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 | |
|---|---|---|---|---|---|---|
1801
PhenixFIN
PFX
$102M
| $2.26M | ﹤0.01% |
15,028
+6,800
| +83% | +$1.04M |
|
|
DNB
1802
DELISTED
Dun & Bradstreet
DNB
| $2.26M | ﹤0.01% |
18,597
+12,888
| +226% | +$1.59M |
|
1803
Expro Ltd
XPRO
$1.97B
| $2.25M | ﹤0.01% |
30,519
-29,055
| -49% | -$2.13M |
|
1804
CRA International
CRAI
$1.07B
| $2.25M | ﹤0.01% |
61,462
+46,107
| +300% | +$1.45M |
|
1805
CALL
Community Health Systems
CYH
$412M
| $2.24M | ﹤0.01% |
400,000
+345,000
| +627% | +$2.39M |
|
1806
Ezcorp Inc
EZPW
$2.08B
| $2.23M | ﹤0.01% |
209,906
-21,629
| -9% | -$233K |
|
1807
James River Group Holdings
JRVR
$191M
| $2.23M | ﹤0.01% |
53,650
+45,154
| +531% | +$1.75M |
|
1808
Seres Therapeutics
MCRB
$47.8M
| $2.23M | ﹤0.01% |
+11,246
| New | +$2.45M |
|
1809
Modine Manufacturing
MOD
$9.95B
| $2.23M | ﹤0.01% |
149,466
-84,538
| -36% | -$1.06M |
|
1810
Vanguard Morningstar Value ETF
VTV
$194B
| $2.23M | ﹤0.01% |
23,930
+21,601
| +927% | +$1.93M |
|
|
SIGM
1811
DELISTED
Sigma Designs Inc
SIGM
| $2.23M | ﹤0.01% |
370,929
-112,896
| -23% | -$812K |
|
1812
Motorcar Parts of America
MPAA
$217M
| $2.22M | ﹤0.01% |
82,605
+61,327
| +288% | +$1.62M |
|
1813
Ducommun
DCO
$2.8B
| $2.22M | ﹤0.01% |
86,793
-11,591
| -12% | -$282K |
|
1814
Workiva
WK
$4.05B
| $2.22M | ﹤0.01% |
162,440
+47,235
| +41% | +$724K |
|
1815
PUT
Marriott International
MAR
$93.5B
| $2.21M | ﹤0.01% |
33,000
+8,000
| +32% | +$602K |
|
1816
Enpro
NPO
$6.54B
| $2.21M | ﹤0.01% |
32,866
+7,627
| +30% | +$458K |
|
|
TEI
1817
Templeton Emerging Markets Income Fund
TEI
$322M
| $2.21M | ﹤0.01% |
+202,765
| New | +$2.17M |
|
|
KMG
1818
DELISTED
KMG Chemicals Inc
KMG
| $2.21M | ﹤0.01% |
56,813
-23,913
| -30% | -$763K |
|
1819
Herc Holdings
HRI
$5.22B
| $2.2M | ﹤0.01% |
54,697
+38,094
| +229% | +$1.37M |
|
1820
PUT
Alibaba
BABA
$287B
| $2.19M | ﹤0.01% |
25,000
| – | – |
|
1821
Old Dominion Freight Line
ODFL
$41.4B
| $2.18M | ﹤0.01% |
+76,380
| New | +$2.05M |
|
|
MBT
1822
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $2.18M | ﹤0.01% |
239,437
-276,547
| -54% | -$2.23M |
|
1823
Ceco Environmental
CECO
$4.12B
| $2.18M | ﹤0.01% |
156,059
-155,096
| -50% | -$1.89M |
|
1824
Telus
TU
$15.3B
| $2.18M | ﹤0.01% |
136,716
-31,688
| -19% | -$505K |
|
1825
Vanguard Morningstar Growth ETF
VUG
$225B
| $2.18M | ﹤0.01% |
117,192
-38,532
| -25% | -$713K |
|
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.