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 | |
|---|---|---|---|---|---|---|
|
SNC
1601
DELISTED
State National Companies, Inc.
SNC
| $3.27M | 0.01% |
235,547
+105,490
| +81% | +$1.29M |
|
1602
Campbell Soup
CPB
$6.93B
| $3.26M | 0.01% |
+53,961
| New | +$3.02M |
|
1603
Oaktree Specialty Lending
OCSL
$1.15B
| $3.25M | 0.01% |
201,864
-49,378
| -20% | -$824K |
|
1604
Ameris Bancorp
ABCB
$5.76B
| $3.25M | 0.01% |
74,491
+1,431
| +2% | +$58.1K |
|
|
RRTS
1605
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $3.24M | 0.01% |
12,468
+2,594
| +26% | +$601K |
|
1606
Akebia Therapeutics
AKBA
$251M
| $3.24M | 0.01% |
310,888
+277,887
| +842% | +$2.39M |
|
1607
AptarGroup
ATR
$8.6B
| $3.23M | 0.01% |
+43,969
| New | +$3.27M |
|
1608
Rocket Pharmaceuticals
RCKT
$402M
| $3.22M | 0.01% |
131,820
+42,373
| +47% | +$1.21M |
|
1609
Powell Industries
POWL
$6.99B
| $3.21M | 0.01% |
246,768
+102,867
| +71% | +$1.36M |
|
1610
CALL
Illumina
ILMN
$34B
| $3.2M | 0.01% |
25,700
-56,540
| -69% | -$7.62M |
|
|
FRAN
1611
DELISTED
Francesca's Holdings Corporation
FRAN
| $3.2M | 0.01% |
14,794
-32,849
| -69% | -$6.83M |
|
1612
Brunswick
BC
$5.16B
| $3.2M | 0.01% |
58,673
-1,227,095
| -95% | -$60.8M |
|
1613
Perdoceo Education
PRDO
$2.09B
| $3.19M | 0.01% |
316,388
+226,772
| +253% | +$1.98M |
|
|
FLG
1614
PUT
Flagstar Bank National Association
FLG
$5.65B
| $3.18M | 0.01% |
+66,667
| New | +$3.05M |
|
1615
Enanta Pharmaceuticals
ENTA
$412M
| $3.17M | 0.01% |
94,774
-67,344
| -42% | -$1.93M |
|
1616
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $3.16M | 0.01% |
135,992
-58,904
| -30% | -$1.26M |
|
1617
Cardinal Health
CAH
$55.4B
| $3.15M | 0.01% |
43,750
-191,216
| -81% | -$13.8M |
|
1618
Magnite
MGNI
$3.35B
| $3.15M | 0.01% |
424,180
-103,894
| -20% | -$810K |
|
|
UBNK
1619
DELISTED
United Financial Bancorp, Inc.
UBNK
| $3.15M | 0.01% |
173,288
-26,284
| -13% | -$421K |
|
1620
Arcos Dorados Holdings
ARCO
$1.69B
| $3.14M | 0.01% |
598,087
+312,748
| +110% | +$1.78M |
|
|
ELME
1621
Elme Communities
ELME
$148M
| $3.14M | 0.01% |
96,084
-374,696
| -80% | -$11.4M |
|
|
BBG
1622
DELISTED
Bill Barrett Corp
BBG
| $3.14M | 0.01% |
449,420
-599,790
| -57% | -$3.83M |
|
1623
Pebblebrook Hotel Trust
PEB
$2.07B
| $3.14M | 0.01% |
105,470
+11,693
| +12% | +$324K |
|
1624
Lexicon Pharmaceuticals
LXRX
$1.03B
| $3.14M | 0.01% |
226,852
-233,098
| -51% | -$3.74M |
|
1625
First Trust Energy AlphaDEX Fund
FXN
$394M
| $3.13M | 0.01% |
+189,700
| New | +$2.98M |
|
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.