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 | |
|---|---|---|---|---|---|---|
376
Capri Holdings
CPRI
$1.55B
| $26.1M | 0.07% |
458,196
+326,552
| +248% | +$16.1M |
|
|
MIK
377
DELISTED
Michaels Stores, Inc
MIK
| $26.1M | 0.07% |
932,011
+912,793
| +4,750% | +$21.1M |
|
378
FNB Corp
FNB
$6.6B
| $26M | 0.07% |
1,998,916
-1,330,443
| -40% | -$16.6M |
|
|
379
Lowe's Companies
LOW
$121B
| $26M | 0.07% |
343,081
-2,551,642
| -88% | -$180M |
|
380
CubeSmart
CUBE
$9.21B
| $25.9M | 0.06% |
778,150
-718,667
| -48% | -$22.1M |
|
381
Puma Biotechnology
PBYI
$477M
| $25.9M | 0.06% |
880,525
-320,646
| -27% | -$14.5M |
|
382
PUT
Patterson-UTI
PTEN
$4.71B
| $25.8M | 0.06% |
1,463,900
+657,800
| +82% | +$9.81M |
|
383
Tenaris
TS
$26.6B
| $25.4M | 0.06% |
1,027,485
-1,750,265
| -63% | -$38.3M |
|
384
Nektar Therapeutics
NKTR
$2.53B
| $25.3M | 0.06% |
122,870
+49,546
| +68% | +$9.52M |
|
385
Iron Mountain
IRM
$36.3B
| $25.3M | 0.06% |
745,873
+271,605
| +57% | +$7.8M |
|
386
CALL
EQT Corp
EQT
$33.6B
| $25.2M | 0.06% |
+687,773
| New | +$22M |
|
387
Alkermes
ALKS
$8.11B
| $25.1M | 0.06% |
734,242
+689,578
| +1,544% | +$27.2M |
|
|
NVRO
388
DELISTED
NEVRO CORP.
NVRO
| $25M | 0.06% |
444,201
+133,164
| +43% | +$7.86M |
|
389
MGM Resorts International
MGM
$11B
| $25M | 0.06% |
1,164,313
-382,720
| -25% | -$7.56M |
|
|
TCF
390
DELISTED
TCF Financial Corporation
TCF
| $24.9M | 0.06% |
2,035,105
-2,220,240
| -52% | -$26.6M |
|
|
HAR
391
DELISTED
Harman International Industries
HAR
| $24.9M | 0.06% |
280,078
+180,394
| +181% | +$14.3M |
|
392
XPO
XPO
$23.2B
| $24.9M | 0.06% |
2,347,023
+832,008
| +55% | +$7.25M |
|
393
Werner Enterprises
WERN
$2.33B
| $24.9M | 0.06% |
+915,031
| New | +$23.2M |
|
394
General Motors
GM
$77.2B
| $24.8M | 0.06% |
788,217
-695,792
| -47% | -$20.9M |
|
395
PayPal
PYPL
$52.7B
| $24.7M | 0.06% |
+641,042
| New | +$23.2M |
|
|
SEM
396
DELISTED
Select Medical
SEM
| $24.7M | 0.06% |
3,875,896
-1,069,826
| -22% | -$5.74M |
|
|
CCP
397
DELISTED
Care Capital Properties, Inc.
CCP
| $24.6M | 0.06% |
914,770
+558,864
| +157% | +$15.5M |
|
|
SPLS
398
DELISTED
Staples Inc
SPLS
| $24.5M | 0.06% |
2,219,798
-1,301,673
| -37% | -$12.2M |
|
|
QLIK
399
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $24.5M | 0.06% |
845,759
-1,190,779
| -58% | -$29.8M |
|
400
Nokia
NOK
$57B
| $24.3M | 0.06% |
4,117,643
-2,990,139
| -42% | -$19.1M |
|
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.