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 | |
|---|---|---|---|---|---|---|
301
PUT
Transocean
RIG
$6.44B
| $41.8M | 0.07% |
3,920,700
+1,348,000
| +52% | +$14.2M |
|
302
Amdocs
DOX
$6.48B
| $41.7M | 0.07% |
720,833
+163,369
| +29% | +$9.62M |
|
303
United Parcel Service
UPS
$87.4B
| $41.2M | 0.07% |
+376,780
| New | +$41.2M |
|
304
MGIC Investment
MTG
$6.38B
| $41M | 0.07% |
5,124,976
+1,736,738
| +51% | +$12.9M |
|
305
Puma Biotechnology
PBYI
$471M
| $40.7M | 0.07% |
606,615
+556,615
| +1,113% | +$28.1M |
|
306
HF Sinclair
DINO
$16.9B
| $40.4M | 0.07% |
+1,647,809
| New | +$41.4M |
|
|
VMW
307
DELISTED
VMware, Inc
VMW
| $40.3M | 0.07% |
549,845
+138,524
| +34% | +$9.74M |
|
308
HP
HPQ
$26.1B
| $40.2M | 0.07% |
2,590,513
-2,217,825
| -46% | -$31.6M |
|
309
Reliance Steel & Aluminium
RS
$19.5B
| $40.1M | 0.07% |
556,290
+225,631
| +68% | +$16.9M |
|
310
CALL
iShares Silver Trust
SLV
$33.5B
| $40M | 0.07% |
2,200,000
-980,000
| -31% | -$18.2M |
|
311
Dell
DELL
$280B
| $39.6M | 0.07% |
+2,951,580
| New | +$40.1M |
|
312
Coeur Mining
CDE
$21.5B
| $39.5M | 0.07% |
3,342,754
+2,897,156
| +650% | +$39.6M |
|
313
State Street
STT
$52.4B
| $39.3M | 0.07% |
564,068
-395,462
| -41% | -$25.8M |
|
|
DNKN
314
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $39M | 0.07% |
748,812
+503,423
| +205% | +$23.9M |
|
|
PRAH
315
DELISTED
PRA Health Sciences, Inc.
PRAH
| $38.9M | 0.07% |
688,694
+69,060
| +11% | +$3.39M |
|
316
PACCAR
PCAR
$68.4B
| $38.9M | 0.07% |
+992,684
| New | +$37.8M |
|
317
Equinix
EQIX
$104B
| $38.7M | 0.07% |
107,546
-36,786
| -25% | -$13.6M |
|
|
PSB
318
DELISTED
PS Business Parks, Inc.
PSB
| $38.6M | 0.06% |
339,704
+18,954
| +6% | +$2.09M |
|
319
Danaher
DHR
$151B
| $38.5M | 0.06% |
553,326
+487,567
| +741% | +$34.6M |
|
320
AbbVie
ABBV
$467B
| $38.4M | 0.06% |
+609,054
| New | +$39.4M |
|
321
T. Rowe Price
TROW
$24B
| $38.3M | 0.06% |
+576,163
| New | +$40.2M |
|
322
CoreCivic
CXW
$3.35B
| $38.3M | 0.06% |
+2,759,980
| New | +$65.9M |
|
323
3M
MMM
$92.3B
| $38.1M | 0.06% |
258,463
+175,956
| +213% | +$26.3M |
|
324
Eastman Chemical
EMN
$8.31B
| $37.8M | 0.06% |
558,184
+515,549
| +1,209% | +$34.6M |
|
|
EQY
325
DELISTED
Equity One
EQY
| $37.5M | 0.06% |
1,225,395
-459,376
| -27% | -$14.5M |
|
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.