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 | |
|---|---|---|---|---|---|---|
876
Live Nation Entertainment
LYV
$43B
| $9.35M | 0.02% |
418,905
+3,232
| +0.8% | +$70.6K |
|
877
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $9.33M | 0.02% |
137,664
-39,951
| -22% | -$2.68M |
|
|
TIVO
878
DELISTED
Tivo Inc
TIVO
| $9.33M | 0.02% |
454,951
+397,966
| +698% | +$7.91M |
|
879
Coty
COTY
$2.46B
| $9.3M | 0.02% |
334,293
-34,614
| -9% | -$906K |
|
880
Huntsman Corp
HUN
$1.68B
| $9.3M | 0.02% |
699,284
-481,560
| -41% | -$4.97M |
|
881
Vale
VALE
$64B
| $9.29M | 0.02% |
2,206,027
+2,004,408
| +994% | +$6.23M |
|
|
VMRK
882
Vivmark Residential
VMRK
$25.5B
| $9.2M | 0.02% |
122,548
-478,988
| -80% | -$35.8M |
|
883
Pultegroup
PHM
$24.7B
| $9.18M | 0.02% |
+490,686
| New | +$8.37M |
|
884
TAL Education Group
TAL
$6.37B
| $9.18M | 0.02% |
+1,108,158
| New | +$8.86M |
|
885
Micron Technology
MU
$1.03T
| $9.17M | 0.02% |
876,150
-2,230,598
| -72% | -$24.9M |
|
886
Gray Television
GTN
$507M
| $9.17M | 0.02% |
782,559
-904,014
| -54% | -$11.1M |
|
887
Honda
HMC
$42.3B
| $9.16M | 0.02% |
334,954
+152,021
| +83% | +$4.17M |
|
888
Lamar Advertising Co
LAMR
$15.5B
| $9.15M | 0.02% |
148,848
+89,345
| +150% | +$5.1M |
|
889
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $9.15M | 0.02% |
165,000
-85,000
| -34% | -$4.39M |
|
|
OPB
890
DELISTED
Opus Bank Common Stock
OPB
| $9.15M | 0.02% |
269,163
-78,487
| -23% | -$2.58M |
|
|
TSS
891
DELISTED
Total System Services, Inc.
TSS
| $9.15M | 0.02% |
192,314
-293,403
| -60% | -$12.8M |
|
|
FMBI
892
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $9.15M | 0.02% |
507,610
-800,122
| -61% | -$13.8M |
|
|
IMS
893
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $9.14M | 0.02% |
344,370
+98,687
| +40% | +$2.45M |
|
894
Upbound Group
UPBD
$1.12B
| $9.12M | 0.02% |
575,543
+447,144
| +348% | +$5.97M |
|
895
Olin
OLN
$2B
| $9.1M | 0.02% |
523,674
-981,109
| -65% | -$15.2M |
|
896
Synaptics
SYNA
$3.66B
| $9.07M | 0.02% |
113,745
+96,051
| +543% | +$7.28M |
|
|
AET
897
DELISTED
Aetna Inc
AET
| $9.06M | 0.02% |
80,680
-78,112
| -49% | -$8.36M |
|
|
HW
898
DELISTED
Headwaters Inc
HW
| $9.04M | 0.02% |
455,493
+29,659
| +7% | +$497K |
|
899
RPC Inc
RES
$1.37B
| $9.01M | 0.02% |
+635,129
| New | +$8.06M |
|
900
PUT
FirstEnergy
FE
$26.9B
| $8.99M | 0.02% |
+250,000
| New | +$8.4M |
|
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.