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 | |
|---|---|---|---|---|---|---|
1401
Coca-Cola Femsa
KOF
$24.2B
| $4.48M | 0.01% |
59,734
+21,681
| +57% | +$1.68M |
|
|
VCRA
1402
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $4.48M | 0.01% |
264,848
+249,641
| +1,642% | +$3.82M |
|
1403
Western Midstream Partners
WES
$20.1B
| $4.47M | 0.01% |
+105,202
| New | +$3.96M |
|
1404
Dolby
DLB
$6.18B
| $4.47M | 0.01% |
82,280
+58,101
| +240% | +$2.91M |
|
|
VAL
1405
DELISTED
Valspar
VAL
| $4.46M | 0.01% |
42,093
-20,133
| -32% | -$2.14M |
|
1406
LendingTree
TREE
$425M
| $4.46M | 0.01% |
46,004
+42,995
| +1,429% | +$4.28M |
|
1407
Crocs
CROX
$5.89B
| $4.44M | 0.01% |
+535,380
| New | +$5.13M |
|
|
DF
1408
DELISTED
Dean Foods Company
DF
| $4.44M | 0.01% |
270,675
-809,217
| -75% | -$14.1M |
|
1409
Dillards
DDS
$9.91B
| $4.44M | 0.01% |
70,399
+56,578
| +409% | +$3.54M |
|
|
DISCK
1410
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $4.43M | 0.01% |
168,543
-376,154
| -69% | -$9.32M |
|
1411
CALL
PTC
PTC
$16.3B
| $4.43M | 0.01% |
100,000
+20,000
| +25% | +$829K |
|
1412
Pembina Pipeline
PBA
$28.2B
| $4.42M | 0.01% |
145,271
-56,571
| -28% | -$1.7M |
|
|
AIRM
1413
CALL
DELISTED
Air Methods Corp
AIRM
| $4.41M | 0.01% |
+140,000
| New | +$4.77M |
|
1414
Canadian Solar
CSIQ
$932M
| $4.38M | 0.01% |
319,034
-1,054,054
| -77% | -$14.5M |
|
|
CLLS
1415
Cellectis
CLLS
$344M
| $4.38M | 0.01% |
182,035
+7,142
| +4% | +$187K |
|
1416
Dentsply Sirona
XRAY
$2.2B
| $4.38M | 0.01% |
+73,733
| New | +$4.53M |
|
1417
Oaktree Specialty Lending
OCSL
$1.15B
| $4.38M | 0.01% |
251,242
+136,056
| +118% | +$2.33M |
|
1418
Magnite
MGNI
$3.36B
| $4.37M | 0.01% |
528,074
-65,307
| -11% | -$694K |
|
1419
Autoliv
ALV
$8.99B
| $4.37M | 0.01% |
56,797
-11,847
| -17% | -$910K |
|
|
CST
1420
DELISTED
CST Brands, Inc.
CST
| $4.36M | 0.01% |
90,620
-467,059
| -84% | -$21.5M |
|
1421
DexCom
DXCM
$33.3B
| $4.34M | 0.01% |
198,016
-1,174,344
| -86% | -$26.1M |
|
1422
Pentair
PNR
$10.1B
| $4.33M | 0.01% |
100,274
-244,425
| -71% | -$10.3M |
|
|
OSG
1423
Octave Specialty Group
OSG
$205M
| $4.32M | 0.01% |
234,775
-128,555
| -35% | -$2.31M |
|
1424
CALL
Bristol-Myers Squibb
BMY
$138B
| $4.31M | 0.01% |
+80,000
| New | +$5.14M |
|
1425
Enanta Pharmaceuticals
ENTA
$419M
| $4.31M | 0.01% |
162,118
+119,608
| +281% | +$2.78M |
|
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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.