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 | |
|---|---|---|---|---|---|---|
1026
MaxLinear
MXL
$5.69B
| $8.39M | 0.02% |
384,903
-1,192,997
| -76% | -$24.7M |
|
1027
Boyd Gaming
BYD
$5.89B
| $8.34M | 0.02% |
413,537
-1,139,082
| -73% | -$21.9M |
|
1028
Scorpio Tankers
STNG
$3.92B
| $8.31M | 0.02% |
183,359
-226,866
| -55% | -$9.78M |
|
1029
Blackstone Mortgage Trust
BXMT
$2.38B
| $8.28M | 0.02% |
+275,501
| New | +$8.2M |
|
|
CHS
1030
DELISTED
Chicos FAS, Inc.
CHS
| $8.27M | 0.02% |
575,003
-1,086,645
| -65% | -$15M |
|
1031
United States Oil Fund
USO
$2.07B
| $8.27M | 0.02% |
88,200
+47,426
| +116% | +$4.19M |
|
1032
Federated Hermes
FHI
$4.83B
| $8.26M | 0.02% |
292,048
+31,253
| +12% | +$866K |
|
1033
Atlantic Union Bankshares
AUB
$5.84B
| $8.25M | 0.02% |
230,938
-198,575
| -46% | -$6.25M |
|
1034
QuidelOrtho
QDEL
$994M
| $8.24M | 0.02% |
384,587
+67,922
| +21% | +$1.46M |
|
|
ENIA
1035
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $8.22M | 0.02% |
1,000,878
-67,941
| -6% | -$565K |
|
1036
Gartner
IT
$12.8B
| $8.21M | 0.02% |
81,249
-106,988
| -57% | -$10.3M |
|
1037
Wintrust Financial
WTFC
$10.3B
| $8.21M | 0.02% |
113,109
-884,393
| -89% | -$54.9M |
|
1038
HSBC
HSBC
$357B
| $8.2M | 0.02% |
+225,773
| New | +$8M |
|
1039
Lincoln National
LNC
$8.11B
| $8.18M | 0.02% |
123,461
-927,248
| -88% | -$53.9M |
|
|
NATI
1040
DELISTED
National Instruments Corp
NATI
| $8.15M | 0.02% |
264,322
+244,401
| +1,227% | +$7.12M |
|
|
RATE
1041
DELISTED
Bankrate Inc
RATE
| $8.1M | 0.02% |
733,403
+146,040
| +25% | +$1.38M |
|
|
P
1042
Everpure Inc
P
$33.4B
| $8.1M | 0.02% |
716,220
+687,064
| +2,357% | +$8.9M |
|
1043
Tetra Tech
TTEK
$9.44B
| $8.09M | 0.02% |
937,775
+850,670
| +977% | +$6.87M |
|
1044
TriNet
TNET
$3.19B
| $8.09M | 0.02% |
315,752
-270,521
| -46% | -$6.13M |
|
1045
Newell Brands
NWL
$2.59B
| $8.09M | 0.02% |
181,087
+76,455
| +73% | +$3.7M |
|
1046
CALL
SM Energy
SM
$8.67B
| $8.09M | 0.02% |
234,500
| – | – |
|
1047
Marriott International
MAR
$93.9B
| $8.04M | 0.02% |
97,306
-832,525
| -90% | -$62.7M |
|
1048
CALL
Golar LNG
GLNG
$5.25B
| $8.03M | 0.02% |
350,000
+300,000
| +600% | +$6.98M |
|
1049
SouthState Bank Corp
SSB
$10.4B
| $7.99M | 0.02% |
91,378
+44,348
| +94% | +$3.58M |
|
|
EQY
1050
DELISTED
Equity One
EQY
| $7.98M | 0.02% |
259,958
-965,437
| -79% | -$28.2M |
|
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.