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 |
DuPont de Nemours
DD
|
+$1.55B |
| 2 |
Comcast
CMCSA
|
+$449M |
| 3 |
SLB Ltd
SLB
|
+$298M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$281M |
| 5 |
Qualcomm
QCOM
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$229M |
| 2 |
Sempra
SRE
|
+$192M |
| 3 |
Bausch Health
BHC
|
+$183M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$175M |
| 5 |
PepsiCo
PEP
|
+$173M |
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 | |
|---|---|---|---|---|---|---|
|
KLXI
626
DELISTED
KLX Inc.
KLXI
| $17.6M | 0.03% |
583,304
+23,519
| +4% | +$779K |
|
|
GRA
627
DELISTED
W.R. Grace & Co.
GRA
| $17.6M | 0.03% |
188,822
+111,440
| +144% | +$11.1M |
|
628
Oxford Industries
OXM
$546M
| $17.5M | 0.03% |
237,116
+10,137
| +4% | +$841K |
|
629
Sarepta Therapeutics
SRPT
$1.92B
| $17.5M | 0.03% |
545,471
+505,471
| +1,264% | +$17.2M |
|
|
DISH
630
CALL
DELISTED
DISH Network Corp.
DISH
| $17.5M | 0.03% |
300,000
+250,000
| +500% | +$15.9M |
|
|
GIMO
631
DELISTED
Gigamon Inc.
GIMO
| $17.5M | 0.03% |
873,505
+10,759
| +1% | +$282K |
|
|
ACAS
632
DELISTED
American Capital Ltd
ACAS
| $17.4M | 0.03% |
1,434,197
+594,547
| +71% | +$7.97M |
|
|
AVP
633
DELISTED
Avon Products, Inc.
AVP
| $17.4M | 0.03% |
5,363,488
+5,302,588
| +8,707% | +$26.9M |
|
|
AF
634
DELISTED
Astoria Financial Corporation
AF
| $17.4M | 0.03% |
1,082,226
-420,486
| -28% | -$6.5M |
|
635
Signet Jewelers
SIG
$3.24B
| $17.3M | 0.03% |
127,384
-50,094
| -28% | -$6.42M |
|
636
Primerica
PRI
$9.23B
| $17.3M | 0.03% |
383,725
+161,454
| +73% | +$7.07M |
|
637
Targa Resources
TRGP
$63.1B
| $17.3M | 0.03% |
335,264
+321,428
| +2,323% | +$23.5M |
|
638
Groupon
GRPN
$798M
| $17.2M | 0.03% |
263,552
-227,320
| -46% | -$20.2M |
|
639
Kaiser Aluminum
KALU
$2.49B
| $17.1M | 0.03% |
213,569
+50,605
| +31% | +$4.21M |
|
|
RAD
640
DELISTED
Rite Aid Corporation
RAD
| $17.1M | 0.03% |
141,092
-39,627
| -22% | -$6.6M |
|
641
American International
AIG
$40.5B
| $17.1M | 0.03% |
300,620
+134,365
| +81% | +$8.21M |
|
642
Dave & Buster's
PLAY
$362M
| $17M | 0.03% |
450,441
+131,516
| +41% | +$5M |
|
|
IHS
643
DELISTED
IHS INC CL-A COM STK
IHS
| $17M | 0.03% |
146,788
+121,688
| +485% | +$14.7M |
|
|
AEL
644
DELISTED
American Equity Investment Life Holding Company
AEL
| $17M | 0.03% |
729,967
+446,333
| +157% | +$11.5M |
|
|
IDTI
645
DELISTED
Integrated Device Technology I
IDTI
| $17M | 0.03% |
836,765
-300,211
| -26% | -$5.88M |
|
|
KSU
646
DELISTED
Kansas City Southern
KSU
| $17M | 0.03% |
186,667
-334
| -0.2% | -$31.5K |
|
647
Fulton Financial
FULT
$4.5B
| $16.9M | 0.03% |
1,398,544
-39,855
| -3% | -$502K |
|
648
Synaptics
SYNA
$3.66B
| $16.9M | 0.03% |
205,096
+146,694
| +251% | +$11.1M |
|
649
Cirrus Logic
CRUS
$5.6B
| $16.8M | 0.03% |
532,605
+157,338
| +42% | +$4.82M |
|
650
Clorox
CLX
$13B
| $16.7M | 0.03% |
+144,872
| New | +$16.3M |
|
Similar funds
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.