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 | |
|---|---|---|---|---|---|---|
2101
PUT
Darden Restaurants
DRI
$24.2B
| $1.28M | ﹤0.01% |
+17,600
| New | +$1.22M |
|
2102
iShares US Transportation ETF
IYT
$2.26B
| $1.28M | ﹤0.01% |
31,388
-4,304
| -12% | -$167K |
|
|
RENX
2103
DELISTED
RELX N.V.
RENX
| $1.27M | ﹤0.01% |
75,939
-5,564
| -7% | -$91.2K |
|
2104
Bright Horizons
BFAM
$3.63B
| $1.27M | ﹤0.01% |
18,171
-58,618
| -76% | -$3.99M |
|
2105
Usana Health Sciences
USNA
$252M
| $1.27M | ﹤0.01% |
20,749
-90,711
| -81% | -$5.91M |
|
2106
WisdomTree
WT
$3.83B
| $1.27M | ﹤0.01% |
+114,035
| New | +$1.19M |
|
2107
Future Fuel
FF
$232M
| $1.26M | ﹤0.01% |
90,885
+6,832
| +8% | +$88.4K |
|
2108
CALL
PVH
PVH
$3.54B
| $1.26M | ﹤0.01% |
+14,000
| New | +$1.47M |
|
2109
Community Health Systems
CYH
$412M
| $1.26M | ﹤0.01% |
225,720
-721,586
| -76% | -$5.01M |
|
|
ENBL
2110
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $1.25M | ﹤0.01% |
79,650
+56,913
| +250% | +$884K |
|
2111
GDS Holdings
GDS
$6.87B
| $1.25M | ﹤0.01% |
+145,505
| New | +$1.38M |
|
|
NSU
2112
DELISTED
Nevsun Resources Ltd.
NSU
| $1.25M | ﹤0.01% |
404,930
+311,087
| +331% | +$942K |
|
|
ASCMA
2113
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $1.25M | ﹤0.01% |
76,825
+31,414
| +69% | +$621K |
|
|
AAC
2114
DELISTED
AAC Holdings
AAC
| $1.25M | ﹤0.01% |
172,047
-75,618
| -31% | -$865K |
|
2115
Central Garden & Pet Co
CENT
$2.73B
| $1.24M | ﹤0.01% |
46,926
-72,438
| -61% | -$1.65M |
|
2116
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.42B
| $1.24M | ﹤0.01% |
15,554
-17,408
| -53% | -$1.4M |
|
2117
State Street SPDR Dow Jones REIT ETF
RWR
$1.86B
| $1.24M | ﹤0.01% |
+13,300
| New | +$1.22M |
|
2118
Lindsay Corp
LNN
$1.14B
| $1.24M | ﹤0.01% |
+16,637
| New | +$1.32M |
|
|
SCWX
2119
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.24M | ﹤0.01% |
117,066
+104,486
| +831% | +$1.23M |
|
2120
First Financial Bankshares
FFIN
$4.71B
| $1.24M | ﹤0.01% |
+54,820
| New | +$1.13M |
|
|
INST
2121
DELISTED
Instructure, Inc.
INST
| $1.24M | ﹤0.01% |
63,154
-19,687
| -24% | -$422K |
|
2122
Constellium
CSTM
$3.7B
| $1.23M | ﹤0.01% |
209,212
+186,011
| +802% | +$1.14M |
|
|
GLBL
2123
DELISTED
TerraForm Global, Inc. Class A Common Stock
GLBL
| $1.23M | ﹤0.01% |
+312,367
| New | +$1.21M |
|
|
GMS
2124
DELISTED
GMS Inc
GMS
| $1.23M | ﹤0.01% |
+41,964
| New | +$1.02M |
|
2125
Nuveen Floating Rate Income Fund
JFR
$1.22B
| $1.22M | ﹤0.01% |
104,774
+94,412
| +911% | +$1.06M |
|
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.