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 | |
|---|---|---|---|---|---|---|
1476
Enpro
NPO
$6.42B
| $4.22M | 0.01% |
96,222
+32,219
| +50% | +$1.51M |
|
1477
iShares US Real Estate ETF
IYR
$4.67B
| $4.21M | 0.01% |
56,134
-46,126
| -45% | -$3.44M |
|
1478
Jacobs Solutions
J
$17.7B
| $4.21M | 0.01% |
121,179
-618,268
| -84% | -$21.2M |
|
|
IHS
1479
DELISTED
IHS INC CL-A COM STK
IHS
| $4.2M | 0.01% |
35,458
-111,330
| -76% | -$13.3M |
|
1480
Cavco Industries
CVCO
$4.52B
| $4.2M | 0.01% |
+50,378
| New | +$4.28M |
|
1481
CALL
Agilent Technologies
A
$43.7B
| $4.18M | 0.01% |
+100,000
| New | +$3.87M |
|
|
HRG
1482
DELISTED
HRG Group, Inc.
HRG
| $4.18M | 0.01% |
308,350
+196,304
| +175% | +$2.58M |
|
|
CVRR
1483
CALL
DELISTED
CVR Refining, LP
CVRR
| $4.17M | 0.01% |
220,400
-80,000
| -27% | -$1.65M |
|
1484
Unilever
UL
$140B
| $4.17M | 0.01% |
85,920
+53,597
| +166% | +$2.62M |
|
1485
Manulife Financial
MFC
$71.6B
| $4.16M | 0.01% |
277,497
-59,088
| -18% | -$953K |
|
|
ADAP
1486
DELISTED
Adaptimmune Therapeutics
ADAP
| $4.16M | 0.01% |
344,547
+156,724
| +83% | +$1.53M |
|
|
AL
1487
DELISTED
Air Lease Corp
AL
| $4.15M | 0.01% |
123,857
-760,550
| -86% | -$25.2M |
|
|
FINL
1488
DELISTED
Finish Line
FINL
| $4.14M | 0.01% |
229,019
-91,864
| -29% | -$1.63M |
|
1489
Standex International
SXI
$3.69B
| $4.14M | 0.01% |
49,752
-21,672
| -30% | -$1.83M |
|
1490
Insperity
NSP
$2B
| $4.13M | 0.01% |
171,456
-523,704
| -75% | -$11.9M |
|
1491
Axalta
AXTA
$7.79B
| $4.13M | 0.01% |
154,803
+4,761
| +3% | +$133K |
|
1492
Korea Electric Power
KEP
$15.2B
| $4.13M | 0.01% |
194,872
+172,394
| +767% | +$3.74M |
|
1493
Lattice Semiconductor
LSCC
$16.5B
| $4.12M | 0.01% |
636,166
+606,156
| +2,020% | +$3.17M |
|
|
FMSA
1494
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $4.11M | 0.01% |
1,748,077
-1,110,197
| -39% | -$2.92M |
|
1495
Coherent
COHR
$56.4B
| $4.11M | 0.01% |
221,171
-154,127
| -41% | -$2.78M |
|
|
PVTB
1496
DELISTED
PrivateBancorp Inc
PVTB
| $4.11M | 0.01% |
+100,067
| New | +$4.2M |
|
|
GRUB
1497
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $4.1M | 0.01% |
84,648
+60,525
| +251% | +$3.16M |
|
1498
Gen Digital
GEN
$17.5B
| $4.09M | 0.01% |
194,776
-1,338,294
| -87% | -$27.2M |
|
1499
CALL
XPO
XPO
$22.5B
| $4.09M | 0.01% |
433,709
-795,133
| -65% | -$7.89M |
|
|
1500
PUT
XPO
XPO
$22.5B
| $4.09M | 0.01% |
433,709
| – | – |
|
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.