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 | |
|---|---|---|---|---|---|---|
|
AHRT
1351
AH Realty Trust
AHRT
$502M
| $4.19M | 0.01% |
372,159
+168,880
| +83% | +$1.8M |
|
|
AXON
1352
Axon Enterprise
AXON
$48.5B
| $4.18M | 0.01% |
213,121
+71,578
| +51% | +$1.23M |
|
|
CZZ
1353
DELISTED
Cosan Limited
CZZ
| $4.18M | 0.01% |
850,319
+362,183
| +74% | +$1.27M |
|
1354
Pampa Energía
PAM
$4.32B
| $4.17M | 0.01% |
194,580
+162,080
| +499% | +$3.39M |
|
|
GHL
1355
DELISTED
Greenhill & Co., Inc.
GHL
| $4.17M | 0.01% |
+187,691
| New | +$4.3M |
|
1356
iShares S&P 500 Growth ETF
IVW
$75.6B
| $4.16M | 0.01% |
143,548
+86,768
| +153% | +$2.39M |
|
|
FOE
1357
DELISTED
Ferro Corporation
FOE
| $4.15M | 0.01% |
349,808
-633,054
| -64% | -$6.35M |
|
1358
iShares National Muni Bond ETF
MUB
$45.6B
| $4.15M | 0.01% |
+37,150
| New | +$4.13M |
|
1359
Babcock & Wilcox
BW
$1.15B
| $4.15M | 0.01% |
19,379
+1,275
| +7% | +$254K |
|
|
LTRPA
1360
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $4.14M | 0.01% |
187,035
+98,790
| +112% | +$2.17M |
|
1361
Alamo Group
ALG
$2.01B
| $4.14M | 0.01% |
74,392
+47,430
| +176% | +$2.52M |
|
1362
Jefferies Financial Group
JEF
$12B
| $4.13M | 0.01% |
285,385
-47,411
| -14% | -$667K |
|
1363
CALL
First Solar
FSLR
$22.4B
| $4.11M | 0.01% |
+60,000
| New | +$4.02M |
|
|
OSG
1364
Octave Specialty Group
OSG
$204M
| $4.11M | 0.01% |
259,890
-403,461
| -61% | -$5.84M |
|
|
WRI
1365
DELISTED
Weingarten Realty Investors
WRI
| $4.1M | 0.01% |
109,242
-226,894
| -68% | -$7.99M |
|
1366
PUT
CarMax
KMX
$8.91B
| $4.09M | 0.01% |
80,000
-45,000
| -36% | -$2.12M |
|
|
WNS
1367
DELISTED
WNS Holdings
WNS
| $4.08M | 0.01% |
133,203
-104,978
| -44% | -$3M |
|
1368
1-800-Flowers.com
FLWS
$249M
| $4.06M | 0.01% |
+514,902
| New | +$3.86M |
|
|
CWEI
1369
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $4.05M | 0.01% |
453,877
-252,137
| -36% | -$3.68M |
|
1370
Clearway Energy Class C
CWEN
$6.63B
| $4.05M | 0.01% |
284,298
-665,865
| -70% | -$8.77M |
|
|
CLC
1371
DELISTED
Clarcor
CLC
| $4.05M | 0.01% |
+70,012
| New | +$3.45M |
|
|
ARRY
1372
DELISTED
Array Biopharma Inc
ARRY
| $4.03M | 0.01% |
1,366,105
-3,707,884
| -73% | -$11.1M |
|
1373
Quad
QUAD
$528M
| $4.02M | 0.01% |
+310,512
| New | +$3.36M |
|
1374
Nomad Foods
NOMD
$1.69B
| $4.02M | 0.01% |
+445,862
| New | +$3.76M |
|
|
TECD
1375
DELISTED
Tech Data Corp
TECD
| $4.01M | 0.01% |
52,222
+48,152
| +1,183% | +$3.3M |
|
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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.