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 | |
|---|---|---|---|---|---|---|
2251
WesBanco
WSBC
$3.88B
| $991K | ﹤0.01% |
23,022
-6,659
| -22% | -$249K |
|
|
ADVM
2252
DELISTED
Adverum Biotechnologies
ADVM
| $984K | ﹤0.01% |
33,947
+32,753
| +2,743% | +$1.07M |
|
|
IMOS
2253
ChipMOS TECHNOLOGIES
IMOS
$1.99B
| $984K | ﹤0.01% |
59,228
-54,214
| -48% | -$1.04M |
|
|
SGBK
2254
DELISTED
Stonegate Bank
SGBK
| $981K | ﹤0.01% |
23,516
-34,828
| -60% | -$1.32M |
|
|
FGL
2255
DELISTED
Fidelity & Guaranty Life
FGL
| $980K | ﹤0.01% |
41,365
+7,642
| +23% | +$178K |
|
|
HZNP
2256
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $979K | ﹤0.01% |
60,500
+33,500
| +124% | +$607K |
|
2257
Ally Financial
ALLY
$12.9B
| $976K | ﹤0.01% |
51,322
-630,226
| -92% | -$12.1M |
|
|
RIC
2258
DELISTED
Richmont Mines Inc.
RIC
| $976K | ﹤0.01% |
150,157
+115,241
| +330% | +$875K |
|
2259
Materion
MTRN
$4.92B
| $974K | ﹤0.01% |
24,603
-5,348
| -18% | -$188K |
|
|
BGB
2260
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $972K | ﹤0.01% |
+63,391
| New | +$944K |
|
|
CUTR
2261
DELISTED
Cutera, Inc.
CUTR
| $971K | ﹤0.01% |
+55,938
| New | +$837K |
|
2262
Heartland Express
HTLD
$964M
| $968K | ﹤0.01% |
47,564
-75,540
| -61% | -$1.52M |
|
|
EEP
2263
DELISTED
Enbridge Energy Partners
EEP
| $968K | ﹤0.01% |
37,992
-3,440
| -8% | -$83.8K |
|
|
MPG
2264
DELISTED
Metaldyne Performance Group Inc.
MPG
| $964K | ﹤0.01% |
+41,993
| New | +$799K |
|
2265
Western Union
WU
$2.26B
| $962K | ﹤0.01% |
+44,313
| New | +$920K |
|
|
CLNY
2266
DELISTED
Colony Capital, Inc.
CLNY
| $958K | ﹤0.01% |
47,322
-1,376,148
| -97% | -$26.9M |
|
2267
Eagle Materials
EXP
$6.14B
| $957K | ﹤0.01% |
9,716
-228,379
| -96% | -$20.5M |
|
2268
Vermilion Energy
VET
$1.87B
| $957K | ﹤0.01% |
+22,700
| New | +$927K |
|
2269
AC Immune
ACIU
$283M
| $954K | ﹤0.01% |
73,530
+21,409
| +41% | +$296K |
|
|
EMKR
2270
DELISTED
Emcore Corp
EMKR
| $954K | ﹤0.01% |
10,969
+2,776
| +34% | +$191K |
|
|
BMCH
2271
DELISTED
BMC Stock Holdings, Inc
BMCH
| $953K | ﹤0.01% |
48,871
-127,561
| -72% | -$2.31M |
|
|
CBI
2272
PUT
DELISTED
Chicago Bridge & Iron Nv
CBI
| $953K | ﹤0.01% |
+30,000
| New | +$939K |
|
2273
Prudential
PUK
$35.1B
| $952K | ﹤0.01% |
24,655
-47,914
| -66% | -$1.72M |
|
|
PEI
2274
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $952K | ﹤0.01% |
3,348
-1,311
| -28% | -$392K |
|
2275
Aaon
AAON
$6.58B
| $951K | ﹤0.01% |
43,178
-151,996
| -78% | -$3.17M |
|
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.