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 |
PPL
PPL Corp
PPL
|
+$304M |
| 2 |
SWN
Southwestern Energy Company
SWN
|
+$207M |
| 3 |
Biogen
BIIB
|
+$177M |
| 4 |
MON
Monsanto Co
MON
|
+$164M |
| 5 |
BNY
Bank of New York Mellon
BNY
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceuticals
TEVA
|
+$412M |
| 2 |
Pfizer
PFE
|
+$283M |
| 3 |
Devon Energy
DVN
|
+$194M |
| 4 |
Valero Energy
VLO
|
+$187M |
| 5 |
Altria Group
MO
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.04% |
| 2 | Energy | 12.07% |
| 3 | Financials | 9.11% |
| 4 | Consumer Discretionary | 8.85% |
| 5 | Industrials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
Carriage Services
CSV
$553M
| $3.44M | 0.01% |
144,232
+127,909
| +784% | +$3.11M |
|
1602
Seres Therapeutics
MCRB
$50.2M
| $3.44M | 0.01% |
+4,147
| New | +$3.62M |
|
|
SQNM
1603
DELISTED
SEQUENOM INC NEW
SQNM
| $3.44M | 0.01% |
1,131,086
-36,321
| -3% | -$137K |
|
|
NCI
1604
DELISTED
Navigant Consulting, Inc.
NCI
| $3.44M | 0.01% |
231,139
-319,334
| -58% | -$4.54M |
|
|
YELL
1605
DELISTED
Yellow Corporation Common Stock
YELL
| $3.43M | 0.01% |
264,355
-182,721
| -41% | -$2.72M |
|
|
JOYY
1606
JOYY Inc
JOYY
$3.78B
| $3.43M | 0.01% |
49,278
+40,212
| +444% | +$2.68M |
|
|
BBL
1607
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $3.42M | 0.01% |
86,403
+72,175
| +507% | +$3.19M |
|
|
ADVM
1608
CALL
DELISTED
Adverum Biotechnologies
ADVM
| $3.41M | 0.01% |
21,000
+20,000
| +2,000% | +$6.75M |
|
1609
Evolent Health
EVH
$553M
| $3.4M | 0.01% |
+174,171
| New | +$3.25M |
|
1610
CALL
Caterpillar
CAT
$373B
| $3.39M | 0.01% |
+40,000
| New | +$3.44M |
|
1611
Hope Bancorp
HOPE
$1.77B
| $3.39M | 0.01% |
229,269
+118,934
| +108% | +$1.74M |
|
|
DISH
1612
CALL
DELISTED
DISH Network Corp.
DISH
| $3.39M | 0.01% |
+50,000
| New | +$3.49M |
|
|
HILL
1613
DELISTED
DOT HILL SYSTEMS CORP
HILL
| $3.38M | 0.01% |
552,503
+514,103
| +1,339% | +$3.42M |
|
1614
Paychex
PAYX
$44.5B
| $3.38M | 0.01% |
72,088
-202,886
| -74% | -$9.92M |
|
1615
AptarGroup
ATR
$8.57B
| $3.38M | 0.01% |
52,953
-106,474
| -67% | -$6.81M |
|
|
KND
1616
DELISTED
Kindred Healthcare
KND
| $3.38M | 0.01% |
166,371
+142,771
| +605% | +$3.27M |
|
1617
PUT
Macy's
M
$5.94B
| $3.37M | 0.01% |
+50,000
| New | +$3.38M |
|
1618
Macerich
MAC
$6.88B
| $3.37M | 0.01% |
45,230
+23,939
| +112% | +$1.94M |
|
1619
ON Semiconductor
ON
$28.2B
| $3.37M | 0.01% |
288,496
-4,208,457
| -94% | -$51.6M |
|
1620
Build-A-Bear
BBW
$494M
| $3.36M | 0.01% |
210,364
+62,860
| +43% | +$1.11M |
|
|
CHA
1621
DELISTED
China Telecom Corporation, LTD
CHA
| $3.35M | 0.01% |
56,842
+40,360
| +245% | +$2.79M |
|
|
SAND
1622
DELISTED
Sandstorm Gold
SAND
| $3.32M | 0.01% |
1,129,949
+13,068
| +1% | +$44.1K |
|
1623
International Bancshares
IBOC
$4.4B
| $3.32M | 0.01% |
+123,505
| New | +$3.28M |
|
1624
Capitol Federal Financial
CFFN
$1.05B
| $3.32M | 0.01% |
275,544
+91,952
| +50% | +$1.12M |
|
|
UFS
1625
CALL
DELISTED
DOMTAR CORPORATION (New)
UFS
| $3.31M | 0.01% |
+80,000
| New | +$3.5M |
|
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Israel Englander's Q2 2015 Portfolio in Review
As of Q2 2015, Israel Englander held 4,294 positions worth $52.9B, down 1.6% from $53.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander's Q2 2015 filing shows 780 new, 1,199 increased, 1,223 reduced and 1,034 closed positions. Its largest new stake was Charter Communications: 575,958 shares worth $98.6M. The largest sale was Teva Pharmaceuticals, an estimated $412M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 16% a quarter earlier, followed by Energy and Financials.
- Israel Englander's largest Q2 2015 buy was Charter Communications: 575,958 shares worth $98.6M.
- Israel Englander added most to PPL Corp in Q2 2015, an estimated $304M increase.
- Israel Englander's biggest Q2 2015 reduction was Teva Pharmaceuticals, cutting an estimated $412M.
- Israel Englander fully exited SALIX PHARMACEUTICALS LTD DEL in Q2 2015, selling an estimated $145M.
- Israel Englander's ten largest holdings make up 11% of its $52.9B portfolio in Q2 2015.
- Israel Englander opened 780 new positions and closed 1,034 in Q2 2015.
- Israel Englander's portfolio value fell 1.6% quarter-over-quarter to $52.9B.
Based on Millennium Management's 13F filing for Q2 2015, filed 14 Aug 2015.