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 | |
|---|---|---|---|---|---|---|
|
NCI
1326
DELISTED
Navigant Consulting, Inc.
NCI
| $5.11M | 0.01% |
252,707
+56,773
| +29% | +$1.08M |
|
|
BKS
1327
DELISTED
Barnes & Noble
BKS
| $5.1M | 0.01% |
451,686
+137,082
| +44% | +$1.65M |
|
1328
AngioDynamics
ANGO
$659M
| $5.1M | 0.01% |
290,736
+248,536
| +589% | +$4.03M |
|
1329
United Bankshares
UBSI
$6.46B
| $5.09M | 0.01% |
+135,185
| New | +$5.18M |
|
1330
InterDigital
IDCC
$8.92B
| $5.08M | 0.01% |
+64,180
| New | +$4.29M |
|
1331
Annaly Capital Management
NLY
$17.4B
| $5.08M | 0.01% |
120,950
+114,508
| +1,778% | +$4.96M |
|
1332
Acadia Pharmaceuticals
ACAD
$5.27B
| $5.07M | 0.01% |
159,284
+76,187
| +92% | +$2.58M |
|
|
SNP
1333
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $5.07M | 0.01% |
68,611
-18,914
| -22% | -$1.36M |
|
1334
KT
KT
$9.16B
| $5.05M | 0.01% |
314,457
+257,099
| +448% | +$3.97M |
|
1335
AMN Healthcare
AMN
$1.31B
| $5.04M | 0.01% |
+158,264
| New | +$6.01M |
|
|
ESL
1336
DELISTED
Esterline Technologies
ESL
| $5.04M | 0.01% |
66,296
-445
| -0.7% | -$31.2K |
|
1337
Regal Rexnord
RRX
$10.8B
| $5.04M | 0.01% |
+84,656
| New | +$5.09M |
|
1338
American Eagle Outfitters
AEO
$2.8B
| $5.01M | 0.01% |
280,443
-191,836
| -41% | -$3.44M |
|
1339
Ryman Hospitality Properties
RHP
$9.17B
| $4.99M | 0.01% |
103,656
+94,034
| +977% | +$5M |
|
|
RATE
1340
DELISTED
Bankrate Inc
RATE
| $4.98M | 0.01% |
587,363
-238,253
| -29% | -$1.89M |
|
1341
Stellantis
STLA
$19.8B
| $4.97M | 0.01% |
779,894
+358,058
| +85% | +$2.35M |
|
|
EGL
1342
DELISTED
Engility Holdings, Inc.
EGL
| $4.95M | 0.01% |
157,177
+11,928
| +8% | +$350K |
|
|
AKRX
1343
DELISTED
Akorn Inc
AKRX
| $4.95M | 0.01% |
181,391
-402,269
| -69% | -$11.9M |
|
|
APFH
1344
DELISTED
AdvancePierre Foods Holdings
APFH
| $4.94M | 0.01% |
+179,325
| New | +$4.51M |
|
1345
Upbound Group
UPBD
$1.13B
| $4.94M | 0.01% |
390,821
-237,636
| -38% | -$2.97M |
|
1346
iShares 20+ Year Treasury Bond ETF
TLT
$47.1B
| $4.93M | 0.01% |
35,855
+7,872
| +28% | +$1.09M |
|
1347
Barclays
BCS
$91.5B
| $4.91M | 0.01% |
599,112
+496,482
| +484% | +$3.92M |
|
1348
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.5B
| $4.91M | 0.01% |
100,496
+28,814
| +40% | +$1.41M |
|
1349
Morningstar
MORN
$8.07B
| $4.9M | 0.01% |
61,796
+51,701
| +512% | +$4.25M |
|
1350
Vanguard Real Estate ETF
VNQ
$39.4B
| $4.88M | 0.01% |
56,218
-24,588
| -30% | -$2.19M |
|
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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.