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 | |
|---|---|---|---|---|---|---|
826
Ambev
ABEV
$45B
| $12.1M | 0.03% |
2,708,226
+1,041,802
| +63% | +$5.09M |
|
|
ARGO
827
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $12.1M | 0.03% |
255,167
-82,053
| -24% | -$4.02M |
|
828
Glacier Bancorp
GBCI
$6.09B
| $12.1M | 0.03% |
454,792
+414,990
| +1,043% | +$11.5M |
|
829
Casey's General Stores
CASY
$31.6B
| $12.1M | 0.03% |
100,158
+83,574
| +504% | +$9.54M |
|
|
WCC
830
WESCO International
WCC
$16.4B
| $12M | 0.03% |
+275,179
| New | +$12.8M |
|
|
SOHU
831
Sohu.com
SOHU
$379M
| $12M | 0.03% |
210,147
+7,423
| +4% | +$376K |
|
832
Charter Communications
CHTR
$17.9B
| $12M | 0.03% |
65,620
-322,021
| -83% | -$59.6M |
|
|
CNR
833
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $12M | 0.03% |
964,593
+258,610
| +37% | +$2.95M |
|
834
Brady Corp
BRC
$4.45B
| $12M | 0.03% |
520,273
+319,612
| +159% | +$7.45M |
|
835
Alliant Energy
LNT
$17.7B
| $11.9M | 0.03% |
381,682
-77,206
| -17% | -$2.32M |
|
|
AKRX
836
DELISTED
Akorn Inc
AKRX
| $11.9M | 0.03% |
318,535
-766,645
| -71% | -$24M |
|
837
Rithm Capital
RITM
$5.72B
| $11.9M | 0.03% |
976,233
-507,652
| -34% | -$6.26M |
|
838
Allegion
ALLE
$13.8B
| $11.9M | 0.02% |
179,982
-353,757
| -66% | -$22.7M |
|
|
DCH
839
Dauch Corp
DCH
$1.53B
| $11.8M | 0.02% |
+625,051
| New | +$13.2M |
|
|
CCRN
840
DELISTED
Cross Country Healthcare
CCRN
| $11.8M | 0.02% |
721,547
-329,819
| -31% | -$5.24M |
|
|
AF
841
DELISTED
Astoria Financial Corporation
AF
| $11.8M | 0.02% |
746,114
-336,112
| -31% | -$5.46M |
|
|
CTB
842
DELISTED
Cooper Tire & Rubber Co.
CTB
| $11.8M | 0.02% |
311,766
+248,557
| +393% | +$10.1M |
|
|
WUBA
843
DELISTED
58.com Inc
WUBA
| $11.8M | 0.02% |
178,689
+10,740
| +6% | +$605K |
|
|
MSCC
844
DELISTED
Microsemi Corp
MSCC
| $11.7M | 0.02% |
360,007
+338,172
| +1,549% | +$11.9M |
|
845
Houlihan Lokey
HLI
$9.01B
| $11.7M | 0.02% |
447,073
+101,291
| +29% | +$2.31M |
|
|
APOL
846
DELISTED
Apollo Education Group Inc Class A
APOL
| $11.6M | 0.02% |
1,516,217
+1,330,272
| +715% | +$11M |
|
|
WRI
847
DELISTED
Weingarten Realty Investors
WRI
| $11.6M | 0.02% |
336,136
+65,968
| +24% | +$2.28M |
|
848
JetBlue
JBLU
$1.87B
| $11.6M | 0.02% |
513,121
+122,017
| +31% | +$3.04M |
|
|
SNDK
849
DELISTED
SANDISK CORP
SNDK
| $11.6M | 0.02% |
+152,947
| New | +$11.2M |
|
850
Paychex
PAYX
$44.8B
| $11.6M | 0.02% |
+219,437
| New | +$11.5M |
|
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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.