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 |
DuPont de Nemours
DD
|
+$1.55B |
| 2 |
Comcast
CMCSA
|
+$449M |
| 3 |
SLB Ltd
SLB
|
+$298M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$281M |
| 5 |
Qualcomm
QCOM
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$229M |
| 2 |
Sempra
SRE
|
+$192M |
| 3 |
Bausch Health
BHC
|
+$183M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$175M |
| 5 |
PepsiCo
PEP
|
+$173M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.58% |
| 2 | Energy | 11.62% |
| 3 | Consumer Discretionary | 8.89% |
| 4 | Financials | 8.63% |
| 5 | Technology | 8.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Capitol Federal Financial
CFFN
$1.05B
| $659K | ﹤0.01% |
54,366
-221,178
| -80% | -$2.66M |
|
2502
Transocean
RIG
$6.42B
| $659K | ﹤0.01% |
+51,000
| New | +$708K |
|
|
LBAI
2503
DELISTED
Lakeland Bancorp Inc
LBAI
| $659K | ﹤0.01% |
59,337
+34,598
| +140% | +$395K |
|
|
RAVN
2504
DELISTED
Raven Industries Inc
RAVN
| $658K | ﹤0.01% |
38,817
+3,974
| +11% | +$72.8K |
|
2505
Amphastar Pharmaceuticals
AMPH
$935M
| $655K | ﹤0.01% |
56,037
-66,735
| -54% | -$1M |
|
|
DX
2506
Dynex Capital
DX
$3.23B
| $655K | ﹤0.01% |
+33,292
| New | +$698K |
|
2507
Fluor
FLR
$6.86B
| $655K | ﹤0.01% |
15,472
-590,711
| -97% | -$27.7M |
|
2508
iShares US Healthcare Providers ETF
IHF
$1.23B
| $655K | ﹤0.01% |
26,445
+5,895
| +29% | +$161K |
|
2509
Cato Corp
CATO
$55.7M
| $653K | ﹤0.01% |
19,185
+12,652
| +194% | +$461K |
|
|
RPT
2510
Rithm Property Trust
RPT
$102M
| $653K | ﹤0.01% |
9,104
+3,342
| +58% | +$261K |
|
2511
Teledyne Technologies
TDY
$29.1B
| $652K | ﹤0.01% |
+7,216
| New | +$729K |
|
|
CLD
2512
DELISTED
Cloud Peak Energy Inc
CLD
| $649K | ﹤0.01% |
+246,853
| New | +$822K |
|
2513
Northwest Natural Holdings
NWN
$2.1B
| $648K | ﹤0.01% |
14,129
-1,426
| -9% | -$62.7K |
|
|
WWAV
2514
DELISTED
The WhiteWave Foods Company
WWAV
| $648K | ﹤0.01% |
16,140
-188,334
| -92% | -$8.99M |
|
2515
Central Garden & Pet Co
CENT
$2.77B
| $647K | ﹤0.01% |
52,305
+22,905
| +78% | +$220K |
|
|
MAGN
2516
Magnera Corp
MAGN
$454M
| $647K | ﹤0.01% |
2,891
+389
| +16% | +$96.5K |
|
2517
Liberty Latin America Class A
LILA
$1.69B
| $645K | ﹤0.01% |
+29,904
| New | +$761K |
|
|
ONE
2518
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $643K | ﹤0.01% |
326,431
+101,642
| +45% | +$229K |
|
|
NORW
2519
DELISTED
Global X MSCI Norway ETF
NORW
| $642K | ﹤0.01% |
62,825
-26,567
| -30% | -$298K |
|
|
LUMO
2520
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $641K | ﹤0.01% |
1,986
-28,637
| -94% | -$12.6M |
|
2521
Ingredion
INGR
$6.62B
| $638K | ﹤0.01% |
7,313
-83,282
| -92% | -$7.14M |
|
|
NATI
2522
DELISTED
National Instruments Corp
NATI
| $638K | ﹤0.01% |
22,949
-2,308
| -9% | -$65.6K |
|
2523
Golub Capital BDC
GBDC
$3.4B
| $637K | ﹤0.01% |
+40,710
| New | +$658K |
|
|
LNW
2524
DELISTED
Light & Wonder
LNW
| $637K | ﹤0.01% |
+60,934
| New | +$799K |
|
2525
Nathan's Famous
NATH
$401M
| $637K | ﹤0.01% |
16,760
-11,958
| -42% | -$412K |
|
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Israel Englander's Q3 2015 Portfolio in Review
As of Q3 2015, Israel Englander held 4,098 positions worth $51.6B, down 2.3% from $52.9B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Israel Englander deployed $5.12B of net new capital in Q3 2015, opening 839 new positions and adding to 1,320 existing holdings. Its largest new stake was BP: 4,551,492 shares worth $117M.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, down from 15% a quarter earlier, followed by Energy and Consumer Discretionary.
On the sell side, the largest reduction was Alexion Pharmaceuticals, an estimated $229M trimmed.
- Israel Englander's largest Q3 2015 buy was BP: 4,551,492 shares worth $117M.
- Israel Englander added most to DuPont de Nemours in Q3 2015, an estimated $1.55B increase.
- Israel Englander's biggest Q3 2015 reduction was Alexion Pharmaceuticals, cutting an estimated $229M.
- Israel Englander fully exited PepsiCo in Q3 2015, selling an estimated $173M.
- Israel Englander's ten largest holdings make up 14% of its $51.6B portfolio in Q3 2015.
- Israel Englander opened 839 new positions and closed 681 in Q3 2015.
- Israel Englander's portfolio value fell 2.3% quarter-over-quarter to $51.6B.
Based on Millennium Management's 13F filing for Q3 2015, filed 16 Nov 2015.