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 | |
|---|---|---|---|---|---|---|
|
EMC
1776
CALL
DELISTED
EMC CORPORATION
EMC
| $2.42M | ﹤0.01% |
+100,000
| New | +$2.53M |
|
1777
Kadant
KAI
$3.58B
| $2.41M | ﹤0.01% |
61,893
+5,161
| +9% | +$227K |
|
|
LVNTA
1778
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $2.41M | ﹤0.01% |
59,756
+9,601
| +19% | +$389K |
|
1779
LG Display
LPL
$3.38B
| $2.41M | ﹤0.01% |
253,233
-826,574
| -77% | -$8.3M |
|
|
SIR
1780
DELISTED
SELECT INCOME REIT
SIR
| $2.4M | ﹤0.01% |
287,762
-942,303
| -77% | -$8.17M |
|
|
ROIQ
1781
DELISTED
ROI ACQUISITION CORP II COM STK
ROIQ
| $2.4M | ﹤0.01% |
+240,000
| New | +$2.41M |
|
1782
Standard Motor Products
SMP
$838M
| $2.4M | ﹤0.01% |
68,770
+58,902
| +597% | +$2.05M |
|
1783
CALL
Brunswick
BC
$5.21B
| $2.4M | ﹤0.01% |
+50,000
| New | +$2.54M |
|
|
AVDL
1784
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.39M | ﹤0.01% |
146,778
+108,460
| +283% | +$2.39M |
|
1785
Barrett Business Services
BBSI
$819M
| $2.39M | ﹤0.01% |
223,064
+140,948
| +172% | +$1.33M |
|
1786
Harmony Gold Mining
HMY
$14.3B
| $2.38M | ﹤0.01% |
3,951,097
+3,930,997
| +19,557% | +$3.75M |
|
|
MR
1787
CALL
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $2.38M | ﹤0.01% |
108,900
+58,900
| +118% | +$1.5M |
|
|
DBD
1788
DELISTED
Diebold Nixdorf Incorporated
DBD
| $2.38M | ﹤0.01% |
79,924
-289,740
| -78% | -$9.42M |
|
|
ATML
1789
DELISTED
ATMEL CORP
ATML
| $2.38M | ﹤0.01% |
294,629
-84,627
| -22% | -$702K |
|
|
QUNR
1790
DELISTED
Qunar Cayman Islands Limited
QUNR
| $2.38M | ﹤0.01% |
78,980
+72,102
| +1,048% | +$2.63M |
|
1791
Glaukos
GKOS
$10.7B
| $2.37M | ﹤0.01% |
98,100
-98,076
| -50% | -$2.95M |
|
|
BPL
1792
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $2.37M | ﹤0.01% |
+40,000
| New | +$2.78M |
|
1793
CALL
Sunoco
SUN
$14.1B
| $2.37M | ﹤0.01% |
70,000
+18,600
| +36% | +$712K |
|
|
NTUS
1794
DELISTED
Natus Medical Inc
NTUS
| $2.37M | ﹤0.01% |
59,982
-132,497
| -69% | -$5.63M |
|
1795
Emergent Biosolutions
EBS
$289M
| $2.37M | ﹤0.01% |
+82,995
| New | +$2.73M |
|
1796
CALL
Helmerich & Payne
HP
$4.21B
| $2.36M | ﹤0.01% |
50,000
-10,000
| -17% | -$566K |
|
|
HABT
1797
DELISTED
The Habit Restaurants, Inc. - Class A
HABT
| $2.36M | ﹤0.01% |
110,134
+100,034
| +990% | +$2.68M |
|
1798
Semtech
SMTC
$11.9B
| $2.35M | ﹤0.01% |
155,518
+109,038
| +235% | +$1.87M |
|
1799
Diodes
DIOD
$4.28B
| $2.33M | ﹤0.01% |
109,273
+65,248
| +148% | +$1.41M |
|
1800
Grupo Aeroportuario del Pacifico
PAC
$12.5B
| $2.33M | ﹤0.01% |
26,877
-34,168
| -56% | -$2.75M |
|
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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.