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 |
CELG
Celgene Corp
CELG
|
+$379M |
| 2 |
Starbucks
SBUX
|
+$371M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$287M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$263M |
| 5 |
Tesla
TSLA
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$1.27B |
| 2 |
ANDV
Andeavor
ANDV
|
+$1.11B |
| 3 |
AET
Aetna Inc
AET
|
+$535M |
| 4 |
Microsoft
MSFT
|
+$350M |
| 5 |
Amazon
AMZN
|
+$290M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.69% |
| 2 | Technology | 13.64% |
| 3 | Financials | 12.49% |
| 4 | Consumer Discretionary | 10.83% |
| 5 | Industrials | 9.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2451
CALL
Gilead Sciences
GILD
$184B
| $1.25M | ﹤0.01% |
+20,000
| New | +$1.4M |
|
|
AKS
2452
PUT
DELISTED
AK Steel Holding Corp
AKS
| $1.25M | ﹤0.01% |
+555,000
| New | +$2.01M |
|
|
DLA
2453
DELISTED
Delta Apparel Inc.
DLA
| $1.24M | ﹤0.01% |
71,779
-17,464
| -20% | -$320K |
|
2454
Quanterix
QTRX
$132M
| $1.24M | ﹤0.01% |
67,469
-34,922
| -34% | -$627K |
|
|
PRFT
2455
DELISTED
Perficient Inc
PRFT
| $1.23M | ﹤0.01% |
55,398
+24,024
| +77% | +$590K |
|
2456
Zoetis
ZTS
$31.9B
| $1.23M | ﹤0.01% |
14,379
-1,013,952
| -99% | -$91.3M |
|
2457
Globalstar
GSAT
$10.6B
| $1.23M | ﹤0.01% |
128,098
-172,973
| -57% | -$1.03M |
|
|
PMT
2458
PennyMac Mortgage Investment
PMT
$810M
| $1.23M | ﹤0.01% |
+65,849
| New | +$1.31M |
|
|
OMN
2459
DELISTED
OMNOVA Solutions Inc.
OMN
| $1.22M | ﹤0.01% |
166,537
+11,390
| +7% | +$91.7K |
|
|
GTT
2460
DELISTED
GTT Communications, Inc.
GTT
| $1.22M | ﹤0.01% |
+51,607
| New | +$1.74M |
|
2461
Starwood Property Trust
STWD
$5.97B
| $1.22M | ﹤0.01% |
61,873
-38,958
| -39% | -$840K |
|
|
ABTX
2462
DELISTED
Allegiance Bancshares
ABTX
| $1.22M | ﹤0.01% |
37,611
+11,583
| +45% | +$431K |
|
|
TGE
2463
PUT
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $1.22M | ﹤0.01% |
+50,000
| New | +$1.13M |
|
2464
Inseego
INSG
$74.4M
| $1.22M | ﹤0.01% |
29,290
+20,763
| +243% | +$769K |
|
2465
Hecla Mining
HL
$14.1B
| $1.22M | ﹤0.01% |
514,819
-93,380
| -15% | -$239K |
|
2466
PUT
MGM Resorts International
MGM
$10.9B
| $1.21M | ﹤0.01% |
+50,000
| New | +$1.3M |
|
|
VBIV
2467
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $1.21M | ﹤0.01% |
25,234
+19,998
| +382% | +$1.1M |
|
|
VNTR
2468
DELISTED
Venator Materials PLC
VNTR
| $1.2M | ﹤0.01% |
286,549
-766,540
| -73% | -$4.95M |
|
2469
Kornit Digital
KRNT
$719M
| $1.2M | ﹤0.01% |
64,033
-122,040
| -66% | -$2.39M |
|
2470
Spok Holdings
SPOK
$221M
| $1.2M | ﹤0.01% |
90,238
-83,802
| -48% | -$1.21M |
|
2471
Amplify Energy
AMPY
$194M
| $1.2M | ﹤0.01% |
+159,319
| New | +$1.27M |
|
2472
Wolverine World Wide
WWW
$1.68B
| $1.19M | ﹤0.01% |
37,302
-795
| -2% | -$27.1K |
|
2473
PUT
Pool Corp
POOL
$6.77B
| $1.19M | ﹤0.01% |
8,000
| – | – |
|
2474
Verisk Analytics
VRSK
$24.5B
| $1.19M | ﹤0.01% |
+10,908
| New | +$1.28M |
|
2475
CALL
Teck Resources
TECK
$35.1B
| $1.19M | ﹤0.01% |
55,000
-95,000
| -63% | -$2.06M |
|
Similar funds
Israel Englander's Q4 2018 Portfolio in Review
As of Q4 2018, Israel Englander held 4,541 positions worth $64.1B, down 21% from $81.6B the previous quarter. Its ten largest holdings account for 6.7% of the portfolio.
Israel Englander withdrew a net $4.25B in Q4 2018, closing 844 positions and reducing 1,571 holdings. Its most notable exit was Andeavor, an estimated $1.11B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Technology and Financials.
Against the trend, Israel Englander opened a new position in Athenahealth, Inc. worth $135M.
- Israel Englander's largest Q4 2018 buy was Athenahealth, Inc.: 1,022,505 shares worth $135M.
- Israel Englander added most to Celgene Corp in Q4 2018, an estimated $379M increase.
- Israel Englander's biggest Q4 2018 reduction was Fortive, cutting an estimated $1.27B.
- Israel Englander fully exited Andeavor in Q4 2018, selling an estimated $1.11B.
- Israel Englander's ten largest holdings make up 6.7% of its $64.1B portfolio in Q4 2018.
- Israel Englander opened 702 new positions and closed 844 in Q4 2018.
- Israel Englander's portfolio value fell 21% quarter-over-quarter to $64.1B.
Based on Millennium Management's 13F filing for Q4 2018, filed 14 Feb 2019.