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 |
Procter & Gamble
PG
|
+$6.23B |
| 2 |
Coty
COTY
|
+$1.43B |
| 3 |
Microsoft
MSFT
|
+$237M |
| 4 |
GXP
Great Plains Energy Incorporated
GXP
|
+$199M |
| 5 |
eBay
EBAY
|
+$198M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Charter Communications
CHTR
|
+$266M |
| 2 |
NextEra Energy
NEE
|
+$198M |
| 3 |
EMC
EMC CORPORATION
EMC
|
+$179M |
| 4 |
Exelon
EXC
|
+$150M |
| 5 |
Salesforce
CRM
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 17.22% |
| 2 | Healthcare | 10.7% |
| 3 | Energy | 9.08% |
| 4 | Technology | 8.88% |
| 5 | Financials | 8.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
UnitedHealth
UNH
$350B
| $54.9M | 0.09% |
392,358
-223,259
| -36% | -$31.3M |
|
227
Crown Holdings
CCK
$13B
| $54.7M | 0.09% |
958,598
+310,377
| +48% | +$16.6M |
|
228
Bio-Rad Laboratories Class A
BIO
$10.2B
| $54.6M | 0.09% |
333,185
+61,670
| +23% | +$9.36M |
|
229
Molina Healthcare
MOH
$10.5B
| $54.5M | 0.09% |
934,382
+546,164
| +141% | +$30.1M |
|
230
Dover
DOV
$27.2B
| $54.2M | 0.09% |
911,497
+236,624
| +35% | +$13.7M |
|
231
Parker-Hannifin
PH
$126B
| $54.1M | 0.09% |
431,034
+109,610
| +34% | +$13.1M |
|
232
RTX Corp
RTX
$283B
| $54.1M | 0.09% |
845,555
+390,457
| +86% | +$25.9M |
|
|
YHOO
233
DELISTED
Yahoo Inc
YHOO
| $53.7M | 0.09% |
1,246,097
-1,955,810
| -61% | -$80.2M |
|
234
Flotek Industries
FTK
$894M
| $53.7M | 0.09% |
615,341
+209,207
| +52% | +$18.1M |
|
235
Cboe Global Markets
CBOE
$31.4B
| $53.6M | 0.09% |
827,288
+822,913
| +18,809% | +$56.1M |
|
236
Gaming and Leisure Properties
GLPI
$12.7B
| $53.6M | 0.09% |
1,602,937
+1,017,523
| +174% | +$35.2M |
|
237
ConocoPhillips
COP
$162B
| $53.4M | 0.09% |
1,229,221
-2,759,938
| -69% | -$115M |
|
238
Goldman Sachs
GS
$303B
| $53.1M | 0.09% |
329,393
+34,501
| +12% | +$5.61M |
|
239
General Dynamics
GD
$104B
| $52.8M | 0.09% |
340,170
+6,692
| +2% | +$998K |
|
|
KS
240
DELISTED
KapStone Paper and Pack Corp.
KS
| $52.6M | 0.09% |
2,778,567
+1,010,351
| +57% | +$16.2M |
|
241
Oshkosh
OSK
$9.7B
| $52.4M | 0.09% |
936,008
+333,164
| +55% | +$17.5M |
|
242
Colgate-Palmolive
CL
$72.6B
| $52.3M | 0.09% |
705,728
-21,787
| -3% | -$1.61M |
|
|
ESV
243
DELISTED
Ensco Rowan plc
ESV
| $52.2M | 0.09% |
1,536,738
-518,855
| -25% | -$17.7M |
|
|
SWN
244
DELISTED
Southwestern Energy Company
SWN
| $52.2M | 0.09% |
3,768,776
+1,987,023
| +112% | +$27.5M |
|
245
Atmos Energy
ATO
$28.2B
| $51.5M | 0.09% |
691,443
+18,770
| +3% | +$1.44M |
|
246
Ball Corp
BALL
$16.8B
| $50.9M | 0.09% |
1,241,410
-91,164
| -7% | -$3.48M |
|
247
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $50.7M | 0.09% |
596,000
+16,760
| +3% | +$1.43M |
|
248
NVIDIA
NVDA
$5.2T
| $50.3M | 0.08% |
29,337,160
-45,878,920
| -61% | -$67.7M |
|
249
Acadia Healthcare
ACHC
$2.59B
| $50.3M | 0.08% |
1,014,133
+835,470
| +468% | +$43.5M |
|
250
Watsco Inc
WSO
$12.9B
| $50.2M | 0.08% |
356,318
+157,395
| +79% | +$22.5M |
|
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Israel Englander's Q3 2016 Portfolio in Review
As of Q3 2016, Israel Englander held 3,956 positions worth $59.6B, up 37% from $43.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Israel Englander deployed $13.4B of net new capital in Q3 2016, opening 826 new positions and adding to 1,153 existing holdings. Its largest new stake was Edison International: 1,171,827 shares worth $84.7M.
By sector, the portfolio is most concentrated in Consumer Staples at 17% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was NextEra Energy, an estimated $198M trimmed.
- Israel Englander's largest Q3 2016 buy was Edison International: 1,171,827 shares worth $84.7M.
- Israel Englander added most to Procter & Gamble in Q3 2016, an estimated $6.23B increase.
- Israel Englander's biggest Q3 2016 reduction was NextEra Energy, cutting an estimated $198M.
- Israel Englander fully exited Charter Communications in Q3 2016, selling an estimated $266M.
- Israel Englander's ten largest holdings make up 24% of its $59.6B portfolio in Q3 2016.
- Israel Englander opened 826 new positions and closed 723 in Q3 2016.
- Israel Englander's portfolio value rose 37% quarter-over-quarter to $59.6B.
Based on Millennium Management's 13F filing for Q3 2016, filed 14 Nov 2016.