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 | |
|---|---|---|---|---|---|---|
1401
NOV
NOV
$7.11B
| $4.45M | 0.01% |
118,772
+73,778
| +164% | +$2.69M |
|
|
FOE
1402
DELISTED
Ferro Corporation
FOE
| $4.44M | 0.01% |
309,823
-466,679
| -60% | -$6.62M |
|
1403
Newmont
NEM
$142B
| $4.43M | 0.01% |
130,119
-1,600,755
| -92% | -$54.7M |
|
|
RUTH
1404
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.43M | 0.01% |
242,244
-90,855
| -27% | -$1.5M |
|
|
NTT
1405
DELISTED
Nippon Telegraph & Telephone
NTT
| $4.43M | 0.01% |
105,340
+12,244
| +13% | +$519K |
|
1406
POSCO
PKX
$18B
| $4.43M | 0.01% |
84,230
+74,539
| +769% | +$4M |
|
1407
Hackett Group
HCKT
$278M
| $4.41M | 0.01% |
249,819
+61,053
| +32% | +$1.03M |
|
|
LXFT
1408
DELISTED
Luxoft Holding, Inc.
LXFT
| $4.4M | 0.01% |
78,260
+411
| +0.5% | +$21.9K |
|
1409
Daktronics
DAKT
$923M
| $4.39M | 0.01% |
410,689
+41,105
| +11% | +$393K |
|
|
PBPB
1410
DELISTED
Potbelly
PBPB
| $4.39M | 0.01% |
340,043
+272,911
| +407% | +$3.65M |
|
1411
Evolent Health
EVH
$553M
| $4.38M | 0.01% |
296,233
+182,361
| +160% | +$3.59M |
|
1412
Extreme Networks
EXTR
$2.95B
| $4.38M | 0.01% |
871,478
-396,944
| -31% | -$1.8M |
|
1413
Factset
FDS
$10.5B
| $4.38M | 0.01% |
+26,796
| New | +$4.27M |
|
1414
Sun Life Financial
SLF
$44.5B
| $4.38M | 0.01% |
113,985
-4,346
| -4% | -$157K |
|
1415
Assembly Biosciences
ASMB
$719M
| $4.37M | 0.01% |
29,992
-317
| -1% | -$47.1K |
|
1416
Albany International
AIN
$1.65B
| $4.35M | 0.01% |
94,029
+32,302
| +52% | +$1.42M |
|
|
TFCFA
1417
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $4.35M | 0.01% |
155,267
-4,976,359
| -97% | -$134M |
|
|
CIVI
1418
DELISTED
Civitas Solutions, Inc.
CIVI
| $4.34M | 0.01% |
218,076
+191,112
| +709% | +$3.46M |
|
|
USG
1419
CALL
DELISTED
Usg
USG
| $4.33M | 0.01% |
+150,000
| New | +$4.13M |
|
|
AFSI
1420
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $4.32M | 0.01% |
157,769
-110,248
| -41% | -$2.93M |
|
|
CLD
1421
DELISTED
Cloud Peak Energy Inc
CLD
| $4.3M | 0.01% |
767,449
+418,049
| +120% | +$2.52M |
|
|
MCHB
1422
Mechanics Bancorp
MCHB
$3.56B
| $4.3M | 0.01% |
136,042
-9,466
| -7% | -$271K |
|
|
CPLA
1423
DELISTED
Capella Education Company
CPLA
| $4.29M | 0.01% |
48,866
-16,795
| -26% | -$1.3M |
|
|
CBI
1424
DELISTED
Chicago Bridge & Iron Nv
CBI
| $4.28M | 0.01% |
134,828
-244,963
| -64% | -$7.66M |
|
1425
Autoliv
ALV
$9.08B
| $4.28M | 0.01% |
52,473
-4,324
| -8% | -$321K |
|
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.