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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
CJES
4026
PUT
DELISTED
C&J ENERGY SVCS LTD
CJES
-169,100
Closed -$2.23M
OHAI
4027
DELISTED
OHA Investment Corporation
OHAI
-16,529
Closed -$94K
STRZA
4028
DELISTED
Starz - Series A
STRZA
-107,533
Closed -$4.81M
GTT
4029
DELISTED
GTT Communications, Inc.
GTT
-28,291
Closed -$675K
EOX
4030
DELISTED
EMERALD OIL INC (MT)
EOX
-81,349
Closed -$346K
ATVI
4031
CALL
DELISTED
Activision Blizzard
ATVI
-200,000
Closed -$4.84M
MRGE
4032
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
-67,865
Closed -$326K
IIP
4033
DELISTED
INTERNAP NETWORK SERVICES CORPORATION
IIP
-14,000
Closed -$130K
CAM
4034
CALL
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
-455,400
Closed -$23.8M
VIA
4035
DELISTED
Viacom Inc. Class A
VIA
-17,360
Closed -$1.13M
IBTX
4036
DELISTED
Independent Bank Group, Inc.
IBTX
-38,496
Closed -$1.65M
EBIX
4037
DELISTED
Ebix Inc
EBIX
-12,691
Closed -$414K
ERUS
4038
DELISTED
iShares MSCI Russia ETF
ERUS
-11,276
Closed -$318K
STFC
4039
DELISTED
State Auto Financial Corp
STFC
-13,556
Closed -$325K
MCF
4040
DELISTED
Contango Oil & Gas Co.
MCF
-34,025
Closed -$417K
UFS
4041
CALL
DELISTED
DOMTAR CORPORATION (New)
UFS
-80,000
Closed -$3.31M
MTSC
4042
DELISTED
MTS Systems Corp
MTSC
-10,619
Closed -$732K
CHL
4043
DELISTED
China Mobile Limited
CHL
-27,240
Closed -$1.75M
TAT
4044
DELISTED
TransAtlantic Petroleum LTD.
TAT
-17,558
Closed -$90K
FTR
4045
CALL
DELISTED
Frontier Communications Corp.
FTR
-16,667
Closed -$1.24M
CELG
4046
PUT
DELISTED
Celgene Corp
CELG
-50,000
Closed -$5.79M
TRCO
4047
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
-415,806
Closed -$22.2M
CCIH
4048
DELISTED
Chinacache International Holdings Ltd
CCIH
-43,506
Closed -$545K
OSIR
4049
DELISTED
Osiris Therapeutics, Inc. Common Stock
OSIR
-35,850
Closed -$698K
AST
4050
DELISTED
Asterias Biotherapeutics Inc. Series A
AST
-134,102
Closed -$617K

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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.