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 | |
|---|---|---|---|---|---|---|
1601
PUT
iShares MSCI Brazil ETF
EWZ
$8.19B
| $3.37M | 0.01% |
+100,000
| New | +$3.31M |
|
|
HAWK
1602
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $3.35M | 0.01% |
+111,080
| New | +$3.68M |
|
|
BRSL
1603
Brightstar Lottery PLC
BRSL
$2.1B
| $3.33M | 0.01% |
136,531
+48,168
| +55% | +$1.06M |
|
1604
Regis Corp
RGS
$67M
| $3.31M | 0.01% |
13,202
+11,202
| +560% | +$2.94M |
|
1605
iShares Floating Rate Bond ETF
FLOT
$10.6B
| $3.31M | 0.01% |
+65,237
| New | +$3.31M |
|
|
SN
1606
DELISTED
Sanchez Energy Corporation
SN
| $3.31M | 0.01% |
374,263
+318,713
| +574% | +$2.45M |
|
|
CLC
1607
DELISTED
Clarcor
CLC
| $3.3M | 0.01% |
50,795
-61,486
| -55% | -$3.88M |
|
1608
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.78B
| $3.29M | 0.01% |
33,086
+12,255
| +59% | +$1.2M |
|
1609
GSI Technology
GSIT
$224M
| $3.27M | 0.01% |
691,048
-115,750
| -14% | -$549K |
|
1610
AES
AES
$10.5B
| $3.26M | 0.01% |
253,820
-683,853
| -73% | -$8.52M |
|
1611
Unum
UNM
$14.5B
| $3.26M | 0.01% |
92,332
-244,231
| -73% | -$8.26M |
|
|
NXGN
1612
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $3.25M | 0.01% |
+286,805
| New | +$3.44M |
|
|
SUM
1613
PUT
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $3.25M | 0.01% |
+182,632
| New | +$3.53M |
|
1614
Polaris
PII
$3.63B
| $3.25M | 0.01% |
41,900
+2,102
| +5% | +$183K |
|
|
FPO
1615
DELISTED
First Potomac Realty Trust
FPO
| $3.24M | 0.01% |
353,793
+133,143
| +60% | +$1.29M |
|
|
CYBR
1616
DELISTED
CyberArk
CYBR
| $3.23M | 0.01% |
65,237
+38,343
| +143% | +$2.04M |
|
1617
Sprouts Farmers Market
SFM
$8.1B
| $3.23M | 0.01% |
156,202
-183,211
| -54% | -$4.06M |
|
1618
Globe Life
GL
$13.5B
| $3.22M | 0.01% |
50,368
-191,940
| -79% | -$12.1M |
|
1619
Standard BioTools
LAB
$256M
| $3.21M | 0.01% |
401,390
+144,981
| +57% | +$1.33M |
|
1620
FIVE9
FIVN
$2.39B
| $3.21M | 0.01% |
204,545
+77,030
| +60% | +$1.05M |
|
1621
ICF International
ICFI
$1.6B
| $3.21M | 0.01% |
72,336
+43,722
| +153% | +$1.83M |
|
1622
Omega Healthcare
OHI
$14.2B
| $3.21M | 0.01% |
90,448
-161,982
| -64% | -$5.76M |
|
1623
KRONOS Worldwide
KRO
$1.01B
| $3.2M | 0.01% |
385,772
+281,952
| +272% | +$2M |
|
1624
SK Telecom
SKM
$15.3B
| $3.19M | 0.01% |
85,820
-102,607
| -54% | -$3.72M |
|
1625
Mistras Group
MG
$599M
| $3.18M | 0.01% |
135,528
+11,540
| +9% | +$282K |
|
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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.