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 |
DuPont de Nemours
DD
|
+$1.55B |
| 2 |
Comcast
CMCSA
|
+$449M |
| 3 |
SLB Ltd
SLB
|
+$298M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$281M |
| 5 |
Qualcomm
QCOM
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$229M |
| 2 |
Sempra
SRE
|
+$192M |
| 3 |
Bausch Health
BHC
|
+$183M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$175M |
| 5 |
PepsiCo
PEP
|
+$173M |
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 | |
|---|---|---|---|---|---|---|
376
Vornado Realty Trust
VNO
$7.07B
| $33M | 0.06% |
451,844
+85,772
| +23% | +$6.47M |
|
|
EVHC
377
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $33M | 0.06% |
299,734
+229,035
| +324% | +$28.4M |
|
378
Qorvo
QRVO
$8.43B
| $33M | 0.06% |
732,330
+295,406
| +68% | +$17.8M |
|
|
SC
379
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $32.2M | 0.06% |
1,576,001
+1,454,238
| +1,194% | +$33.5M |
|
|
AIV
380
Aimco
AIV
$381M
| $32M | 0.06% |
6,481,975
+5,662,900
| +691% | +$28.6M |
|
381
Caterpillar
CAT
$381B
| $31.9M | 0.06% |
+487,865
| New | +$37.3M |
|
|
SEM
382
DELISTED
Select Medical
SEM
| $31.7M | 0.06% |
5,458,986
+477,274
| +10% | +$3.54M |
|
383
BGC Group
BGC
$5.63B
| $31.7M | 0.06% |
5,990,518
+1,708,235
| +40% | +$9.93M |
|
|
TIF
384
DELISTED
Tiffany & Co.
TIF
| $31.6M | 0.06% |
409,167
+45,198
| +12% | +$3.95M |
|
|
AWH
385
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $31.5M | 0.06% |
825,112
+537,802
| +187% | +$22.3M |
|
|
BBBY
386
DELISTED
Bed Bath & Beyond Inc
BBBY
| $31.5M | 0.06% |
552,283
+542,635
| +5,624% | +$34.6M |
|
387
Telephone and Data Systems
TDS
$3.87B
| $31.5M | 0.06% |
1,261,253
+723,682
| +135% | +$20.3M |
|
388
Nucor
NUE
$55.3B
| $31.4M | 0.06% |
835,257
+719,557
| +622% | +$30.8M |
|
389
Adobe
ADBE
$109B
| $31.3M | 0.06% |
380,650
+115,020
| +43% | +$9.32M |
|
|
TWO
390
Two Harbors Investment
TWO
$1.27B
| $31.3M | 0.06% |
443,075
-54,383
| -11% | -$4.24M |
|
391
C.H. Robinson
CHRW
$16.5B
| $31M | 0.06% |
456,732
+438,882
| +2,459% | +$29.5M |
|
|
AKRX
392
DELISTED
Akorn Inc
AKRX
| $30.9M | 0.06% |
1,085,180
-70,689
| -6% | -$2.92M |
|
|
EA
393
DELISTED
Electronic Arts
EA
| $30.8M | 0.06% |
454,628
+169,645
| +60% | +$11.9M |
|
394
O'Reilly Automotive
ORLY
$72.1B
| $30.8M | 0.06% |
1,847,325
+1,800,600
| +3,854% | +$29.1M |
|
395
Allegion
ALLE
$13.8B
| $30.8M | 0.06% |
533,739
+69,730
| +15% | +$4.25M |
|
396
Bloomin' Brands
BLMN
$996M
| $30.7M | 0.06% |
1,691,298
-412,681
| -20% | -$8.82M |
|
397
Lam Research
LRCX
$393B
| $30.6M | 0.06% |
4,676,560
-1,044,750
| -18% | -$7.66M |
|
398
Newell Brands
NWL
$2.59B
| $30.5M | 0.06% |
767,199
+501,534
| +189% | +$21.1M |
|
399
Bank of Montreal
BMO
$122B
| $30.3M | 0.06% |
556,220
+170,169
| +44% | +$9.35M |
|
400
Agilent Technologies
A
$44.9B
| $30.2M | 0.06% |
880,098
-827,051
| -48% | -$31.3M |
|
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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.