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 | |
|---|---|---|---|---|---|---|
1051
Public Storage
PSA
$60.7B
| $7.94M | 0.02% |
35,530
-8,800
| -20% | -$1.87M |
|
|
STL
1052
DELISTED
Sterling Bancorp
STL
| $7.94M | 0.02% |
339,179
-44,307
| -12% | -$918K |
|
1053
Gerdau
GGB
$8.5B
| $7.88M | 0.02% |
3,161,559
+1,832,308
| +138% | +$4.99M |
|
|
AUY
1054
DELISTED
Yamana Gold, Inc.
AUY
| $7.87M | 0.02% |
2,802,206
+1,604,288
| +134% | +$5.24M |
|
1055
Kinross Gold
KGC
$39.1B
| $7.83M | 0.02% |
2,518,904
-277,175
| -10% | -$973K |
|
1056
CALL
Exelixis
EXEL
$13.5B
| $7.83M | 0.02% |
525,000
+325,000
| +163% | +$4.69M |
|
|
1057
PUT
Exelixis
EXEL
$13.5B
| $7.83M | 0.02% |
+525,000
| New | +$7.57M |
|
1058
Vale
VALE
$64B
| $7.83M | 0.02% |
1,026,994
-4,418,895
| -81% | -$32.4M |
|
|
RDUS
1059
DELISTED
Radius Health, Inc.
RDUS
| $7.82M | 0.02% |
205,734
+135,965
| +195% | +$6.47M |
|
|
FLY
1060
DELISTED
Fly Leasing Limited
FLY
| $7.8M | 0.02% |
586,676
+36,961
| +7% | +$480K |
|
|
XXIA
1061
DELISTED
Ixia
XXIA
| $7.77M | 0.02% |
482,459
-63,514
| -12% | -$878K |
|
|
WRD
1062
DELISTED
WildHorse Resource Development
WRD
| $7.77M | 0.02% |
+531,936
| New | +$7.76M |
|
1063
Korn Ferry
KFY
$4.35B
| $7.75M | 0.02% |
263,185
+130,797
| +99% | +$3.19M |
|
|
GIMO
1064
PUT
DELISTED
Gigamon Inc.
GIMO
| $7.74M | 0.02% |
+170,000
| New | +$8.85M |
|
|
X
1065
DELISTED
US Steel
X
| $7.74M | 0.02% |
+234,564
| New | +$6.27M |
|
1066
PUT
Neurocrine Biosciences
NBIX
$15.6B
| $7.74M | 0.02% |
+200,000
| New | +$9.05M |
|
1067
CALL
iShares US Real Estate ETF
IYR
$4.67B
| $7.69M | 0.02% |
100,000
-100,000
| -50% | -$7.6M |
|
|
JWN
1068
DELISTED
Nordstrom
JWN
| $7.68M | 0.02% |
160,165
+93,112
| +139% | +$5.06M |
|
1069
Commault Systems
CVLT
$5.43B
| $7.64M | 0.02% |
148,627
-146,994
| -50% | -$7.88M |
|
|
MBLY
1070
PUT
DELISTED
Mobileye N.V.
MBLY
| $7.62M | 0.02% |
200,000
-300,000
| -60% | -$11.3M |
|
|
EGL
1071
DELISTED
Engility Holdings, Inc.
EGL
| $7.62M | 0.02% |
226,069
+68,892
| +44% | +$2.28M |
|
|
TRVN
1072
DELISTED
Trevena, Inc.
TRVN
| $7.62M | 0.02% |
2,073
+332
| +19% | +$1.19M |
|
|
PMC
1073
DELISTED
PharMerica Corporation
PMC
| $7.6M | 0.02% |
302,064
-307,220
| -50% | -$7.76M |
|
|
FBC
1074
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $7.6M | 0.02% |
281,946
-124,053
| -31% | -$3.42M |
|
|
NXTM
1075
DELISTED
NxStage Medical Inc.
NXTM
| $7.59M | 0.02% |
289,547
-558,868
| -66% | -$13.8M |
|
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.