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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
LLTC
3926
DELISTED
Linear Technology Corp
LLTC
-70,962
Closed -$3.14M
HGG
3927
PUT
DELISTED
hhgregg Inc.
HGG
-75,000
Closed -$251K
CLMS
3928
DELISTED
Calamos Asset Management, Inc.
CLMS
-57,117
Closed -$700K
IMN
3929
DELISTED
Imation
IMN
-40,102
Closed -$163K
CPPL
3930
DELISTED
Columbia Pipeline Partners LP
CPPL
-45,000
Closed -$1.13M
LOCK
3931
DELISTED
LifeLock, Inc.
LOCK
-29,202
Closed -$479K
STJ
3932
CALL
DELISTED
St Jude Medical
STJ
-150,000
Closed -$11M
TUBE
3933
DELISTED
TubeMogul, Inc.
TUBE
-42,475
Closed -$607K
LGF
3934
CALL
DELISTED
Lions Gate Entertainment
LGF
-100,000
Closed -$3.71M
CVT
3935
DELISTED
CVENT, INC.
CVT
-52,873
Closed -$1.36M
N
3936
DELISTED
Netsuite Inc
N
-115,545
Closed -$10.6M
TLOG
3937
DELISTED
TetraLogic Pharmaceuticals Corporation
TLOG
-58,897
Closed -$138K
FULL
3938
DELISTED
Full Circle Capital Corporation
FULL
-54,104
Closed -$193K
DRYS
3939
DELISTED
DryShips Inc. Common Stock
DRYS
0
-$11K
DRYS
3940
PUT
DELISTED
DryShips Inc. Common Stock
DRYS
0
-$301K
ASEI
3941
DELISTED
AMER SCIENCE & ENGR INC.
ASEI
-17,892
Closed -$784K
AXLL
3942
CALL
DELISTED
AXIALL CORP COM STK (DE)
AXLL
-40,000
Closed -$1.44M
ICLD
3943
DELISTED
INTERCLOUD SYSTEMS, INC. COMMON STOCK
ICLD
-15,000
Closed -$40K
EXAM
3944
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
-180,813
Closed -$7.07M
AVNU
3945
DELISTED
AVENUE FINL HLDGS INC COM STK (TN)
AVNU
-19,189
Closed -$242K
RLJE
3946
DELISTED
RLJ Entertainment, Inc.
RLJE
-4,022
Closed -$5K
CVC
3947
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
-21,128
Closed -$575K
HERO
3948
DELISTED
HERCULES OFFSHORE INC COM STK
HERO
-1,056,533
Closed -$247K
OSGB
3949
DELISTED
OVERSEAS SHIPHOLDING GROUP, INC. COM CL B
OSGB
-28,117
Closed -$89K
SNDK
3950
CALL
DELISTED
SANDISK CORP
SNDK
-75,000
Closed -$4.37M

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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.