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 | |
|---|---|---|---|---|---|---|
|
AFAM
801
DELISTED
Almost Family Inc
AFAM
| $12.4M | 0.03% |
281,268
+112,145
| +66% | +$4.57M |
|
802
EQT Corp
EQT
$33.6B
| $12.4M | 0.03% |
348,218
-53,075
| -13% | -$1.97M |
|
|
CALY
803
Callaway Golf Company
CALY
$2.82B
| $12.4M | 0.03% |
1,130,851
+519,694
| +85% | +$5.89M |
|
804
Edison International
EIX
$28.5B
| $12.4M | 0.03% |
171,923
-999,904
| -85% | -$70.6M |
|
|
HPP
805
Hudson Pacific Properties
HPP
$798M
| $12.4M | 0.03% |
50,755
+19,753
| +64% | +$4.62M |
|
|
GWR
806
DELISTED
Genesee & Wyoming Inc.
GWR
| $12.3M | 0.03% |
177,617
+124,105
| +232% | +$8.86M |
|
|
ZNGA
807
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $12.3M | 0.03% |
4,792,948
-4,290,641
| -47% | -$12.1M |
|
|
SNP
808
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $12.3M | 0.03% |
173,408
+104,797
| +153% | +$7.6M |
|
809
Baidu
BIDU
$31.3B
| $12.2M | 0.03% |
+74,112
| New | +$12.6M |
|
810
Chipotle Mexican Grill
CMG
$48.1B
| $12.2M | 0.03% |
+1,614,600
| New | +$12.7M |
|
811
Navient
NAVI
$888M
| $12.2M | 0.03% |
741,419
+452,737
| +157% | +$7.04M |
|
812
Sunstone Hotel Investors
SHO
$2.1B
| $12.2M | 0.03% |
797,978
+705,203
| +760% | +$9.83M |
|
|
HES
813
DELISTED
Hess
HES
| $12.1M | 0.03% |
+194,935
| New | +$10.7M |
|
814
AMC Global Media
AMCX
$512M
| $12.1M | 0.03% |
231,824
-150,649
| -39% | -$7.82M |
|
815
Verisk Analytics
VRSK
$24.7B
| $12.1M | 0.03% |
149,493
+142,600
| +2,069% | +$11.7M |
|
816
HF Sinclair
DINO
$16.9B
| $12.1M | 0.03% |
369,390
-1,278,419
| -78% | -$35.4M |
|
|
EXAS
817
DELISTED
Exact Sciences
EXAS
| $12.1M | 0.03% |
902,038
-70,911
| -7% | -$1.14M |
|
818
Jack Henry & Associates
JKHY
$12.1B
| $12M | 0.03% |
135,510
+53,744
| +66% | +$4.59M |
|
|
RGC
819
DELISTED
Regal Entertainment Group
RGC
| $12M | 0.03% |
583,756
+445,200
| +321% | +$9.88M |
|
820
UMB Financial
UMBF
$10.9B
| $12M | 0.03% |
155,529
+114,978
| +284% | +$7.99M |
|
821
Enovis
ENOV
$1.45B
| $12M | 0.03% |
193,583
-74,810
| -28% | -$4.42M |
|
822
CALL
Teva Pharmaceuticals
TEVA
$43B
| $12M | 0.03% |
+330,000
| New | +$13.2M |
|
|
SINA
823
DELISTED
Sina Corp
SINA
| $11.9M | 0.03% |
196,505
-407,440
| -67% | -$29.2M |
|
|
824
Coty
COTY
$2.46B
| $11.9M | 0.02% |
648,622
-53,845,604
| -99% | -$1.11B |
|
825
Royal Caribbean
RCL
$78.4B
| $11.9M | 0.02% |
144,642
+11,384
| +9% | +$896K |
|
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.