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 | |
|---|---|---|---|---|---|---|
|
DNR
1126
DELISTED
Denbury Resources, Inc.
DNR
| $7.03M | 0.01% |
+2,176,482
| New | +$6.66M |
|
1127
Banner Corp
BANR
$2.39B
| $7M | 0.01% |
160,057
+46,103
| +40% | +$1.99M |
|
1128
Jack Henry & Associates
JKHY
$12.3B
| $7M | 0.01% |
81,766
+53,672
| +191% | +$4.71M |
|
1129
QuidelOrtho
QDEL
$1.03B
| $7M | 0.01% |
316,665
+129,673
| +69% | +$2.77M |
|
1130
NVR
NVR
$17.1B
| $6.98M | 0.01% |
4,254
-6,872
| -62% | -$11.7M |
|
1131
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $6.97M | 0.01% |
62,594
+9,547
| +18% | +$1.06M |
|
|
PCH
1132
DELISTED
PotlatchDeltic
PCH
| $6.96M | 0.01% |
179,103
+97,234
| +119% | +$3.65M |
|
1133
SunCoke Energy
SXC
$828M
| $6.96M | 0.01% |
867,591
+612,381
| +240% | +$4.29M |
|
1134
PUT
Eagle Materials
EXP
$6.1B
| $6.96M | 0.01% |
+90,000
| New | +$7.23M |
|
1135
Blackrock
BLK
$182B
| $6.95M | 0.01% |
+19,185
| New | +$6.98M |
|
1136
Forward Air
FWRD
$588M
| $6.95M | 0.01% |
160,656
+117,411
| +272% | +$5.33M |
|
|
MFA
1137
MFA Financial
MFA
$894M
| $6.93M | 0.01% |
+231,503
| New | +$7.02M |
|
1138
Helen of Troy
HELE
$673M
| $6.92M | 0.01% |
80,352
+45,608
| +131% | +$4.28M |
|
|
EMES
1139
DELISTED
Emerge Energy Services LP
EMES
| $6.9M | 0.01% |
528,899
-133,733
| -20% | -$1.53M |
|
1140
American Airlines Group
AAL
$9.23B
| $6.89M | 0.01% |
188,349
+154,397
| +455% | +$5.45M |
|
|
RWT
1141
Redwood Trust
RWT
$593M
| $6.89M | 0.01% |
486,715
+3,903
| +0.8% | +$55.6K |
|
1142
CALL
Chord Energy
CHRD
$7.7B
| $6.88M | 0.01% |
+600,000
| New | +$5.48M |
|
|
ABMD
1143
DELISTED
Abiomed Inc
ABMD
| $6.87M | 0.01% |
53,408
-162,310
| -75% | -$19.4M |
|
1144
Veeva Systems
VEEV
$40.4B
| $6.86M | 0.01% |
166,268
-183,530
| -52% | -$7.12M |
|
|
LOCK
1145
DELISTED
LifeLock, Inc.
LOCK
| $6.86M | 0.01% |
405,472
+244,729
| +152% | +$4.03M |
|
1146
Sturm, Ruger & Co
RGR
$613M
| $6.84M | 0.01% |
118,444
-1,865
| -2% | -$118K |
|
1147
Synaptics
SYNA
$3.71B
| $6.83M | 0.01% |
116,535
-56,648
| -33% | -$3.11M |
|
|
XXIA
1148
DELISTED
Ixia
XXIA
| $6.83M | 0.01% |
545,973
+121,100
| +29% | +$1.39M |
|
1149
Boston Beer
SAM
$1.95B
| $6.79M | 0.01% |
+43,726
| New | +$7.63M |
|
1150
iShares Russell 1000 Growth ETF
IWF
$125B
| $6.79M | 0.01% |
260,556
+102,300
| +65% | +$2.66M |
|
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.