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 |
Amazon
AMZN
|
+$278M |
| 2 |
Charter Communications
CHTR
|
+$218M |
| 3 |
Exelon
EXC
|
+$197M |
| 4 |
Halliburton
HAL
|
+$192M |
| 5 |
AET
Aetna Inc
AET
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$241M |
| 2 |
DISH
DISH Network Corp.
DISH
|
+$235M |
| 3 |
Expedia Group
EXPE
|
+$188M |
| 4 |
AT&T
T
|
+$181M |
| 5 |
WR
Westar Energy Inc
WR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.7% |
| 2 | Energy | 10.37% |
| 3 | Financials | 9.65% |
| 4 | Technology | 8.63% |
| 5 | Industrials | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PXD
276
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $39M | 0.09% |
257,700
+15,000
| +6% | +$2.35M |
|
277
Incyte
INCY
$25.9B
| $38.9M | 0.09% |
486,597
-5,668
| -1% | -$440K |
|
|
QTS
278
DELISTED
QTS REALTY TRUST, INC.
QTS
| $38.9M | 0.09% |
694,776
-204,852
| -23% | -$10.6M |
|
279
Bio-Rad Laboratories Class A
BIO
$10.2B
| $38.8M | 0.09% |
271,515
-47,039
| -15% | -$6.71M |
|
280
FirstEnergy
FE
$26.6B
| $38.6M | 0.09% |
1,104,300
-60,987
| -5% | -$2.07M |
|
281
Allstate
ALL
$64.2B
| $38.3M | 0.09% |
547,672
-334,809
| -38% | -$22.4M |
|
|
DCT
282
DELISTED
DCT Industrial Trust Inc.
DCT
| $38.3M | 0.09% |
797,426
-1,782,943
| -69% | -$75.9M |
|
|
MIC
283
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $38.3M | 0.09% |
517,161
+89,250
| +21% | +$6.29M |
|
|
TRCO
284
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $38.2M | 0.09% |
976,100
+189,559
| +24% | +$7.35M |
|
285
First American
FAF
$7.33B
| $37.9M | 0.09% |
943,014
+624,483
| +196% | +$23.3M |
|
286
Dover
DOV
$27.2B
| $37.8M | 0.09% |
+674,873
| New | +$36.4M |
|
287
Yum! Brands
YUM
$41.8B
| $37.7M | 0.09% |
631,894
+176,300
| +39% | +$10.4M |
|
288
Healthcare Realty
HR
$6.65B
| $37.6M | 0.09% |
1,161,701
+786,256
| +209% | +$23.7M |
|
|
EMC
289
PUT
DELISTED
EMC CORPORATION
EMC
| $37.4M | 0.09% |
1,376,500
| – | – |
|
290
Revvity
RVTY
$13.9B
| $37.3M | 0.09% |
711,781
+366,266
| +106% | +$19.3M |
|
291
Hilton Worldwide
HLT
$73.5B
| $37M | 0.08% |
547,345
-789,161
| -59% | -$51.8M |
|
292
US Foods
USFD
$23.7B
| $36.7M | 0.08% |
+1,513,465
| New | +$36.9M |
|
|
MON
293
DELISTED
Monsanto Co
MON
| $36.7M | 0.08% |
354,539
+317,153
| +848% | +$31.4M |
|
294
Delek US
DK
$4.38B
| $36.6M | 0.08% |
2,767,325
+393,195
| +17% | +$5.59M |
|
295
Targa Resources
TRGP
$64.1B
| $36.5M | 0.08% |
866,026
-2,158,328
| -71% | -$84.6M |
|
|
SYT
296
DELISTED
Syngenta Ag
SYT
| $36.5M | 0.08% |
474,859
+57,532
| +14% | +$4.66M |
|
297
Vail Resorts
MTN
$5.45B
| $36.4M | 0.08% |
263,415
+207,127
| +368% | +$27.3M |
|
|
PPL
298
PPL Corp
PPL
$25.9B
| $36.3M | 0.08% |
962,559
-2,877,547
| -75% | -$110M |
|
|
GPT
299
DELISTED
Gramercy Property Trust
GPT
| $36.3M | 0.08% |
1,311,110
+223,920
| +21% | +$5.89M |
|
300
SM Energy
SM
$8.85B
| $36M | 0.08% |
1,332,963
-841,916
| -39% | -$23.6M |
|
Similar funds
Israel Englander's Q2 2016 Portfolio in Review
As of Q2 2016, Israel Englander held 3,988 positions worth $43.7B, up 9.2% from $40B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander deployed $1.99B of net new capital in Q2 2016, opening 776 new positions and adding to 1,172 existing holdings. Its largest new stake was Amazon: 8,232,420 shares worth $295M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 13% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Yahoo Inc, an estimated $241M trimmed.
- Israel Englander's largest Q2 2016 buy was Amazon: 8,232,420 shares worth $295M.
- Israel Englander added most to Charter Communications in Q2 2016, an estimated $218M increase.
- Israel Englander's biggest Q2 2016 reduction was Yahoo Inc, cutting an estimated $241M.
- Israel Englander fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $108M.
- Israel Englander's ten largest holdings make up 11% of its $43.7B portfolio in Q2 2016.
- Israel Englander opened 776 new positions and closed 860 in Q2 2016.
- Israel Englander's portfolio value rose 9.2% quarter-over-quarter to $43.7B.
Based on Millennium Management's 13F filing for Q2 2016, filed 15 Aug 2016.