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 | |
|---|---|---|---|---|---|---|
251
Neurocrine Biosciences
NBIX
$15.5B
| $51.7M | 0.11% |
1,335,798
+1,227,830
| +1,137% | +$55.6M |
|
252
Labcorp
LH
$27.3B
| $51.4M | 0.11% |
466,365
+78,531
| +20% | +$8.72M |
|
253
AT&T
T
$173B
| $51.3M | 0.11% |
+1,598,478
| New | +$47.2M |
|
|
MRO
254
DELISTED
Marathon Oil Corporation
MRO
| $51.3M | 0.11% |
2,963,660
+2,939,815
| +12,329% | +$47.2M |
|
|
HCR
255
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $51.2M | 0.11% |
2,584,462
+1,448,635
| +128% | +$25.2M |
|
256
Sysco
SYY
$40.2B
| $50.8M | 0.11% |
917,134
+238,363
| +35% | +$12.4M |
|
|
ONCE
257
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $50.7M | 0.11% |
+1,016,626
| New | +$54.5M |
|
258
Kimberly-Clark
KMB
$36.4B
| $50.7M | 0.11% |
+444,475
| New | +$51.6M |
|
|
TWO
259
Two Harbors Investment
TWO
$1.27B
| $50.7M | 0.11% |
726,441
+517,314
| +247% | +$35.2M |
|
260
Sun Communities
SUI
$14.8B
| $50.6M | 0.11% |
660,286
-454,389
| -41% | -$34M |
|
261
General Mills
GIS
$21.4B
| $50.5M | 0.11% |
+817,723
| New | +$50.7M |
|
262
Dick's Sporting Goods
DKS
$16.4B
| $50.4M | 0.11% |
949,528
+78,609
| +9% | +$4.51M |
|
263
Banner Corp
BANR
$2.42B
| $50.4M | 0.11% |
902,924
+742,867
| +464% | +$36.4M |
|
|
SRC
264
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $50.2M | 0.11% |
1,030,670
-185,334
| -15% | -$9.42M |
|
265
Cigna
CI
$73.3B
| $50M | 0.1% |
374,533
+300,746
| +408% | +$39.4M |
|
266
F5
FFIV
$21.8B
| $49.7M | 0.1% |
343,720
+65,293
| +23% | +$8.85M |
|
267
Carnival Corporation Ltd
CCL
$35.2B
| $49.6M | 0.1% |
953,197
+499,860
| +110% | +$25M |
|
|
KLXI
268
DELISTED
KLX Inc.
KLXI
| $49.6M | 0.1% |
1,304,566
+339,282
| +35% | +$11.1M |
|
269
Terex
TEX
$7.6B
| $49.4M | 0.1% |
1,567,817
+1,536,221
| +4,862% | +$42.6M |
|
270
Golar LNG
GLNG
$5.31B
| $49.3M | 0.1% |
2,150,930
-1,615,527
| -43% | -$37.6M |
|
271
American Airlines Group
AAL
$9.15B
| $49.2M | 0.1% |
1,054,038
+865,689
| +460% | +$37.7M |
|
272
PPG Industries
PPG
$25.3B
| $49.1M | 0.1% |
518,328
+513,555
| +10,760% | +$49M |
|
273
PepsiCo
PEP
$196B
| $49M | 0.1% |
468,663
-565,303
| -55% | -$59.2M |
|
274
PUT
Transocean
RIG
$6.61B
| $48.9M | 0.1% |
3,320,700
-600,000
| -15% | -$7.11M |
|
275
Equinix
EQIX
$105B
| $48.8M | 0.1% |
136,672
+29,126
| +27% | +$10.2M |
|
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.