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 |
Procter & Gamble
PG
|
+$6.23B |
| 2 |
Coty
COTY
|
+$1.43B |
| 3 |
Microsoft
MSFT
|
+$237M |
| 4 |
GXP
Great Plains Energy Incorporated
GXP
|
+$199M |
| 5 |
eBay
EBAY
|
+$198M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Charter Communications
CHTR
|
+$266M |
| 2 |
NextEra Energy
NEE
|
+$198M |
| 3 |
EMC
EMC CORPORATION
EMC
|
+$179M |
| 4 |
Exelon
EXC
|
+$150M |
| 5 |
Salesforce
CRM
|
+$150M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 17.22% |
| 2 | Healthcare | 10.7% |
| 3 | Energy | 9.08% |
| 4 | Technology | 8.88% |
| 5 | Financials | 8.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Costco
COST
$420B
| $63.1M | 0.11% |
+414,014
| New | +$66.9M |
|
202
Goodyear
GT
$1.72B
| $63M | 0.11% |
1,949,949
+1,862,435
| +2,128% | +$54.2M |
|
203
Yelp
YELP
$1.27B
| $62.8M | 0.11% |
1,504,980
+673,734
| +81% | +$23.6M |
|
204
Brunswick
BC
$5.24B
| $62.7M | 0.11% |
1,285,768
+382,710
| +42% | +$18.3M |
|
205
Marriott International
MAR
$92.9B
| $62.6M | 0.11% |
929,831
+556,878
| +149% | +$39.3M |
|
|
WCN
206
Waste Connections
WCN
$42.6B
| $61.2M | 0.1% |
1,228,310
-1,233,304
| -50% | -$62.2M |
|
207
Mattel
MAT
$4.15B
| $61.1M | 0.1% |
2,017,898
+120,845
| +6% | +$3.95M |
|
|
INXN
208
DELISTED
Interxion Holding N.V.
INXN
| $61M | 0.1% |
1,683,134
-514,421
| -23% | -$19.2M |
|
209
CALL
Intuitive Surgical
ISRG
$134B
| $60.9M | 0.1% |
+756,000
| New | +$57.9M |
|
210
Hormel Foods
HRL
$13.1B
| $60.8M | 0.1% |
1,602,638
+60,420
| +4% | +$2.24M |
|
|
CHK
211
DELISTED
Chesapeake Energy Corporation
CHK
| $60.8M | 0.1% |
48,472
+47,337
| +4,171% | +$54.6M |
|
|
ANDV
212
DELISTED
Andeavor
ANDV
| $60.7M | 0.1% |
763,225
+291,973
| +62% | +$22.5M |
|
|
SWFT
213
DELISTED
Swift Transportation Company
SWFT
| $60.6M | 0.1% |
2,823,583
+577,284
| +26% | +$11M |
|
|
214
NextEra Energy
NEE
$174B
| $60.3M | 0.1% |
1,971,644
-6,282,876
| -76% | -$198M |
|
215
Huntsman Corp
HUN
$1.75B
| $60M | 0.1% |
3,688,259
+1,221,443
| +50% | +$19.3M |
|
216
Citizens Financial Group
CFG
$29.4B
| $59.6M | 0.1% |
2,411,256
-366,406
| -13% | -$8.42M |
|
217
Ionis Pharmaceuticals
IONS
$9.93B
| $58.9M | 0.1% |
+1,606,306
| New | +$50.3M |
|
|
RHT
218
DELISTED
Red Hat Inc
RHT
| $58.1M | 0.1% |
719,329
+508,935
| +242% | +$37.9M |
|
219
Hewlett Packard
HPE
$70.8B
| $57.6M | 0.1% |
4,352,729
-5,503,989
| -56% | -$68M |
|
|
MRC
220
DELISTED
MRC Global
MRC
| $57.3M | 0.1% |
3,486,633
+2,491,046
| +250% | +$35.7M |
|
221
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$822B
| $56.8M | 0.1% |
+262,500
| New | +$56.7M |
|
222
NetEase
NTES
$82.1B
| $56.1M | 0.09% |
+1,165,530
| New | +$49.6M |
|
|
CTRA
223
DELISTED
Coterra Energy
CTRA
| $56.1M | 0.09% |
2,173,816
+53,954
| +3% | +$1.35M |
|
224
AstraZeneca
AZN
$257B
| $55.6M | 0.09% |
846,543
+537,473
| +174% | +$35.1M |
|
225
Wintrust Financial
WTFC
$10.3B
| $55.4M | 0.09% |
997,502
-354,612
| -26% | -$19.1M |
|
Similar funds
Israel Englander's Q3 2016 Portfolio in Review
As of Q3 2016, Israel Englander held 3,956 positions worth $59.6B, up 37% from $43.7B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Israel Englander deployed $13.4B of net new capital in Q3 2016, opening 826 new positions and adding to 1,153 existing holdings. Its largest new stake was Edison International: 1,171,827 shares worth $84.7M.
By sector, the portfolio is most concentrated in Consumer Staples at 17% of assets, up from 6.3% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was NextEra Energy, an estimated $198M trimmed.
- Israel Englander's largest Q3 2016 buy was Edison International: 1,171,827 shares worth $84.7M.
- Israel Englander added most to Procter & Gamble in Q3 2016, an estimated $6.23B increase.
- Israel Englander's biggest Q3 2016 reduction was NextEra Energy, cutting an estimated $198M.
- Israel Englander fully exited Charter Communications in Q3 2016, selling an estimated $266M.
- Israel Englander's ten largest holdings make up 24% of its $59.6B portfolio in Q3 2016.
- Israel Englander opened 826 new positions and closed 723 in Q3 2016.
- Israel Englander's portfolio value rose 37% quarter-over-quarter to $59.6B.
Based on Millennium Management's 13F filing for Q3 2016, filed 14 Nov 2016.