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 | |
|---|---|---|---|---|---|---|
476
DexCom
DXCM
$34.8B
| $20.3M | 0.05% |
1,194,396
-465,568
| -28% | -$7.78M |
|
|
HAWK
477
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $20.3M | 0.05% |
+590,681
| New | +$21.5M |
|
478
DTE Energy
DTE
$28.1B
| $20.2M | 0.05% |
262,252
-1,061,129
| -80% | -$76.7M |
|
479
L3Harris
LHX
$49.7B
| $20.2M | 0.05% |
259,619
-369,749
| -59% | -$29.6M |
|
480
Integra LifeSciences
IART
$1.3B
| $20.2M | 0.05% |
599,682
+144,502
| +32% | +$4.5M |
|
481
Labcorp
LH
$27.3B
| $20.1M | 0.05% |
199,370
-155,704
| -44% | -$14.9M |
|
|
IPXL
482
DELISTED
Impax Laboratories, Inc.
IPXL
| $19.9M | 0.05% |
622,858
-75,098
| -11% | -$2.64M |
|
|
ETFC
483
DELISTED
E*Trade Financial Corporation
ETFC
| $19.9M | 0.05% |
812,019
+685,597
| +542% | +$16.6M |
|
|
RDS.A
484
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $19.9M | 0.05% |
432,853
+12,599
| +3% | +$534K |
|
485
SolarEdge
SEDG
$1.9B
| $19.8M | 0.05% |
785,988
-530,183
| -40% | -$13.9M |
|
486
State Street Utilities Select Sector SPDR ETF
XLU
$22B
| $19.7M | 0.05% |
794,284
+90,528
| +13% | +$2.09M |
|
|
WUBA
487
DELISTED
58.com Inc
WUBA
| $19.6M | 0.05% |
353,084
+174,395
| +98% | +$9.63M |
|
488
IBM
IBM
$222B
| $19.6M | 0.05% |
135,633
-167
| -0.1% | -$21.3K |
|
|
CST
489
DELISTED
CST Brands, Inc.
CST
| $19.6M | 0.05% |
511,559
-696,306
| -58% | -$25.6M |
|
490
Ametek
AME
$54.9B
| $19.6M | 0.05% |
391,617
+386,717
| +7,892% | +$18.4M |
|
491
Regal Rexnord
RRX
$11.1B
| $19.5M | 0.05% |
309,418
-526,754
| -63% | -$29.5M |
|
492
Enovis
ENOV
$1.5B
| $19.5M | 0.05% |
396,352
+294,742
| +290% | +$12.5M |
|
493
Amdocs
DOX
$6.41B
| $19.5M | 0.05% |
+322,616
| New | +$18.1M |
|
494
CME Group
CME
$98.9B
| $19.5M | 0.05% |
202,504
-398,355
| -66% | -$36.2M |
|
|
TPH
495
DELISTED
Tri Pointe Homes
TPH
| $19.4M | 0.05% |
1,650,746
+44,408
| +3% | +$469K |
|
496
Ball Corp
BALL
$16.8B
| $19.4M | 0.05% |
545,322
+212,410
| +64% | +$7.24M |
|
497
Allegiant Air
ALGT
$2.24B
| $19.4M | 0.05% |
108,731
+66,801
| +159% | +$10.9M |
|
|
PMT
498
PennyMac Mortgage Investment
PMT
$815M
| $19.3M | 0.05% |
1,412,292
+526,550
| +59% | +$6.98M |
|
499
SL Green Realty
SLG
$4.07B
| $19.3M | 0.05% |
205,408
+11,268
| +6% | +$1.03M |
|
500
SBA Communications
SBAC
$19.4B
| $19.2M | 0.05% |
191,533
-172,249
| -47% | -$16.5M |
|
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.