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 | |
|---|---|---|---|---|---|---|
2701
Talphera
TLPH
$63.8M
| $464K | ﹤0.01% |
8,919
+8,034
| +908% | +$494K |
|
2702
Sunrun
RUN
$2.21B
| $463K | ﹤0.01% |
87,250
+77,053
| +756% | +$426K |
|
2703
West Bancorporation
WTBA
$486M
| $463K | ﹤0.01% |
+18,755
| New | +$408K |
|
|
ERC
2704
Allspring Multi-Sector Income Fund
ERC
$262M
| $462K | ﹤0.01% |
+36,023
| New | +$455K |
|
|
LDL
2705
DELISTED
Lydall, Inc.
LDL
| $460K | ﹤0.01% |
+7,433
| New | +$411K |
|
2706
Sanmina
SANM
$10.2B
| $459K | ﹤0.01% |
12,530
-84,860
| -87% | -$2.68M |
|
|
KANG
2707
DELISTED
iKang Healthcare Group, Inc.
KANG
| $458K | ﹤0.01% |
26,407
+1,417
| +6% | +$24K |
|
2708
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.85B
| $456K | ﹤0.01% |
+12,943
| New | +$467K |
|
2709
Helix Energy Solutions
HLX
$1.47B
| $456K | ﹤0.01% |
51,755
-6,086,021
| -99% | -$58.7M |
|
2710
Myers Industries
MYE
$1.23B
| $456K | ﹤0.01% |
31,909
+3,690
| +13% | +$50.1K |
|
|
TMH
2711
PUT
DELISTED
Team Health Holdings Inc
TMH
| $456K | ﹤0.01% |
+10,500
| New | +$434K |
|
|
BATS
2712
DELISTED
Bats Global Markets, Inc.
BATS
| $455K | ﹤0.01% |
13,586
-266,549
| -95% | -$8.37M |
|
2713
Park-Ohio Holdings
PKOH
$653M
| $454K | ﹤0.01% |
10,656
+4,744
| +80% | +$182K |
|
2714
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $453K | ﹤0.01% |
1,500
-51,651
| -97% | -$14.9M |
|
|
STS
2715
DELISTED
Supreme Industries Inc Class A
STS
| $453K | ﹤0.01% |
28,847
+16,690
| +137% | +$251K |
|
|
PZE
2716
DELISTED
Petrobras Argentina S A
PZE
| $452K | ﹤0.01% |
64,340
-121,346
| -65% | -$732K |
|
2717
NBT Bancorp
NBTB
$2.67B
| $449K | ﹤0.01% |
+10,723
| New | +$399K |
|
2718
Sony
SONY
$141B
| $449K | ﹤0.01% |
80,180
-33,310
| -29% | -$202K |
|
2719
iShares Semiconductor ETF
SOXX
$41.9B
| $449K | ﹤0.01% |
+10,983
| New | +$425K |
|
2720
BlackRock TCP Capital
TCPC
$351M
| $449K | ﹤0.01% |
+26,546
| New | +$439K |
|
2721
Marten Transport
MRTN
$1.18B
| $447K | ﹤0.01% |
+47,910
| New | +$431K |
|
2722
Colliers International
CIGI
$5.39B
| $445K | ﹤0.01% |
12,096
-3,539
| -23% | -$133K |
|
2723
Vanguard Health Care ETF
VHT
$19.8B
| $444K | ﹤0.01% |
3,500
-14,551
| -81% | -$1.86M |
|
2724
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
| $442K | ﹤0.01% |
+20,261
| New | +$456K |
|
2725
NovaGold Resources
NG
$4.29B
| $442K | ﹤0.01% |
96,987
-186,788
| -66% | -$844K |
|
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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.