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 |
BNY
Bank of New York Mellon
BNY
|
+$190M |
| 2 |
Lowe's Companies
LOW
|
+$183M |
| 3 |
Target
TGT
|
+$175M |
| 4 |
American Electric Power
AEP
|
+$174M |
| 5 |
NextEra Energy
NEE
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$6.19B |
| 2 |
Coty
COTY
|
+$1.11B |
| 3 |
Apple
AAPL
|
+$294M |
| 4 |
Meta Platforms (Facebook)
META
|
+$229M |
| 5 |
Microsoft
MSFT
|
+$192M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.41% |
| 2 | Financials | 12.33% |
| 3 | Energy | 10.93% |
| 4 | Industrials | 10.41% |
| 5 | Technology | 9.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Mercantile Bank Corp
MBWM
$1.04B
| $684K | ﹤0.01% |
18,131
-11,200
| -38% | -$353K |
|
2477
1st Source
SRCE
$2.08B
| $682K | ﹤0.01% |
+15,264
| New | +$590K |
|
|
NSR
2478
CALL
DELISTED
Neustar Inc
NSR
| $681K | ﹤0.01% |
+20,400
| New | +$540K |
|
|
LJPC
2479
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $681K | ﹤0.01% |
+38,828
| New | +$744K |
|
2480
Greif Class B
GEF.B
$4.11B
| $680K | ﹤0.01% |
10,062
+433
| +4% | +$27.9K |
|
|
AVID
2481
DELISTED
Avid Technology Inc
AVID
| $680K | ﹤0.01% |
154,468
-115,811
| -43% | -$645K |
|
2482
GoPro
GPRO
$110M
| $679K | ﹤0.01% |
77,969
+40,350
| +107% | +$463K |
|
2483
iShares S&P 500 Growth ETF
IVW
$76B
| $679K | ﹤0.01% |
22,292
-97,008
| -81% | -$2.93M |
|
2484
Apogee Enterprises
APOG
$853M
| $678K | ﹤0.01% |
12,658
-159,701
| -93% | -$7.4M |
|
2485
TG Therapeutics
TGTX
$8.42B
| $678K | ﹤0.01% |
+145,726
| New | +$855K |
|
2486
MBIA
MBI
$256M
| $676K | ﹤0.01% |
+63,179
| New | +$583K |
|
|
HOS
2487
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $675K | ﹤0.01% |
93,555
-601,820
| -87% | -$3.52M |
|
|
ICON
2488
DELISTED
Iconix Brand Group, Inc.
ICON
| $675K | ﹤0.01% |
+7,229
| New | +$630K |
|
|
DCM
2489
DELISTED
NTT DOCOMO, Inc.
DCM
| $674K | ﹤0.01% |
29,645
-178,501
| -86% | -$4.21M |
|
|
OCRX
2490
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $672K | ﹤0.01% |
320,000
-196,343
| -38% | -$458K |
|
|
ELP
2491
DELISTED
Companhia Paranaense de Energia (COPEL)
ELP
| $669K | ﹤0.01% |
197,228
-253,837
| -56% | -$972K |
|
2492
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.54B
| $669K | ﹤0.01% |
+20,001
| New | +$648K |
|
|
RFP
2493
DELISTED
Resolute Forest Products Inc.
RFP
| $669K | ﹤0.01% |
125,084
+81,637
| +188% | +$372K |
|
|
GNBC
2494
DELISTED
Green Bancorp, Inc
GNBC
| $667K | ﹤0.01% |
43,886
+32,227
| +276% | +$396K |
|
2495
Globant
GLOB
$1.67B
| $666K | ﹤0.01% |
+19,970
| New | +$782K |
|
|
CFNL
2496
DELISTED
Cardinal Financial Corp
CFNL
| $666K | ﹤0.01% |
20,313
-153,927
| -88% | -$4.55M |
|
|
ASRT
2497
DELISTED
Assertio
ASRT
| $665K | ﹤0.01% |
+615
| New | +$783K |
|
2498
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.5B
| $665K | ﹤0.01% |
6,847
+4,180
| +157% | +$396K |
|
|
BETR
2499
DELISTED
Amplify Snack Brands, Inc.
BETR
| $665K | ﹤0.01% |
+75,510
| New | +$915K |
|
|
CTLT
2500
DELISTED
CATALENT, INC.
CTLT
| $664K | ﹤0.01% |
24,620
-267,029
| -92% | -$6.62M |
|
Similar funds
Israel Englander's Q4 2016 Portfolio in Review
As of Q4 2016, Israel Englander held 4,092 positions worth $47.8B, down 20% from $59.6B the previous quarter. Its ten largest holdings account for 6.4% of the portfolio.
Israel Englander withdrew a net $13B in Q4 2016, closing 801 positions and reducing 1,159 holdings. Its most notable exit was Procter & Gamble, an estimated $6.19B position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 11% a quarter earlier, followed by Financials and Energy.
Against the trend, Israel Englander opened a new position in Target worth $175M.
- Israel Englander's largest Q4 2016 buy was Target: 2,422,329 shares worth $175M.
- Israel Englander added most to Bank of New York Mellon in Q4 2016, an estimated $190M increase.
- Israel Englander's biggest Q4 2016 reduction was Coty, cutting an estimated $1.11B.
- Israel Englander fully exited Procter & Gamble in Q4 2016, selling an estimated $6.19B.
- Israel Englander's ten largest holdings make up 6.4% of its $47.8B portfolio in Q4 2016.
- Israel Englander opened 858 new positions and closed 801 in Q4 2016.
- Israel Englander's portfolio value fell 20% quarter-over-quarter to $47.8B.
Based on Millennium Management's 13F filing for Q4 2016, filed 14 Feb 2017.