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 | |
|---|---|---|---|---|---|---|
|
SNCR
2501
DELISTED
Synchronoss Technologies
SNCR
| $663K | ﹤0.01% |
1,923
-872
| -31% | -$328K |
|
|
KW
2502
DELISTED
Kennedy-Wilson Holdings
KW
| $661K | ﹤0.01% |
+32,258
| New | +$689K |
|
2503
Senseonics Holdings Inc
SENS
$494M
| $661K | ﹤0.01% |
12,386
-114
| -0.9% | -$6.52K |
|
|
PFNX
2504
DELISTED
Pfenex Inc.
PFNX
| $661K | ﹤0.01% |
+72,871
| New | +$665K |
|
2505
Iovance Biotherapeutics
IOVA
$3.66B
| $659K | ﹤0.01% |
+94,828
| New | +$653K |
|
2506
Johnson Outdoors
JOUT
$477M
| $659K | ﹤0.01% |
16,597
+823
| +5% | +$31.7K |
|
|
IVAC
2507
DELISTED
Intevac Inc
IVAC
| $659K | ﹤0.01% |
77,131
+63,022
| +447% | +$397K |
|
|
CHMI
2508
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $657K | ﹤0.01% |
36,123
+21,372
| +145% | +$368K |
|
2509
Citi Trends
CTRN
$576M
| $656K | ﹤0.01% |
34,794
+4,021
| +13% | +$78.6K |
|
|
HK
2510
DELISTED
Halcon Resources Corporation
HK
| $656K | ﹤0.01% |
70,249
+47,901
| +214% | +$451K |
|
2511
Under Armour
UAA
$2.21B
| $655K | ﹤0.01% |
22,558
-72,478
| -76% | -$2.38M |
|
2512
Fidus Investment
FDUS
$748M
| $654K | ﹤0.01% |
41,600
+2,144
| +5% | +$34.1K |
|
2513
SolarEdge
SEDG
$2.04B
| $654K | ﹤0.01% |
52,750
-368,929
| -87% | -$5.12M |
|
2514
MiMedx Group
MDXG
$644M
| $652K | ﹤0.01% |
73,634
-104,480
| -59% | -$939K |
|
2515
Village Super Market
VLGEA
$646M
| $650K | ﹤0.01% |
+21,038
| New | +$683K |
|
|
TLGT
2516
DELISTED
Teligent, Inc
TLGT
| $650K | ﹤0.01% |
+9,827
| New | +$692K |
|
|
AVHI
2517
DELISTED
A V Homes, Inc.
AVHI
| $650K | ﹤0.01% |
+41,108
| New | +$663K |
|
|
LDR
2518
DELISTED
Landauer Inc
LDR
| $650K | ﹤0.01% |
13,514
-17,520
| -56% | -$825K |
|
2519
1-800-Flowers.com
FLWS
$240M
| $649K | ﹤0.01% |
60,693
+1,237
| +2% | +$12.5K |
|
2520
Greene County Bancorp
GCBC
$590M
| $649K | ﹤0.01% |
+56,690
| New | +$553K |
|
2521
VirnetX Holding Corp
VHC
$55.6M
| $649K | ﹤0.01% |
+14,742
| New | +$919K |
|
|
ANSS
2522
DELISTED
Ansys
ANSS
| $648K | ﹤0.01% |
7,007
-238,016
| -97% | -$21.9M |
|
2523
Digi International
DGII
$2.89B
| $645K | ﹤0.01% |
46,931
-46,312
| -50% | -$568K |
|
2524
ATI
ATI
$29B
| $644K | ﹤0.01% |
40,431
-454,471
| -92% | -$7.55M |
|
|
MINI
2525
DELISTED
Mobile Mini Inc
MINI
| $644K | ﹤0.01% |
21,293
+10,410
| +96% | +$305K |
|
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.