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 | |
|---|---|---|---|---|---|---|
|
RWT
1426
Redwood Trust
RWT
$593M
| $4.28M | 0.01% |
281,281
-205,434
| -42% | -$3.02M |
|
|
PF
1427
CALL
DELISTED
Pinnacle Foods, Inc.
PF
| $4.28M | 0.01% |
+80,000
| New | +$4.06M |
|
1428
Saic
SAIC
$5.38B
| $4.27M | 0.01% |
50,386
+43,470
| +629% | +$3.33M |
|
1429
Vanguard Total International Bond ETF
BNDX
$83B
| $4.27M | 0.01% |
78,638
-31,998
| -29% | -$1.75M |
|
1430
CACI
CACI
$13.5B
| $4.26M | 0.01% |
34,240
-37,232
| -52% | -$4.3M |
|
1431
CALL
Waste Management
WM
$88.8B
| $4.25M | 0.01% |
60,000
-40,000
| -40% | -$2.68M |
|
1432
Hudbay
HBM
$13.7B
| $4.24M | 0.01% |
744,497
+227,538
| +44% | +$1.22M |
|
|
TEN
1433
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $4.23M | 0.01% |
67,673
-25,236
| -27% | -$1.48M |
|
|
WAIR
1434
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $4.23M | 0.01% |
282,699
+115,478
| +69% | +$1.62M |
|
1435
PUT
Sonoco
SON
$5.72B
| $4.22M | 0.01% |
+80,000
| New | +$4.17M |
|
|
1436
CALL
Procter & Gamble
PG
$338B
| $4.2M | 0.01% |
50,000
| – | – |
|
|
ANDX
1437
DELISTED
Andeavor Logistics LP
ANDX
| $4.2M | 0.01% |
+82,744
| New | +$3.91M |
|
1438
New Mountain Finance
NMFC
$719M
| $4.2M | 0.01% |
297,686
+160,742
| +117% | +$2.22M |
|
1439
Enerpac Tool Group
EPAC
$1.91B
| $4.2M | 0.01% |
161,653
-87,141
| -35% | -$2.18M |
|
|
HTO
1440
H2O America
HTO
$2.67B
| $4.19M | 0.01% |
+74,801
| New | +$3.78M |
|
|
MFA
1441
MFA Financial
MFA
$894M
| $4.19M | 0.01% |
137,155
-94,348
| -41% | -$2.83M |
|
1442
Belden
BDC
$4.57B
| $4.18M | 0.01% |
55,958
-52,830
| -49% | -$3.76M |
|
1443
Goodyear
GT
$1.78B
| $4.18M | 0.01% |
135,471
-1,814,478
| -93% | -$56.1M |
|
1444
B2Gold
BTG
$7.75B
| $4.18M | 0.01% |
1,762,079
-4,074,665
| -70% | -$10.1M |
|
1445
Koppers
KOP
$872M
| $4.17M | 0.01% |
103,577
+41,508
| +67% | +$1.52M |
|
1446
British American Tobacco
BTI
$122B
| $4.16M | 0.01% |
73,890
+65,082
| +739% | +$3.69M |
|
1447
Vornado Realty Trust
VNO
$7.46B
| $4.15M | 0.01% |
49,235
-110,032
| -69% | -$8.65M |
|
1448
Cinemark Holdings
CNK
$4.34B
| $4.15M | 0.01% |
108,119
-142,349
| -57% | -$5.66M |
|
1449
Fulton Financial
FULT
$4.52B
| $4.15M | 0.01% |
220,588
+209,961
| +1,976% | +$3.52M |
|
|
BGC
1450
DELISTED
General Cable Corporation
BGC
| $4.14M | 0.01% |
217,442
+98,941
| +83% | +$1.67M |
|
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.