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 | |
|---|---|---|---|---|---|---|
1901
CALL
VanEck Gold Miners ETF
GDX
$31.9B
| $2.06M | ﹤0.01% |
150,000
| – | – |
|
1902
LGI Homes
LGIH
$1.35B
| $2.05M | ﹤0.01% |
84,317
+28,299
| +51% | +$825K |
|
1903
California Water Service
CWT
$3.11B
| $2.05M | ﹤0.01% |
88,073
-170,044
| -66% | -$3.86M |
|
1904
CALL
Sonoco
SON
$5.69B
| $2.04M | ﹤0.01% |
+50,000
| New | +$2.08M |
|
|
PRSU
1905
Pursuit Attractions and Hospitality Inc
PRSU
$1.36B
| $2.04M | ﹤0.01% |
72,404
+46,566
| +180% | +$1.42M |
|
1906
LeMaitre Vascular
LMAT
$1.82B
| $2.04M | ﹤0.01% |
118,248
-108,866
| -48% | -$1.58M |
|
|
SGBK
1907
DELISTED
Stonegate Bank
SGBK
| $2.04M | ﹤0.01% |
62,074
+34,763
| +127% | +$1.13M |
|
|
LXK
1908
DELISTED
Lexmark Intl Inc
LXK
| $2.04M | ﹤0.01% |
+62,867
| New | +$2.06M |
|
1909
Barnes & Noble Education
BNED
$434M
| $2.04M | ﹤0.01% |
2,046
-174
| -8% | -$219K |
|
|
CARB
1910
DELISTED
Carbonite Inc
CARB
| $2.04M | ﹤0.01% |
207,662
+39,003
| +23% | +$397K |
|
1911
Corpay
CPAY
$26.7B
| $2.03M | ﹤0.01% |
14,230
-23,205
| -62% | -$3.41M |
|
1912
Interparfums
IPAR
$3.74B
| $2.03M | ﹤0.01% |
+85,300
| New | +$2.24M |
|
1913
AllianceBernstein
AB
$3.43B
| $2.03M | ﹤0.01% |
+85,135
| New | +$2.14M |
|
1914
CALL
Magna International
MGA
$17.7B
| $2.03M | ﹤0.01% |
+50,000
| New | +$2.33M |
|
1915
CoStar Group
CSGP
$13B
| $2.03M | ﹤0.01% |
98,060
+55,540
| +131% | +$1.11M |
|
|
VXX
1916
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $2.02M | ﹤0.01% |
6,291
-2,357
| -27% | -$750K |
|
1917
SLM Corp
SLM
$5.03B
| $2.02M | ﹤0.01% |
309,895
+17,634
| +6% | +$120K |
|
1918
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$375M
| $2.01M | ﹤0.01% |
+11,477
| New | +$2.26M |
|
1919
CALL
AbbVie
ABBV
$465B
| $2.01M | ﹤0.01% |
50,000
-100,000
| -67% | -$5.76M |
|
1920
NETSCOUT
NTCT
$2.8B
| $2.01M | ﹤0.01% |
65,403
-62,691
| -49% | -$2.16M |
|
|
DD
1921
CALL
DELISTED
Du Pont De Nemours E I
DD
| $2M | ﹤0.01% |
30,000
-70,000
| -70% | -$4.45M |
|
|
IMPR
1922
DELISTED
IMPRIVATA, INC COM
IMPR
| $2M | ﹤0.01% |
176,789
-72,263
| -29% | -$852K |
|
1923
Commerce Bancshares
CBSH
$8.39B
| $2M | ﹤0.01% |
+76,459
| New | +$2.06M |
|
1924
CALL
Chord Energy
CHRD
$7.67B
| $1.99M | ﹤0.01% |
270,000
+30,000
| +13% | +$321K |
|
1925
Cooper Companies
COO
$14.2B
| $1.99M | ﹤0.01% |
59,268
-43,440
| -42% | -$1.55M |
|
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.