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 | |
|---|---|---|---|---|---|---|
|
PTLA
1126
CALL
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $6.22M | 0.02% |
+305,000
| New | +$9.68M |
|
1127
Watts Water Technologies
WTS
$12.4B
| $6.21M | 0.02% |
112,685
+42,086
| +60% | +$2.12M |
|
1128
PUT
Signet Jewelers
SIG
$3.24B
| $6.2M | 0.02% |
+50,000
| New | +$5.69M |
|
|
TMH
1129
DELISTED
Team Health Holdings Inc
TMH
| $6.17M | 0.02% |
147,676
-306,419
| -67% | -$12.5M |
|
1130
Archrock
AROC
$5.38B
| $6.17M | 0.02% |
771,650
-1,552,230
| -67% | -$8.63M |
|
1131
Coeur Mining
CDE
$21.5B
| $6.17M | 0.02% |
1,098,256
-1,225,371
| -53% | -$4.24M |
|
|
CHK
1132
DELISTED
Chesapeake Energy Corporation
CHK
| $6.15M | 0.02% |
+7,464
| New | +$5.29M |
|
1133
U-Haul Holding Co
UHAL
$13.8B
| $6.13M | 0.02% |
171,640
+95,840
| +126% | +$3.33M |
|
|
SNP
1134
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $6.13M | 0.02% |
94,135
-11,128
| -11% | -$642K |
|
|
EOCC
1135
DELISTED
Enel Generacion Chile S.A.
EOCC
| $6.13M | 0.02% |
212,968
-22,537
| -10% | -$609K |
|
1136
Canadian Natural Resources
CNQ
$104B
| $6.11M | 0.02% |
468,157
+435,267
| +1,323% | +$4.64M |
|
|
RAD
1137
DELISTED
Rite Aid Corporation
RAD
| $6.1M | 0.02% |
37,442
-9,518
| -20% | -$1.5M |
|
|
VSTO
1138
DELISTED
Vista Outdoor Inc.
VSTO
| $6.1M | 0.02% |
117,456
+27,413
| +30% | +$1.32M |
|
|
BGG
1139
DELISTED
Briggs & Stratton Corp.
BGG
| $6.03M | 0.02% |
252,204
+97,589
| +63% | +$2.01M |
|
|
S
1140
DELISTED
Sprint Corporation
S
| $6.03M | 0.02% |
+1,733,332
| New | +$5.54M |
|
1141
Selective Insurance
SIGI
$5.52B
| $6.03M | 0.02% |
164,748
-50,752
| -24% | -$1.68M |
|
1142
Belden
BDC
$4.56B
| $6.01M | 0.02% |
97,961
-104,420
| -52% | -$5.15M |
|
|
ORAN
1143
DELISTED
Orange
ORAN
| $6.01M | 0.02% |
+345,694
| New | +$5.97M |
|
|
BKI
1144
DELISTED
Black Knight, Inc. Common Stock
BKI
| $6M | 0.02% |
193,439
+80,710
| +72% | +$2.37M |
|
|
PDCE
1145
DELISTED
PDC Energy, Inc.
PDCE
| $6M | 0.02% |
100,843
-1,035,099
| -91% | -$54M |
|
1146
Packaging Corp of America
PKG
$22.2B
| $5.99M | 0.02% |
99,208
+79,416
| +401% | +$4.25M |
|
1147
Arista Networks
ANET
$237B
| $5.99M | 0.02% |
1,517,984
+1,344,096
| +773% | +$5.26M |
|
1148
LCI Industries
LCII
$2.54B
| $5.99M | 0.02% |
92,841
+87,791
| +1,738% | +$5.16M |
|
|
AFSI
1149
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $5.98M | 0.01% |
231,019
+177,073
| +328% | +$4.71M |
|
1150
Armstrong World Industries
AWI
$7.53B
| $5.97M | 0.01% |
123,425
-982,726
| -89% | -$40.3M |
|
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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.