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 | |
|---|---|---|---|---|---|---|
751
Universal Display
OLED
$3.89B
| $13.8M | 0.03% |
+245,986
| New | +$13.5M |
|
|
MRO
752
PUT
DELISTED
Marathon Oil Corporation
MRO
| $13.8M | 0.03% |
800,000
-400,000
| -33% | -$6.42M |
|
753
ProShares Ultra Silver
AGQ
$1.64B
| $13.8M | 0.03% |
430,980
-33,053
| -7% | -$1.25M |
|
|
POT
754
DELISTED
Potash Corp Of Saskatchewan
POT
| $13.8M | 0.03% |
+762,633
| New | +$13.2M |
|
|
LSI
755
DELISTED
Life Storage, Inc.
LSI
| $13.8M | 0.03% |
242,378
-317,940
| -57% | -$17.6M |
|
|
UCB
756
United Community Banks
UCB
$4.27B
| $13.7M | 0.03% |
462,905
-1,583,163
| -77% | -$39.7M |
|
757
Omega Healthcare
OHI
$14.1B
| $13.7M | 0.03% |
438,053
+347,605
| +384% | +$10.7M |
|
758
TETRA Technologies
TTI
$1B
| $13.6M | 0.03% |
2,718,892
+493,590
| +22% | +$2.67M |
|
|
EFOR
759
Everforth Inc
EFOR
$1.33B
| $13.6M | 0.03% |
308,109
+184,584
| +149% | +$7.34M |
|
760
Associated Banc-Corp
ASB
$5.84B
| $13.5M | 0.03% |
548,337
-841,894
| -61% | -$18.5M |
|
761
National Grid
NGG
$80.9B
| $13.5M | 0.03% |
240,575
+233,283
| +3,199% | +$13.8M |
|
762
MarketAxess Holdings
MKTX
$5.72B
| $13.5M | 0.03% |
92,121
+53,818
| +141% | +$8.55M |
|
763
Service Corp International
SCI
$11.5B
| $13.5M | 0.03% |
475,914
+299,605
| +170% | +$7.99M |
|
764
Flex
FLEX
$39.4B
| $13.5M | 0.03% |
1,247,624
+241,000
| +24% | +$2.57M |
|
765
Chevron
CVX
$398B
| $13.5M | 0.03% |
114,378
-96,868
| -46% | -$10.5M |
|
766
Atkore
ATKR
$3.16B
| $13.4M | 0.03% |
562,200
-9,836
| -2% | -$202K |
|
767
Crane NXT
CXT
$2.87B
| $13.4M | 0.03% |
534,803
-465,765
| -47% | -$11.3M |
|
768
CALL
Tower Semiconductor
TSEM
$23.9B
| $13.3M | 0.03% |
700,000
+450,000
| +180% | +$7.76M |
|
|
TCF
769
DELISTED
TCF Financial Corporation Common Stock
TCF
| $13.3M | 0.03% |
245,691
-577,383
| -70% | -$28.1M |
|
|
WFT
770
DELISTED
Weatherford International plc
WFT
| $13.3M | 0.03% |
2,662,377
-352,667
| -12% | -$1.84M |
|
771
CALL
Invesco DB US Dollar Index Bullish Fund
UUP
$322M
| $13.2M | 0.03% |
+500,000
| New | +$12.9M |
|
|
AHL
772
DELISTED
ASPEN Insurance Holding Limited
AHL
| $13.2M | 0.03% |
240,018
+27,893
| +13% | +$1.42M |
|
773
Liberty Global Class A
LBTYA
$3.66B
| $13.2M | 0.03% |
430,865
+383,220
| +804% | +$12.1M |
|
774
CALL
Micron Technology
MU
$1.03T
| $13.2M | 0.03% |
+600,000
| New | +$11.3M |
|
775
Central Pacific Financial
CPF
$972M
| $13.1M | 0.03% |
417,363
-49,725
| -11% | -$1.4M |
|
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.