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 | |
|---|---|---|---|---|---|---|
326
Equity Lifestyle Properties
ELS
$12.7B
| $29.6M | 0.07% |
814,788
-562,316
| -41% | -$19.3M |
|
|
CPHD
327
DELISTED
Cepheid Inc
CPHD
| $29.6M | 0.07% |
887,866
+288,960
| +48% | +$9.07M |
|
|
BXLT
328
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $29.5M | 0.07% |
729,203
-2,099,529
| -74% | -$83.1M |
|
329
Ashland
ASH
$3.33B
| $29.4M | 0.07% |
546,259
+99,251
| +22% | +$4.78M |
|
|
MNK
330
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $29.4M | 0.07% |
479,173
+362,538
| +311% | +$23.2M |
|
|
FBC
331
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $29.3M | 0.07% |
1,366,833
+759,945
| +125% | +$15.2M |
|
|
GHDX
332
DELISTED
Genomic Health, Inc.
GHDX
| $29.1M | 0.07% |
1,175,155
-130,849
| -10% | -$3.59M |
|
333
AstraZeneca
AZN
$257B
| $29.1M | 0.07% |
516,711
+142,678
| +38% | +$8.57M |
|
334
Edison International
EIX
$27.5B
| $29.1M | 0.07% |
+404,144
| New | +$26.2M |
|
335
Medtronic
MDT
$119B
| $29M | 0.07% |
386,648
-49,467
| -11% | -$3.73M |
|
336
Aptiv
APTV
$10B
| $29M | 0.07% |
386,088
-345,456
| -47% | -$23.6M |
|
337
Equinix
EQIX
$105B
| $29M | 0.07% |
87,551
+37,555
| +75% | +$11.4M |
|
|
MIC
338
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $28.9M | 0.07% |
427,911
-277,807
| -39% | -$17.6M |
|
|
EQC
339
DELISTED
Equity Commonwealth
EQC
| $28.6M | 0.07% |
1,014,490
-971,544
| -49% | -$26.2M |
|
340
Best Buy
BBY
$18.1B
| $28.6M | 0.07% |
+880,673
| New | +$26.7M |
|
|
CELG
341
DELISTED
Celgene Corp
CELG
| $28.6M | 0.07% |
285,240
+245,240
| +613% | +$25.3M |
|
342
Helix Energy Solutions
HLX
$1.53B
| $28.3M | 0.07% |
5,049,800
-1,694,755
| -25% | -$7.15M |
|
343
Darden Restaurants
DRI
$25.2B
| $28.3M | 0.07% |
426,195
-227,242
| -35% | -$14.4M |
|
|
ATVI
344
DELISTED
Activision Blizzard
ATVI
| $28M | 0.07% |
827,726
-697,268
| -46% | -$22.9M |
|
345
Hershey
HSY
$37.5B
| $28M | 0.07% |
303,852
+232,695
| +327% | +$20.8M |
|
346
Colgate-Palmolive
CL
$72.6B
| $27.9M | 0.07% |
+394,994
| New | +$26.3M |
|
347
CALL
VanEck Junior Gold Miners ETF
GDXJ
$9.69B
| $27.9M | 0.07% |
+1,000,000
| New | +$23.3M |
|
|
SEE
348
DELISTED
Sealed Air
SEE
| $27.8M | 0.07% |
579,207
+483,504
| +505% | +$21.2M |
|
|
ECHO
349
EchoStar
ECHO
$25.2B
| $27.8M | 0.07% |
774,434
-65,157
| -8% | -$2.07M |
|
350
JB Hunt Transport Services
JBHT
$25.9B
| $27.7M | 0.07% |
328,450
+266,474
| +430% | +$20.2M |
|
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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 $6.85B 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.