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 | |
|---|---|---|---|---|---|---|
|
SPWR
1651
DELISTED
SunPower Corporation Common Stock
SPWR
| $2.97M | 0.01% |
685,588
+611,900
| +830% | +$2.99M |
|
|
CAB
1652
CALL
DELISTED
Cabela's Inc
CAB
| $2.97M | 0.01% |
50,700
+45,700
| +914% | +$2.84M |
|
|
TSE
1653
PUT
DELISTED
Trinseo
TSE
| $2.96M | 0.01% |
+50,000
| New | +$2.8M |
|
1654
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $2.96M | 0.01% |
+35,684
| New | +$3.03M |
|
1655
Huron Consulting
HURN
$2.49B
| $2.95M | 0.01% |
58,311
+38,536
| +195% | +$2.06M |
|
1656
Hercules Capital
HTGC
$3.3B
| $2.93M | 0.01% |
207,626
-21,106
| -9% | -$287K |
|
|
RRD
1657
DELISTED
RR Donnelley & Sons Co.
RRD
| $2.93M | 0.01% |
179,283
-14,388
| -7% | -$258K |
|
1658
Western Midstream Partners
WES
$20.1B
| $2.92M | 0.01% |
68,916
-36,286
| -34% | -$1.56M |
|
1659
AtriCure
ATRC
$2.45B
| $2.91M | 0.01% |
148,731
-421,965
| -74% | -$7.65M |
|
|
LVNTA
1660
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $2.9M | 0.01% |
78,775
-167,624
| -68% | -$6.59M |
|
|
DISH
1661
CALL
DELISTED
DISH Network Corp.
DISH
| $2.9M | 0.01% |
+50,000
| New | +$2.86M |
|
|
CVRR
1662
DELISTED
CVR Refining, LP
CVRR
| $2.9M | 0.01% |
278,370
+223,370
| +406% | +$1.95M |
|
|
PGNX
1663
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $2.89M | 0.01% |
334,670
-2,079,038
| -86% | -$15.4M |
|
|
HIND
1664
Vyome Holdings
HIND
$15.2M
| – | – |
0
| – | – |
|
1665
Washington Trust Bancorp
WASH
$758M
| $2.86M | 0.01% |
+51,015
| New | +$2.5M |
|
|
CMRX
1666
DELISTED
Chimerix, Inc.
CMRX
| $2.85M | 0.01% |
620,414
+374,347
| +152% | +$1.77M |
|
1667
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.84B
| $2.85M | 0.01% |
99,332
+84,364
| +564% | +$2.31M |
|
1668
Southwest Gas
SWX
$6.56B
| $2.85M | 0.01% |
37,172
-163,542
| -81% | -$11.8M |
|
1669
Fabrinet
FN
$15.7B
| $2.84M | 0.01% |
70,524
+42,716
| +154% | +$1.78M |
|
1670
iShares Select Dividend ETF
DVY
$24B
| $2.84M | 0.01% |
32,063
+20,536
| +178% | +$1.77M |
|
1671
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $2.83M | 0.01% |
120,691
-222,415
| -65% | -$5.51M |
|
1672
AGNC Investment
AGNC
$12.8B
| $2.83M | 0.01% |
+155,901
| New | +$2.95M |
|
1673
CALL
Centene
CNC
$32.3B
| $2.83M | 0.01% |
+100,000
| New | +$2.95M |
|
1674
Banco Santander Chile
BSAC
$16.6B
| $2.82M | 0.01% |
+128,902
| New | +$2.82M |
|
|
WBMD
1675
DELISTED
WebMD Health Corp.
WBMD
| $2.82M | 0.01% |
56,854
-476,748
| -89% | -$24.6M |
|
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.