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 | |
|---|---|---|---|---|---|---|
|
BNCL
976
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $9.27M | 0.02% |
698,729
-1,097,230
| -61% | -$14M |
|
|
CEO
977
DELISTED
CNOOC Limited
CEO
| $9.23M | 0.02% |
89,546
+19,235
| +27% | +$2.3M |
|
978
Check Point Software Technologies
CHKP
$13.3B
| $9.21M | 0.02% |
116,143
-1,066,141
| -90% | -$85.2M |
|
|
CRC
979
DELISTED
California Resources Corporation
CRC
| $9.21M | 0.02% |
354,056
+227,968
| +181% | +$8.94M |
|
980
Scotiabank
BNS
$106B
| $9.2M | 0.02% |
216,077
+149,075
| +222% | +$6.71M |
|
981
Kohl's
KSS
$2.08B
| $9.16M | 0.02% |
197,872
+185,891
| +1,552% | +$10.5M |
|
|
SGNT
982
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $9.13M | 0.02% |
595,491
+287,210
| +93% | +$6.21M |
|
983
Hanmi Financial
HAFC
$926M
| $9.13M | 0.02% |
362,186
-414,780
| -53% | -$10.4M |
|
984
Emcor
EME
$33.7B
| $9.11M | 0.02% |
+205,821
| New | +$9.6M |
|
985
Mueller Water Products
MWA
$3.93B
| $9.07M | 0.02% |
1,183,818
+939,597
| +385% | +$8.05M |
|
|
CHSP
986
DELISTED
Chesapeake Lodging Trust
CHSP
| $9.05M | 0.02% |
347,482
+145,224
| +72% | +$4.39M |
|
|
STAY
987
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $9.05M | 0.02% |
539,294
+400,753
| +289% | +$7.35M |
|
988
United Parcel Service
UPS
$87.4B
| $9.04M | 0.02% |
91,595
-375,880
| -80% | -$37.1M |
|
|
DNKN
989
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $9.03M | 0.02% |
184,330
+179,310
| +3,572% | +$9.29M |
|
|
ITCI
990
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $9.03M | 0.02% |
225,400
+150,000
| +199% | +$4.89M |
|
991
GSK
GSK
$104B
| $8.98M | 0.02% |
186,879
-185,508
| -50% | -$9.66M |
|
|
ALTR
992
DELISTED
Altera Corp
ALTR
| $8.96M | 0.02% |
178,924
-87,373
| -33% | -$4.34M |
|
993
AptarGroup
ATR
$8.57B
| $8.95M | 0.02% |
135,754
+82,801
| +156% | +$5.49M |
|
|
WRI
994
DELISTED
Weingarten Realty Investors
WRI
| $8.95M | 0.02% |
270,168
+263,968
| +4,258% | +$8.84M |
|
995
MACOM Technology Solutions
MTSI
$19.7B
| $8.93M | 0.02% |
308,107
+199,722
| +184% | +$6.3M |
|
|
CQH
996
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $8.91M | 0.02% |
468,902
-264,791
| -36% | -$5.6M |
|
|
SEE
997
DELISTED
Sealed Air
SEE
| $8.9M | 0.02% |
189,838
+126,779
| +201% | +$6.55M |
|
998
Timken Company
TKR
$8.5B
| $8.88M | 0.02% |
323,198
-288,056
| -47% | -$9.19M |
|
|
CSGS
999
DELISTED
CSG Systems International
CSGS
| $8.88M | 0.02% |
288,447
-40,676
| -12% | -$1.26M |
|
1000
CALL
Bristol-Myers Squibb
BMY
$137B
| $8.88M | 0.02% |
150,000
-300,000
| -67% | -$19M |
|
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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.