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 | |
|---|---|---|---|---|---|---|
626
ArcelorMittal
MT
$54.7B
| $14.5M | 0.04% |
+1,054,298
| New | +$10.2M |
|
|
TUMI
627
DELISTED
TUMI HLDGS INC COM
TUMI
| $14.4M | 0.04% |
+538,793
| New | +$10.9M |
|
|
QGENF
628
DELISTED
QIAGEN NV
QGENF
| $14.4M | 0.04% |
646,211
+599,049
| +1,270% | +$13.4M |
|
629
Dave & Buster's
PLAY
$359M
| $14.4M | 0.04% |
372,011
-159,652
| -30% | -$5.84M |
|
|
VAL
630
DELISTED
Valspar
VAL
| $14.4M | 0.04% |
134,690
+52,084
| +63% | +$4.3M |
|
|
FRAN
631
DELISTED
Francesca's Holdings Corporation
FRAN
| $14.4M | 0.04% |
62,651
+53,877
| +614% | +$11.6M |
|
632
Eldorado Gold
EGO
$12B
| $14.4M | 0.04% |
910,183
+854,137
| +1,524% | +$12.4M |
|
633
Sociedad Química y Minera de Chile
SQM
$23.4B
| $14.3M | 0.04% |
712,153
+151,309
| +27% | +$2.61M |
|
634
BioMarin Pharmaceuticals
BMRN
$12.6B
| $14.2M | 0.04% |
172,706
-777,441
| -82% | -$63.3M |
|
635
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $14.2M | 0.04% |
415,718
+280,919
| +208% | +$8.7M |
|
636
PUT
Marriott International
MAR
$93.3B
| $14.2M | 0.04% |
+200,000
| New | +$13.1M |
|
|
DCH
637
Dauch Corp
DCH
$1.53B
| $14.2M | 0.04% |
920,845
+295,794
| +47% | +$4.26M |
|
|
ABMD
638
DELISTED
Abiomed Inc
ABMD
| $14.1M | 0.04% |
148,369
+75,880
| +105% | +$6.41M |
|
|
DATA
639
DELISTED
Tableau Software, Inc.
DATA
| $14.1M | 0.04% |
306,352
+294,839
| +2,561% | +$17.1M |
|
|
MSGN
640
DELISTED
MSG Networks Inc.
MSGN
| $14M | 0.04% |
812,500
+63,173
| +8% | +$1.1M |
|
641
Golar LNG
GLNG
$5.27B
| $13.9M | 0.03% |
775,906
-165,756
| -18% | -$2.83M |
|
642
Rio Tinto
RIO
$170B
| $13.9M | 0.03% |
492,809
-861,817
| -64% | -$22.9M |
|
643
Teradata
TDC
$2.55B
| $13.9M | 0.03% |
+529,659
| New | +$13.1M |
|
644
PUT
Hershey
HSY
$38.1B
| $13.8M | 0.03% |
+150,000
| New | +$13.4M |
|
|
ARGO
645
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $13.8M | 0.03% |
304,214
+49,047
| +19% | +$2.17M |
|
646
PENN Entertainment
PENN
$2.44B
| $13.8M | 0.03% |
826,700
-1,031,061
| -56% | -$14.8M |
|
647
AbbVie
ABBV
$469B
| $13.8M | 0.03% |
+241,405
| New | +$13.5M |
|
648
Annaly Capital Management
NLY
$17.5B
| $13.8M | 0.03% |
+335,933
| New | +$13.2M |
|
649
PUT
APA Corp
APA
$14.8B
| $13.8M | 0.03% |
281,700
+176,100
| +167% | +$7.32M |
|
650
Enerpac Tool Group
EPAC
$1.89B
| $13.7M | 0.03% |
555,259
+229,697
| +71% | +$5.29M |
|
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.