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 | Miscellaneous | 13.07% |
| 3 | Healthcare | 10.7% |
| 4 | Energy | 9.08% |
| 5 | Technology | 8.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
AMERISAFE
AMSF
$485M
| $1.09M | ﹤0.01% |
18,591
-43,966
| -70% | -$2.61M |
|
|
BKMU
2227
DELISTED
Bank Mutual Corp
BKMU
| $1.09M | ﹤0.01% |
142,341
-11,390
| -7% | -$87.7K |
|
2228
PUT
Freeport-McMoran
FCX
$113B
| $1.09M | ﹤0.01% |
+100,000
| New | +$1.15M |
|
|
ARLZ
2229
DELISTED
Aralez Pharmaceuticals Inc.
ARLZ
| $1.08M | ﹤0.01% |
222,630
-13,442
| -6% | -$61.3K |
|
2230
Pan American Silver
PAAS
$22.8B
| $1.07M | ﹤0.01% |
61,028
-579,611
| -90% | -$10.8M |
|
|
AV
2231
DELISTED
Aviva Plc
AV
| $1.07M | ﹤0.01% |
93,400
-58,400
| -38% | -$635K |
|
|
ZIXI
2232
DELISTED
Zix Corporation
ZIXI
| $1.07M | ﹤0.01% |
261,395
-78,984
| -23% | -$312K |
|
|
ENZY
2233
DELISTED
Enzymotec Ltd
ENZY
| $1.07M | ﹤0.01% |
152,938
+71,314
| +87% | +$572K |
|
2234
Arrow Electronics
ARW
$10.6B
| $1.07M | ﹤0.01% |
16,669
-89,383
| -84% | -$5.77M |
|
2235
Digi International
DGII
$2.94B
| $1.06M | ﹤0.01% |
93,243
+3,241
| +4% | +$36.8K |
|
|
EVDY
2236
DELISTED
Everyday Health, Inc.
EVDY
| $1.06M | ﹤0.01% |
138,206
+24,885
| +22% | +$195K |
|
2237
CALL
Golar LNG
GLNG
$5.26B
| $1.06M | ﹤0.01% |
50,000
-275,000
| -85% | -$5.25M |
|
|
HIVE
2238
DELISTED
Aerohive Networks
HIVE
| $1.06M | ﹤0.01% |
174,116
+71,813
| +70% | +$482K |
|
2239
CALL
Opko Health
OPK
$1.12B
| $1.06M | ﹤0.01% |
+100,000
| New | +$996K |
|
2240
Lloyds Banking Group
LYG
$85.7B
| $1.06M | ﹤0.01% |
368,550
+279,450
| +314% | +$830K |
|
|
JIVE
2241
DELISTED
Jive Software, Inc.
JIVE
| $1.06M | ﹤0.01% |
248,163
+71,562
| +41% | +$293K |
|
|
EEP
2242
DELISTED
Enbridge Energy Partners
EEP
| $1.05M | ﹤0.01% |
41,432
+16,367
| +65% | +$393K |
|
|
ASCMA
2243
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $1.05M | ﹤0.01% |
45,411
+4,017
| +10% | +$80.2K |
|
2244
NETSCOUT
NTCT
$2.87B
| $1.05M | ﹤0.01% |
35,831
-108,728
| -75% | -$2.98M |
|
2245
Varonis Systems
VRNS
$5.14B
| $1.05M | ﹤0.01% |
+104,400
| New | +$955K |
|
|
RAS
2246
DELISTED
RAIT Financial Trust
RAS
| $1.05M | ﹤0.01% |
309,471
+73,171
| +31% | +$229K |
|
|
CCEC
2247
Capital Clean Energy Carriers
CCEC
$1.37B
| $1.04M | ﹤0.01% |
45,560
+14,789
| +48% | +$356K |
|
|
LORL
2248
DELISTED
Loral Space and Communications, Inc.
LORL
| $1.04M | ﹤0.01% |
26,576
-11,537
| -30% | -$417K |
|
2249
Capitol Federal Financial
CFFN
$1.07B
| $1.04M | ﹤0.01% |
73,699
+44,488
| +152% | +$629K |
|
|
SNCR
2250
DELISTED
Synchronoss Technologies
SNCR
| $1.04M | ﹤0.01% |
2,795
-5,091
| -65% | -$1.8M |
|
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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 $10.3B 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 Miscellaneous and Healthcare.
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.