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 | |
|---|---|---|---|---|---|---|
|
KS
2351
CALL
DELISTED
KapStone Paper and Pack Corp.
KS
| $693K | ﹤0.01% |
+50,000
| New | +$677K |
|
|
P
2352
Everpure Inc
P
$36.2B
| $691K | ﹤0.01% |
+50,467
| New | +$670K |
|
|
KDNY
2353
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $691K | ﹤0.01% |
+10,794
| New | +$873K |
|
2354
Sun Life Financial
SLF
$44B
| $690K | ﹤0.01% |
+21,385
| New | +$628K |
|
2355
Century Casinos
CNTY
$35.2M
| $689K | ﹤0.01% |
111,876
+18,536
| +20% | +$123K |
|
|
FMER
2356
DELISTED
FIRSTMERIT CORP
FMER
| $689K | ﹤0.01% |
32,741
-2,916,773
| -99% | -$56.4M |
|
|
HRG
2357
DELISTED
HRG Group, Inc.
HRG
| $689K | ﹤0.01% |
49,471
-258,879
| -84% | -$3.14M |
|
2358
Clarus
CLAR
$143M
| $686K | ﹤0.01% |
152,361
+51,514
| +51% | +$224K |
|
2359
DHI Group
DHX
$193M
| $686K | ﹤0.01% |
85,060
-492,723
| -85% | -$4.05M |
|
2360
Center Bancorp
CNOB
$1.61B
| $684K | ﹤0.01% |
41,842
-57,656
| -58% | -$939K |
|
|
BSTC
2361
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $683K | ﹤0.01% |
19,610
+14,073
| +254% | +$516K |
|
|
SIR
2362
DELISTED
SELECT INCOME REIT
SIR
| $683K | ﹤0.01% |
67,436
-754,688
| -92% | -$6.7M |
|
|
CY
2363
DELISTED
Cypress Semiconductor
CY
| $682K | ﹤0.01% |
78,755
-1,349,430
| -94% | -$10.9M |
|
|
CHCT
2364
Community Healthcare Trust
CHCT
$428M
| $681K | ﹤0.01% |
+36,848
| New | +$667K |
|
2365
Manchester United
MANU
$4.05B
| $678K | ﹤0.01% |
+46,959
| New | +$695K |
|
|
SHOS
2366
DELISTED
Sears Hometown and Outlet Stores, Inc.
SHOS
| $674K | ﹤0.01% |
105,040
-20,119
| -16% | -$134K |
|
2367
Matthews International
MATW
$673M
| $673K | ﹤0.01% |
+13,066
| New | +$638K |
|
|
OCSI
2368
DELISTED
Oaktree Strategic Income Corporation
OCSI
| $672K | ﹤0.01% |
84,733
+39,233
| +86% | +$295K |
|
2369
Caesars Entertainment
CZR
$6.04B
| $667K | ﹤0.01% |
58,296
-46,493
| -44% | -$483K |
|
2370
Horizon Technology Finance
HRZN
$321M
| $666K | ﹤0.01% |
57,335
-25,266
| -31% | -$271K |
|
2371
Texas Instruments
TXN
$239B
| $666K | ﹤0.01% |
11,600
-695,245
| -98% | -$36.9M |
|
2372
CALL
Huntsman Corp
HUN
$1.69B
| $665K | ﹤0.01% |
+50,000
| New | +$516K |
|
2373
Bankunited
BKU
$3.31B
| $662K | ﹤0.01% |
19,228
+337
| +2% | +$11.3K |
|
|
QIWI
2374
DELISTED
QIWI PLC
QIWI
| $662K | ﹤0.01% |
45,671
+23,285
| +104% | +$311K |
|
2375
CALL
Melco Resorts & Entertainment
MLCO
$2.06B
| $660K | ﹤0.01% |
+40,000
| New | +$607K |
|
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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.