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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
VLP
4051
CALL
DELISTED
Valero Energy Partners LP
VLP
-43,600
Closed -$2.23M
JMBA
4052
DELISTED
Jamba, Inc.
JMBA
-26,473
Closed -$410K
DST
4053
DELISTED
DST Systems Inc.
DST
-5,324
Closed -$335K
BCR
4054
CALL
DELISTED
CR Bard Inc.
BCR
-75,000
Closed -$12.8M
HNH
4055
DELISTED
Handy & Harman Holdings Ltd.
HNH
-5,952
Closed -$206K
FPO
4056
DELISTED
First Potomac Realty Trust
FPO
-28,402
Closed -$293K
NADL
4057
DELISTED
North Atlantic Drilling Ltd
NADL
-84,243
Closed -$1M
NORD
4058
DELISTED
Nord Anglia Education, Inc.
NORD
-15,300
Closed -$375K
FENX
4059
DELISTED
Fenix Parts, Inc.
FENX
-2,566
Closed -$26K
CFNL
4060
DELISTED
Cardinal Financial Corp
CFNL
-138,202
Closed -$3.01M
WWAV
4061
CALL
DELISTED
The WhiteWave Foods Company
WWAV
-50,000
Closed -$2.44M
MCUR
4062
DELISTED
Macrocure Ltd.
MCUR
-16,657
Closed -$231K
RRMS
4063
CALL
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
-9,200
Closed -$430K
MDVN
4064
CALL
DELISTED
MEDIVATION, INC.
MDVN
-300,000
Closed -$17.1M
DEG
4065
DELISTED
ETABLISSEMENT DELHZ ADS 4 ADS REPTGS 1 ORD SHS
DEG
-15,100
Closed -$312K
DWRE
4066
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
-5,000
Closed -$355K
XUE
4067
DELISTED
XUEDA EDUCATION GROUP ADS REPTG 2 ORD SHS
XUE
-37,056
Closed -$140K
RKUS
4068
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
-76,798
Closed -$794K
NWLIA
4069
DELISTED
NATL WESTN LIFE INS CO CL A
NWLIA
-2,400
Closed -$575K
MNR
4070
DELISTED
Monmouth Real Estate Investment Corp
MNR
-163,586
Closed -$1.59M
VXX
4071
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
-46,594
Closed -$15M
VXX
4072
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
-15,475
Closed -$4.98M
GMAN
4073
DELISTED
Gordmans Stores, Inc.
GMAN
-17,745
Closed -$109K
PACD
4074
DELISTED
Pacific Drilling S A
PACD
-37,191
Closed -$1.04M
RTI
4075
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
-210,206
Closed -$6.63M

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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.