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 | |
|---|---|---|---|---|---|---|
1751
Assembly Biosciences
ASMB
$721M
| $2.66M | 0.01% |
29,472
-2,203
| -7% | -$240K |
|
|
CFNL
1752
DELISTED
Cardinal Financial Corp
CFNL
| $2.65M | 0.01% |
+116,688
| New | +$2.74M |
|
1753
Ameris Bancorp
ABCB
$5.76B
| $2.65M | 0.01% |
78,009
+22,941
| +42% | +$736K |
|
|
DFRG
1754
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $2.64M | 0.01% |
164,664
-60,866
| -27% | -$864K |
|
1755
Extreme Networks
EXTR
$2.98B
| $2.64M | 0.01% |
646,128
-1,114,215
| -63% | -$4.32M |
|
|
AUO
1756
DELISTED
AU Optronics Corp
AUO
| $2.63M | 0.01% |
905,003
+874,703
| +2,887% | +$2.5M |
|
1757
Gartner
IT
$12.2B
| $2.63M | 0.01% |
28,999
+8,272
| +40% | +$733K |
|
1758
Benchmark Electronics
BHE
$2.6B
| $2.62M | 0.01% |
126,948
-79,511
| -39% | -$1.68M |
|
|
AYR
1759
DELISTED
Aircastle Ltd
AYR
| $2.62M | 0.01% |
125,613
+108,767
| +646% | +$2.29M |
|
|
MITL
1760
DELISTED
Mitel Networks Corporation
MITL
| $2.62M | 0.01% |
+340,647
| New | +$2.73M |
|
1761
Bassett Furniture
BSET
$165M
| $2.62M | 0.01% |
104,342
+80,106
| +331% | +$2.39M |
|
1762
Hackett Group
HCKT
$273M
| $2.62M | 0.01% |
162,754
+80,071
| +97% | +$1.32M |
|
|
ATRS
1763
DELISTED
Antares Pharma, Inc.
ATRS
| $2.62M | 0.01% |
2,161,249
+1,816,477
| +527% | +$2.53M |
|
1764
Forrester Research
FORR
$223M
| $2.61M | 0.01% |
91,643
+19,622
| +27% | +$612K |
|
1765
PUT
LyondellBasell Industries
LYB
$20.2B
| $2.61M | 0.01% |
30,000
+5,000
| +20% | +$460K |
|
1766
Columbia Sportswear
COLM
$2.98B
| $2.6M | 0.01% |
+53,352
| New | +$2.73M |
|
1767
Ocular Therapeutix
OCUL
$2.37B
| $2.6M | 0.01% |
+276,978
| New | +$2.99M |
|
1768
GameStop
GME
$8.06B
| $2.58M | 0.01% |
368,656
+299,012
| +429% | +$2.89M |
|
|
PTX
1769
DELISTED
Pernix Therapeutics Holdings, Inc.
PTX
| $2.57M | 0.01% |
87,264
+52,480
| +151% | +$1.59M |
|
|
AEGN
1770
DELISTED
Aegion Corp
AEGN
| $2.57M | 0.01% |
133,217
-14,130
| -10% | -$280K |
|
|
TRST
1771
Trustco Bank Corp NY
TRST
$973M
| $2.57M | 0.01% |
83,755
+46,367
| +124% | +$1.45M |
|
1772
Piper Sandler
PIPR
$5.26B
| $2.56M | 0.01% |
253,844
-2,264,380
| -90% | -$21.7M |
|
|
ACRE
1773
Ares Commercial Real Estate
ACRE
$257M
| $2.56M | 0.01% |
223,374
-17,695
| -7% | -$219K |
|
1774
CALL
Boise Cascade
BCC
$2.79B
| $2.55M | 0.01% |
+100,000
| New | +$2.85M |
|
|
BTU
1775
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $2.55M | 0.01% |
332,200
+310,053
| +1,400% | +$4.47M |
|
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.