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 | |
|---|---|---|---|---|---|---|
|
JNPR
176
DELISTED
Juniper Networks
JNPR
| $68.9M | 0.14% |
2,436,448
+1,489,816
| +157% | +$38.8M |
|
177
Kroger
KR
$35.5B
| $68.5M | 0.14% |
1,985,117
-648,630
| -25% | -$21.2M |
|
178
PTC
PTC
$16.8B
| $68.5M | 0.14% |
1,479,763
-117,830
| -7% | -$5.51M |
|
179
Synchrony
SYF
$25.9B
| $67.4M | 0.14% |
1,858,590
-2,253,677
| -55% | -$71.9M |
|
180
Hilton Worldwide
HLT
$73.5B
| $67.2M | 0.14% |
823,773
+641,803
| +353% | +$47.2M |
|
181
TSMC
TSM
$2.17T
| $66.6M | 0.14% |
+2,314,867
| New | +$69.7M |
|
182
Southwest Airlines
LUV
$19.8B
| $66.4M | 0.14% |
1,332,802
-770,168
| -37% | -$34.5M |
|
183
Chord Energy
CHRD
$8.09B
| $65.8M | 0.14% |
4,342,837
-1,781,176
| -29% | -$23.1M |
|
184
CALL
BP
BP
$115B
| $65.6M | 0.14% |
2,048,821
-569,319
| -22% | -$17.1M |
|
185
Dell
DELL
$286B
| $65.5M | 0.14% |
4,242,548
+1,290,968
| +44% | +$18.5M |
|
|
LPT
186
DELISTED
Liberty Property Trust
LPT
| $65.4M | 0.14% |
1,655,490
+1,227,964
| +287% | +$48.1M |
|
187
Bio-Rad Laboratories Class A
BIO
$10.2B
| $65.4M | 0.14% |
358,623
+25,438
| +8% | +$4.34M |
|
|
WFM
188
DELISTED
Whole Foods Market Inc
WFM
| $65.4M | 0.14% |
2,124,891
+1,709,383
| +411% | +$51.4M |
|
189
Rockwell Automation
ROK
$48.5B
| $65.2M | 0.14% |
485,486
+441,440
| +1,002% | +$56.4M |
|
|
TWX
190
DELISTED
Time Warner Inc
TWX
| $65.1M | 0.14% |
674,864
-150,278
| -18% | -$13.4M |
|
|
SWFT
191
DELISTED
Swift Transportation Company
SWFT
| $65M | 0.14% |
2,667,697
-155,886
| -6% | -$3.64M |
|
|
GGP
192
DELISTED
GGP Inc.
GGP
| $64.6M | 0.14% |
2,584,791
+1,636,983
| +173% | +$41.9M |
|
193
General Motors
GM
$77.2B
| $64M | 0.13% |
1,837,838
+1,106,071
| +151% | +$37.2M |
|
|
XYZ
194
Block Inc
XYZ
$49.4B
| $63.7M | 0.13% |
4,673,764
+4,214,255
| +917% | +$52.5M |
|
195
Cheniere Energy
LNG
$57.3B
| $63.5M | 0.13% |
1,532,631
+988,659
| +182% | +$39.9M |
|
196
Universal Health Services
UHS
$10.4B
| $63.5M | 0.13% |
+596,855
| New | +$70.7M |
|
197
Simon Property Group
SPG
$70.6B
| $63.4M | 0.13% |
356,630
+352,187
| +7,927% | +$65.4M |
|
198
Johnson Controls International
JCI
$86.7B
| $63.1M | 0.13% |
1,531,363
-540,606
| -26% | -$23.7M |
|
|
KSU
199
DELISTED
Kansas City Southern
KSU
| $62.8M | 0.13% |
739,725
-266,532
| -26% | -$23.5M |
|
200
Tractor Supply
TSCO
$18.2B
| $62.7M | 0.13% |
4,137,515
+3,399,495
| +461% | +$48.3M |
|
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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.