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 | |
|---|---|---|---|---|---|---|
|
NLSN
1176
DELISTED
Nielsen Holdings plc
NLSN
| $6.32M | 0.01% |
150,545
+52,522
| +54% | +$2.41M |
|
1177
ScottsMiracle-Gro
SMG
$3.58B
| $6.31M | 0.01% |
+66,040
| New | +$5.92M |
|
1178
Applied Optoelectronics
AAOI
$9.6B
| $6.31M | 0.01% |
269,129
+191,237
| +246% | +$4.43M |
|
1179
KKR & Co
KKR
$96.2B
| $6.3M | 0.01% |
409,671
-103,818
| -20% | -$1.57M |
|
1180
Minerva Neurosciences
NERV
$247M
| $6.3M | 0.01% |
67,012
-40,066
| -37% | -$4.09M |
|
1181
Regal Rexnord
RRX
$10.9B
| $6.28M | 0.01% |
90,746
+6,090
| +7% | +$403K |
|
1182
Ardelyx
ARDX
$1B
| $6.25M | 0.01% |
440,496
+135,250
| +44% | +$1.92M |
|
1183
Reinsurance Group of America
RGA
$15.9B
| $6.24M | 0.01% |
49,589
-78,344
| -61% | -$9.19M |
|
1184
Brinker International
EAT
$10.7B
| $6.22M | 0.01% |
125,525
-97,989
| -44% | -$5.04M |
|
1185
Archer Daniels Midland
ADM
$38B
| $6.21M | 0.01% |
+136,043
| New | +$6.02M |
|
1186
CALL
ResMed
RMD
$34.2B
| $6.21M | 0.01% |
+100,000
| New | +$6.12M |
|
|
MPT
1187
Medical Properties Trust
MPT
$2.45B
| $6.19M | 0.01% |
503,509
-304,119
| -38% | -$3.94M |
|
|
PHH
1188
DELISTED
PHH Corporation
PHH
| $6.19M | 0.01% |
408,179
-407,955
| -50% | -$6.03M |
|
1189
Repligen
RGEN
$10.3B
| $6.16M | 0.01% |
199,972
+97,312
| +95% | +$3.01M |
|
1190
Corbus Pharmaceuticals
CRBP
$215M
| $6.16M | 0.01% |
+24,305
| New | +$5.57M |
|
|
NAK
1191
Northern Dynasty Minerals
NAK
$1.01B
| $6.16M | 0.01% |
2,975,863
+2,896,641
| +3,656% | +$3.37M |
|
1192
SiriusPoint
SPNT
$2.79B
| $6.15M | 0.01% |
532,220
+294,995
| +124% | +$3.55M |
|
1193
Ternium
TX
$10.8B
| $6.14M | 0.01% |
254,435
-379,187
| -60% | -$8.85M |
|
1194
Interactive Brokers
IBKR
$43B
| $6.14M | 0.01% |
+673,164
| New | +$6.13M |
|
|
HSKA
1195
DELISTED
Heska Corp
HSKA
| $6.14M | 0.01% |
85,745
-16,264
| -16% | -$1.01M |
|
1196
Loews
L
$22.7B
| $6.13M | 0.01% |
130,906
-101,223
| -44% | -$4.44M |
|
|
JONE
1197
DELISTED
Jones Energy, Inc.
JONE
| $6.12M | 0.01% |
66,544
+48,680
| +273% | +$3.94M |
|
|
WR
1198
DELISTED
Westar Energy Inc
WR
| $6.12M | 0.01% |
108,560
-1,628,410
| -94% | -$92.6M |
|
1199
Braskem
BAK
$669M
| $6.11M | 0.01% |
288,243
+93,060
| +48% | +$1.64M |
|
1200
Central Garden & Pet Co Class A
CENTA
$2.38B
| $6.11M | 0.01% |
247,309
+60,645
| +32% | +$1.31M |
|
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.