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 | |
|---|---|---|---|---|---|---|
|
FCE.A
1701
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $2.71M | 0.01% |
129,861
+32,492
| +33% | +$658K |
|
|
MSCC
1702
CALL
DELISTED
Microsemi Corp
MSCC
| $2.7M | 0.01% |
+50,000
| New | +$2.44M |
|
|
MSCC
1703
PUT
DELISTED
Microsemi Corp
MSCC
| $2.7M | 0.01% |
+50,000
| New | +$2.44M |
|
1704
Marcus Corp
MCS
$913M
| $2.7M | 0.01% |
85,653
+47,549
| +125% | +$1.34M |
|
1705
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $2.68M | 0.01% |
80,990
+16,125
| +25% | +$511K |
|
1706
Hawaiian Electric Industries
HE
$1.98B
| $2.68M | 0.01% |
80,963
+3,998
| +5% | +$122K |
|
|
PRSU
1707
Pursuit Attractions and Hospitality Inc
PRSU
$1.36B
| $2.67M | 0.01% |
60,481
+21,762
| +56% | +$900K |
|
|
CZR
1708
DELISTED
Caesars Entertainment Corporation
CZR
| $2.66M | 0.01% |
313,179
-7,081
| -2% | -$53.1K |
|
1709
Methanex
MEOH
$4.4B
| $2.66M | 0.01% |
+60,678
| New | +$2.42M |
|
1710
Waterstone Financial
WSBF
$378M
| $2.66M | 0.01% |
144,340
-7,310
| -5% | -$129K |
|
|
SHOR
1711
DELISTED
ShoreTel, Inc.
SHOR
| $2.65M | 0.01% |
371,136
-413,122
| -53% | -$2.96M |
|
1712
Hovnanian Enterprises
HOV
$752M
| $2.65M | 0.01% |
38,842
+38,276
| +6,763% | +$1.91M |
|
|
IPXL
1713
DELISTED
Impax Laboratories, Inc.
IPXL
| $2.65M | 0.01% |
200,015
+150,015
| +300% | +$2.56M |
|
|
WPX
1714
DELISTED
WPX Energy, Inc.
WPX
| $2.65M | 0.01% |
181,740
-5,395,098
| -97% | -$71.4M |
|
|
VAL
1715
PUT
DELISTED
Valspar
VAL
| $2.64M | 0.01% |
+25,500
| New | +$2.63M |
|
|
MSFG
1716
DELISTED
MainSource Financial Group Inc
MSFG
| $2.64M | 0.01% |
76,736
+56,482
| +279% | +$1.63M |
|
1717
TIM SA
TIMB
$8.64B
| $2.63M | 0.01% |
223,044
-328,544
| -60% | -$4.11M |
|
|
BRSS
1718
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $2.63M | 0.01% |
76,693
-52,569
| -41% | -$1.59M |
|
|
CEMP
1719
DELISTED
Cempra, Inc.
CEMP
| $2.63M | 0.01% |
+937,580
| New | +$11.4M |
|
|
RYZ
1720
Ryerson Holding Corp
RYZ
$1.31B
| $2.62M | 0.01% |
196,239
+159,060
| +428% | +$1.95M |
|
|
KRA
1721
DELISTED
Kraton Corporation
KRA
| $2.62M | 0.01% |
91,965
+59,150
| +180% | +$1.82M |
|
|
LMNX
1722
DELISTED
Luminex Corp
LMNX
| $2.62M | 0.01% |
129,242
+17,000
| +15% | +$354K |
|
|
GTLS
1723
DELISTED
Chart Industries
GTLS
| $2.61M | 0.01% |
72,508
+7,137
| +11% | +$243K |
|
1724
Malibu Boats
MBUU
$523M
| $2.61M | 0.01% |
136,905
-36,346
| -21% | -$612K |
|
|
NSA
1725
DELISTED
National Storage Affiliates Trust
NSA
| $2.61M | 0.01% |
118,288
+85,410
| +260% | +$1.73M |
|
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.