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 | |
|---|---|---|---|---|---|---|
2101
CALL
Louisiana-Pacific
LPX
$4.98B
| $1.42M | ﹤0.01% |
+100,000
| New | +$1.59M |
|
|
BLT
2102
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $1.42M | ﹤0.01% |
254,825
-19,310
| -7% | -$142K |
|
2103
Saic
SAIC
$5.39B
| $1.41M | ﹤0.01% |
+35,114
| New | +$1.71M |
|
|
RESI
2104
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.41M | ﹤0.01% |
101,376
+58,235
| +135% | +$933K |
|
|
MJN
2105
PUT
DELISTED
Mead Johnson Nutrition Company
MJN
| $1.41M | ﹤0.01% |
+20,000
| New | +$1.65M |
|
2106
Alaunos Therapeutics
TCRT
$4.52M
| $1.4M | ﹤0.01% |
+1,035
| New | +$1.71M |
|
|
AHRT
2107
AH Realty Trust
AHRT
$501M
| $1.39M | ﹤0.01% |
142,476
+86,583
| +155% | +$869K |
|
2108
HEICO Corp Class A
HEI.A
$35.8B
| $1.39M | ﹤0.01% |
+74,854
| New | +$1.4M |
|
2109
RLI Corp
RLI
$5.95B
| $1.39M | ﹤0.01% |
51,876
+33,266
| +179% | +$902K |
|
2110
CALL
Melco Resorts & Entertainment
MLCO
$2.06B
| $1.38M | ﹤0.01% |
+100,000
| New | +$1.93M |
|
2111
Resources Connection
RGP
$145M
| $1.38M | ﹤0.01% |
91,275
-73,073
| -44% | -$1.16M |
|
2112
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.59B
| $1.38M | ﹤0.01% |
+13,042
| New | +$1.39M |
|
2113
Adecoagro
AGRO
$1.6B
| $1.37M | ﹤0.01% |
172,209
+115,891
| +206% | +$988K |
|
2114
Ribbon Communications
RBBN
$363M
| $1.36M | ﹤0.01% |
+238,002
| New | +$1.6M |
|
|
CALL
2115
DELISTED
magicJack VocalTec Ltd
CALL
| $1.36M | ﹤0.01% |
152,326
+15,964
| +12% | +$129K |
|
2116
Schwab US Large- Cap ETF
SCHX
$74B
| $1.35M | ﹤0.01% |
177,498
+134,514
| +313% | +$1.09M |
|
2117
Theravance Biopharma
TBPH
$884M
| $1.35M | ﹤0.01% |
123,237
+77,906
| +172% | +$992K |
|
|
PGND
2118
DELISTED
PRESS GANEY HOLDINGS INC COM STK (DE)
PGND
| $1.35M | ﹤0.01% |
45,721
+6,950
| +18% | +$212K |
|
|
PDCO
2119
DELISTED
Patterson Companies, Inc.
PDCO
| $1.35M | ﹤0.01% |
31,185
-793,176
| -96% | -$37.8M |
|
|
PMT
2120
PennyMac Mortgage Investment
PMT
$805M
| $1.35M | ﹤0.01% |
87,092
-1,865,426
| -96% | -$30.6M |
|
2121
Lithia Motors
LAD
$8.14B
| $1.34M | ﹤0.01% |
+12,443
| New | +$1.4M |
|
|
SRCL
2122
DELISTED
Stericycle Inc
SRCL
| $1.34M | ﹤0.01% |
+9,658
| New | +$1.34M |
|
2123
Northrim BanCorp
NRIM
$570M
| $1.34M | ﹤0.01% |
185,864
+17,768
| +11% | +$119K |
|
2124
Grand Canyon Education
LOPE
$3.88B
| $1.34M | ﹤0.01% |
35,247
+7,789
| +28% | +$313K |
|
2125
MarineMax
HZO
$1.15B
| $1.34M | ﹤0.01% |
+94,623
| New | +$1.66M |
|
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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.