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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
EXL
4001
DELISTED
EXCEL TRUST , INC COM STK
EXL
-894
Closed -$14K
MRH
4002
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
-462,634
Closed -$18.3M
SUSQ
4003
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
-54,162
Closed -$765K
MILL
4004
DELISTED
MILLER ENERGY RESOURCES, INC COM STK
MILL
-330,292
Closed -$121K
DTV
4005
CALL
DELISTED
DIRECTV COM STK (DE)
DTV
-97,700
Closed -$9.07M
DTV
4006
DELISTED
DIRECTV COM STK (DE)
DTV
-357,442
Closed -$33.2M
CTRX
4007
CALL
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
-387,100
Closed -$23.6M
CTRX
4008
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
-513,166
Closed -$31.3M
CTRX
4009
PUT
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
-27,100
Closed -$1.66M
FMSA
4010
PUT
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
-1,534,300
Closed -$12.6M
ROSE
4011
DELISTED
ROSETTA RESOURCES INC
ROSE
-52,918
Closed -$1.23M
BALT
4012
DELISTED
BALTIC TRADING LIMITED COMMON STOCK
BALT
-284,787
Closed -$456K
ANR
4013
DELISTED
Alpha Natural Resources Inc
ANR
-2,102,750
Closed -$635K
CKSW
4014
DELISTED
CLICKSOFTWARE TECH LTD
CKSW
-494,101
Closed -$6.21M
ADVS
4015
DELISTED
Advent Software Inc
ADVS
-5,904
Closed -$261K
WLT
4016
DELISTED
WALTER ENERGY INC COM STK (DE)
WLT
-1,185,619
Closed -$258K
KRFT
4017
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
-1,038,808
Closed -$88.4M
FDO
4018
DELISTED
FAMILY DOLLAR STORES
FDO
-18,213
Closed -$1.44M
LOCM
4019
DELISTED
LOCAL CORP COM STK (DE)
LOCM
-44,366
Closed -$4K
ADNC
4020
DELISTED
AUDIENCE INC COM STK (DE)
ADNC
-11,168
Closed -$55K
RKT
4021
DELISTED
ROCK-TENN COMPANY CL-A
RKT
-1,797,254
Closed -$108M
IGTE
4022
DELISTED
IGATE CORPORATION
IGTE
-8,251
Closed -$393K
MWV
4023
DELISTED
MEADWESTVACO CORP
MWV
-40,630
Closed -$1.92M
DRC
4024
DELISTED
DRESSER-RAND GROUP INC
DRC
-37,100
Closed -$3.16M
CJES
4025
DELISTED
C&J ENERGY SVCS LTD
CJES
-139,365
Closed -$1.84M

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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.