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 | |
|---|---|---|---|---|---|---|
|
AHT
2301
Ashford Hospitality Trust
AHT
$21.6M
| $773K | ﹤0.01% |
123
+94
| +324% | +$510K |
|
|
ZGNX
2302
DELISTED
Zogenix, Inc.
ZGNX
| $772K | ﹤0.01% |
83,584
-153,877
| -65% | -$1.54M |
|
2303
Stride
LRN
$3.52B
| $771K | ﹤0.01% |
77,912
+57,076
| +274% | +$539K |
|
|
PSG
2304
DELISTED
Performance Sports Group Ltd.
PSG
| $771K | ﹤0.01% |
+242,313
| New | +$1.56M |
|
|
RELY
2305
DELISTED
Real Industry, Inc.
RELY
| $769K | ﹤0.01% |
88,410
+18,633
| +27% | +$128K |
|
2306
United Rentals
URI
$65.8B
| $768K | ﹤0.01% |
12,346
-341,680
| -97% | -$19M |
|
2307
Vanguard FTSE All-World ex-US ETF
VEU
$70.7B
| $767K | ﹤0.01% |
17,768
+10,636
| +149% | +$436K |
|
|
BYLK
2308
DELISTED
BAYLAKE CORP
BYLK
| $764K | ﹤0.01% |
+47,840
| New | +$708K |
|
2309
Credicorp
BAP
$30.4B
| $763K | ﹤0.01% |
5,824
-25,589
| -81% | -$2.82M |
|
2310
Sonoco
SON
$5.69B
| $763K | ﹤0.01% |
+15,714
| New | +$668K |
|
|
ACBI
2311
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $763K | ﹤0.01% |
+54,707
| New | +$727K |
|
|
RAS
2312
DELISTED
RAIT Financial Trust
RAS
| $762K | ﹤0.01% |
242,800
+7,697
| +3% | +$19.7K |
|
|
CLLS
2313
Cellectis
CLLS
$344M
| $760K | ﹤0.01% |
27,654
-159,761
| -85% | -$3.85M |
|
|
DRD
2314
DRDGold
DRD
$2.6B
| $760K | ﹤0.01% |
190,499
-197,098
| -51% | -$632K |
|
2315
UMB Financial
UMBF
$10.9B
| $760K | ﹤0.01% |
14,724
-189,618
| -93% | -$9.11M |
|
2316
WD-40
WDFC
$2.91B
| $760K | ﹤0.01% |
7,032
+4,621
| +192% | +$478K |
|
2317
American Tower
AMT
$81.9B
| $758K | ﹤0.01% |
7,406
-518,168
| -99% | -$48.4M |
|
2318
Frontline
FRO
$9.17B
| $758K | ﹤0.01% |
90,538
+44,458
| +96% | +$429K |
|
|
EEQ
2319
DELISTED
Enbridge Energy Management Llc
EEQ
| $755K | ﹤0.01% |
+54,615
| New | +$720K |
|
2320
Lindblad Expeditions
LIND
$2.04B
| $754K | ﹤0.01% |
75,836
+58,336
| +333% | +$588K |
|
2321
DXP Enterprises
DXPE
$2.96B
| $753K | ﹤0.01% |
+42,891
| New | +$702K |
|
2322
Ceco Environmental
CECO
$4.12B
| $750K | ﹤0.01% |
120,751
+93,678
| +346% | +$635K |
|
2323
Prudential Financial
PRU
$41.5B
| $750K | ﹤0.01% |
10,379
-399,776
| -97% | -$27.9M |
|
|
FOMX
2324
DELISTED
Foamix Pharmaceuticals Ltd. Ordinary Shares
FOMX
| $747K | ﹤0.01% |
114,574
+2,147
| +2% | +$13.8K |
|
2325
AutoNation
AN
$6.5B
| $746K | ﹤0.01% |
15,991
-106,781
| -87% | -$5.17M |
|
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.