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 | |
|---|---|---|---|---|---|---|
1476
PUT
Cameco
CCJ
$47B
| $4.01M | 0.01% |
469,000
| – | – |
|
|
SPNE
1477
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $4.01M | 0.01% |
396,923
-195,064
| -33% | -$2.02M |
|
1478
State Street SPDR S&P Bank ETF
KBE
$1.7B
| $4.01M | 0.01% |
120,025
+57,454
| +92% | +$1.87M |
|
|
IL
1479
DELISTED
IntraLinks Holdings Inc.
IL
| $4M | 0.01% |
398,065
-27,814
| -7% | -$236K |
|
|
YELL
1480
DELISTED
Yellow Corporation Common Stock
YELL
| $4M | 0.01% |
325,076
+173,076
| +114% | +$1.93M |
|
1481
ASE Group
ASX
$96.8B
| $3.99M | 0.01% |
675,856
+99,735
| +17% | +$587K |
|
|
CSFL
1482
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $3.99M | 0.01% |
224,954
+117,219
| +109% | +$2.01M |
|
1483
RLJ Lodging Trust
RLJ
$1.75B
| $3.98M | 0.01% |
+189,429
| New | +$4.3M |
|
1484
Vanguard Total Bond Market
BND
$162B
| $3.98M | 0.01% |
47,258
+12,357
| +35% | +$1.04M |
|
1485
Sixth Street Specialty
TSLX
$1.8B
| $3.97M | 0.01% |
219,168
+65,435
| +43% | +$1.17M |
|
1486
Booking.com
BKNG
$158B
| $3.97M | 0.01% |
+67,400
| New | +$3.76M |
|
1487
John B. Sanfilippo & Son
JBSS
$888M
| $3.96M | 0.01% |
77,116
-45,001
| -37% | -$2.16M |
|
1488
Mitsubishi UFJ Financial
MUFG
$253B
| $3.95M | 0.01% |
783,023
+614,523
| +365% | +$3.1M |
|
1489
Ardelyx
ARDX
$1B
| $3.95M | 0.01% |
+305,246
| New | +$3.2M |
|
1490
Graco
GGG
$12.9B
| $3.95M | 0.01% |
+160,038
| New | +$4M |
|
1491
NMI Holdings
NMIH
$3.38B
| $3.94M | 0.01% |
517,380
+100,567
| +24% | +$704K |
|
|
CARB
1492
DELISTED
Carbonite Inc
CARB
| $3.94M | 0.01% |
256,671
+151,287
| +144% | +$1.92M |
|
|
SAND
1493
DELISTED
Sandstorm Gold
SAND
| $3.94M | 0.01% |
783,437
+761,227
| +3,427% | +$4.27M |
|
|
MBT
1494
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $3.94M | 0.01% |
515,984
+146,941
| +40% | +$1.24M |
|
1495
Spire
SR
$4.96B
| $3.93M | 0.01% |
61,655
+41,818
| +211% | +$2.8M |
|
|
DVAX
1496
DELISTED
Dynavax Technologies
DVAX
| $3.93M | 0.01% |
374,488
+289,982
| +343% | +$4.17M |
|
1497
CALL
Methanex
MEOH
$4.4B
| $3.92M | 0.01% |
+110,000
| New | +$3.24M |
|
1498
CALL
Bank of America
BAC
$436B
| $3.91M | 0.01% |
250,000
-250,000
| -50% | -$3.72M |
|
1499
PUT
Eli Lilly
LLY
$1.07T
| $3.89M | 0.01% |
+48,500
| New | +$3.88M |
|
|
HMSY
1500
DELISTED
HMS Holdings Corp.
HMSY
| $3.89M | 0.01% |
+175,489
| New | +$3.69M |
|
Similar funds
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.