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 | |
|---|---|---|---|---|---|---|
276
Oshkosh
OSK
$9.7B
| $48.5M | 0.1% |
751,179
-184,829
| -20% | -$11.4M |
|
277
Perrigo
PRGO
$1.98B
| $48.5M | 0.1% |
582,609
-713,147
| -55% | -$61.9M |
|
278
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $48.5M | 0.1% |
574,155
-21,845
| -4% | -$1.85M |
|
279
Ametek
AME
$54.9B
| $47.9M | 0.1% |
984,698
+310,071
| +46% | +$14.7M |
|
280
McKesson
MCK
$100B
| $47.9M | 0.1% |
340,696
+325,696
| +2,171% | +$47.9M |
|
281
Broadcom
AVGO
$1.75T
| $47.8M | 0.1% |
2,705,380
-5,327,550
| -66% | -$92.3M |
|
|
CLVS
282
DELISTED
Clovis Oncology, Inc.
CLVS
| $47.8M | 0.1% |
1,075,534
+411,510
| +62% | +$14.5M |
|
|
LVLT
283
DELISTED
Level 3 Communications Inc
LVLT
| $46.9M | 0.1% |
832,619
+178,763
| +27% | +$9.44M |
|
284
CF Industries
CF
$19.6B
| $46.8M | 0.1% |
1,485,141
+32,491
| +2% | +$874K |
|
285
Motorola Solutions
MSI
$79.5B
| $46.6M | 0.1% |
562,476
+342,608
| +156% | +$26.9M |
|
286
Danaher
DHR
$154B
| $46.6M | 0.1% |
674,734
+121,408
| +22% | +$8.43M |
|
287
Atmos Energy
ATO
$28.2B
| $46.5M | 0.1% |
627,452
-63,991
| -9% | -$4.62M |
|
|
288
Meta Platforms (Facebook)
META
$1.4T
| $46.5M | 0.1% |
404,273
-1,864,004
| -82% | -$229M |
|
289
Avnet
AVT
$7.27B
| $46.5M | 0.1% |
976,446
+962,553
| +6,928% | +$42.9M |
|
290
Altria Group
MO
$110B
| $46.5M | 0.1% |
+687,384
| New | +$44.3M |
|
|
PXD
291
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $46.4M | 0.1% |
257,700
| – | – |
|
292
JetBlue
JBLU
$1.85B
| $46.1M | 0.1% |
2,057,133
+209,348
| +11% | +$4.14M |
|
|
CLR
293
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $46M | 0.1% |
891,614
+877,117
| +6,050% | +$45.4M |
|
294
Autodesk
ADSK
$53.6B
| $45.8M | 0.1% |
619,020
+484,496
| +360% | +$35.7M |
|
295
Gaming and Leisure Properties
GLPI
$12.7B
| $45.3M | 0.09% |
1,480,346
-122,591
| -8% | -$3.84M |
|
296
Cencora
COR
$60.7B
| $45.3M | 0.09% |
579,093
-38,155
| -6% | -$2.98M |
|
|
CAA
297
DELISTED
CalAtlantic Group, Inc.
CAA
| $45.2M | 0.09% |
1,328,943
+535,727
| +68% | +$17.7M |
|
|
PPLI
298
People Inc
PPLI
$2.86B
| $45.2M | 0.09% |
3,901,342
-1,804,424
| -32% | -$21.1M |
|
299
Welltower
WELL
$172B
| $45.1M | 0.09% |
673,312
+23,485
| +4% | +$1.56M |
|
300
Hanover Insurance
THG
$7.77B
| $44.9M | 0.09% |
493,568
+192,757
| +64% | +$16.1M |
|
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.