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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
KONA
3876
DELISTED
Kona Grill, Inc.
KONA
-12,680
Closed -$246K
MBFI
3877
DELISTED
MB Financial Corp
MBFI
-17,343
Closed -$597K
SGYP
3878
CALL
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
-200,000
Closed -$1.66M
NXTM
3879
PUT
DELISTED
NxStage Medical Inc.
NXTM
-50,000
Closed -$714K
LOXO
3880
DELISTED
Loxo Oncology, Inc
LOXO
-47,000
Closed -$847K
SCG
3881
DELISTED
Scana
SCG
-257,086
Closed -$13M
RBS.PRS.CL
3882
DELISTED
The Royal Bank Of Scotland Group
RBS.PRS.CL
-276,971
Closed -$6.91M
EEP
3883
DELISTED
Enbridge Energy Partners
EEP
-330,000
Closed -$9.48M
MITL
3884
DELISTED
Mitel Networks Corporation
MITL
-125,700
Closed -$1.11M
KS
3885
DELISTED
KapStone Paper and Pack Corp.
KS
-16,948
Closed -$392K
ETP
3886
CALL
DELISTED
Energy Transfer Partners, L.P.
ETP
-50,000
Closed -$1.9M
ETP
3887
DELISTED
Energy Transfer Partners, L.P.
ETP
-40,000
Closed -$1.52M
GPT
3888
DELISTED
Gramercy Property Trust
GPT
-341,008
Closed -$23.9M
XCRA
3889
DELISTED
Xcerra Corporation
XCRA
-94,939
Closed -$719K
KND
3890
PUT
DELISTED
Kindred Healthcare
KND
-50,000
Closed -$1.01M
FTRPR
3891
DELISTED
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
-57,350
Closed -$5.73M
TEP
3892
DELISTED
Tallgrass Energy Partners, LP
TEP
-52,200
Closed -$2.51M
YGE
3893
CALL
DELISTED
Yingli Green Energy Holding Comp
YGE
-25,000
Closed -$308K
FINL
3894
PUT
DELISTED
Finish Line
FINL
-50,000
Closed -$1.39M
MON
3895
CALL
DELISTED
Monsanto Co
MON
-75,000
Closed -$7.99M
AEUA
3896
DELISTED
Anadarko Petroleum Corporation
AEUA
-30,000
Closed -$1.51M
BGC
3897
DELISTED
General Cable Corporation
BGC
-38,478
Closed -$759K
OAKS
3898
DELISTED
Five Oaks Investment Corp.
OAKS
-29,400
Closed -$245K
RSO
3899
DELISTED
Resource Capital Corp.
RSO
-28,028
Closed -$434K
ACFC
3900
DELISTED
Atlantic Coast Financial Corporation
ACFC
-22,990
Closed -$102K

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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.