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 | |
|---|---|---|---|---|---|---|
551
Nexstar Media Group
NXST
$5.74B
| $22.5M | 0.05% |
355,998
-222,202
| -38% | -$12.7M |
|
552
Dolby
DLB
$6.19B
| $22.5M | 0.05% |
497,911
+415,631
| +505% | +$20M |
|
|
TVTY
553
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $22.5M | 0.05% |
988,397
+482,042
| +95% | +$11.3M |
|
|
XEC
554
DELISTED
CIMAREX ENERGY CO
XEC
| $22.3M | 0.05% |
164,237
-1,345,899
| -89% | -$180M |
|
555
Fomento Económico Mexicano
FMX
$41.6B
| $22.3M | 0.05% |
292,685
+213,507
| +270% | +$18.3M |
|
556
Reliance Steel & Aluminium
RS
$19.5B
| $22.2M | 0.05% |
279,545
-276,745
| -50% | -$21.1M |
|
557
Steel Dynamics
STLD
$32.9B
| $22.2M | 0.05% |
623,181
-2,307,722
| -79% | -$72.6M |
|
558
Nokia
NOK
$55.6B
| $22.1M | 0.05% |
4,604,919
+4,299,036
| +1,405% | +$20.3M |
|
559
Camden Property Trust
CPT
$11B
| $22.1M | 0.05% |
+262,758
| New | +$20.9M |
|
560
US Foods
USFD
$23.7B
| $22.1M | 0.05% |
802,935
-504,434
| -39% | -$12.1M |
|
561
Jefferies Financial Group
JEF
$12B
| $22M | 0.05% |
1,055,974
+295,814
| +39% | +$5.53M |
|
562
Alexandria Real Estate Equities
ARE
$9.3B
| $21.9M | 0.05% |
+197,244
| New | +$21.2M |
|
|
BBL
563
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $21.8M | 0.05% |
693,358
-183,036
| -21% | -$5.82M |
|
|
CVGW
564
DELISTED
Calavo Growers
CVGW
| $21.8M | 0.05% |
354,648
+136,927
| +63% | +$8.33M |
|
565
SiriusXM
SIRI
$9.59B
| $21.8M | 0.05% |
489,030
-1,026,271
| -68% | -$44.7M |
|
566
Idexx Laboratories
IDXX
$44.1B
| $21.7M | 0.05% |
185,306
+14,304
| +8% | +$1.63M |
|
567
PUT
Patterson-UTI
PTEN
$4.52B
| $21.7M | 0.05% |
806,100
| – | – |
|
568
Designer Brands
DBI
$297M
| $21.7M | 0.05% |
957,782
+164,965
| +21% | +$3.74M |
|
569
National Beverage
FIZZ
$3.1B
| $21.7M | 0.05% |
847,768
+508,174
| +150% | +$12.5M |
|
|
SEM
570
DELISTED
Select Medical
SEM
| $21.6M | 0.05% |
3,032,394
+1,032,255
| +52% | +$7.18M |
|
571
Amgen
AMGN
$240B
| $21.6M | 0.05% |
147,927
+105,314
| +247% | +$15.8M |
|
|
PRMW
572
DELISTED
Primo Water Corporation
PRMW
| $21.6M | 0.05% |
1,906,357
+531,174
| +39% | +$6.58M |
|
573
M&T Bank
MTB
$34.9B
| $21.4M | 0.04% |
136,891
+129,239
| +1,689% | +$17.5M |
|
574
Sinclair Inc
SBGI
$1.05B
| $21.3M | 0.04% |
+638,833
| New | +$19M |
|
575
Helmerich & Payne
HP
$4.25B
| $21.3M | 0.04% |
274,627
+257,210
| +1,477% | +$18.3M |
|
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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.