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 | |
|---|---|---|---|---|---|---|
1576
A10 Networks
ATEN
$1.82B
| $3.36M | 0.01% |
560,880
+71,050
| +15% | +$447K |
|
|
IL
1577
DELISTED
IntraLinks Holdings Inc.
IL
| $3.36M | 0.01% |
405,244
+282,007
| +229% | +$2.99M |
|
1578
Papa John's
PZZA
$794M
| $3.36M | 0.01% |
+49,010
| New | +$3.53M |
|
1579
CALL
Medtronic
MDT
$117B
| $3.35M | 0.01% |
+50,000
| New | +$3.68M |
|
|
RT
1580
DELISTED
Ruby Tuesday Georgia
RT
| $3.34M | 0.01% |
538,195
+352,004
| +189% | +$2.32M |
|
1581
Petrobras Class A
PBR.A
$103B
| $3.32M | 0.01% |
902,228
-4,368,695
| -83% | -$23.6M |
|
|
EQM
1582
CALL
DELISTED
EQM Midstream Partners, LP
EQM
| $3.32M | 0.01% |
50,000
+30,000
| +150% | +$2.27M |
|
1583
Pearson
PSO
$9.98B
| $3.31M | 0.01% |
193,130
-100,141
| -34% | -$1.81M |
|
1584
Provident Financial Services
PFS
$3.06B
| $3.31M | 0.01% |
169,793
+36,850
| +28% | +$707K |
|
|
FOE
1585
DELISTED
Ferro Corporation
FOE
| $3.31M | 0.01% |
301,861
-409,067
| -58% | -$5.54M |
|
1586
CALL
Stellantis
STLA
$19.8B
| $3.3M | 0.01% |
+383,428
| New | +$3.67M |
|
1587
Howard Hughes
HHH
$4B
| $3.3M | 0.01% |
+30,176
| New | +$3.76M |
|
1588
WisdomTree Japan Hedged Equity Fund
DXJ
$7.27B
| $3.29M | 0.01% |
67,724
+26,432
| +64% | +$1.43M |
|
|
NVTA
1589
DELISTED
Invitae Corporation
NVTA
| $3.29M | 0.01% |
456,425
+151,333
| +50% | +$1.59M |
|
1590
Old Dominion Freight Line
ODFL
$41.1B
| $3.29M | 0.01% |
161,730
-316,110
| -66% | -$7.18M |
|
1591
SITE Centers
SITC
$156M
| $3.29M | 0.01% |
165,810
-380,258
| -70% | -$7.74M |
|
1592
GSI Technology
GSIT
$229M
| $3.28M | 0.01% |
808,498
-3,443
| -0.4% | -$16.4K |
|
|
KYNB
1593
Kyntra Bio
KYNB
$32.8M
| $3.28M | 0.01% |
+5,990
| New | +$3.63M |
|
1594
Genpact
G
$6.26B
| $3.28M | 0.01% |
138,931
-192,370
| -58% | -$4.32M |
|
1595
Quaker Houghton
KWR
$2.83B
| $3.27M | 0.01% |
+42,392
| New | +$3.5M |
|
1596
VanEck Gold Miners ETF
GDX
$32.8B
| $3.27M | 0.01% |
237,777
+161,816
| +213% | +$2.34M |
|
1597
AES
AES
$10.5B
| $3.26M | 0.01% |
332,772
-4,440,536
| -93% | -$53.6M |
|
|
EEP
1598
CALL
DELISTED
Enbridge Energy Partners
EEP
| $3.26M | 0.01% |
131,800
-201,100
| -60% | -$5.77M |
|
|
QGENF
1599
DELISTED
QIAGEN NV
QGENF
| $3.26M | 0.01% |
126,247
-397,400
| -76% | -$10.3M |
|
|
SGY
1600
DELISTED
Stone Energy
SGY
| $3.25M | 0.01% |
11,544
-27,590
| -71% | -$10.5M |
|
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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.