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 | |
|---|---|---|---|---|---|---|
|
USG
951
DELISTED
Usg
USG
| $9.53M | 0.02% |
392,519
-560,154
| -59% | -$13.8M |
|
952
UMB Financial
UMBF
$10.9B
| $9.51M | 0.02% |
204,342
+195,896
| +2,319% | +$9.89M |
|
|
SCAI
953
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $9.51M | 0.02% |
238,810
+212,996
| +825% | +$7.41M |
|
954
MacroGenics
MGNX
$256M
| $9.48M | 0.02% |
306,204
-96,473
| -24% | -$2.93M |
|
955
Coty
COTY
$2.46B
| $9.46M | 0.02% |
368,907
+155,130
| +73% | +$4.31M |
|
956
Vanguard Extended Market ETF
VXF
$31.4B
| $9.45M | 0.02% |
112,801
+97,231
| +624% | +$8.31M |
|
957
CALL
Northrop Grumman
NOC
$78B
| $9.44M | 0.02% |
+50,000
| New | +$9.17M |
|
|
HAR
958
DELISTED
Harman International Industries
HAR
| $9.39M | 0.02% |
99,684
-37,719
| -27% | -$3.82M |
|
959
RLJ Lodging Trust
RLJ
$1.76B
| $9.36M | 0.02% |
+432,735
| New | +$10.6M |
|
|
OSG
960
Octave Specialty Group
OSG
$204M
| $9.35M | 0.02% |
663,351
-347,700
| -34% | -$5.34M |
|
961
VeriSign
VRSN
$26.3B
| $9.34M | 0.02% |
106,948
+28,152
| +36% | +$2.35M |
|
962
Travere Therapeutics
TVTX
$6.15B
| $9.32M | 0.02% |
483,299
+21,165
| +5% | +$423K |
|
|
SCTY
963
PUT
DELISTED
SolarCity Corporation
SCTY
| $9.32M | 0.02% |
182,700
+25,000
| +16% | +$970K |
|
964
Fulton Financial
FULT
$4.5B
| $9.31M | 0.02% |
715,900
-682,644
| -49% | -$9.16M |
|
965
Microchip Technology
MCHP
$40.3B
| $9.3M | 0.02% |
399,482
+31,244
| +8% | +$733K |
|
966
Minerals Technologies
MTX
$2.24B
| $9.29M | 0.02% |
202,571
+76,811
| +61% | +$4.31M |
|
967
Dine Brands
DIN
$457M
| $9.24M | 0.02% |
109,093
-47,146
| -30% | -$4.04M |
|
968
American Financial Group
AFG
$12B
| $9.22M | 0.02% |
127,963
-7,156
| -5% | -$515K |
|
969
Emcor
EME
$33.7B
| $9.21M | 0.02% |
191,816
-14,005
| -7% | -$672K |
|
|
LUMO
970
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $9.16M | 0.02% |
27,975
+25,989
| +1,309% | +$8.46M |
|
|
WGL
971
DELISTED
Wgl Holdings
WGL
| $9.14M | 0.02% |
145,161
-19,378
| -12% | -$1.18M |
|
972
Adeia
ADEA
$2.9B
| $9.14M | 0.02% |
1,151,517
-41,398
| -3% | -$362K |
|
973
PUT
Core Laboratories
CLB
$553M
| $9.12M | 0.02% |
+83,900
| New | +$9.6M |
|
|
NSTG
974
DELISTED
NanoString Technologies, Inc.
NSTG
| $9.07M | 0.02% |
616,820
-40,770
| -6% | -$600K |
|
975
Gibraltar Industries
ROCK
$1.37B
| $9.03M | 0.02% |
355,099
+168,809
| +91% | +$4.05M |
|
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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.