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 |
ConocoPhillips
COP
|
+$164M |
| 2 |
PepsiCo
PEP
|
+$159M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$154M |
| 4 |
AT&T
T
|
+$145M |
| 5 |
Fidelity National Information Services
FIS
|
+$139M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$250M |
| 2 |
PPL
PPL Corp
PPL
|
+$240M |
| 3 |
Occidental Petroleum
OXY
|
+$222M |
| 4 |
Lowe's Companies
LOW
|
+$180M |
| 5 |
American Electric Power
AEP
|
+$170M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.84% |
| 2 | Energy | 10.39% |
| 3 | Technology | 9.45% |
| 4 | Consumer Discretionary | 8.96% |
| 5 | Financials | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
B2Gold
BTG
$7.58B
| $438K | ﹤0.01% |
264,024
+28,471
| +12% | +$31.1K |
|
2577
Onto Innovation
ONTO
$17.8B
| $438K | ﹤0.01% |
+27,621
| New | +$386K |
|
2578
NBT Bancorp
NBTB
$2.68B
| $437K | ﹤0.01% |
16,226
-9,358
| -37% | -$243K |
|
2579
RLI Corp
RLI
$5.95B
| $437K | ﹤0.01% |
13,068
-48,746
| -79% | -$1.53M |
|
|
RIGP
2580
DELISTED
Transocean Partners LLC
RIGP
| $437K | ﹤0.01% |
49,280
+18,880
| +62% | +$155K |
|
2581
Calix
CALX
$2.42B
| $436K | ﹤0.01% |
61,546
-27,518
| -31% | -$194K |
|
2582
Grupo Aeroportuario del Pacifico
PAC
$12.8B
| $436K | ﹤0.01% |
4,912
-5,201
| -51% | -$425K |
|
2583
First Trust Morningstar Dividend Leaders Index Fund
FDL
$8.13B
| $435K | ﹤0.01% |
+16,978
| New | +$412K |
|
|
KND
2584
DELISTED
Kindred Healthcare
KND
| $434K | ﹤0.01% |
+35,170
| New | +$365K |
|
2585
Mercantile Bank Corp
MBWM
$1.04B
| $433K | ﹤0.01% |
19,291
+4,322
| +29% | +$97.6K |
|
|
KBAL
2586
DELISTED
Kimball International
KBAL
| $433K | ﹤0.01% |
38,192
-19,041
| -33% | -$201K |
|
|
CHA
2587
DELISTED
China Telecom Corporation, LTD
CHA
| $433K | ﹤0.01% |
8,245
+1,148
| +16% | +$54.4K |
|
2588
Bank of Marin Bancorp
BMRC
$434M
| $432K | ﹤0.01% |
+17,538
| New | +$442K |
|
|
ARLZ
2589
DELISTED
Aralez Pharmaceuticals Inc.
ARLZ
| $432K | ﹤0.01% |
+121,817
| New | +$628K |
|
|
ZNH
2590
DELISTED
China Southern Airlines Company Limited
ZNH
| $431K | ﹤0.01% |
13,800
+3,403
| +33% | +$102K |
|
2591
HUTCHMED
HCM
$2.15B
| $430K | ﹤0.01% |
+32,575
| New | +$436K |
|
|
DL
2592
DELISTED
China Distance Education Holdings Limited
DL
| $428K | ﹤0.01% |
29,100
-76,786
| -73% | -$975K |
|
|
HIVE
2593
DELISTED
Aerohive Networks
HIVE
| $426K | ﹤0.01% |
85,387
+62,787
| +278% | +$305K |
|
2594
Fidus Investment
FDUS
$748M
| $425K | ﹤0.01% |
27,390
+13,805
| +102% | +$191K |
|
2595
Abbott
ABT
$197B
| $424K | ﹤0.01% |
10,143
-642,161
| -98% | -$25.4M |
|
2596
Aurinia Pharmaceuticals
AUPH
$2.2B
| $423K | ﹤0.01% |
145,200
| – | – |
|
|
GBL
2597
DELISTED
GAMCO Investors, Inc.
GBL
| $422K | ﹤0.01% |
11,376
-22,231
| -66% | -$725K |
|
|
MXWL
2598
DELISTED
Maxwell Technologies Inc
MXWL
| $422K | ﹤0.01% |
+71,085
| New | +$436K |
|
|
RKUS
2599
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $422K | ﹤0.01% |
+43,005
| New | +$397K |
|
|
MESO
2600
Mesoblast
MESO
$2.18B
| $421K | ﹤0.01% |
21,901
-8,880
| -29% | -$122K |
|
Similar funds
Israel Englander's Q1 2016 Portfolio in Review
As of Q1 2016, Israel Englander held 4,057 positions worth $40B, down 16% from $47.6B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander withdrew a net $6.85B in Q1 2016, closing 847 positions and reducing 1,408 holdings. Its most notable exit was Walmart Inc, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 13% a quarter earlier, followed by Energy and Technology.
Against the trend, Israel Englander opened a new position in ConocoPhillips worth $174M.
- Israel Englander's largest Q1 2016 buy was ConocoPhillips: 4,324,124 shares worth $174M.
- Israel Englander added most to PepsiCo in Q1 2016, an estimated $159M increase.
- Israel Englander's biggest Q1 2016 reduction was NextEra Energy, cutting an estimated $250M.
- Israel Englander fully exited Walmart Inc in Q1 2016, selling an estimated $142M.
- Israel Englander's ten largest holdings make up 11% of its $40B portfolio in Q1 2016.
- Israel Englander opened 691 new positions and closed 847 in Q1 2016.
- Israel Englander's portfolio value fell 16% quarter-over-quarter to $40B.
Based on Millennium Management's 13F filing for Q1 2016, filed 16 May 2016.