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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
ENVA icon
3501
Enova International
ENVA
$6.12B
-366,079
Closed -$6.84M
EPAC icon
3502
Enerpac Tool Group
EPAC
$1.89B
-402,548
Closed -$9.29M
EPD icon
3503
CALL
Enterprise Products Partners
EPD
$82.8B
-144,100
Closed -$4.31M
EPOL icon
3504
iShares MSCI Poland ETF
EPOL
$860M
-16,030
Closed -$366K
EQIX icon
3505
Equinix
EQIX
$103B
-190,571
Closed -$48.4M
ERIC icon
3506
Ericsson
ERIC
$33.2B
-586,387
Closed -$6.12M
EMBJ
3507
Embraer S.A. ADS
EMBJ
$13.5B
-30,500
Closed -$924K
ESI icon
3508
Element Solutions
ESI
$8.57B
-86,544
Closed -$2.21M
ETSY icon
3509
Etsy
ETSY
$7.83B
-139,315
Closed -$1.96M
EVV
3510
Eaton Vance Limited Duration Income Fund
EVV
$1.05B
-10,879
Closed -$147K
EWD icon
3511
iShares MSCI Sweden ETF
EWD
$758M
-6,843
Closed -$217K
EWG icon
3512
CALL
iShares MSCI Germany ETF
EWG
$1.72B
-600,000
Closed -$16.7M
EWH icon
3513
iShares MSCI Hong Kong ETF
EWH
$1.27B
-82,015
Closed -$1.85M
EWJ icon
3514
iShares MSCI Japan ETF
EWJ
$22.4B
-50,786
Closed -$2.6M
EWM icon
3515
iShares MSCI Malaysia ETF
EWM
$320M
-7,735
Closed -$375K
EWL icon
3516
iShares MSCI Switzerland ETF
EWL
$2.44B
-21,024
Closed -$689K
EWT icon
3517
CALL
iShares MSCI Taiwan ETF
EWT
$11.2B
-250,000
Closed -$7.89M
EWY icon
3518
iShares MSCI South Korea ETF
EWY
$26.9B
-10,309
Closed -$568K
EWW icon
3519
iShares MSCI Mexico ETF
EWW
$1.79B
-31,785
Closed -$1.81M
EXEL icon
3520
CALL
Exelixis
EXEL
$13.5B
-275,000
Closed -$1.03M
EXEL icon
3521
Exelixis
EXEL
$13.5B
-110,492
Closed -$415K
EXEL icon
3522
PUT
Exelixis
EXEL
$13.5B
-1,481,400
Closed -$5.57M
F icon
3523
CALL
Ford
F
$55.6B
-400,000
Closed -$6M
FCF icon
3524
First Commonwealth Financial
FCF
$2.13B
-24,228
Closed -$232K
FELE icon
3525
Franklin Electric
FELE
$4.54B
-65,842
Closed -$2.13M

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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.