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 | |
|---|---|---|---|---|---|---|
|
PGRE
1476
DELISTED
Paramount Group
PGRE
| $3.9M | 0.01% |
232,246
+180,914
| +352% | +$3.13M |
|
1477
SEI Investments
SEIC
$13.3B
| $3.9M | 0.01% |
80,859
+70,013
| +646% | +$3.56M |
|
|
CVG
1478
DELISTED
Convergys
CVG
| $3.9M | 0.01% |
168,753
-115,208
| -41% | -$2.74M |
|
|
RLYP
1479
DELISTED
RELYPSA INC COM
RLYP
| $3.9M | 0.01% |
210,469
-385,945
| -65% | -$10.6M |
|
1480
CALL
EQT Corp
EQT
$33.8B
| $3.89M | 0.01% |
+110,220
| New | +$4.5M |
|
|
WSTC
1481
DELISTED
West Corporation
WSTC
| $3.89M | 0.01% |
173,498
-272,340
| -61% | -$7.17M |
|
|
WSR
1482
DELISTED
Whitestone REIT
WSR
| $3.88M | 0.01% |
336,181
+305,829
| +1,008% | +$3.77M |
|
|
TECD
1483
DELISTED
Tech Data Corp
TECD
| $3.86M | 0.01% |
56,391
-14,895
| -21% | -$912K |
|
1484
Pinnacle Financial Partners Inc
PNFP
$15.2B
| $3.86M | 0.01% |
+78,116
| New | +$3.95M |
|
1485
iShares S&P 100 ETF
OEF
$20.3B
| $3.84M | 0.01% |
45,258
+31,452
| +228% | +$2.82M |
|
1486
Texas Roadhouse
TXRH
$13.3B
| $3.83M | 0.01% |
103,062
+66,327
| +181% | +$2.51M |
|
1487
Compañía de Minas Buenaventura
BVN
$9.13B
| $3.83M | 0.01% |
642,420
-266,401
| -29% | -$1.9M |
|
1488
Lazard
LAZ
$4.27B
| $3.83M | 0.01% |
+88,428
| New | +$4.56M |
|
1489
Ambarella
AMBA
$3.1B
| $3.82M | 0.01% |
+66,154
| New | +$6.25M |
|
1490
Cooper Companies
COO
$14.2B
| $3.82M | 0.01% |
102,708
-831,256
| -89% | -$34.5M |
|
|
CIT
1491
DELISTED
CIT Group Inc.
CIT
| $3.82M | 0.01% |
+95,393
| New | +$4.28M |
|
1492
Wabtec
WAB
$50.2B
| $3.81M | 0.01% |
43,233
-119,729
| -73% | -$11.4M |
|
1493
Axalta
AXTA
$7.79B
| $3.8M | 0.01% |
150,042
-38,539
| -20% | -$1.15M |
|
|
BKI
1494
DELISTED
Black Knight, Inc. Common Stock
BKI
| $3.79M | 0.01% |
116,599
-428,602
| -79% | -$13.9M |
|
1495
Cohen & Steers
CNS
$4.27B
| $3.79M | 0.01% |
137,937
+1,846
| +1% | +$56.8K |
|
1496
Applied Industrial Technologies
AIT
$12.3B
| $3.78M | 0.01% |
99,190
+31,725
| +47% | +$1.25M |
|
1497
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $3.78M | 0.01% |
101,846
-54,080
| -35% | -$2.08M |
|
1498
La-Z-Boy
LZB
$1.28B
| $3.77M | 0.01% |
141,999
-36,356
| -20% | -$965K |
|
1499
Navient
NAVI
$890M
| $3.76M | 0.01% |
334,531
-69,124
| -17% | -$1.01M |
|
1500
Ternium
TX
$10.8B
| $3.75M | 0.01% |
305,195
-85,165
| -22% | -$1.25M |
|
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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.