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 | |
|---|---|---|---|---|---|---|
|
SIEN
1926
DELISTED
Sientra, Inc.
SIEN
| $1.92M | ﹤0.01% |
18,894
+10,028
| +113% | +$2.27M |
|
1927
Dover
DOV
$27.6B
| $1.92M | ﹤0.01% |
41,464
-625,871
| -94% | -$31.7M |
|
1928
Axcelis
ACLS
$3.72B
| $1.91M | ﹤0.01% |
179,107
-1,383
| -0.8% | -$16.8K |
|
|
SNOW
1929
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $1.91M | ﹤0.01% |
220,934
-15,927
| -7% | -$156K |
|
|
CIR
1930
DELISTED
CIRCOR International, Inc
CIR
| $1.91M | ﹤0.01% |
+47,661
| New | +$2.21M |
|
1931
Prudential
PUK
$35.1B
| $1.91M | ﹤0.01% |
46,603
-59,184
| -56% | -$2.63M |
|
|
SREV
1932
DELISTED
ServiceSource International, Inc.
SREV
| $1.91M | ﹤0.01% |
476,158
+384,605
| +420% | +$1.93M |
|
|
FDEU
1933
DELISTED
First Trust Dynamic Europe Equity Income Fund
FDEU
| $1.9M | ﹤0.01% |
+95,000
| New | +$1.9M |
|
1934
Vanguard Total Bond Market
BND
$162B
| $1.89M | ﹤0.01% |
+23,041
| New | +$1.88M |
|
|
TEN
1935
Tsakos Energy Navigation Ltd
TEN
$1.21B
| $1.89M | ﹤0.01% |
46,386
-36,271
| -44% | -$1.56M |
|
1936
iShares S&P 500 Growth ETF
IVW
$76B
| $1.89M | ﹤0.01% |
69,940
+19,468
| +39% | +$553K |
|
1937
Veracyte
VCYT
$3.56B
| $1.88M | ﹤0.01% |
401,808
+204,180
| +103% | +$1.94M |
|
1938
CALL
NOV
NOV
$7.21B
| $1.88M | ﹤0.01% |
50,000
-10,000
| -17% | -$409K |
|
|
NXH
1939
Neighborhood Intelligence Inc
NXH
$383M
| $1.88M | ﹤0.01% |
145,932
+119,060
| +443% | +$1.86M |
|
1940
Mitsubishi UFJ Financial
MUFG
$253B
| $1.88M | ﹤0.01% |
308,866
-345,378
| -53% | -$2.34M |
|
|
HTLF
1941
DELISTED
Heartland Financial USA, Inc.
HTLF
| $1.88M | ﹤0.01% |
51,840
+36,344
| +235% | +$1.34M |
|
1942
Corning
GLW
$132B
| $1.88M | ﹤0.01% |
109,701
+20,150
| +23% | +$362K |
|
1943
Unitil
UTL
$981M
| $1.88M | ﹤0.01% |
50,912
-14,263
| -22% | -$504K |
|
|
TUMI
1944
DELISTED
TUMI HLDGS INC COM
TUMI
| $1.88M | ﹤0.01% |
+106,590
| New | +$2.09M |
|
|
SUM
1945
PUT
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $1.88M | ﹤0.01% |
+105,927
| New | +$2.44M |
|
|
CARB
1946
DELISTED
Carbonite Inc
CARB
| $1.88M | ﹤0.01% |
168,659
+49,544
| +42% | +$570K |
|
1947
Quanex
NX
$910M
| $1.88M | ﹤0.01% |
103,244
+21,681
| +27% | +$425K |
|
1948
Calix
CALX
$2.42B
| $1.87M | ﹤0.01% |
240,518
+159,672
| +198% | +$1.21M |
|
|
HCR
1949
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $1.87M | ﹤0.01% |
+249,900
| New | +$4.16M |
|
|
INFN
1950
DELISTED
Infinera Corporation Common Stock
INFN
| $1.87M | ﹤0.01% |
95,599
-176,172
| -65% | -$3.84M |
|
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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.