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 | |
|---|---|---|---|---|---|---|
|
PSB
401
DELISTED
PS Business Parks, Inc.
PSB
| $24.3M | 0.06% |
241,971
+219,959
| +999% | +$20.1M |
|
402
Pfizer
PFE
$160B
| $24.3M | 0.06% |
863,068
+234,376
| +37% | +$6.69M |
|
403
Canadian Pacific Kansas City
CP
$85B
| $24.2M | 0.06% |
912,350
+298,450
| +49% | +$7.27M |
|
|
WMGI
404
DELISTED
Wright Medical Group Inc
WMGI
| $24.2M | 0.06% |
1,457,286
+1,009,100
| +225% | +$18.7M |
|
405
Baxter International
BAX
$13.6B
| $24.2M | 0.06% |
588,323
+355,081
| +152% | +$13.5M |
|
406
Trane Technologies
TT
$99.8B
| $24.1M | 0.06% |
388,718
-748,367
| -66% | -$40.8M |
|
|
GPOR
407
DELISTED
Gulfport Energy Corp.
GPOR
| $24.1M | 0.06% |
849,381
-3,187,443
| -79% | -$84.1M |
|
408
Ford
F
$57.5B
| $24.1M | 0.06% |
1,782,686
-1,539,283
| -46% | -$19.4M |
|
|
NUAN
409
DELISTED
Nuance Communications, Inc.
NUAN
| $24M | 0.06% |
1,485,589
-627,981
| -30% | -$10.1M |
|
410
Lumen
LUMN
$6.13B
| $23.9M | 0.06% |
748,002
-1,169,080
| -61% | -$32.8M |
|
411
CALL
eBay
EBAY
$46.3B
| $23.9M | 0.06% |
+1,000,000
| New | +$24.3M |
|
412
National Fuel Gas
NFG
$7.84B
| $23.8M | 0.06% |
474,968
-62,268
| -12% | -$2.87M |
|
|
GWR
413
DELISTED
Genesee & Wyoming Inc.
GWR
| $23.8M | 0.06% |
378,941
-1,565
| -0.4% | -$85.8K |
|
|
MBLY
414
DELISTED
Mobileye N.V.
MBLY
| $23.7M | 0.06% |
636,051
+4,621
| +0.7% | +$147K |
|
415
A.O. Smith
AOS
$8.57B
| $23.7M | 0.06% |
620,228
-345,824
| -36% | -$12.1M |
|
416
Lazard
LAZ
$4.3B
| $23.6M | 0.06% |
608,411
+437,511
| +256% | +$15.7M |
|
|
STI
417
DELISTED
SunTrust Banks, Inc.
STI
| $23.5M | 0.06% |
651,396
-232,049
| -26% | -$8.36M |
|
418
Pacira BioSciences
PCRX
$983M
| $23.5M | 0.06% |
443,400
+22,014
| +5% | +$1.29M |
|
|
TWTR
419
DELISTED
Twitter, Inc.
TWTR
| $23.5M | 0.06% |
1,418,576
+922,462
| +186% | +$16.2M |
|
|
MDR
420
DELISTED
McDermott International
MDR
| $23.4M | 0.06% |
1,904,038
+1,249,646
| +191% | +$11.9M |
|
421
Hope Bancorp
HOPE
$1.78B
| $23.3M | 0.06% |
1,533,138
-48,610
| -3% | -$727K |
|
422
Arthur J. Gallagher & Co
AJG
$67.6B
| $23.2M | 0.06% |
522,427
-135,457
| -21% | -$5.41M |
|
423
Affiliated Managers Group
AMG
$9.21B
| $23.2M | 0.06% |
143,040
+21,602
| +18% | +$3.01M |
|
424
Weyerhaeuser
WY
$17.6B
| $23.2M | 0.06% |
749,701
+713,777
| +1,987% | +$19.1M |
|
425
CALL
iShares MSCI Japan ETF
EWJ
$22.4B
| $23.2M | 0.06% |
+508,475
| New | +$22.9M |
|
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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.