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 | |
|---|---|---|---|---|---|---|
|
MDC
1101
DELISTED
M.D.C. Holdings, Inc.
MDC
| $7.39M | 0.02% |
401,961
-353,007
| -47% | -$6.69M |
|
|
CLNY
1102
DELISTED
Colony Capital, Inc.
CLNY
| $7.39M | 0.02% |
379,294
-285,153
| -43% | -$5.81M |
|
1103
ArcBest
ARCB
$3.01B
| $7.37M | 0.02% |
344,761
+136,635
| +66% | +$3.37M |
|
|
RAD
1104
DELISTED
Rite Aid Corporation
RAD
| $7.36M | 0.02% |
46,960
-94,132
| -67% | -$13.9M |
|
|
FCB
1105
DELISTED
FCB Financial Holdings, Inc.
FCB
| $7.34M | 0.02% |
205,134
+94,402
| +85% | +$3.37M |
|
1106
CALL
Valero Energy
VLO
$99.6B
| $7.33M | 0.02% |
103,700
-77,500
| -43% | -$5.28M |
|
1107
AutoNation
AN
$6.45B
| $7.33M | 0.02% |
122,772
-44,696
| -27% | -$2.77M |
|
1108
World Kinect Corp
WKC
$1.82B
| $7.32M | 0.02% |
190,340
+142,108
| +295% | +$5.82M |
|
1109
CALL
Yum! Brands
YUM
$42.9B
| $7.3M | 0.02% |
+139,100
| New | +$7.27M |
|
|
NGLS
1110
DELISTED
TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS
| $7.27M | 0.02% |
+439,585
| New | +$10.9M |
|
1111
Selective Insurance
SIGI
$5.52B
| $7.24M | 0.02% |
215,500
+29,242
| +16% | +$1.01M |
|
|
HI
1112
DELISTED
Hillenbrand
HI
| $7.21M | 0.02% |
243,472
-189,046
| -44% | -$5.55M |
|
1113
Agnico Eagle Mines
AEM
$110B
| $7.2M | 0.02% |
274,024
-1,355,769
| -83% | -$37M |
|
|
HW
1114
DELISTED
Headwaters Inc
HW
| $7.18M | 0.02% |
425,834
+272,175
| +177% | +$5.12M |
|
|
MASI
1115
DELISTED
Masimo
MASI
| $7.18M | 0.02% |
173,036
+157,092
| +985% | +$6.42M |
|
1116
Kinross Gold
KGC
$39.1B
| $7.18M | 0.02% |
3,943,876
+2,727,786
| +224% | +$5.39M |
|
|
TEN
1117
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $7.17M | 0.02% |
156,109
+75,698
| +94% | +$3.84M |
|
|
SIR
1118
DELISTED
SELECT INCOME REIT
SIR
| $7.16M | 0.02% |
822,124
+534,362
| +186% | +$4.7M |
|
1119
Beazer Homes USA
BZH
$883M
| $7.16M | 0.02% |
+622,861
| New | +$8.53M |
|
1120
Netflix
NFLX
$333B
| $7.15M | 0.02% |
625,270
-7,706,410
| -92% | -$88.1M |
|
|
HES
1121
CALL
DELISTED
Hess
HES
| $7.15M | 0.02% |
147,500
-167,800
| -53% | -$9.52M |
|
|
PFPT
1122
DELISTED
Proofpoint, Inc.
PFPT
| $7.14M | 0.02% |
109,908
+682
| +0.6% | +$45.7K |
|
|
FRC
1123
DELISTED
First Republic Bank
FRC
| $7.13M | 0.02% |
+107,895
| New | +$7.13M |
|
1124
Autoliv
ALV
$9.02B
| $7.11M | 0.01% |
+79,037
| New | +$6.92M |
|
|
VRTU
1125
DELISTED
Virtusa Corporation
VRTU
| $7.09M | 0.01% |
+171,570
| New | +$8.63M |
|
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.