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 | |
|---|---|---|---|---|---|---|
|
TTM
726
DELISTED
Tata Motors Limited
TTM
| $14.5M | 0.02% |
+363,834
| New | +$14.1M |
|
727
CALL
Illumina
ILMN
$33.7B
| $14.5M | 0.02% |
82,240
+30,840
| +60% | +$4.93M |
|
728
Enovis
ENOV
$1.45B
| $14.5M | 0.02% |
268,393
+108,866
| +68% | +$5.49M |
|
729
STAG Industrial
STAG
$7.14B
| $14.5M | 0.02% |
590,435
+436,312
| +283% | +$10.7M |
|
730
Jacobs Solutions
J
$17.7B
| $14.4M | 0.02% |
336,548
-263,569
| -44% | -$11.4M |
|
731
CALL
Hershey
HSY
$38.2B
| $14.3M | 0.02% |
150,000
+50,000
| +50% | +$5.29M |
|
732
First Majestic Silver
AG
$10.3B
| $14.3M | 0.02% |
1,392,056
+1,360,896
| +4,367% | +$19.9M |
|
|
ICPT
733
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $14.3M | 0.02% |
+87,028
| New | +$13.7M |
|
|
TWO
734
Two Harbors Investment
TWO
$1.28B
| $14.3M | 0.02% |
209,127
+177,554
| +562% | +$12.5M |
|
|
VWR
735
DELISTED
VWR Corporation
VWR
| $14.3M | 0.02% |
502,762
+272,084
| +118% | +$7.89M |
|
|
CVGW
736
DELISTED
Calavo Growers
CVGW
| $14.2M | 0.02% |
217,721
+214,553
| +6,773% | +$13.9M |
|
737
BWX Technologies
BWXT
$13.7B
| $14.2M | 0.02% |
370,198
-2,531
| -0.7% | -$95.6K |
|
738
Snap-on
SNA
$20.4B
| $14.2M | 0.02% |
93,231
-23,715
| -20% | -$3.66M |
|
|
BBT
739
Beacon Financial Corp
BBT
$2.65B
| $14.1M | 0.02% |
509,738
+40,660
| +9% | +$1.11M |
|
740
Vanguard Short-Term Bond ETF
BSV
$45.6B
| $14.1M | 0.02% |
174,582
-1,198
| -0.7% | -$96.9K |
|
741
PUT
C.H. Robinson
CHRW
$16.7B
| $14.1M | 0.02% |
+200,000
| New | +$14M |
|
742
Southwest Gas
SWX
$6.49B
| $14M | 0.02% |
200,714
+152,397
| +315% | +$11.2M |
|
743
Penumbra
PEN
$12.8B
| $14M | 0.02% |
+183,940
| New | +$12.7M |
|
744
CALL
AstraZeneca
AZN
$259B
| $14M | 0.02% |
+212,500
| New | +$13.9M |
|
|
MDSO
745
CALL
DELISTED
Medidata Solutions, Inc.
MDSO
| $13.9M | 0.02% |
+250,000
| New | +$13.2M |
|
|
BPFH
746
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $13.9M | 0.02% |
1,085,068
-743,197
| -41% | -$9.21M |
|
|
OCLR
747
DELISTED
Oclaro Inc.
OCLR
| $13.9M | 0.02% |
1,625,042
+1,083,100
| +200% | +$7.53M |
|
748
Nordson
NDSN
$18.6B
| $13.9M | 0.02% |
139,385
-26,477
| -16% | -$2.46M |
|
749
iShares MSCI United Kingdom ETF
EWU
$3.85B
| $13.8M | 0.02% |
+436,509
| New | +$13.7M |
|
750
Reinsurance Group of America
RGA
$16B
| $13.8M | 0.02% |
127,933
+858
| +0.7% | +$87.6K |
|
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.