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 |
Amazon
AMZN
|
+$278M |
| 2 |
Charter Communications
CHTR
|
+$218M |
| 3 |
Exelon
EXC
|
+$197M |
| 4 |
Halliburton
HAL
|
+$192M |
| 5 |
AET
Aetna Inc
AET
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$241M |
| 2 |
DISH
DISH Network Corp.
DISH
|
+$235M |
| 3 |
Expedia Group
EXPE
|
+$188M |
| 4 |
AT&T
T
|
+$181M |
| 5 |
WR
Westar Energy Inc
WR
|
+$172M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.7% |
| 2 | Energy | 10.37% |
| 3 | Financials | 9.65% |
| 4 | Technology | 8.63% |
| 5 | Industrials | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Alaska Air
ALK
$4.51B
| $72.4M | 0.17% |
+1,242,368
| New | +$85.8M |
|
|
GAS
127
DELISTED
AGL Resources Inc
GAS
| $71.9M | 0.16% |
1,090,172
+1,015,792
| +1,366% | +$66.7M |
|
128
JetBlue
JBLU
$1.85B
| $71.6M | 0.16% |
4,326,235
+3,456,331
| +397% | +$64.2M |
|
129
Western Alliance Bancorporation
WAL
$8.69B
| $70M | 0.16% |
2,144,968
+254,006
| +13% | +$8.92M |
|
|
AIV
130
Aimco
AIV
$381M
| $69.9M | 0.16% |
11,886,597
+5,826,512
| +96% | +$32.2M |
|
131
T-Mobile US
TMUS
$196B
| $69.8M | 0.16% |
1,613,339
+913,688
| +131% | +$37.5M |
|
|
PX
132
DELISTED
Praxair Inc
PX
| $69.7M | 0.16% |
620,560
+512,508
| +474% | +$58.1M |
|
133
Jazz Pharmaceuticals
JAZZ
$16.5B
| $69.7M | 0.16% |
492,890
+426,615
| +644% | +$62.9M |
|
|
MBLY
134
DELISTED
Mobileye N.V.
MBLY
| $69.6M | 0.16% |
1,508,672
+872,621
| +137% | +$33.4M |
|
135
Wintrust Financial
WTFC
$10.3B
| $69M | 0.16% |
1,352,114
+424,313
| +46% | +$21.2M |
|
136
Procter & Gamble
PG
$336B
| $68.7M | 0.16% |
811,813
-134,431
| -14% | -$11M |
|
|
AVB
137
DELISTED
AvalonBay Communities
AVB
| $68.4M | 0.16% |
379,430
+216,566
| +133% | +$39M |
|
138
Icon
ICLR
$13.3B
| $68.1M | 0.16% |
972,148
+733,117
| +307% | +$50.3M |
|
139
Hartford Financial Services
HIG
$36.9B
| $68.1M | 0.16% |
1,533,454
+1,511,673
| +6,940% | +$67.5M |
|
140
Keurig Dr Pepper
KDP
$43.6B
| $68M | 0.16% |
704,227
-73,327
| -9% | -$6.73M |
|
141
NXP Semiconductors
NXPI
$56.9B
| $65M | 0.15% |
829,972
-761,468
| -48% | -$65.3M |
|
|
ATVI
142
DELISTED
Activision Blizzard
ATVI
| $64.7M | 0.15% |
1,633,730
+806,004
| +97% | +$29.6M |
|
143
MGM Resorts International
MGM
$11B
| $64.2M | 0.15% |
2,835,720
+1,671,407
| +144% | +$38M |
|
144
Macy's
M
$6B
| $63.4M | 0.15% |
1,887,422
+1,515,719
| +408% | +$54.3M |
|
145
PVH
PVH
$3.62B
| $63.4M | 0.15% |
672,781
+75,363
| +13% | +$7.08M |
|
|
ATHN
146
DELISTED
Athenahealth, Inc.
ATHN
| $63.3M | 0.14% |
458,427
+69,375
| +18% | +$9.18M |
|
147
Universal Health Services
UHS
$10.4B
| $63.1M | 0.14% |
470,458
-175,931
| -27% | -$23.2M |
|
148
Axalta
AXTA
$7.75B
| $62.3M | 0.14% |
2,346,736
+1,261,197
| +116% | +$35.7M |
|
149
Regency Centers
REG
$13.9B
| $62.2M | 0.14% |
742,420
-269,725
| -27% | -$20.8M |
|
|
SEMG
150
DELISTED
SEMGROUP CORPORATION
SEMG
| $62M | 0.14% |
1,904,721
+1,546,925
| +432% | +$44.9M |
|
Similar funds
Israel Englander's Q2 2016 Portfolio in Review
As of Q2 2016, Israel Englander held 3,988 positions worth $43.7B, up 9.2% from $40B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander deployed $1.99B of net new capital in Q2 2016, opening 776 new positions and adding to 1,172 existing holdings. Its largest new stake was Amazon: 8,232,420 shares worth $295M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 13% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Yahoo Inc, an estimated $241M trimmed.
- Israel Englander's largest Q2 2016 buy was Amazon: 8,232,420 shares worth $295M.
- Israel Englander added most to Charter Communications in Q2 2016, an estimated $218M increase.
- Israel Englander's biggest Q2 2016 reduction was Yahoo Inc, cutting an estimated $241M.
- Israel Englander fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $108M.
- Israel Englander's ten largest holdings make up 11% of its $43.7B portfolio in Q2 2016.
- Israel Englander opened 776 new positions and closed 860 in Q2 2016.
- Israel Englander's portfolio value rose 9.2% quarter-over-quarter to $43.7B.
Based on Millennium Management's 13F filing for Q2 2016, filed 15 Aug 2016.