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 | |
|---|---|---|---|---|---|---|
551
SL Green Realty
SLG
$4.07B
| $21.2M | 0.04% |
194,140
+184,330
| +1,879% | +$20.7M |
|
|
VIAB
552
CALL
DELISTED
Viacom Inc. Class B
VIAB
| $21.2M | 0.04% |
515,000
+15,000
| +3% | +$703K |
|
|
NVRO
553
DELISTED
NEVRO CORP.
NVRO
| $21M | 0.04% |
+311,037
| New | +$16.7M |
|
|
STAY
554
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $21M | 0.04% |
1,319,291
+779,997
| +145% | +$13.7M |
|
|
TSRO
555
DELISTED
TESARO, Inc.
TSRO
| $20.9M | 0.04% |
399,951
+202,307
| +102% | +$9.67M |
|
|
CWEI
556
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $20.9M | 0.04% |
706,014
+91,591
| +15% | +$4.8M |
|
557
Energy Transfer Partners
ET
$73B
| $20.8M | 0.04% |
1,516,912
+558,570
| +58% | +$10.4M |
|
|
HRC
558
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $20.8M | 0.04% |
432,334
+185,905
| +75% | +$9.49M |
|
|
CIM
559
Chimera Investment
CIM
$964M
| $20.7M | 0.04% |
505,884
-324,234
| -39% | -$13.6M |
|
560
The Greenbrier Companies
GBX
$1.42B
| $20.6M | 0.04% |
633,026
+132,026
| +26% | +$4.53M |
|
561
Westlake Corp
WLK
$10.1B
| $20.5M | 0.04% |
378,106
-1,165,503
| -76% | -$67.5M |
|
562
Yelp
YELP
$1.27B
| $20.5M | 0.04% |
712,875
+55,518
| +8% | +$1.46M |
|
563
Central Pacific Financial
CPF
$964M
| $20.5M | 0.04% |
930,228
+198,153
| +27% | +$4.39M |
|
|
FPRX
564
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $20.4M | 0.04% |
492,371
-257,820
| -34% | -$8.64M |
|
|
GWR
565
DELISTED
Genesee & Wyoming Inc.
GWR
| $20.4M | 0.04% |
380,506
-199,935
| -34% | -$12.6M |
|
|
AMTD
566
DELISTED
TD Ameritrade Holding Corp
AMTD
| $20.4M | 0.04% |
587,862
+415,097
| +240% | +$14.4M |
|
567
Saic
SAIC
$5.41B
| $20.4M | 0.04% |
444,665
+409,551
| +1,166% | +$18.7M |
|
|
FCE.A
568
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $20.4M | 0.04% |
928,106
+387,334
| +72% | +$8.44M |
|
|
TPH
569
DELISTED
Tri Pointe Homes
TPH
| $20.4M | 0.04% |
1,606,338
+721,338
| +82% | +$9.66M |
|
570
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.57B
| $20.2M | 0.04% |
17,398
+8,859
| +104% | +$10.4M |
|
571
Coca-Cola
KO
$392B
| $20.2M | 0.04% |
469,389
-1,712,516
| -78% | -$72.7M |
|
572
Builders FirstSource
BLDR
$7.55B
| $20M | 0.04% |
1,808,117
+1,134,156
| +168% | +$14.4M |
|
|
TMH
573
DELISTED
Team Health Holdings Inc
TMH
| $19.9M | 0.04% |
454,095
+40,466
| +10% | +$2.14M |
|
574
Kimco Realty
KIM
$16.1B
| $19.9M | 0.04% |
751,667
+685,175
| +1,030% | +$17.8M |
|
575
Dollar General
DG
$27.2B
| $19.9M | 0.04% |
276,689
+198,095
| +252% | +$13.4M |
|
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.