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 | |
|---|---|---|---|---|---|---|
|
GSUM
2426
DELISTED
Gridsum Holding Inc.
GSUM
| $724K | ﹤0.01% |
71,029
-91,513
| -56% | -$1.33M |
|
2427
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $723K | ﹤0.01% |
8,995
-38,990
| -81% | -$3.04M |
|
|
WW
2428
DELISTED
WW International
WW
| $723K | ﹤0.01% |
+63,166
| New | +$680K |
|
2429
PUT
Acadia Pharmaceuticals
ACAD
$5.1B
| $721K | ﹤0.01% |
25,000
-25,000
| -50% | -$661K |
|
2430
NeoGenomics
NEO
$2.23B
| $721K | ﹤0.01% |
84,155
-105,835
| -56% | -$907K |
|
2431
TAL Education Group
TAL
$6.48B
| $720K | ﹤0.01% |
61,602
+8,304
| +16% | +$102K |
|
|
CIE
2432
DELISTED
Cobalt International Energy, Inc
CIE
| $720K | ﹤0.01% |
39,337
+33,903
| +624% | +$587K |
|
2433
Bassett Furniture
BSET
$165M
| $719K | ﹤0.01% |
23,652
+7,370
| +45% | +$199K |
|
|
NSR
2434
DELISTED
Neustar Inc
NSR
| $719K | ﹤0.01% |
21,522
+1,514
| +8% | +$40.1K |
|
|
HIBB
2435
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $719K | ﹤0.01% |
+19,264
| New | +$780K |
|
2436
Syndax Pharmaceuticals
SNDX
$1.79B
| $717K | ﹤0.01% |
+100,065
| New | +$1.1M |
|
|
SGMO
2437
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $715K | ﹤0.01% |
234,363
-381,371
| -62% | -$1.39M |
|
2438
Ferrari
RACE
$72.6B
| $714K | ﹤0.01% |
+12,275
| New | +$669K |
|
2439
iShares MSCI Germany ETF
EWG
$1.73B
| $713K | ﹤0.01% |
+26,931
| New | +$693K |
|
2440
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.85B
| $713K | ﹤0.01% |
7,983
+416
| +5% | +$37.7K |
|
|
SMC
2441
Summit Midstream
SMC
$469M
| $711K | ﹤0.01% |
+1,886
| New | +$644K |
|
2442
AerCap
AER
$23.6B
| $709K | ﹤0.01% |
17,050
+3,257
| +24% | +$137K |
|
2443
Biglari Holdings Class B
BH
$1.22B
| $709K | ﹤0.01% |
+2,247
| New | +$681K |
|
2444
CALL
Biogen
BIIB
$32.7B
| $709K | ﹤0.01% |
+2,500
| New | +$741K |
|
2445
Telefônica Brasil
VIV
$18.6B
| $709K | ﹤0.01% |
+53,012
| New | +$711K |
|
2446
Consolidated Water Co
CWCO
$481M
| $708K | ﹤0.01% |
65,227
+35,384
| +119% | +$390K |
|
2447
Destination XL Group
DXLG
$34.8M
| $708K | ﹤0.01% |
+166,694
| New | +$712K |
|
2448
Ingles Markets
IMKTA
$1.59B
| $708K | ﹤0.01% |
+14,714
| New | +$656K |
|
2449
Luxfer Holdings
LXFR
$459M
| $708K | ﹤0.01% |
65,033
-21,367
| -25% | -$226K |
|
2450
WisdomTree Japan Hedged Equity Fund
DXJ
$7.27B
| $707K | ﹤0.01% |
+14,262
| New | +$670K |
|
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 $13B 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.