares Expanded Tech-Software Sector ETF
IGV
$14B
| $1.6M | ﹤0.01% |
47,295
+38,460
| +435% | +$1.3M |
|
2425
Nexstar Media Group
NXST
$5.78B
| $1.6M | ﹤0.01% |
24,099
-123,417
| -84% | -$9.07M |
|
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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.