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 | |
|---|---|---|---|---|---|---|
851
SPS Commerce
SPSC
$2.93B
| $9.68M | 0.02% |
+450,996
| New | +$11.3M |
|
|
FL
852
CALL
DELISTED
Foot Locker
FL
| $9.68M | 0.02% |
+150,000
| New | +$9.73M |
|
|
DNY
853
DELISTED
DONNELLEY R R & SONS CO
DNY
| $9.66M | 0.02% |
589,171
+548,158
| +1,337% | +$8.99M |
|
854
Celldex Therapeutics
CLDX
$3.19B
| $9.64M | 0.02% |
170,036
+149,409
| +724% | +$16.8M |
|
855
Marriott International
MAR
$93.9B
| $9.64M | 0.02% |
135,421
-54,852
| -29% | -$3.59M |
|
856
STAG Industrial
STAG
$7.14B
| $9.64M | 0.02% |
473,394
+357,668
| +309% | +$6.32M |
|
857
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $9.63M | 0.02% |
+388,000
| New | +$8.96M |
|
858
YPF Sociedad Anonima ADS
YPF
$20.1B
| $9.62M | 0.02% |
538,240
-16,668
| -3% | -$276K |
|
859
Albany International
AIN
$1.66B
| $9.59M | 0.02% |
255,222
+91,001
| +55% | +$3.21M |
|
860
Evertec
EVTC
$1.77B
| $9.58M | 0.02% |
685,458
+355,112
| +107% | +$4.8M |
|
861
Mueller Water Products
MWA
$3.93B
| $9.57M | 0.02% |
968,729
+175,280
| +22% | +$1.5M |
|
862
Air Products & Chemicals
APD
$68.2B
| $9.56M | 0.02% |
71,767
-246,709
| -77% | -$29.8M |
|
|
CKP
863
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $9.56M | 0.02% |
944,758
+734,793
| +350% | +$5.61M |
|
864
CALL
Colgate-Palmolive
CL
$73.8B
| $9.54M | 0.02% |
+135,000
| New | +$8.98M |
|
|
MGLN
865
DELISTED
Magellan Health Services, Inc.
MGLN
| $9.54M | 0.02% |
140,372
+51,102
| +57% | +$3.07M |
|
866
Pilgrim's Pride
PPC
$7.57B
| $9.5M | 0.02% |
+373,910
| New | +$8.68M |
|
|
TGNA
867
DELISTED
TEGNA Inc
TGNA
| $9.47M | 0.02% |
+630,906
| New | +$9.59M |
|
868
ResMed
RMD
$33.5B
| $9.46M | 0.02% |
163,659
+157,928
| +2,756% | +$8.94M |
|
869
Accuray
ARAY
$32.4M
| $9.41M | 0.02% |
1,627,722
-1,022,255
| -39% | -$5.66M |
|
870
NETGEAR
NTGR
$563M
| $9.4M | 0.02% |
232,969
-30,702
| -12% | -$1.18M |
|
|
LHO
871
DELISTED
LaSalle Hotel Properties
LHO
| $9.4M | 0.02% |
371,558
+351,524
| +1,755% | +$8.34M |
|
|
TDAY
872
USA Today Co
TDAY
$941M
| $9.4M | 0.02% |
564,683
+245,537
| +77% | +$4.01M |
|
873
Acadia Pharmaceuticals
ACAD
$5.11B
| $9.39M | 0.02% |
335,955
-122,830
| -27% | -$2.68M |
|
874
PUT
CNX Resources
CNX
$5.4B
| $9.39M | 0.02% |
998,160
+960,000
| +2,516% | +$6.98M |
|
|
B
875
DELISTED
Barnes Group Inc.
B
| $9.38M | 0.02% |
267,885
+205,571
| +330% | +$6.81M |
|
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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.