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 | |
|---|---|---|---|---|---|---|
2626
CALL
Agilent Technologies
A
$43.7B
| $471K | ﹤0.01% |
+10,000
| New | +$467K |
|
|
WHLR
2627
Wheeler Real Estate Investment Trust
WHLR
$1.13M
| – | – |
0
| – | – |
|
|
EMKR
2628
DELISTED
Emcore Corp
EMKR
| $467K | ﹤0.01% |
8,193
-81
| -1% | -$4.46K |
|
2629
Shinhan Financial Group
SHG
$36.1B
| $463K | ﹤0.01% |
12,700
-37,779
| -75% | -$1.34M |
|
2630
Stratasys
SSYS
$693M
| $463K | ﹤0.01% |
+19,221
| New | +$419K |
|
2631
Cirrus Logic
CRUS
$5.58B
| $462K | ﹤0.01% |
8,698
-198,683
| -96% | -$9.55M |
|
2632
PUT
Williams-Sonoma
WSM
$27.6B
| $460K | ﹤0.01% |
+18,000
| New | +$471K |
|
2633
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.6B
| $458K | ﹤0.01% |
+8,046
| New | +$458K |
|
|
SRGA
2634
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $458K | ﹤0.01% |
4,882
-12,445
| -72% | -$1.25M |
|
|
PLKI
2635
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $458K | ﹤0.01% |
+8,614
| New | +$480K |
|
2636
CONMED
CNMD
$1.53B
| $456K | ﹤0.01% |
+11,391
| New | +$484K |
|
2637
IPG Photonics
IPGP
$3.05B
| $456K | ﹤0.01% |
+5,540
| New | +$463K |
|
2638
Travelzoo
TZOO
$69.6M
| $455K | ﹤0.01% |
35,458
-3,065
| -8% | -$34.2K |
|
2639
Sumitomo Mitsui Financial
SMFG
$160B
| $454K | ﹤0.01% |
67,300
-208,370
| -76% | -$1.35M |
|
2640
CALL
Tenet Healthcare
THC
$21.9B
| $453K | ﹤0.01% |
+20,000
| New | +$521K |
|
|
AUD
2641
DELISTED
Audacy, Inc.
AUD
| $453K | ﹤0.01% |
34,974
+19,019
| +119% | +$261K |
|
|
KANG
2642
DELISTED
iKang Healthcare Group, Inc.
KANG
| $452K | ﹤0.01% |
24,990
+6,123
| +32% | +$113K |
|
2643
Telecom Argentina
TEO
$5.82B
| $451K | ﹤0.01% |
+24,626
| New | +$455K |
|
|
MAGN
2644
Magnera Corp
MAGN
$454M
| $451K | ﹤0.01% |
1,601
+295
| +23% | +$82K |
|
|
RDUS
2645
DELISTED
Radius Recycling
RDUS
| $450K | ﹤0.01% |
21,531
-159,820
| -88% | -$3.04M |
|
|
AXE
2646
DELISTED
Anixter International Inc
AXE
| $447K | ﹤0.01% |
6,934
-108,497
| -94% | -$6.53M |
|
|
SKUL
2647
DELISTED
SKULLCANDY INC
SKUL
| $447K | ﹤0.01% |
70,500
-69,698
| -50% | -$434K |
|
2648
Commercial Metals
CMC
$7.4B
| $445K | ﹤0.01% |
27,500
-9,287
| -25% | -$151K |
|
2649
Ormat Technologies
ORA
$6.53B
| $445K | ﹤0.01% |
+9,201
| New | +$435K |
|
|
CGI
2650
DELISTED
Celadon Group Inc
CGI
| $445K | ﹤0.01% |
50,871
+37,461
| +279% | +$301K |
|
Similar funds
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.