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 | |
|---|---|---|---|---|---|---|
426
Outfront Media
OUT
$5.25B
| $23M | 0.06% |
1,108,955
+787,456
| +245% | +$16M |
|
427
J.M. Smucker
SJM
$13.3B
| $22.9M | 0.06% |
176,433
-238,041
| -57% | -$30M |
|
|
VMW
428
DELISTED
VMware, Inc
VMW
| $22.9M | 0.06% |
437,417
-181,353
| -29% | -$8.98M |
|
429
Cirrus Logic
CRUS
$5.78B
| $22.9M | 0.06% |
+628,154
| New | +$20.4M |
|
430
Flotek Industries
FTK
$894M
| $22.8M | 0.06% |
519,075
-96,703
| -16% | -$4.25M |
|
431
LKQ Corp
LKQ
$6.52B
| $22.8M | 0.06% |
714,711
+255,802
| +56% | +$7.13M |
|
|
EVHC
432
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $22.8M | 0.06% |
373,268
+40,805
| +12% | +$2.68M |
|
433
D.R. Horton
DHI
$41.5B
| $22.8M | 0.06% |
753,744
-471,189
| -38% | -$12.9M |
|
|
SPNC
434
DELISTED
Spectranetics Corp
SPNC
| $22.8M | 0.06% |
1,569,180
-139,026
| -8% | -$1.92M |
|
435
Norwegian Cruise Line
NCLH
$7.92B
| $22.8M | 0.06% |
411,814
-553,862
| -57% | -$26.7M |
|
436
CSX Corp
CSX
$95.6B
| $22.8M | 0.06% |
2,652,303
-5,024,946
| -65% | -$40.7M |
|
437
Murphy USA
MUSA
$10.5B
| $22.7M | 0.06% |
369,441
+231,954
| +169% | +$14.3M |
|
|
JNPR
438
DELISTED
Juniper Networks
JNPR
| $22.7M | 0.06% |
888,708
-3,395,342
| -79% | -$84.9M |
|
439
O'Reilly Automotive
ORLY
$72.1B
| $22.6M | 0.06% |
1,240,350
-2,227,755
| -64% | -$38M |
|
|
TCF
440
DELISTED
TCF Financial Corporation Common Stock
TCF
| $22.5M | 0.06% |
631,490
-13,034
| -2% | -$434K |
|
|
AMTD
441
DELISTED
TD Ameritrade Holding Corp
AMTD
| $22.4M | 0.06% |
709,018
+121,156
| +21% | +$3.57M |
|
442
Textron
TXT
$14.3B
| $22.4M | 0.06% |
613,121
-708,623
| -54% | -$24.9M |
|
|
NXTM
443
DELISTED
NxStage Medical Inc.
NXTM
| $22.3M | 0.06% |
1,490,591
+156,686
| +12% | +$2.63M |
|
444
Federal Realty Investment Trust
FRT
$10.1B
| $22.2M | 0.06% |
+142,502
| New | +$21.3M |
|
445
News Corp Class A
NWSA
$16.4B
| $22.2M | 0.06% |
1,739,796
-131,609
| -7% | -$1.56M |
|
446
Cencora
COR
$60.7B
| $22.1M | 0.06% |
255,776
-182,639
| -42% | -$16.3M |
|
|
HOUS
447
DELISTED
Anywhere Real Estate
HOUS
| $22M | 0.06% |
610,079
-329,128
| -35% | -$10.8M |
|
448
Bank OZK
OZK
$5.39B
| $22M | 0.06% |
523,987
+435,630
| +493% | +$18.3M |
|
449
Eaton
ETN
$163B
| $22M | 0.05% |
351,346
-403,340
| -53% | -$22.3M |
|
450
CALL
Invesco QQQ Trust
QQQ
$487B
| $21.8M | 0.05% |
+200,000
| New | +$20.8M |
|
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.