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 | |
|---|---|---|---|---|---|---|
1226
Kaiser Aluminum
KALU
$2.51B
| $5.84M | 0.01% |
+75,237
| New | +$6.01M |
|
1227
WEC Energy
WEC
$34.8B
| $5.83M | 0.01% |
99,392
-219,459
| -69% | -$12.6M |
|
|
TTM
1228
DELISTED
Tata Motors Limited
TTM
| $5.83M | 0.01% |
169,413
-194,421
| -53% | -$7.17M |
|
|
WBT
1229
DELISTED
Welbilt, Inc.
WBT
| $5.82M | 0.01% |
301,249
+283,437
| +1,591% | +$4.84M |
|
1230
First Interstate BancSystem
FIBK
$3.53B
| $5.82M | 0.01% |
136,798
+129,355
| +1,738% | +$4.7M |
|
1231
Olin
OLN
$1.98B
| $5.82M | 0.01% |
227,118
-4,819,974
| -96% | -$114M |
|
|
CRZO
1232
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $5.82M | 0.01% |
155,704
+28,075
| +22% | +$1.08M |
|
1233
KRONOS Worldwide
KRO
$1.03B
| $5.81M | 0.01% |
486,920
+101,148
| +26% | +$1.03M |
|
1234
iShares MSCI Taiwan ETF
EWT
$11.4B
| $5.81M | 0.01% |
+197,882
| New | +$6.09M |
|
1235
TC Energy
TRP
$64.4B
| $5.81M | 0.01% |
128,674
-1,410,867
| -92% | -$64.1M |
|
1236
RenaissanceRe
RNR
$13.7B
| $5.81M | 0.01% |
42,629
+28,248
| +196% | +$3.62M |
|
1237
Gold Fields
GFI
$43.7B
| $5.8M | 0.01% |
1,926,213
-170,871
| -8% | -$612K |
|
|
MGP
1238
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $5.78M | 0.01% |
228,341
-338,082
| -60% | -$8.42M |
|
1239
First Solar
FSLR
$22.2B
| $5.77M | 0.01% |
179,789
-277,096
| -61% | -$9.73M |
|
1240
CALL
Abbott
ABT
$201B
| $5.76M | 0.01% |
+150,000
| New | +$5.95M |
|
|
ICPT
1241
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $5.76M | 0.01% |
53,000
+30,000
| +130% | +$3.57M |
|
1242
Rollins
ROL
$17.5B
| $5.74M | 0.01% |
+382,574
| New | +$5.31M |
|
1243
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $5.73M | 0.01% |
131,907
+11,882
| +10% | +$459K |
|
1244
Commercial Metals
CMC
$7.4B
| $5.72M | 0.01% |
262,746
+235,246
| +855% | +$4.61M |
|
1245
iShares Russell 2000 Value ETF
IWN
$14.6B
| $5.71M | 0.01% |
48,000
+5,000
| +12% | +$553K |
|
1246
CALL
Kimberly-Clark
KMB
$36.9B
| $5.71M | 0.01% |
+50,000
| New | +$5.8M |
|
|
VCRA
1247
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $5.67M | 0.01% |
306,734
+41,886
| +16% | +$747K |
|
|
HIMX
1248
Himax Technologies
HIMX
$2.38B
| $5.67M | 0.01% |
938,844
+803,411
| +593% | +$6.07M |
|
|
VWR
1249
DELISTED
VWR Corporation
VWR
| $5.67M | 0.01% |
226,519
-276,243
| -55% | -$7.34M |
|
|
ONIT
1250
Onity Group
ONIT
$294M
| $5.67M | 0.01% |
70,096
-4,411
| -6% | -$311K |
|
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.