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 | |
|---|---|---|---|---|---|---|
876
Insperity
NSP
$1.99B
| $10.8M | 0.02% |
305,150
+191,986
| +170% | +$6.93M |
|
877
Kite Realty
KRG
$5.26B
| $10.8M | 0.02% |
460,332
+188,271
| +69% | +$4.66M |
|
878
Phillips 66
PSX
$96.5B
| $10.8M | 0.02% |
125,095
-277,767
| -69% | -$23.1M |
|
|
CRR
879
DELISTED
Carbo Ceramics Inc.
CRR
| $10.8M | 0.02% |
1,033,317
+230,468
| +29% | +$2.05M |
|
|
PAY
880
DELISTED
Verifone Systems Inc
PAY
| $10.8M | 0.02% |
608,639
-14,025
| -2% | -$233K |
|
881
Prologis
PLD
$136B
| $10.8M | 0.02% |
+204,254
| New | +$10.4M |
|
882
HealthEquity
HQY
$8.81B
| $10.8M | 0.02% |
265,702
+256,096
| +2,666% | +$9.9M |
|
|
GNMK
883
DELISTED
GenMark Diagnostics, Inc
GNMK
| $10.8M | 0.02% |
878,415
+321,477
| +58% | +$3.82M |
|
884
Saia
SAIA
$9.32B
| $10.8M | 0.02% |
+243,510
| New | +$9.42M |
|
885
Lazard
LAZ
$4.29B
| $10.7M | 0.02% |
260,848
-45,169
| -15% | -$1.75M |
|
886
NewMarket
NEU
$8.61B
| $10.7M | 0.02% |
25,289
-3,598
| -12% | -$1.48M |
|
887
Fossil Group
FOSL
$329M
| $10.7M | 0.02% |
+413,248
| New | +$12.4M |
|
888
PUT
NVIDIA
NVDA
$5.05T
| $10.7M | 0.02% |
+4,000,000
| New | +$8.36M |
|
|
B
889
Barrick Mining
B
$79.3B
| $10.7M | 0.02% |
667,443
-629,811
| -49% | -$9.99M |
|
|
OTIC
890
DELISTED
Otonomy, Inc.
OTIC
| $10.7M | 0.02% |
670,652
+32,250
| +5% | +$540K |
|
|
AKAO
891
DELISTED
Achaogen Inc
AKAO
| $10.6M | 0.02% |
811,632
+786,677
| +3,152% | +$5.4M |
|
892
PUT
SolarEdge
SEDG
$1.85B
| $10.5M | 0.02% |
850,000
-50,000
| -6% | -$694K |
|
|
PIR
893
DELISTED
Pier 1 Imports, Inc.
PIR
| $10.5M | 0.02% |
61,633
+58,096
| +1,643% | +$6.74M |
|
894
Bank of Montreal
BMO
$121B
| $10.5M | 0.02% |
146,345
-6,448
| -4% | -$430K |
|
895
Penske Automotive Group
PAG
$14.3B
| $10.5M | 0.02% |
+202,981
| New | +$9.89M |
|
896
RTX Corp
RTX
$282B
| $10.5M | 0.02% |
152,533
-693,022
| -82% | -$45.9M |
|
897
Mercury Insurance
MCY
$5.89B
| $10.5M | 0.02% |
174,761
+132,591
| +314% | +$7.53M |
|
|
MON
898
CALL
DELISTED
Monsanto Co
MON
| $10.5M | 0.02% |
100,000
-258,200
| -72% | -$26.5M |
|
899
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $10.5M | 0.02% |
152,028
-5,749
| -4% | -$399K |
|
900
Honda
HMC
$42.3B
| $10.5M | 0.02% |
358,887
-24,224
| -6% | -$712K |
|
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.