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 | |
|---|---|---|---|---|---|---|
|
TGI
1926
CALL
DELISTED
Triumph Group
TGI
| $1.57M | ﹤0.01% |
+50,000
| New | +$1.52M |
|
1927
DHT Holdings
DHT
$3.09B
| $1.57M | ﹤0.01% |
273,113
-320,807
| -54% | -$1.91M |
|
|
DVAX
1928
DELISTED
Dynavax Technologies
DVAX
| $1.57M | ﹤0.01% |
81,771
-112,165
| -58% | -$2.27M |
|
1929
CALL
Kraft Heinz
KHC
$30B
| $1.57M | ﹤0.01% |
20,000
| – | – |
|
|
AHL
1930
DELISTED
ASPEN Insurance Holding Limited
AHL
| $1.57M | ﹤0.01% |
32,856
-168,239
| -84% | -$7.68M |
|
1931
Avnet
AVT
$7.19B
| $1.56M | ﹤0.01% |
35,252
-273,704
| -89% | -$11.2M |
|
1932
Chegg
CHGG
$87.9M
| $1.56M | ﹤0.01% |
350,184
+339,129
| +3,068% | +$1.72M |
|
|
OCRX
1933
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $1.56M | ﹤0.01% |
531,131
-2,663
| -0.5% | -$7.6K |
|
|
KNL
1934
DELISTED
Knoll, Inc.
KNL
| $1.54M | ﹤0.01% |
71,366
+11,249
| +19% | +$211K |
|
1935
PUT
Deere & Co
DE
$170B
| $1.54M | ﹤0.01% |
+20,000
| New | +$1.57M |
|
|
NGD
1936
DELISTED
New Gold Inc
NGD
| $1.54M | ﹤0.01% |
412,763
+57,477
| +16% | +$171K |
|
1937
CALL
American Express
AXP
$227B
| $1.53M | ﹤0.01% |
+25,000
| New | +$1.45M |
|
1938
Safety Insurance
SAFT
$1.52B
| $1.53M | ﹤0.01% |
+26,847
| New | +$1.5M |
|
1939
Standard Motor Products
SMP
$838M
| $1.53M | ﹤0.01% |
44,037
-132,509
| -75% | -$4.57M |
|
|
COHR
1940
DELISTED
Coherent Inc
COHR
| $1.53M | ﹤0.01% |
16,602
-82,162
| -83% | -$6.33M |
|
1941
iShares MSCI Europe Financials ETF
EUFN
$4.36B
| $1.52M | ﹤0.01% |
+85,099
| New | +$1.52M |
|
|
CHS
1942
DELISTED
Chicos FAS, Inc.
CHS
| $1.52M | ﹤0.01% |
114,779
-1,181,665
| -91% | -$13.4M |
|
1943
Axcelis
ACLS
$3.87B
| $1.52M | ﹤0.01% |
135,897
+90,811
| +201% | +$928K |
|
|
CSR
1944
Centerspace
CSR
$905M
| $1.52M | ﹤0.01% |
20,956
+9,264
| +79% | +$608K |
|
1945
WIX.com
WIX
$3.6B
| $1.51M | ﹤0.01% |
74,755
+13,239
| +22% | +$265K |
|
|
CATM
1946
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $1.51M | ﹤0.01% |
42,035
+19,375
| +86% | +$633K |
|
1947
iShares US Real Estate ETF
IYR
$4.67B
| $1.51M | ﹤0.01% |
19,343
-36,791
| -66% | -$2.67M |
|
|
CSOD
1948
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.51M | ﹤0.01% |
45,959
-66,452
| -59% | -$2M |
|
1949
CALL
Ericsson
ERIC
$33.9B
| $1.5M | ﹤0.01% |
+150,000
| New | +$1.38M |
|
1950
Powell Industries
POWL
$6.93B
| $1.5M | ﹤0.01% |
150,690
+11,256
| +8% | +$99.4K |
|
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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.