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 | |
|---|---|---|---|---|---|---|
2076
CALL
Herc Holdings
HRI
$5.22B
| $1.56M | ﹤0.01% |
+36,667
| New | +$1.84M |
|
2077
Northern Oil and Gas
NOG
$2.77B
| $1.56M | ﹤0.01% |
40,449
+33,755
| +504% | +$1.61M |
|
2078
W.W. Grainger
GWW
$62.9B
| $1.56M | ﹤0.01% |
7,700
-62,866
| -89% | -$12.9M |
|
2079
CALL
VF Corp
VFC
$5.46B
| $1.56M | ﹤0.01% |
+26,550
| New | +$1.66M |
|
|
DL
2080
DELISTED
China Distance Education Holdings Limited
DL
| $1.55M | ﹤0.01% |
+105,886
| New | +$1.55M |
|
2081
Modine Manufacturing
MOD
$9.95B
| $1.55M | ﹤0.01% |
171,616
+98,506
| +135% | +$863K |
|
|
BFS
2082
Saul Centers
BFS
$832M
| $1.55M | ﹤0.01% |
+30,239
| New | +$1.64M |
|
2083
Southside Bancshares
SBSI
$956M
| $1.55M | ﹤0.01% |
+69,338
| New | +$1.73M |
|
|
AKAO
2084
DELISTED
Achaogen Inc
AKAO
| $1.54M | ﹤0.01% |
268,590
-69,855
| -21% | -$401K |
|
2085
Jakks Pacific
JAKK
$293M
| $1.53M | ﹤0.01% |
19,289
+17,839
| +1,230% | +$1.45M |
|
2086
Baytex Energy
BTE
$3.27B
| $1.53M | ﹤0.01% |
472,658
-1,713,297
| -78% | -$6.69M |
|
|
RPXC
2087
DELISTED
RPX Corporation
RPXC
| $1.53M | ﹤0.01% |
138,730
+110,556
| +392% | +$1.5M |
|
|
SNCR
2088
DELISTED
Synchronoss Technologies
SNCR
| $1.52M | ﹤0.01% |
4,796
-31,876
| -87% | -$10.6M |
|
|
TROVW
2089
DELISTED
TrovaGene, Inc. Warrant
TROVW
| $1.52M | ﹤0.01% |
521,000
-1,650
| -0.3% | -$5.68K |
|
|
ASCMA
2090
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $1.52M | ﹤0.01% |
90,853
+74,174
| +445% | +$1.59M |
|
2091
NeoGenomics
NEO
$2.23B
| $1.52M | ﹤0.01% |
192,915
+133,615
| +225% | +$979K |
|
|
PFC
2092
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.52M | ﹤0.01% |
80,304
+11,228
| +16% | +$219K |
|
|
CTLT
2093
DELISTED
CATALENT, INC.
CTLT
| $1.51M | ﹤0.01% |
60,519
-211,093
| -78% | -$5.57M |
|
|
JMG
2094
DELISTED
JOURNAL MEDIA GROUP INC COM
JMG
| $1.51M | ﹤0.01% |
126,063
+89,587
| +246% | +$1.05M |
|
2095
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.68B
| $1.51M | ﹤0.01% |
+14,852
| New | +$1.58M |
|
2096
Hexcel
HXL
$7.16B
| $1.51M | ﹤0.01% |
32,512
-177,260
| -85% | -$8.19M |
|
2097
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $1.51M | ﹤0.01% |
13,222
-11,821
| -47% | -$1.37M |
|
2098
ENI
E
$77.3B
| $1.5M | ﹤0.01% |
50,351
+25,745
| +105% | +$830K |
|
|
EXAM
2099
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $1.5M | ﹤0.01% |
+56,310
| New | +$1.52M |
|
|
GTT
2100
DELISTED
GTT Communications, Inc.
GTT
| $1.5M | ﹤0.01% |
+87,830
| New | +$1.75M |
|
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.