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 | |
|---|---|---|---|---|---|---|
|
PX
976
CALL
DELISTED
Praxair Inc
PX
| $7.8M | 0.02% |
68,200
+3,200
| +5% | +$334K |
|
|
SDRL
977
DELISTED
Seadrill Limited Common Stock
SDRL
| $7.8M | 0.02% |
8,829
+4,004
| +83% | +$2.89M |
|
|
MRO
978
PUT
DELISTED
Marathon Oil Corporation
MRO
| $7.8M | 0.02% |
+700,000
| New | +$6.54M |
|
|
XEC
979
DELISTED
CIMAREX ENERGY CO
XEC
| $7.79M | 0.02% |
80,100
-594,107
| -88% | -$52.2M |
|
980
Greif
GEF
$4.89B
| $7.79M | 0.02% |
237,755
+71,773
| +43% | +$1.98M |
|
981
CALL
PBF Energy
PBF
$8.24B
| $7.77M | 0.02% |
234,000
+13,600
| +6% | +$435K |
|
982
Lincoln National
LNC
$8.11B
| $7.77M | 0.02% |
198,160
-1,258,225
| -86% | -$49.1M |
|
983
HF Sinclair
DINO
$16.9B
| $7.76M | 0.02% |
219,732
-4,372,416
| -95% | -$151M |
|
|
CNCE
984
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $7.76M | 0.02% |
567,868
-347,757
| -38% | -$5.01M |
|
985
Sensata Technologies
ST
$6.11B
| $7.75M | 0.02% |
+199,533
| New | +$7.23M |
|
|
CNR
986
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $7.74M | 0.02% |
545,004
-419,589
| -43% | -$4.69M |
|
|
LHCG
987
DELISTED
LHC Group LLC
LHCG
| $7.73M | 0.02% |
217,425
+86,024
| +65% | +$3.17M |
|
988
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $7.72M | 0.02% |
145,423
-325,960
| -69% | -$16.6M |
|
989
E.W. Scripps
SSP
$308M
| $7.71M | 0.02% |
494,767
+469,434
| +1,853% | +$8.25M |
|
990
Four Corners Property Trust
FCPT
$2.8B
| $7.7M | 0.02% |
428,980
-69,951
| -14% | -$1.17M |
|
991
CALL
Deere & Co
DE
$175B
| $7.7M | 0.02% |
+100,000
| New | +$7.83M |
|
992
Ethan Allen Interiors
ETD
$592M
| $7.68M | 0.02% |
241,472
+104,977
| +77% | +$2.93M |
|
|
LBRDK
993
DELISTED
Liberty Broadband Class C
LBRDK
| $7.68M | 0.02% |
132,464
+127,630
| +2,640% | +$6.41M |
|
|
TLMR
994
DELISTED
TALMER BANCORP INC (MI)
TLMR
| $7.67M | 0.02% |
423,915
+145,171
| +52% | +$2.45M |
|
995
Hubbell
HUBB
$24.7B
| $7.66M | 0.02% |
72,350
-87,768
| -55% | -$8.38M |
|
996
MGIC Investment
MTG
$6.38B
| $7.66M | 0.02% |
998,504
+832,675
| +502% | +$5.96M |
|
997
La-Z-Boy
LZB
$1.29B
| $7.65M | 0.02% |
286,010
+128,145
| +81% | +$3M |
|
998
Southern Company
SO
$104B
| $7.64M | 0.02% |
147,721
-817,279
| -85% | -$39.8M |
|
999
Toronto Dominion Bank
TD
$193B
| $7.63M | 0.02% |
176,917
-706,453
| -80% | -$27.3M |
|
1000
Barclays
BCS
$90.7B
| $7.57M | 0.02% |
936,659
+360,988
| +63% | +$3.36M |
|
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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.