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 | |
|---|---|---|---|---|---|---|
1776
State Street Materials Select Sector SPDR ETF
XLB
$8.82B
| $2.58M | ﹤0.01% |
108,250
-274,654
| -72% | -$6.61M |
|
1777
Malibu Boats
MBUU
$566M
| $2.58M | ﹤0.01% |
173,251
+127,735
| +281% | +$1.75M |
|
1778
Wingstop
WING
$3B
| $2.58M | ﹤0.01% |
+88,095
| New | +$2.55M |
|
1779
Cimpress
CMPR
$2.17B
| $2.58M | ﹤0.01% |
25,500
| – | – |
|
1780
Harmony Gold Mining
HMY
$13.1B
| $2.58M | ﹤0.01% |
738,913
+692,273
| +1,484% | +$2.82M |
|
1781
Chunghwa Telecom
CHT
$33.3B
| $2.58M | ﹤0.01% |
73,606
+53,387
| +264% | +$1.94M |
|
1782
Waterstone Financial
WSBF
$379M
| $2.58M | ﹤0.01% |
151,650
+103,898
| +218% | +$1.7M |
|
1783
Enterprise Financial Services Corp
EFSC
$2.3B
| $2.58M | ﹤0.01% |
82,437
+6,253
| +8% | +$185K |
|
1784
Franco-Nevada
FNV
$52.3B
| $2.57M | ﹤0.01% |
+36,804
| New | +$2.76M |
|
1785
Deluxe
DLX
$1.08B
| $2.57M | ﹤0.01% |
38,396
-27,666
| -42% | -$1.88M |
|
|
ISBC
1786
DELISTED
Investors Bancorp, Inc.
ISBC
| $2.57M | ﹤0.01% |
213,664
-540,116
| -72% | -$6.27M |
|
1787
Ezcorp Inc
EZPW
$2.11B
| $2.56M | ﹤0.01% |
231,535
+167,086
| +259% | +$1.61M |
|
1788
CALL
Exelixis
EXEL
$13.7B
| $2.56M | ﹤0.01% |
+200,000
| New | +$2.16M |
|
1789
Ameris Bancorp
ABCB
$5.73B
| $2.55M | ﹤0.01% |
73,060
+11,384
| +18% | +$379K |
|
|
LMNX
1790
DELISTED
Luminex Corp
LMNX
| $2.55M | ﹤0.01% |
112,242
-327,327
| -74% | -$7.12M |
|
1791
CALL
Boise Cascade
BCC
$2.75B
| $2.54M | ﹤0.01% |
+100,000
| New | +$2.57M |
|
|
FLIC
1792
DELISTED
First of Long Island Corp
FLIC
| $2.54M | ﹤0.01% |
114,921
-17,033
| -13% | -$355K |
|
1793
Tapestry
TPR
$24.6B
| $2.54M | ﹤0.01% |
+69,473
| New | +$2.75M |
|
1794
iShares National Muni Bond ETF
MUB
$45.5B
| $2.54M | ﹤0.01% |
22,518
+1,858
| +9% | +$211K |
|
1795
CALL
Cencora
COR
$61.3B
| $2.54M | ﹤0.01% |
31,400
-18,600
| -37% | -$1.59M |
|
1796
Barnes & Noble Education
BNED
$424M
| $2.53M | ﹤0.01% |
2,646
+151
| +6% | +$167K |
|
1797
CALL
Neurocrine Biosciences
NBIX
$15.8B
| $2.53M | ﹤0.01% |
50,000
| – | – |
|
|
ELOS
1798
DELISTED
Syneron Medical Ltd
ELOS
| $2.53M | ﹤0.01% |
353,375
+59,763
| +20% | +$416K |
|
|
RESI
1799
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $2.53M | ﹤0.01% |
+232,152
| New | +$2.34M |
|
1800
Ameriprise Financial
AMP
$49.1B
| $2.53M | ﹤0.01% |
25,323
-12
| -0% | -$1.16K |
|
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.