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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
THOR
3976
CALL
DELISTED
THORATEC CORPORATION
THOR
-100,000
Closed -$4.46M
HILL
3977
DELISTED
DOT HILL SYSTEMS CORP
HILL
-552,503
Closed -$3.38M
TRNX
3978
DELISTED
TORNIER N V SHARES (NLD)
TRNX
-11,800
Closed -$295K
KYTH
3979
CALL
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
-50,000
Closed -$3.77M
VTG
3980
DELISTED
VANTAGE DRILLING COMPANY ORD SHS (KY)
VTG
-2,771,251
Closed -$524K
ZQK
3981
DELISTED
QUICKSILVER,INC.
ZQK
-84,287
Closed -$56K
GMK
3982
DELISTED
GRUMA SAB DE C V ADS(RP 4 B SHS
GMK
-8,885
Closed -$458K
PMFG
3983
DELISTED
PMFG INC COM STK (DE)
PMFG
-82,015
Closed -$527K
HSP
3984
CALL
DELISTED
HOSPIRA INC
HSP
-13,500
Closed -$1.2M
HSP
3985
DELISTED
HOSPIRA INC
HSP
-240,303
Closed -$21.3M
PLMT
3986
DELISTED
PALMETTO BANCSHARES, INC. (SC) COMMON STOCK
PLMT
-13,620
Closed -$269K
PLL
3987
DELISTED
PALL CORP
PLL
-287,407
Closed -$35.8M
RCPT
3988
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
-54,181
Closed -$10.3M
NOR
3989
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
-51,798
Closed -$308K
FRS
3990
DELISTED
FRISCH'S RESTAURANTS INC
FRS
-7,512
Closed -$252K
ANN
3991
DELISTED
ANN INC
ANN
-476,328
Closed -$23M
BRLI
3992
DELISTED
BIO-REFERENCE LABS INC-NEW-
BRLI
-12,036
Closed -$496K
QLTY
3993
DELISTED
QUALITY DISTR INC FLA
QLTY
-367,585
Closed -$5.68M
OCR
3994
DELISTED
OMNICARE INC
OCR
-289,256
Closed -$27.3M
GTI
3995
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
-903,900
Closed -$4.48M
LNBB
3996
DELISTED
L N B BANCORP INC
LNBB
-17,056
Closed -$316K
CMGE
3997
DELISTED
CHINA MOBILE GAMES & ENTMT GRP LTD SPON ADR (CYM)
CMGE
-377,103
Closed -$7.97M
INFA
3998
DELISTED
INFORMATICA CORP
INFA
-260,600
Closed -$12.6M
CYNI
3999
DELISTED
CYAN INC COM
CYNI
-109,986
Closed -$576K
MCRL
4000
DELISTED
MICREL INC
MCRL
-389,012
Closed -$5.41M

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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.