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Israel Englander Millennium Management

AUM $276B
1-Year Est. Return 44.8%
 

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.

This Fund
S&P 500
This Quarter Est. Return
-9.18%
1 Year Est. Return
+44.8%
3 Year Est. Return
+127.22%
5 Year Est. Return
+155.52%
10 Year Est. Return
+768.06%
AUM
$51.6B
AUM Growth
-$1.23B
Cap. Flow
+$5.12B
Cap. Flow %
9.92%
Top 10 Hldgs %
13.97%
Holding
4,098
New
839
Increased
1,320
Reduced
1,195
Closed
681

Top Buys

Rank Stock Value
1
DD icon
DuPont de Nemours
DD
+$1.55B
2
CMCSA icon
Comcast
CMCSA
+$449M
3
SLB icon
SLB Ltd
SLB
+$298M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$281M
5
QCOM icon
Qualcomm
QCOM
+$228M

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
TSLX icon
2751
Sixth Street Specialty
TSLX
$1.81B
$410K ﹤0.01%
24,965
-14,094
-36% -$246K
LNCO
2752
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
$410K ﹤0.01%
+151,476
New +$664K
STRP
2753
DELISTED
Straight Path Communications Inc.
STRP
$408K ﹤0.01%
+10,100
New +$291K
VSEC icon
2754
VSE Corp
VSEC
$6.1B
$406K ﹤0.01%
+20,272
New +$460K
TESO
2755
DELISTED
Tesco Corp
TESO
$406K ﹤0.01%
56,924
-205,863
-78% -$1.78M
NG icon
2756
NovaGold Resources
NG
$4.24B
$405K ﹤0.01%
112,165
-10,936
-9% -$36.9K
AMRI
2757
DELISTED
Albany Molecular Research Inc
AMRI
$405K ﹤0.01%
+23,236
New +$473K
PSG
2758
DELISTED
Performance Sports Group Ltd.
PSG
$403K ﹤0.01%
+30,000
New +$456K
VFH icon
2759
Vanguard Financials ETF
VFH
$13.9B
$402K ﹤0.01%
+8,687
New +$427K
ECHO
2760
DELISTED
Echo Global Logistics, Inc.
ECHO
$401K ﹤0.01%
20,456
-6,417
-24% -$171K
CG icon
2761
Carlyle Group
CG
$17.4B
$399K ﹤0.01%
+23,779
New +$559K
EFV icon
2762
iShares MSCI EAFE Value ETF
EFV
$31.9B
$398K ﹤0.01%
+8,599
New +$434K
OCFC icon
2763
OceanFirst Financial
OCFC
$1.82B
$394K ﹤0.01%
+22,903
New +$412K
HR icon
2764
Healthcare Realty
HR
$6.65B
$392K ﹤0.01%
16,000
-64,222
-80% -$1.58M
CUTR
2765
DELISTED
Cutera, Inc.
CUTR
$392K ﹤0.01%
30,000
+8,022
+37% +$119K
MBII
2766
DELISTED
Marrone Bio Innovations, Inc.
MBII
$392K ﹤0.01%
185,950
-1,300
-0.7% -$2.53K
CPSS icon
2767
Consumer Portfolio Services
CPSS
$200M
$391K ﹤0.01%
78,534
+15,114
+24% +$86.7K
HBI
2768
DELISTED
Hanesbrands
HBI
$391K ﹤0.01%
13,500
-255,870
-95% -$7.93M
BRK.A icon
2769
Berkshire Hathaway Class A
BRK.A
$1.08T
$390K ﹤0.01%
2
-40
-95% -$8.24M
VAW icon
2770
Vanguard Materials ETF
VAW
$3.12B
$390K ﹤0.01%
4,469
+400
+10% +$39.5K
TUP
2771
DELISTED
Tupperware Brands Corporation
TUP
$390K ﹤0.01%
7,890
-74,168
-90% -$4.16M
LOGI icon
2772
Logitech
LOGI
$14B
$389K ﹤0.01%
29,677
-11,443
-28% -$158K
JBTM
2773
JBT Marel
JBTM
$6.06B
$389K ﹤0.01%
10,172
-134,830
-93% -$4.89M
FCX icon
2774
CALL
Freeport-McMoran
FCX
$113B
$388K ﹤0.01%
40,000
APIC
2775
DELISTED
Apigee Corporation Common Stock
APIC
$388K ﹤0.01%
36,775
-78,487
-68% -$680K

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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.