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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
+6.05%
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
$54.6B
AUM Growth
+$6.83B
Cap. Flow
+$4.44B
Cap. Flow %
8.13%
Top 10 Hldgs %
5.74%
Holding
4,184
New
894
Increased
1,327
Reduced
1,188
Closed
743

Sector Composition

Rank Sector Weight
1 Financials 12.61%
2 Technology 11.6%
3 Healthcare 11.38%
4 Energy 10.68%
5 Industrials 10.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
BUD icon
3501
AB InBev
BUD
$156B
-220,746
Closed -$23.7M
BWG
3502
BrandywineGLOBAL Global Income Opportunities Fund
BWG
$129M
-17,715
Closed -$210K
BXMX
3503
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
-13,532
Closed -$172K
CADE
3504
DELISTED
Cadence Bank
CADE
-331,658
Closed -$10.3M
CAH icon
3505
Cardinal Health
CAH
$54B
-43,750
Closed -$3.15M
CASS icon
3506
Cass Information Systems
CASS
$735M
-5,825
Closed -$325K
CCU icon
3507
Compañía de Cervecerías Unidas
CCU
$2.34B
-78,382
Closed -$1.64M
CDP icon
3508
COPT Defense Properties
CDP
$4.25B
-296,408
Closed -$9.25M
CDXS icon
3509
Codexis
CDXS
$182M
-15,112
Closed -$70K
CENT icon
3510
Central Garden & Pet Co
CENT
$2.77B
-46,926
Closed -$1.24M
CERS icon
3511
Cerus
CERS
$542M
-130,029
Closed -$566K
CF icon
3512
CF Industries
CF
$19.6B
-1,485,141
Closed -$46.8M
CF icon
3513
PUT
CF Industries
CF
$19.6B
-50,000
Closed -$1.57M
CG icon
3514
Carlyle Group
CG
$17.5B
-180,505
Closed -$2.75M
CHCO icon
3515
City Holding Co
CHCO
$2.04B
-4,353
Closed -$294K
CHI
3516
Calamos Convertible Opportunities and Income Fund
CHI
$1.03B
-340,704
Closed -$3.44M
CHRW icon
3517
C.H. Robinson
CHRW
$16.7B
-267,650
Closed -$19.6M
CIA icon
3518
Citizens
CIA
$200M
-14,800
Closed -$145K
CIEN icon
3519
Ciena
CIEN
$52.7B
-1,637,399
Closed -$40M
CINF icon
3520
Cincinnati Financial
CINF
$26.3B
-94,531
Closed -$7.16M
CLB icon
3521
Core Laboratories
CLB
$553M
-273,588
Closed -$32.8M
CMG icon
3522
Chipotle Mexican Grill
CMG
$48.1B
-1,614,600
Closed -$12.2M
CMI icon
3523
PUT
Cummins
CMI
$78.7B
-50,000
Closed -$6.83M
CNA icon
3524
CNA Financial
CNA
$13.4B
-153,287
Closed -$6.36M
CNC icon
3525
CALL
Centene
CNC
$32.4B
-100,000
Closed -$2.83M

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Israel Englander's Q1 2017 Portfolio in Review

As of Q1 2017, Israel Englander held 4,184 positions worth $54.6B, up 14% from $47.8B the previous quarter. Its ten largest holdings account for 5.7% of the portfolio.

Israel Englander deployed $4.44B of net new capital in Q1 2017, opening 894 new positions and adding to 1,327 existing holdings. Its largest new stake was Mondelez International: 3,261,215 shares worth $140M.

By sector, the portfolio is most concentrated in Financials at 13% of assets, up from 12% a quarter earlier, followed by Technology and Healthcare.

On the sell side, the largest reduction was Bank of New York Mellon, an estimated $251M trimmed.

  • Israel Englander's largest Q1 2017 buy was Mondelez International: 3,261,215 shares worth $140M.
  • Israel Englander added most to Comerica in Q1 2017, an estimated $221M increase.
  • Israel Englander's biggest Q1 2017 reduction was Bank of New York Mellon, cutting an estimated $251M.
  • Israel Englander fully exited Occidental Petroleum in Q1 2017, selling an estimated $171M.
  • Israel Englander's ten largest holdings make up 5.7% of its $54.6B portfolio in Q1 2017.
  • Israel Englander opened 894 new positions and closed 743 in Q1 2017.
  • Israel Englander's portfolio value rose 14% quarter-over-quarter to $54.6B.

Based on Millennium Management's 13F filing for Q1 2017, filed 15 May 2017.