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 | Miscellaneous | 13.07% |
| 3 | Healthcare | 10.7% |
| 4 | Energy | 9.08% |
| 5 | Technology | 8.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GWPH
1551
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $3.65M | 0.01% |
+27,500
| New | +$2.63M |
|
1552
Amkor Technology
AMKR
$12.8B
| $3.65M | 0.01% |
+375,363
| New | +$3.01M |
|
|
MCHB
1553
Mechanics Bancorp
MCHB
$3.56B
| $3.65M | 0.01% |
145,508
+132,460
| +1,015% | +$3.12M |
|
|
SKX
1554
DELISTED
Skechers
SKX
| $3.64M | 0.01% |
158,967
-124,450
| -44% | -$3.17M |
|
1555
A10 Networks
ATEN
$1.94B
| $3.64M | 0.01% |
340,240
-76,157
| -18% | -$666K |
|
1556
iShares S&P 500 Growth ETF
IVW
$77.2B
| $3.63M | 0.01% |
119,300
+30,324
| +34% | +$919K |
|
1557
Clearwater Paper
CLW
$343M
| $3.63M | 0.01% |
56,090
-83,876
| -60% | -$5.3M |
|
|
HZNP
1558
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $3.63M | 0.01% |
+200,000
| New | +$3.91M |
|
|
ORBK
1559
DELISTED
Orbotech Ltd
ORBK
| $3.63M | 0.01% |
122,425
-16,308
| -12% | -$462K |
|
1560
Strategy Inc
MSTR
$55B
| $3.62M | 0.01% |
216,380
-288,960
| -57% | -$4.97M |
|
1561
PUT
Reliance Steel & Aluminium
RS
$19.9B
| $3.6M | 0.01% |
+50,000
| New | +$3.75M |
|
1562
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $3.59M | 0.01% |
29,178
-31,572
| -52% | -$3.89M |
|
|
ADPT
1563
DELISTED
Adeptus Health Inc
ADPT
| $3.59M | 0.01% |
+83,427
| New | +$3.76M |
|
|
EV
1564
DELISTED
Eaton Vance Corp.
EV
| $3.58M | 0.01% |
91,667
-73,696
| -45% | -$2.82M |
|
1565
United States Oil Fund
USO
$2.01B
| $3.56M | 0.01% |
40,774
+22,316
| +121% | +$1.87M |
|
1566
Regeneron Pharmaceuticals
REGN
$83.7B
| $3.56M | 0.01% |
8,865
-59,606
| -87% | -$23.9M |
|
1567
Rapid7
RPD
$917M
| $3.55M | 0.01% |
201,331
+150,011
| +292% | +$2.35M |
|
1568
Vanguard Long-Term Bond ETF
BLV
$5.77B
| $3.54M | 0.01% |
35,936
+8,604
| +31% | +$851K |
|
|
BID
1569
DELISTED
Sotheby's
BID
| $3.54M | 0.01% |
+93,048
| New | +$3.29M |
|
1570
SLR Investment Corp
SLRC
$685M
| $3.54M | 0.01% |
172,374
+48,377
| +39% | +$973K |
|
1571
Unifirst Corp
UNF
$5.15B
| $3.53M | 0.01% |
26,794
-42,067
| -61% | -$5.18M |
|
1572
Carpenter Technology
CRS
$24.2B
| $3.53M | 0.01% |
85,546
-139,514
| -62% | -$5.26M |
|
1573
OraSure Technologies
OSUR
$257M
| $3.53M | 0.01% |
442,870
+230,418
| +108% | +$1.71M |
|
1574
SouthState Bank Corp
SSB
$10.3B
| $3.53M | 0.01% |
47,030
-16,300
| -26% | -$1.19M |
|
1575
Daktronics
DAKT
$957M
| $3.53M | 0.01% |
+369,584
| New | +$2.94M |
|
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 $10.3B 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 Miscellaneous and Healthcare.
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.