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 | |
|---|---|---|---|---|---|---|
|
TSC
2701
DELISTED
TriState Capital Holdings, Inc.
TSC
| $347K | ﹤0.01% |
27,536
-10,560
| -28% | -$129K |
|
|
PACW
2702
DELISTED
PacWest Bancorp
PACW
| $346K | ﹤0.01% |
9,318
-152,814
| -94% | -$5.41M |
|
2703
JPMorgan Chase
JPM
$948B
| $343K | ﹤0.01% |
+5,800
| New | +$339K |
|
|
MCBC
2704
DELISTED
Macatawa Bank Corp
MCBC
| $343K | ﹤0.01% |
+54,875
| New | +$329K |
|
2705
Hilltop Holdings
HTH
$2.21B
| $341K | ﹤0.01% |
18,053
-228,718
| -93% | -$3.86M |
|
|
FFNW
2706
DELISTED
First Financial Northwest, Inc
FFNW
| $341K | ﹤0.01% |
25,889
+15,378
| +146% | +$205K |
|
|
ARTX
2707
DELISTED
Arotech Corporation
ARTX
| $341K | ﹤0.01% |
140,512
-22,624
| -14% | -$53.1K |
|
2708
News Corp Class B
NWS
$18.9B
| $340K | ﹤0.01% |
+25,691
| New | +$318K |
|
2709
Griffon
GFF
$4.57B
| $338K | ﹤0.01% |
21,868
-107,848
| -83% | -$1.63M |
|
2710
PhenixFIN
PFX
$102M
| $338K | ﹤0.01% |
+2,560
| New | +$327K |
|
2711
First Financial Corp
THFF
$940M
| $338K | ﹤0.01% |
9,883
-20,566
| -68% | -$679K |
|
2712
Zevra Therapeutics
ZVRA
$697M
| $338K | ﹤0.01% |
+1,456
| New | +$353K |
|
2713
iShares MSCI Germany ETF
EWG
$1.73B
| $337K | ﹤0.01% |
13,102
+1,979
| +18% | +$48.2K |
|
2714
iShares Europe ETF
IEV
$1.7B
| $337K | ﹤0.01% |
8,615
+3,582
| +71% | +$135K |
|
2715
FirstCash
FCFS
$9.53B
| $336K | ﹤0.01% |
+7,304
| New | +$295K |
|
|
AXDX
2716
DELISTED
Accelerate Diagnostics
AXDX
| $335K | ﹤0.01% |
2,330
-260
| -10% | -$36.7K |
|
|
PMBC
2717
DELISTED
Pacific Mercantile Bancorp
PMBC
| $333K | ﹤0.01% |
+47,534
| New | +$332K |
|
|
XCOM
2718
DELISTED
XTERA COMMUNICATIONS INC COM STK (DE)
XCOM
| $333K | ﹤0.01% |
117,403
-15,045
| -11% | -$50.8K |
|
2719
First Northwest Bancorp
FNWB
$105M
| $332K | ﹤0.01% |
+25,761
| New | +$329K |
|
2720
Super Micro Computer
SMCI
$24.2B
| $332K | ﹤0.01% |
+97,410
| New | +$291K |
|
|
CRC
2721
DELISTED
California Resources Corporation
CRC
| $332K | ﹤0.01% |
32,263
-201,893
| -86% | -$2.38M |
|
2722
Compugen
CGEN
$269M
| $331K | ﹤0.01% |
59,345
+18,542
| +45% | +$96.8K |
|
2723
Global X MLP ETF
MLPA
$2.37B
| $331K | ﹤0.01% |
+5,653
| New | +$304K |
|
2724
Natera
NTRA
$48.8B
| $331K | ﹤0.01% |
34,795
-582,517
| -94% | -$4.93M |
|
2725
iShares MSCI Taiwan ETF
EWT
$11.5B
| $328K | ﹤0.01% |
+11,848
| New | +$301K |
|
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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 $6.99B 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.