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 | |
|---|---|---|---|---|---|---|
2726
ENI
E
$78B
| $441K | ﹤0.01% |
13,668
-206,791
| -94% | -$6.05M |
|
|
GG
2727
DELISTED
Goldcorp Inc
GG
| $440K | ﹤0.01% |
32,356
-128,144
| -80% | -$1.79M |
|
|
EMD
2728
Western Asset Emerging Markets Debt Fund
EMD
$614M
| $439K | ﹤0.01% |
+29,875
| New | +$451K |
|
|
CORR
2729
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $439K | ﹤0.01% |
12,577
-59,841
| -83% | -$1.83M |
|
|
WMC
2730
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $438K | ﹤0.01% |
+4,352
| New | +$449K |
|
2731
Magnachip Semiconductor
MX
$119M
| $437K | ﹤0.01% |
70,462
-136,342
| -66% | -$928K |
|
2732
Helios Technologies
HLIO
$2.45B
| $436K | ﹤0.01% |
+10,917
| New | +$391K |
|
|
WBK
2733
DELISTED
Westpac Banking Corporation
WBK
| $436K | ﹤0.01% |
18,583
+3,283
| +21% | +$76.8K |
|
2734
Abercrombie & Fitch
ANF
$4.84B
| $435K | ﹤0.01% |
36,282
-5,936
| -14% | -$88.2K |
|
2735
WaFd
WAFD
$2.68B
| $435K | ﹤0.01% |
+12,662
| New | +$387K |
|
2736
Arrow Electronics
ARW
$10.3B
| $434K | ﹤0.01% |
6,091
-10,578
| -63% | -$700K |
|
2737
CALL
Arch Capital
ACGL
$34.3B
| $431K | ﹤0.01% |
15,000
| – | – |
|
2738
Park Aerospace
PKE
$707M
| $431K | ﹤0.01% |
+23,103
| New | +$394K |
|
|
MCF
2739
DELISTED
Contango Oil & Gas Co.
MCF
| $430K | ﹤0.01% |
46,061
+25,856
| +128% | +$245K |
|
2740
Avista
AVA
$3.16B
| $429K | ﹤0.01% |
10,739
-48,323
| -82% | -$1.95M |
|
2741
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.66B
| $429K | ﹤0.01% |
9,388
-4,638
| -33% | -$212K |
|
2742
Frontline
FRO
$9.68B
| $429K | ﹤0.01% |
60,292
+20,038
| +50% | +$148K |
|
2743
NGL Energy Partners
NGL
$2.19B
| $429K | ﹤0.01% |
+20,439
| New | +$385K |
|
2744
Triumph Financial Inc
TFIN
$1.76B
| $429K | ﹤0.01% |
+16,400
| New | +$350K |
|
|
NE
2745
DELISTED
Noble Corporation
NE
| $428K | ﹤0.01% |
72,237
-1,082,967
| -94% | -$6.38M |
|
|
WNRL
2746
DELISTED
Western Refining Logistics, LP
WNRL
| $427K | ﹤0.01% |
+20,000
| New | +$433K |
|
|
CA
2747
DELISTED
CA, Inc.
CA
| $427K | ﹤0.01% |
13,430
-275,399
| -95% | -$8.79M |
|
|
CCC
2748
DELISTED
Calgon Carbon Corp
CCC
| $426K | ﹤0.01% |
25,039
-19,755
| -44% | -$330K |
|
2749
DexCom
DXCM
$33.6B
| $424K | ﹤0.01% |
28,412
-169,604
| -86% | -$3M |
|
|
PSIX
2750
Power Solutions International
PSIX
$836M
| $424K | ﹤0.01% |
+56,594
| New | +$620K |
|
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.