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 |
Merck
MRK
|
+$216M |
| 2 |
Apple
AAPL
|
+$215M |
| 3 |
KeyCorp
KEY
|
+$212M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$210M |
| 5 |
Synchrony
SYF
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$1.82B |
| 2 |
Comcast
CMCSA
|
+$427M |
| 3 |
Amazon
AMZN
|
+$418M |
| 4 |
SLB Ltd
SLB
|
+$312M |
| 5 |
Ameren
AEE
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.36% |
| 2 | Energy | 10.86% |
| 3 | Financials | 9.53% |
| 4 | Consumer Discretionary | 9.42% |
| 5 | Technology | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3776
Vanguard Financials ETF
VFH
$13.8B
| – | – |
-8,687
| Closed | -$402K |
|
3777
Vipshop
VIPS
$6.98B
| – | – |
-754,686
| Closed | -$12.7M |
|
3778
Vince Holding Corp
VNCE
$80.3M
| – | – |
-28,132
| Closed | -$965K |
|
3779
Vornado Realty Trust
VNO
$7.07B
| – | – |
-451,844
| Closed | -$33M |
|
|
VRNT
3780
DELISTED
Verint Systems
VRNT
| – | – |
-661,543
| Closed | -$14.5M |
|
3781
VSE Corp
VSEC
$6.11B
| – | – |
-20,272
| Closed | -$406K |
|
|
VTLE
3782
DELISTED
Vital Energy
VTLE
| – | – |
-10,720
| Closed | -$2.02M |
|
3783
CALL
NCR Voyix
VYX
$1.09B
| – | – |
-81,500
| Closed | -$1.14M |
|
3784
Verizon
VZ
$205B
| – | – |
-230,035
| Closed | -$10M |
|
3785
Wayfair
W
$13.9B
| – | – |
-13,828
| Closed | -$485K |
|
3786
Waters Corp
WAT
$40.4B
| – | – |
-26,159
| Closed | -$3.09M |
|
3787
Warner Bros
WBD
$71.6B
| – | – |
-47,247
| Closed | -$1.23M |
|
3788
Werner Enterprises
WERN
$2.33B
| – | – |
-110,500
| Closed | -$2.77M |
|
3789
Wells Fargo
WFC
$254B
| – | – |
-1,511,098
| Closed | -$77.6M |
|
3790
Winnebago Industries
WGO
$898M
| – | – |
-256,464
| Closed | -$4.91M |
|
3791
Wipro
WIT
$18.7B
| – | – |
-85,472
| Closed | -$197K |
|
3792
Williams Companies
WMB
$86.2B
| – | – |
-1,059,664
| Closed | -$39M |
|
|
3793
PUT
Williams Companies
WMB
$86.2B
| – | – |
-70,000
| Closed | -$2.58M |
|
3794
Wolfspeed
WOLF
$1.34B
| – | – |
-23,789
| Closed | -$576K |
|
3795
W.P. Carey
WPC
$16.2B
| – | – |
-6,323
| Closed | -$358K |
|
3796
WPP
WPP
$5.69B
| – | – |
-17,808
| Closed | -$1.85M |
|
3797
World Acceptance Corp
WRLD
$878M
| – | – |
-113,424
| Closed | -$3.04M |
|
3798
Essential Utilities
WTRG
$11.4B
| – | – |
-173,449
| Closed | -$4.59M |
|
3799
CALL
Wynn Resorts
WYNN
$10.3B
| – | – |
-50,000
| Closed | -$2.66M |
|
3800
PUT
Weyerhaeuser
WY
$17.6B
| – | – |
-20,000
| Closed | -$547K |
|
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Israel Englander's Q4 2015 Portfolio in Review
As of Q4 2015, Israel Englander held 4,144 positions worth $47.6B, down 7.9% from $51.6B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Israel Englander withdrew a net $5.89B in Q4 2015, closing 778 positions and reducing 1,349 holdings. Its most notable exit was Illumina, an estimated $86.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Energy and Financials.
Against the trend, Israel Englander opened a new position in Alphabet (Google) Class A worth $221M.
- Israel Englander's largest Q4 2015 buy was Alphabet (Google) Class A: 5,673,120 shares worth $221M.
- Israel Englander added most to Merck in Q4 2015, an estimated $216M increase.
- Israel Englander's biggest Q4 2015 reduction was DuPont de Nemours, cutting an estimated $1.82B.
- Israel Englander fully exited Illumina in Q4 2015, selling an estimated $86.9M.
- Israel Englander's ten largest holdings make up 10% of its $47.6B portfolio in Q4 2015.
- Israel Englander opened 733 new positions and closed 778 in Q4 2015.
- Israel Englander's portfolio value fell 7.9% quarter-over-quarter to $47.6B.
Based on Millennium Management's 13F filing for Q4 2015, filed 16 Feb 2016.