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 | |
|---|---|---|---|---|---|---|
|
MZTI
2126
The Marzetti Company
MZTI
$3.01B
| $1.22M | ﹤0.01% |
8,642
+2,876
| +50% | +$389K |
|
2127
GSI Technology
GSIT
$230M
| $1.22M | ﹤0.01% |
196,900
-494,148
| -72% | -$2.66M |
|
2128
Home BancShares
HOMB
$5.92B
| $1.22M | ﹤0.01% |
+43,930
| New | +$1.07M |
|
|
SRNE
2129
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $1.22M | ﹤0.01% |
+248,685
| New | +$1.49M |
|
2130
Alarm.com
ALRM
$2.81B
| $1.22M | ﹤0.01% |
43,718
+33,478
| +327% | +$972K |
|
2131
Crawford & Co Class B
CRD.B
$552M
| $1.22M | ﹤0.01% |
96,700
-14,203
| -13% | -$176K |
|
2132
Goldgroup Mining
GORO
$507M
| $1.22M | ﹤0.01% |
+279,250
| New | +$1.38M |
|
2133
iShares US Telecommunications ETF
IYZ
$1.29B
| $1.21M | ﹤0.01% |
35,195
+7,972
| +29% | +$257K |
|
2134
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.7B
| $1.21M | ﹤0.01% |
23,197
+15,885
| +217% | +$843K |
|
2135
EPR Properties
EPR
$4.55B
| $1.21M | ﹤0.01% |
16,891
-79,594
| -82% | -$5.69M |
|
2136
Forrester Research
FORR
$234M
| $1.21M | ﹤0.01% |
28,143
-30,845
| -52% | -$1.23M |
|
2137
International Bancshares
IBOC
$4.35B
| $1.21M | ﹤0.01% |
+29,634
| New | +$1.06M |
|
|
TMH
2138
CALL
DELISTED
Team Health Holdings Inc
TMH
| $1.21M | ﹤0.01% |
+27,800
| New | +$1.15M |
|
2139
Bar Harbor Bankshares
BHB
$653M
| $1.21M | ﹤0.01% |
+38,256
| New | +$1.06M |
|
2140
Middlesex Water
MSEX
$1.09B
| $1.21M | ﹤0.01% |
+28,106
| New | +$1.08M |
|
|
HTB
2141
HomeTrust Bancshares
HTB
$764M
| $1.2M | ﹤0.01% |
+46,379
| New | +$1.01M |
|
|
CLLS
2142
Cellectis
CLLS
$354M
| $1.2M | ﹤0.01% |
70,703
-111,332
| -61% | -$2.06M |
|
|
DX
2143
Dynex Capital
DX
$3.2B
| $1.2M | ﹤0.01% |
58,570
+31,100
| +113% | +$642K |
|
|
CYBE
2144
DELISTED
Cyberoptics Corp
CYBE
| $1.2M | ﹤0.01% |
+45,812
| New | +$1.2M |
|
|
CBM
2145
DELISTED
Cambrex Corporation
CBM
| $1.19M | ﹤0.01% |
+22,118
| New | +$1.06M |
|
|
VXZ
2146
DELISTED
iPath S&P 500 VIX Mid-Term Futures ETN due 1/30/2019
VXZ
| $1.19M | ﹤0.01% |
34,221
-5,880
| -15% | -$211K |
|
|
TNGO
2147
DELISTED
Tangoe, Inc.
TNGO
| $1.19M | ﹤0.01% |
151,428
-49,383
| -25% | -$407K |
|
2148
Heritage Financial
HFWA
$1.17B
| $1.19M | ﹤0.01% |
46,262
-8,668
| -16% | -$185K |
|
|
SUM
2149
PUT
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $1.19M | ﹤0.01% |
51,562
-131,070
| -72% | -$2.75M |
|
2150
Orion
OEC
$353M
| $1.19M | ﹤0.01% |
63,084
+3,954
| +7% | +$75.4K |
|
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.