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 | |
|---|---|---|---|---|---|---|
2351
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.43B
| $837K | ﹤0.01% |
+21,509
| New | +$842K |
|
|
MHG
2352
DELISTED
Marine Harvest ASA
MHG
| $836K | ﹤0.01% |
46,625
+17,695
| +61% | +$290K |
|
|
MITT
2353
TPG Mortgage Investment Trust
MITT
$212M
| $835K | ﹤0.01% |
17,675
-21,121
| -54% | -$975K |
|
2354
Novanta
NOVT
$5.45B
| $835K | ﹤0.01% |
+48,150
| New | +$793K |
|
|
PBPB
2355
DELISTED
Potbelly
PBPB
| $834K | ﹤0.01% |
67,132
-20,359
| -23% | -$264K |
|
|
VR
2356
DELISTED
Validus Hold Ltd
VR
| $833K | ﹤0.01% |
16,730
-84,723
| -84% | -$4.21M |
|
|
BZUN
2357
Baozun
BZUN
$170M
| $831K | ﹤0.01% |
55,059
+28,114
| +104% | +$295K |
|
|
HSII
2358
DELISTED
Heidrick & Struggles
HSII
| $830K | ﹤0.01% |
44,763
-17,146
| -28% | -$318K |
|
2359
Rayonier Advanced Materials
RYAM
$569M
| $830K | ﹤0.01% |
62,102
-74,844
| -55% | -$967K |
|
2360
Harley-Davidson
HOG
$2.9B
| $829K | ﹤0.01% |
+15,755
| New | +$815K |
|
|
LION
2361
DELISTED
Fidelity Southern Corporation
LION
| $826K | ﹤0.01% |
44,901
+5,275
| +13% | +$91.7K |
|
|
GASL
2362
DELISTED
Direxion Daily Natural Gas Related Bull 3X Shares
GASL
| $824K | ﹤0.01% |
+34
| New | +$737K |
|
|
DMC
2363
Del Monte Corp
DMC
$1.49B
| $820K | ﹤0.01% |
13,689
+2,373
| +21% | +$138K |
|
2364
iShares MBS ETF
MBB
$39.2B
| $820K | ﹤0.01% |
7,449
-15,423
| -67% | -$1.7M |
|
|
MIK
2365
DELISTED
Michaels Stores, Inc
MIK
| $820K | ﹤0.01% |
+33,937
| New | +$869K |
|
|
CXRX
2366
DELISTED
Concordia International Corp. Common Stock
CXRX
| $820K | ﹤0.01% |
+183,018
| New | +$2.29M |
|
2367
Stepan Co
SCL
$1.43B
| $818K | ﹤0.01% |
11,253
-58,580
| -84% | -$3.94M |
|
2368
iShares MSCI Italy ETF
EWI
$1.12B
| $816K | ﹤0.01% |
37,010
-112,990
| -75% | -$2.5M |
|
2369
Fulgent Genetics
FLGT
$550M
| $816K | ﹤0.01% |
+88,514
| New | +$814K |
|
|
S
2370
DELISTED
Sprint Corporation
S
| $815K | ﹤0.01% |
122,935
-704,613
| -85% | -$4.18M |
|
|
TOO
2371
DELISTED
Teekay Offshore Partners L.P.
TOO
| $815K | ﹤0.01% |
128,895
-526,799
| -80% | -$2.93M |
|
2372
LifeVantage
LFVN
$81.4M
| $812K | ﹤0.01% |
+85,868
| New | +$1.12M |
|
2373
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $811K | ﹤0.01% |
+37,524
| New | +$803K |
|
2374
PUT
IQVIA
IQV
$43.4B
| $811K | ﹤0.01% |
+10,000
| New | +$757K |
|
2375
Alnylam Pharmaceuticals
ALNY
$31.1B
| $810K | ﹤0.01% |
11,957
-68,416
| -85% | -$4.83M |
|
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 $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.