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 | |
|---|---|---|---|---|---|---|
1326
CALL
Conagra Brands
CAG
$7.81B
| $5.27M | 0.01% |
+160,625
| New | +$5.13M |
|
1327
Steven Madden
SHOO
$3.33B
| $5.26M | 0.01% |
261,030
+252,717
| +3,040% | +$5.61M |
|
1328
Quanex
NX
$916M
| $5.24M | 0.01% |
251,387
+148,143
| +143% | +$2.86M |
|
|
AAWW
1329
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $5.24M | 0.01% |
126,778
-52,852
| -29% | -$2.14M |
|
1330
Vishay Intertechnology
VSH
$4.8B
| $5.23M | 0.01% |
433,756
-725,521
| -63% | -$8.19M |
|
|
SWN
1331
CALL
DELISTED
Southwestern Energy Company
SWN
| $5.22M | 0.01% |
734,700
+250,000
| +52% | +$2.45M |
|
1332
Scotiabank
BNS
$113B
| $5.22M | 0.01% |
131,963
-84,114
| -39% | -$3.63M |
|
1333
Kforce
KFRC
$1.03B
| $5.22M | 0.01% |
206,505
-69,028
| -25% | -$1.83M |
|
1334
Moog Inc Class A
MOG.A
$11.9B
| $5.21M | 0.01% |
85,971
-98,322
| -53% | -$6.1M |
|
1335
Brixmor Property Group
BRX
$9.05B
| $5.19M | 0.01% |
201,120
-98,664
| -33% | -$2.48M |
|
|
WCG
1336
DELISTED
Wellcare Health Plans, Inc.
WCG
| $5.19M | 0.01% |
66,388
-177,537
| -73% | -$14.7M |
|
1337
Jefferies Financial Group
JEF
$12.1B
| $5.18M | 0.01% |
+332,796
| New | +$5.57M |
|
|
ACH
1338
Accendra Health
ACH
$89.2M
| $5.18M | 0.01% |
+143,861
| New | +$5.2M |
|
|
DCOM
1339
DELISTED
Dime Community Bancshares
DCOM
| $5.17M | 0.01% |
295,296
+217,594
| +280% | +$3.86M |
|
1340
Silicon Laboratories
SLAB
$7.29B
| $5.16M | 0.01% |
+106,245
| New | +$5.25M |
|
|
HDS
1341
DELISTED
HD Supply Holdings, Inc.
HDS
| $5.16M | 0.01% |
171,662
-1,340,264
| -89% | -$40.2M |
|
1342
MSCI
MSCI
$41B
| $5.15M | 0.01% |
71,452
-146,146
| -67% | -$9.77M |
|
1343
CALL
Johnson & Johnson
JNJ
$658B
| $5.15M | 0.01% |
+50,000
| New | +$5.03M |
|
|
LNCE
1344
DELISTED
Snyders-Lance, Inc.
LNCE
| $5.14M | 0.01% |
+149,769
| New | +$5.41M |
|
|
APC
1345
PUT
DELISTED
Anadarko Petroleum
APC
| $5.13M | 0.01% |
+105,700
| New | +$6.47M |
|
|
CUK
1346
DELISTED
Carnival PLC
CUK
| $5.11M | 0.01% |
89,842
+1,213
| +1% | +$65K |
|
1347
Greif
GEF
$4.81B
| $5.11M | 0.01% |
165,982
-89,777
| -35% | -$2.97M |
|
1348
CALL
Caterpillar
CAT
$373B
| $5.1M | 0.01% |
+75,000
| New | +$5.24M |
|
1349
CALL
Ball Corp
BALL
$17B
| $5.09M | 0.01% |
+140,000
| New | +$4.78M |
|
|
INVN
1350
DELISTED
Invensense Inc
INVN
| $5.09M | 0.01% |
497,655
+107,256
| +27% | +$1.19M |
|
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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.