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 | |
|---|---|---|---|---|---|---|
1451
Essential Utilities
WTRG
$11.6B
| $4.14M | 0.01% |
137,724
-361,191
| -72% | -$10.8M |
|
1452
Silgan Holdings
SLGN
$4.51B
| $4.13M | 0.01% |
+161,542
| New | +$4.06M |
|
1453
Pool Corp
POOL
$6.77B
| $4.13M | 0.01% |
39,562
-168,851
| -81% | -$16.7M |
|
1454
SITE Centers
SITC
$156M
| $4.13M | 0.01% |
209,766
-1,060,473
| -83% | -$21.2M |
|
1455
CALL
Vanguard Real Estate ETF
VNQ
$39.4B
| $4.13M | 0.01% |
+50,000
| New | +$4.07M |
|
1456
Rush Enterprises Class A
RUSHA
$8.36B
| $4.12M | 0.01% |
290,837
+51,669
| +22% | +$639K |
|
|
AGTC
1457
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $4.12M | 0.01% |
440,638
+90,908
| +26% | +$819K |
|
|
APOL
1458
CALL
DELISTED
Apollo Education Group Inc Class A
APOL
| $4.12M | 0.01% |
+416,200
| New | +$3.8M |
|
1459
Kearny Financial
KRNY
$642M
| $4.11M | 0.01% |
264,267
-128,296
| -33% | -$1.88M |
|
|
RXDX
1460
DELISTED
Ignyta, Inc.
RXDX
| $4.1M | 0.01% |
773,977
+158,154
| +26% | +$922K |
|
|
CLC
1461
PUT
DELISTED
Clarcor
CLC
| $4.1M | 0.01% |
+49,700
| New | +$3.51M |
|
1462
Alerian MLP ETF
AMLP
$13.2B
| $4.1M | 0.01% |
65,016
-103,952
| -62% | -$6.42M |
|
1463
Cavco Industries
CVCO
$4.52B
| $4.09M | 0.01% |
40,956
+18,061
| +79% | +$1.74M |
|
1464
PUT
Axalta
AXTA
$7.79B
| $4.08M | 0.01% |
+150,000
| New | +$3.95M |
|
1465
iShares Russell 2000 ETF
IWM
$81.7B
| $4.07M | 0.01% |
30,170
+19,670
| +187% | +$2.51M |
|
1466
Citigroup
C
$224B
| $4.06M | 0.01% |
68,304
-172,546
| -72% | -$9.31M |
|
|
AXE
1467
DELISTED
Anixter International Inc
AXE
| $4.05M | 0.01% |
49,928
+42,994
| +620% | +$3.11M |
|
|
DDC
1468
DELISTED
Dominion Diamond Corporation
DDC
| $4.04M | 0.01% |
417,548
+128,934
| +45% | +$1.18M |
|
|
HTBK
1469
DELISTED
Heritage Commerce
HTBK
| $4.04M | 0.01% |
280,014
+162,976
| +139% | +$1.98M |
|
1470
Ironwood Pharmaceuticals
IRWD
$725M
| $4.04M | 0.01% |
315,341
-93,390
| -23% | -$1.18M |
|
1471
CALL
Home Depot
HD
$337B
| $4.02M | 0.01% |
30,000
-70,000
| -70% | -$9.02M |
|
1472
IDEX
IEX
$17B
| $4.02M | 0.01% |
44,591
+11,371
| +34% | +$1.03M |
|
|
CDK
1473
DELISTED
CDK Global, Inc.
CDK
| $4.01M | 0.01% |
67,236
-440,344
| -87% | -$25.2M |
|
1474
LivaNova
LIVN
$4.37B
| $4.01M | 0.01% |
89,206
-67,292
| -43% | -$3.31M |
|
|
LGF.A
1475
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $4M | 0.01% |
+148,833
| New | +$4.03M |
|
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.