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 | |
|---|---|---|---|---|---|---|
2051
Liberty Latin America Class A
LILA
$1.69B
| $1.26M | ﹤0.01% |
56,328
-25,007
| -31% | -$558K |
|
2052
CNX Resources
CNX
$5.33B
| $1.26M | ﹤0.01% |
134,183
+61,956
| +86% | +$450K |
|
2053
3D Systems Corp
DDD
$535M
| $1.26M | ﹤0.01% |
81,607
-110,491
| -58% | -$1.14M |
|
|
VA
2054
DELISTED
Virgin America Inc.
VA
| $1.26M | ﹤0.01% |
+32,643
| New | +$1.02M |
|
2055
CRH
CRH
$64B
| $1.26M | ﹤0.01% |
+44,649
| New | +$1.18M |
|
|
TXNM
2056
TXNM Energy Inc
TXNM
$5.91B
| $1.26M | ﹤0.01% |
37,285
-554,393
| -94% | -$17.7M |
|
2057
CALL
CF Industries
CF
$19.3B
| $1.25M | ﹤0.01% |
+40,000
| New | +$1.31M |
|
2058
Stratasys
SSYS
$693M
| $1.25M | ﹤0.01% |
+48,316
| New | +$985K |
|
2059
United Fire Group
UFCS
$1.38B
| $1.25M | ﹤0.01% |
28,563
-17,916
| -39% | -$706K |
|
2060
PUT
American Eagle Outfitters
AEO
$2.8B
| $1.25M | ﹤0.01% |
+75,000
| New | +$1.13M |
|
2061
Piper Sandler
PIPR
$5.28B
| $1.25M | ﹤0.01% |
100,740
-153,104
| -60% | -$1.55M |
|
|
BID
2062
DELISTED
Sotheby's
BID
| $1.25M | ﹤0.01% |
+46,627
| New | +$1.12M |
|
|
USG
2063
CALL
DELISTED
Usg
USG
| $1.24M | ﹤0.01% |
+50,000
| New | +$1.04M |
|
|
USG
2064
PUT
DELISTED
Usg
USG
| $1.24M | ﹤0.01% |
+50,000
| New | +$1.04M |
|
|
PPP
2065
DELISTED
Primero Mining Corp
PPP
| $1.24M | ﹤0.01% |
685,686
+32,784
| +5% | +$63.7K |
|
|
VCRA
2066
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $1.24M | ﹤0.01% |
97,102
-103,276
| -52% | -$1.43M |
|
2067
iShares US Healthcare ETF
IYH
$3.84B
| $1.24M | ﹤0.01% |
43,925
+2,270
| +5% | +$62.8K |
|
2068
Northern Oil and Gas
NOG
$2.82B
| $1.23M | ﹤0.01% |
30,814
-9,635
| -24% | -$328K |
|
|
VTLE
2069
DELISTED
Vital Energy
VTLE
| $1.23M | ﹤0.01% |
+7,746
| New | +$1.05M |
|
2070
ProShares VIX Short-Term Futures ETF
VIXY
$220M
| $1.23M | ﹤0.01% |
66
+19
| +40% | +$474K |
|
|
EXAR
2071
DELISTED
Exar Corporation
EXAR
| $1.23M | ﹤0.01% |
+213,081
| New | +$1.15M |
|
2072
Pitney Bowes
PBI
$2.34B
| $1.22M | ﹤0.01% |
56,540
-164,817
| -74% | -$3.13M |
|
2073
Interface
TILE
$2.25B
| $1.22M | ﹤0.01% |
65,685
-23,622
| -26% | -$397K |
|
|
OB
2074
DELISTED
Onebeacon Insurance Group Ltd
OB
| $1.22M | ﹤0.01% |
95,466
-39,576
| -29% | -$505K |
|
2075
Dorian LPG
LPG
$2.17B
| $1.21M | ﹤0.01% |
+129,089
| New | +$1.33M |
|
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.