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 | |
|---|---|---|---|---|---|---|
|
AKRX
776
DELISTED
Akorn Inc
AKRX
| $13.1M | 0.03% |
600,436
+419,045
| +231% | +$9.64M |
|
777
LKQ Corp
LKQ
$6.51B
| $13.1M | 0.03% |
427,158
+101,106
| +31% | +$3.3M |
|
778
NCR Voyix
VYX
$1.1B
| $13.1M | 0.03% |
525,959
+446,433
| +561% | +$10M |
|
|
SBY
779
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $13.1M | 0.03% |
763,484
+541,603
| +244% | +$9.31M |
|
|
KTWO
780
DELISTED
K2M Group Holdings, Inc
KTWO
| $13.1M | 0.03% |
652,547
+323,153
| +98% | +$6.14M |
|
|
MDR
781
DELISTED
McDermott International
MDR
| $13M | 0.03% |
586,642
-164,607
| -22% | -$3.07M |
|
782
Prestige Consumer Healthcare
PBH
$2.46B
| $13M | 0.03% |
249,569
+131,746
| +112% | +$6.36M |
|
|
GHL
783
DELISTED
Greenhill & Co., Inc.
GHL
| $13M | 0.03% |
469,328
+242,711
| +107% | +$6.25M |
|
784
Southside Bancshares
SBSI
$956M
| $13M | 0.03% |
353,325
+343,910
| +3,653% | +$11.9M |
|
|
HA
785
DELISTED
Hawaiian Holdings, Inc.
HA
| $12.9M | 0.03% |
227,125
+170,925
| +304% | +$8.73M |
|
786
ZTO Express
ZTO
$16.2B
| $12.9M | 0.03% |
+1,070,926
| New | +$15.4M |
|
787
Steris
STE
$23.2B
| $12.9M | 0.03% |
190,887
-95,113
| -33% | -$6.45M |
|
|
HSNI
788
DELISTED
HSN, Inc.
HSNI
| $12.8M | 0.03% |
374,345
+272,557
| +268% | +$10.2M |
|
789
PUT
First Solar
FSLR
$22.4B
| $12.8M | 0.03% |
400,000
+200,000
| +100% | +$7.02M |
|
|
NCI
790
DELISTED
Navigant Consulting, Inc.
NCI
| $12.8M | 0.03% |
488,956
+236,249
| +93% | +$5.59M |
|
|
MNDT
791
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $12.7M | 0.03% |
1,071,180
-133,751
| -11% | -$1.74M |
|
|
PARA
792
PUT
DELISTED
Paramount Global Class B
PARA
| $12.7M | 0.03% |
+200,000
| New | +$11.9M |
|
793
Aptiv
APTV
$9.83B
| $12.6M | 0.03% |
186,640
+144,387
| +342% | +$9.7M |
|
|
ATVI
794
DELISTED
Activision Blizzard
ATVI
| $12.6M | 0.03% |
347,627
-442,288
| -56% | -$17.7M |
|
795
Greif
GEF
$4.89B
| $12.5M | 0.03% |
244,548
+21,860
| +10% | +$1.11M |
|
796
Evercore
EVR
$11.2B
| $12.5M | 0.03% |
182,526
-29,500
| -14% | -$1.81M |
|
|
SCMP
797
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $12.5M | 0.03% |
923,794
+266,114
| +40% | +$3.71M |
|
|
NAV
798
DELISTED
Navistar International
NAV
| $12.5M | 0.03% |
398,511
+279,120
| +234% | +$7.56M |
|
799
Woodward
WWD
$19.7B
| $12.5M | 0.03% |
180,421
+149,108
| +476% | +$9.64M |
|
800
Cheniere Energy
CQP
$32.9B
| $12.4M | 0.03% |
431,968
-21,966
| -5% | -$623K |
|
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.