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 |
Procter & Gamble
PG
|
+$6.23B |
| 2 |
Coty
COTY
|
+$1.43B |
| 3 |
Microsoft
MSFT
|
+$237M |
| 4 |
GXP
Great Plains Energy Incorporated
GXP
|
+$199M |
| 5 |
eBay
EBAY
|
+$198M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Charter Communications
CHTR
|
+$266M |
| 2 |
NextEra Energy
NEE
|
+$198M |
| 3 |
EMC
EMC CORPORATION
EMC
|
+$179M |
| 4 |
Exelon
EXC
|
+$150M |
| 5 |
Salesforce
CRM
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 17.22% |
| 2 | Healthcare | 10.7% |
| 3 | Energy | 9.08% |
| 4 | Technology | 8.88% |
| 5 | Financials | 8.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TRVN
1101
DELISTED
Trevena, Inc.
TRVN
| $7.34M | 0.01% |
1,741
-874
| -33% | -$3.74M |
|
|
KYNB
1102
Kyntra Bio
KYNB
$32.8M
| $7.33M | 0.01% |
14,168
+5,432
| +62% | +$2.56M |
|
|
NE
1103
DELISTED
Noble Corporation
NE
| $7.32M | 0.01% |
1,155,204
-797,022
| -41% | -$5.36M |
|
1104
KKR & Co
KKR
$96.6B
| $7.32M | 0.01% |
+513,489
| New | +$7.28M |
|
1105
Warner Bros
WBD
$72.5B
| $7.32M | 0.01% |
271,859
-145,965
| -35% | -$3.74M |
|
|
IPHI
1106
DELISTED
INPHI CORPORATION
IPHI
| $7.31M | 0.01% |
168,000
+160,960
| +2,286% | +$6.22M |
|
|
RIGP
1107
DELISTED
Transocean Partners LLC
RIGP
| $7.3M | 0.01% |
591,783
+143,112
| +32% | +$1.68M |
|
1108
Fomento Económico Mexicano
FMX
$42.1B
| $7.29M | 0.01% |
79,178
-233,807
| -75% | -$21.5M |
|
1109
SolarEdge
SEDG
$1.84B
| $7.27M | 0.01% |
421,679
-28,798
| -6% | -$508K |
|
|
HI
1110
DELISTED
Hillenbrand
HI
| $7.25M | 0.01% |
229,185
+163,171
| +247% | +$5.17M |
|
1111
CALL
Lowe's Companies
LOW
$120B
| $7.22M | 0.01% |
+100,000
| New | +$7.78M |
|
1112
CACI
CACI
$13.5B
| $7.21M | 0.01% |
71,472
+52,502
| +277% | +$5.06M |
|
1113
Archrock
AROC
$5.38B
| $7.2M | 0.01% |
550,356
+49,589
| +10% | +$533K |
|
|
AFSI
1114
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $7.19M | 0.01% |
268,017
-42,587
| -14% | -$1.09M |
|
|
HPP
1115
Hudson Pacific Properties
HPP
$809M
| $7.13M | 0.01% |
31,002
+275
| +0.9% | +$62.7K |
|
1116
Chemours
CC
$2.37B
| $7.13M | 0.01% |
445,544
-16,202
| -4% | -$185K |
|
|
AVB
1117
DELISTED
AvalonBay Communities
AVB
| $7.13M | 0.01% |
40,072
-339,358
| -89% | -$61.1M |
|
1118
CALL
Franklin Templeton
BEN
$17.8B
| $7.11M | 0.01% |
+200,000
| New | +$7.07M |
|
1119
Amgen
AMGN
$239B
| $7.11M | 0.01% |
42,613
-459,272
| -92% | -$77.7M |
|
1120
CALL
First Solar
FSLR
$22.2B
| $7.11M | 0.01% |
+180,000
| New | +$7.45M |
|
|
CALY
1121
Callaway Golf Company
CALY
$2.76B
| $7.1M | 0.01% |
611,157
-1,227,412
| -67% | -$13.7M |
|
1122
Pacific Biosciences
PACB
$472M
| $7.1M | 0.01% |
791,975
-2,820,219
| -78% | -$23.6M |
|
|
KATE
1123
DELISTED
Kate Spade & Company
KATE
| $7.09M | 0.01% |
414,103
-201,256
| -33% | -$3.9M |
|
|
SNR
1124
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $7.09M | 0.01% |
614,057
+302,037
| +97% | +$3.57M |
|
1125
CALL
Starbucks
SBUX
$121B
| $7.04M | 0.01% |
+130,000
| New | +$7.27M |
|
Similar funds
Israel Englander's Q3 2016 Portfolio in Review
As of Q3 2016, Israel Englander held 3,956 positions worth $59.6B, up 37% from $43.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Israel Englander deployed $13.4B of net new capital in Q3 2016, opening 826 new positions and adding to 1,153 existing holdings. Its largest new stake was Edison International: 1,171,827 shares worth $84.7M.
By sector, the portfolio is most concentrated in Consumer Staples at 17% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was NextEra Energy, an estimated $198M trimmed.
- Israel Englander's largest Q3 2016 buy was Edison International: 1,171,827 shares worth $84.7M.
- Israel Englander added most to Procter & Gamble in Q3 2016, an estimated $6.23B increase.
- Israel Englander's biggest Q3 2016 reduction was NextEra Energy, cutting an estimated $198M.
- Israel Englander fully exited Charter Communications in Q3 2016, selling an estimated $266M.
- Israel Englander's ten largest holdings make up 24% of its $59.6B portfolio in Q3 2016.
- Israel Englander opened 826 new positions and closed 723 in Q3 2016.
- Israel Englander's portfolio value rose 37% quarter-over-quarter to $59.6B.
Based on Millennium Management's 13F filing for Q3 2016, filed 14 Nov 2016.