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 | |
|---|---|---|---|---|---|---|
2076
First Citizens BancShares
FCNCA
$24.3B
| $1.36M | ﹤0.01% |
+3,824
| New | +$1.25M |
|
2077
Liberty Latin America Class C
LILAK
$1.65B
| $1.36M | ﹤0.01% |
74,859
+45,884
| +158% | +$920K |
|
|
PDLI
2078
DELISTED
PDL BioPharma, Inc.
PDLI
| $1.35M | ﹤0.01% |
639,170
+378,581
| +145% | +$1.06M |
|
2079
Valmont Industries
VMI
$9.22B
| $1.35M | ﹤0.01% |
+9,578
| New | +$1.33M |
|
|
EDE
2080
DELISTED
Empire District Electric
EDE
| $1.35M | ﹤0.01% |
39,593
+29,171
| +280% | +$998K |
|
|
MTSC
2081
DELISTED
MTS Systems Corp
MTSC
| $1.34M | ﹤0.01% |
23,718
-67,423
| -74% | -$3.43M |
|
2082
Farmers National Banc Corp
FMNB
$915M
| $1.34M | ﹤0.01% |
94,513
+44,955
| +91% | +$544K |
|
2083
Amplify Energy
AMPY
$189M
| $1.33M | ﹤0.01% |
+64,297
| New | +$1.27M |
|
2084
PUT
VanEck Oil Services ETF
OIH
$1.93B
| $1.33M | ﹤0.01% |
2,000
-8,000
| -80% | -$4.98M |
|
2085
Calix
CALX
$2.37B
| $1.33M | ﹤0.01% |
173,026
-5,238
| -3% | -$38.1K |
|
2086
Standard Motor Products
SMP
$816M
| $1.33M | ﹤0.01% |
25,012
+13,258
| +113% | +$664K |
|
2087
MannKind Corp
MNKD
$1.32B
| $1.33M | ﹤0.01% |
417,758
+413,079
| +8,828% | +$1.19M |
|
|
WCG
2088
DELISTED
Wellcare Health Plans, Inc.
WCG
| $1.32M | ﹤0.01% |
9,660
-72,859
| -88% | -$9.28M |
|
2089
W.R. Berkley
WRB
$25.1B
| $1.32M | ﹤0.01% |
+67,146
| New | +$1.21M |
|
|
SJI
2090
DELISTED
South Jersey Industries, Inc.
SJI
| $1.32M | ﹤0.01% |
+39,224
| New | +$1.22M |
|
2091
Sterling Infrastructure
STRL
$15.3B
| $1.32M | ﹤0.01% |
155,865
+123,920
| +388% | +$992K |
|
|
LN
2092
DELISTED
LINE Corporation
LN
| $1.32M | ﹤0.01% |
+38,713
| New | +$1.54M |
|
2093
Mistras Group
MG
$595M
| $1.31M | ﹤0.01% |
51,158
-84,370
| -62% | -$1.92M |
|
2094
WSFS Financial
WSFS
$3.96B
| $1.31M | ﹤0.01% |
28,320
-99,395
| -78% | -$4M |
|
2095
PUT
GoPro
GPRO
$113M
| $1.31M | ﹤0.01% |
+150,000
| New | +$1.72M |
|
|
MITT
2096
TPG Mortgage Investment Trust
MITT
$212M
| $1.3M | ﹤0.01% |
25,368
+7,693
| +44% | +$381K |
|
2097
Pultegroup
PHM
$24.4B
| $1.29M | ﹤0.01% |
70,453
+42,811
| +155% | +$813K |
|
|
OSG
2098
DELISTED
Overseas Shipholding Group Inc.
OSG
| $1.29M | ﹤0.01% |
+337,616
| New | +$2.46M |
|
2099
Haverty Furniture Companies
HVT
$424M
| $1.29M | ﹤0.01% |
54,335
-37,987
| -41% | -$795K |
|
|
MNR
2100
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.29M | ﹤0.01% |
84,426
-89,653
| -52% | -$1.24M |
|
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 $7.71B 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.