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 | |
|---|---|---|---|---|---|---|
1651
iShares Core US Aggregate Bond ETF
AGG
$139B
| $2.97M | 0.01% |
+27,077
| New | +$2.95M |
|
1652
First Citizens BancShares
FCNCA
$24.4B
| $2.96M | 0.01% |
13,112
+9,424
| +256% | +$2.31M |
|
|
KG
1653
Kestrel Group
KG
$58.8M
| $2.96M | 0.01% |
10,673
+4,966
| +87% | +$1.52M |
|
1654
Universal Insurance Holdings
UVE
$1.2B
| $2.96M | 0.01% |
100,309
+10,643
| +12% | +$288K |
|
1655
Genesco
GCO
$374M
| $2.96M | 0.01% |
51,775
+32,131
| +164% | +$2M |
|
1656
PUT
Alibaba
BABA
$286B
| $2.95M | 0.01% |
50,000
| – | – |
|
1657
Digital Turbine
APPS
$1.31B
| $2.95M | 0.01% |
1,628,300
+533,300
| +49% | +$1.26M |
|
1658
Integer Holdings
ITGR
$4.26B
| $2.95M | 0.01% |
+57,271
| New | +$2.86M |
|
1659
TC Energy
TRP
$64.4B
| $2.94M | 0.01% |
+93,244
| New | +$3.35M |
|
1660
Sprouts Farmers Market
SFM
$8.01B
| $2.93M | 0.01% |
138,765
-498,049
| -78% | -$11.4M |
|
1661
National CineMedia
NCMI
$256M
| $2.93M | 0.01% |
21,813
+13,364
| +158% | +$1.92M |
|
1662
United Fire Group
UFCS
$1.38B
| $2.92M | 0.01% |
83,343
+62,840
| +306% | +$2.17M |
|
|
TROVW
1663
DELISTED
TrovaGene, Inc. Warrant
TROVW
| $2.92M | 0.01% |
522,650
-3,100
| -0.6% | -$16.2K |
|
1664
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $2.91M | 0.01% |
+25,043
| New | +$2.9M |
|
|
ACRE
1665
Ares Commercial Real Estate
ACRE
$262M
| $2.89M | 0.01% |
241,069
-503,098
| -68% | -$6.18M |
|
|
HW
1666
DELISTED
Headwaters Inc
HW
| $2.89M | 0.01% |
153,659
-16,823
| -10% | -$329K |
|
|
BIN
1667
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $2.88M | 0.01% |
109,145
-88,030
| -45% | -$2.34M |
|
1668
NMI Holdings
NMIH
$3.41B
| $2.88M | 0.01% |
378,843
+178,918
| +89% | +$1.47M |
|
|
CALD
1669
DELISTED
Callidus Software, Inc.
CALD
| $2.87M | 0.01% |
169,117
+91,335
| +117% | +$1.46M |
|
|
SUNE
1670
CALL
DELISTED
SUNEDISON, INC COM
SUNE
| $2.87M | 0.01% |
+400,000
| New | +$7.17M |
|
1671
Molina Healthcare
MOH
$10.4B
| $2.87M | 0.01% |
41,664
-442,033
| -91% | -$32.8M |
|
1672
Albany International
AIN
$1.65B
| $2.86M | 0.01% |
100,004
+6,300
| +7% | +$214K |
|
1673
RPM International
RPM
$13.6B
| $2.86M | 0.01% |
+68,295
| New | +$3.11M |
|
1674
Hercules Capital
HTGC
$3.29B
| $2.86M | 0.01% |
282,836
+29,895
| +12% | +$339K |
|
|
LQ
1675
DELISTED
La Quinta Holdings Inc.
LQ
| $2.86M | 0.01% |
181,188
-1,320,414
| -88% | -$26.5M |
|
Similar funds
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.