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 | |
|---|---|---|---|---|---|---|
|
SYKE
1326
DELISTED
SYKES Enterprises Inc
SYKE
| $5.16M | 0.01% |
202,385
-21,398
| -10% | -$534K |
|
1327
Stepan Co
SCL
$1.4B
| $5.16M | 0.01% |
123,965
-17,448
| -12% | -$813K |
|
1328
Urban Outfitters
URBN
$6.48B
| $5.16M | 0.01% |
175,478
-1,103,869
| -86% | -$35.5M |
|
1329
Corpay
CPAY
$27.1B
| $5.15M | 0.01% |
37,435
-76,776
| -67% | -$11.8M |
|
1330
Koppers
KOP
$859M
| $5.15M | 0.01% |
255,311
+92,671
| +57% | +$1.97M |
|
|
EJ
1331
DELISTED
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
| $5.14M | 0.01% |
+865,033
| New | +$5.19M |
|
1332
Advanced Energy
AEIS
$11B
| $5.13M | 0.01% |
195,116
-3,091
| -2% | -$79.7K |
|
1333
Standard BioTools
LAB
$257M
| $5.13M | 0.01% |
632,575
+261,361
| +70% | +$4.11M |
|
|
DNR
1334
DELISTED
Denbury Resources, Inc.
DNR
| $5.13M | 0.01% |
2,102,340
+41,354
| +2% | +$160K |
|
|
AFFX
1335
DELISTED
Affymetrix Inc
AFFX
| $5.12M | 0.01% |
599,713
-36,998
| -6% | -$370K |
|
1336
Abercrombie & Fitch
ANF
$4.87B
| $5.12M | 0.01% |
+241,506
| New | +$4.91M |
|
|
LORL
1337
DELISTED
Loral Space and Communications, Inc.
LORL
| $5.12M | 0.01% |
108,637
+24,165
| +29% | +$1.42M |
|
1338
Pentair
PNR
$10B
| $5.11M | 0.01% |
+149,058
| New | +$5.86M |
|
1339
Sibanye-Stillwater
SBSW
$8.73B
| $5.11M | 0.01% |
1,167,527
+1,108,600
| +1,881% | +$5.52M |
|
|
FNSR
1340
DELISTED
Finisar Corp
FNSR
| $5.1M | 0.01% |
457,865
+339,394
| +286% | +$5.32M |
|
1341
Sanmina
SANM
$10.1B
| $5.08M | 0.01% |
+237,470
| New | +$4.79M |
|
|
Y
1342
DELISTED
Alleghany Corp
Y
| $5.07M | 0.01% |
10,829
+5,414
| +100% | +$2.6M |
|
1343
Willis Towers Watson
WTW
$32.2B
| $5.06M | 0.01% |
46,644
+31,445
| +207% | +$3.73M |
|
1344
Churchill Downs
CHDN
$6.24B
| $5.06M | 0.01% |
+226,860
| New | +$5.03M |
|
1345
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.75B
| $5.05M | 0.01% |
38,461
-146,797
| -79% | -$22.4M |
|
1346
CALL
GE Aerospace
GE
$360B
| $5.04M | 0.01% |
41,732
| – | – |
|
1347
PUT
Olin
OLN
$1.97B
| $5.04M | 0.01% |
+300,000
| New | +$6.34M |
|
1348
Accuray
ARAY
$32.8M
| $5.04M | 0.01% |
1,008,496
-320,774
| -24% | -$2.06M |
|
|
ERF
1349
DELISTED
Enerplus Corporation
ERF
| $5.03M | 0.01% |
1,034,786
+443,801
| +75% | +$2.82M |
|
1350
Celanese
CE
$4.88B
| $5.01M | 0.01% |
+84,714
| New | +$5.37M |
|
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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.