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 | |
|---|---|---|---|---|---|---|
1551
iShares MSCI USA Min Vol Factor ETF
USMV
$24.3B
| $3.05M | 0.01% |
69,500
+53,938
| +347% | +$2.24M |
|
1552
Omnicell
OMCL
$1.56B
| $3.05M | 0.01% |
109,416
+99,367
| +989% | +$2.73M |
|
|
ERF
1553
DELISTED
Enerplus Corporation
ERF
| $3.05M | 0.01% |
775,322
-143,385
| -16% | -$445K |
|
|
FRGI
1554
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $3.04M | 0.01% |
92,798
-81,521
| -47% | -$2.87M |
|
1555
Cboe Global Markets
CBOE
$32B
| $3.04M | 0.01% |
46,492
-91,883
| -66% | -$5.86M |
|
1556
Qorvo
QRVO
$8.17B
| $3.03M | 0.01% |
60,157
-603,402
| -91% | -$26.3M |
|
|
BFS
1557
Saul Centers
BFS
$836M
| $3.02M | 0.01% |
57,060
+26,821
| +89% | +$1.35M |
|
1558
Coca-Cola Consolidated
COKE
$12.8B
| $3.02M | 0.01% |
189,320
-143,920
| -43% | -$2.45M |
|
1559
SK Telecom
SKM
$15.1B
| $3.02M | 0.01% |
90,935
+52,474
| +136% | +$1.7M |
|
|
BITA
1560
DELISTED
Bitauto Holdings Limited
BITA
| $3M | 0.01% |
121,070
+51,519
| +74% | +$1.13M |
|
|
KATE
1561
DELISTED
Kate Spade & Company
KATE
| $2.99M | 0.01% |
117,317
-59,903
| -34% | -$1.18M |
|
|
ALE
1562
DELISTED
Allete
ALE
| $2.99M | 0.01% |
+53,358
| New | +$2.84M |
|
|
QEP
1563
CALL
DELISTED
QEP RESOURCES, INC.
QEP
| $2.99M | 0.01% |
211,600
-843,700
| -80% | -$9.76M |
|
1564
MasTec
MTZ
$20.6B
| $2.98M | 0.01% |
+147,058
| New | +$2.41M |
|
1565
Corpay
CPAY
$27B
| $2.97M | 0.01% |
19,980
+5,750
| +40% | +$747K |
|
|
RUTH
1566
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.97M | 0.01% |
161,260
+83,225
| +107% | +$1.39M |
|
1567
NorthWestern Energy
NWE
$4.32B
| $2.96M | 0.01% |
+48,013
| New | +$2.77M |
|
1568
Cousins Properties
CUZ
$4.94B
| $2.96M | 0.01% |
101,046
-456,158
| -82% | -$11.6M |
|
1569
Banc of California
BANC
$2.94B
| $2.96M | 0.01% |
169,075
+58,038
| +52% | +$876K |
|
1570
Chubb
CB
$132B
| $2.95M | 0.01% |
+24,775
| New | +$2.85M |
|
|
ESND
1571
DELISTED
Essendant Inc.
ESND
| $2.95M | 0.01% |
92,445
+85,955
| +1,324% | +$2.53M |
|
|
WWE
1572
PUT
DELISTED
World Wrestling Entertainment
WWE
| $2.95M | 0.01% |
167,100
-142,900
| -46% | -$2.43M |
|
1573
ACI Worldwide
ACIW
$5.25B
| $2.95M | 0.01% |
141,714
-40,555
| -22% | -$763K |
|
1574
AMERISAFE
AMSF
$488M
| $2.94M | 0.01% |
55,982
+39,841
| +247% | +$2.01M |
|
1575
Adeia
ADEA
$2.9B
| $2.94M | 0.01% |
357,989
-793,528
| -69% | -$6.05M |
|
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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.