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 | |
|---|---|---|---|---|---|---|
1726
Federal Signal
FSS
$7.36B
| $2.16M | 0.01% |
162,923
-154,108
| -49% | -$2.12M |
|
1727
Opko Health
OPK
$1.11B
| $2.16M | 0.01% |
207,798
-165,866
| -44% | -$1.52M |
|
1728
Rayonier Advanced Materials
RYAM
$582M
| $2.16M | 0.01% |
227,283
-22,004
| -9% | -$174K |
|
|
IDTI
1729
DELISTED
Integrated Device Technology I
IDTI
| $2.16M | 0.01% |
105,632
-153,407
| -59% | -$3.22M |
|
|
TRQ
1730
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $2.15M | 0.01% |
84,557
+14,725
| +21% | +$333K |
|
|
UNTD
1731
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $2.15M | 0.01% |
185,982
-73,100
| -28% | -$820K |
|
|
AEGR
1732
DELISTED
Aegerion Pharmaceuticals
AEGR
| $2.15M | 0.01% |
579,635
-963,727
| -62% | -$5.97M |
|
1733
CALL
Halliburton
HAL
$28.2B
| $2.14M | 0.01% |
60,000
+25,000
| +71% | +$816K |
|
|
ANAC
1734
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $2.14M | 0.01% |
40,100
-110,437
| -73% | -$8.15M |
|
1735
Southwest Gas
SWX
$6.45B
| $2.14M | 0.01% |
32,515
-128,249
| -80% | -$7.73M |
|
|
TTSH
1736
DELISTED
Tile Shop Holdings
TTSH
| $2.12M | 0.01% |
141,996
+7,339
| +5% | +$104K |
|
|
AEGN
1737
DELISTED
Aegion Corp
AEGN
| $2.12M | 0.01% |
100,381
-32,836
| -25% | -$614K |
|
1738
Martin Marietta Materials
MLM
$37.8B
| $2.12M | 0.01% |
13,267
-309,743
| -96% | -$42.6M |
|
|
CPPL
1739
DELISTED
Columbia Pipeline Partners LP
CPPL
| $2.11M | 0.01% |
+144,742
| New | +$2.22M |
|
|
BKCC
1740
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $2.11M | 0.01% |
223,990
+51,567
| +30% | +$460K |
|
|
WW
1741
CALL
DELISTED
WW International
WW
| $2.11M | 0.01% |
145,000
+95,000
| +190% | +$1.29M |
|
1742
Diageo
DEO
$52.7B
| $2.1M | 0.01% |
19,510
-111,371
| -85% | -$11.8M |
|
1743
Orion
OEC
$337M
| $2.1M | 0.01% |
149,074
+55,134
| +59% | +$693K |
|
|
PFC
1744
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.1M | 0.01% |
109,560
+29,256
| +36% | +$559K |
|
1745
KT
KT
$9.16B
| $2.1M | 0.01% |
156,567
-53,576
| -25% | -$646K |
|
1746
CALL
Celanese
CE
$4.89B
| $2.1M | 0.01% |
+32,000
| New | +$1.99M |
|
1747
Essential Utilities
WTRG
$11.6B
| $2.09M | 0.01% |
+65,814
| New | +$2.04M |
|
1748
PUT
Abbott
ABT
$201B
| $2.09M | 0.01% |
+50,000
| New | +$1.98M |
|
|
CSFL
1749
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $2.09M | 0.01% |
140,366
-17,855
| -11% | -$257K |
|
|
FCS
1750
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $2.09M | 0.01% |
104,304
-83,394
| -44% | -$1.69M |
|
Similar funds
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.