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 |
Merck
MRK
|
+$216M |
| 2 |
Apple
AAPL
|
+$215M |
| 3 |
KeyCorp
KEY
|
+$212M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$210M |
| 5 |
Synchrony
SYF
|
+$204M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$1.82B |
| 2 |
Comcast
CMCSA
|
+$427M |
| 3 |
Amazon
AMZN
|
+$418M |
| 4 |
SLB Ltd
SLB
|
+$312M |
| 5 |
Ameren
AEE
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.36% |
| 2 | Energy | 10.86% |
| 3 | Financials | 9.53% |
| 4 | Consumer Discretionary | 9.42% |
| 5 | Technology | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Crown Castle
CCI
$32.1B
| $31.8M | 0.07% |
368,391
-1,297,647
| -78% | -$110M |
|
|
TMX
402
DELISTED
Terminix Global Holdings, Inc.
TMX
| $31.8M | 0.07% |
1,209,430
+545,942
| +82% | +$13.2M |
|
403
HP
HPQ
$27.2B
| $31.7M | 0.07% |
2,680,692
-1,174,530
| -30% | -$15M |
|
|
SEM
404
DELISTED
Select Medical
SEM
| $31.7M | 0.07% |
4,945,722
-513,264
| -9% | -$3.21M |
|
405
RenaissanceRe
RNR
$13.4B
| $31.7M | 0.07% |
279,631
+104,417
| +60% | +$11.6M |
|
406
Five Below
FIVE
$13.8B
| $31.6M | 0.07% |
+984,481
| New | +$31.5M |
|
|
BIG
407
DELISTED
Big Lots, Inc.
BIG
| $31.4M | 0.07% |
813,755
+662,549
| +438% | +$29.4M |
|
408
Avis
CAR
$5.18B
| $31.3M | 0.07% |
861,425
+844,225
| +4,908% | +$35.6M |
|
|
ZLTQ
409
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $31.2M | 0.07% |
1,092,691
+191,415
| +21% | +$6.04M |
|
|
MDCO
410
DELISTED
Medicines Co
MDCO
| $31.1M | 0.07% |
833,482
-1,526,091
| -65% | -$57.7M |
|
411
TE Connectivity
TEL
$58.9B
| $31.1M | 0.07% |
480,912
-82,904
| -15% | -$5.34M |
|
412
AMC Global Media
AMCX
$511M
| $31M | 0.07% |
414,861
+69,490
| +20% | +$5.34M |
|
|
DOC
413
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $30.9M | 0.07% |
1,832,763
+946,068
| +107% | +$15.1M |
|
414
Hewlett Packard
HPE
$70.8B
| $30.5M | 0.06% |
+3,453,888
| New | +$28.9M |
|
415
Sun Communities
SUI
$14.8B
| $30.4M | 0.06% |
443,210
-197,270
| -31% | -$13.3M |
|
|
BCR
416
DELISTED
CR Bard Inc.
BCR
| $30.4M | 0.06% |
160,320
-210,575
| -57% | -$39.4M |
|
417
Incyte
INCY
$25.9B
| $30.3M | 0.06% |
279,104
-92,349
| -25% | -$10.3M |
|
|
SAGE
418
DELISTED
Sage Therapeutics
SAGE
| $30.2M | 0.06% |
+518,738
| New | +$25.7M |
|
|
OKS
419
DELISTED
Oneok Partners LP
OKS
| $30.2M | 0.06% |
1,002,579
+705,184
| +237% | +$21.4M |
|
420
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.93B
| $30.1M | 0.06% |
249,370
+210,909
| +548% | +$30M |
|
|
DISH
421
CALL
DELISTED
DISH Network Corp.
DISH
| $30.1M | 0.06% |
526,000
+226,000
| +75% | +$13.8M |
|
422
Eli Lilly
LLY
$1.12T
| $30M | 0.06% |
356,049
-145,568
| -29% | -$12.1M |
|
423
Kirby Corp
KEX
$7.39B
| $29.9M | 0.06% |
568,914
+230,880
| +68% | +$14.3M |
|
|
IPXL
424
DELISTED
Impax Laboratories, Inc.
IPXL
| $29.8M | 0.06% |
697,956
+308,301
| +79% | +$12.3M |
|
425
PENN Entertainment
PENN
$2.5B
| $29.8M | 0.06% |
1,857,761
+217,625
| +13% | +$3.66M |
|
Similar funds
Israel Englander's Q4 2015 Portfolio in Review
As of Q4 2015, Israel Englander held 4,144 positions worth $47.6B, down 7.9% from $51.6B the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Israel Englander withdrew a net $5.89B in Q4 2015, closing 778 positions and reducing 1,349 holdings. Its most notable exit was Illumina, an estimated $86.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Energy and Financials.
Against the trend, Israel Englander opened a new position in Alphabet (Google) Class A worth $221M.
- Israel Englander's largest Q4 2015 buy was Alphabet (Google) Class A: 5,673,120 shares worth $221M.
- Israel Englander added most to Merck in Q4 2015, an estimated $216M increase.
- Israel Englander's biggest Q4 2015 reduction was DuPont de Nemours, cutting an estimated $1.82B.
- Israel Englander fully exited Illumina in Q4 2015, selling an estimated $86.9M.
- Israel Englander's ten largest holdings make up 10% of its $47.6B portfolio in Q4 2015.
- Israel Englander opened 733 new positions and closed 778 in Q4 2015.
- Israel Englander's portfolio value fell 7.9% quarter-over-quarter to $47.6B.
Based on Millennium Management's 13F filing for Q4 2015, filed 16 Feb 2016.