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 |
American Electric Power
AEP
|
+$300M |
| 2 |
NBL
Noble Energy, Inc.
NBL
|
+$274M |
| 3 |
DTE Energy
DTE
|
+$243M |
| 4 |
Teva Pharmaceuticals
TEVA
|
+$215M |
| 5 |
Ameren
AEE
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$231M |
| 2 |
Dominion Energy
D
|
+$185M |
| 3 |
Hilton Worldwide
HLT
|
+$157M |
| 4 |
Microsoft
MSFT
|
+$155M |
| 5 |
CSX Corp
CSX
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.88% |
| 2 | Energy | 11.87% |
| 3 | Financials | 9.18% |
| 4 | Consumer Discretionary | 8.98% |
| 5 | Industrials | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Greif
GEF
$4.81B
| $754K | ﹤0.01% |
19,206
-111,389
| -85% | -$4.56M |
|
|
ORC
2477
Orchid Island Capital
ORC
$1.34B
| $754K | ﹤0.01% |
+11,387
| New | +$767K |
|
2478
First Community Bankshares
FCBC
$933M
| $753K | ﹤0.01% |
42,938
+15,576
| +57% | +$255K |
|
2479
Independence Realty Trust
IRT
$3.93B
| $752K | ﹤0.01% |
79,216
+1,082
| +1% | +$10.2K |
|
2480
Standard Motor Products
SMP
$838M
| $751K | ﹤0.01% |
+17,766
| New | +$693K |
|
2481
Workiva
WK
$4.04B
| $750K | ﹤0.01% |
52,057
-73,205
| -58% | -$1.02M |
|
2482
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $749K | ﹤0.01% |
6,151
-20,779
| -77% | -$2.52M |
|
|
ONIT
2483
Onity Group
ONIT
$294M
| $749K | ﹤0.01% |
6,054
-3,547
| -37% | -$475K |
|
|
MNDT
2484
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $748K | ﹤0.01% |
+19,070
| New | +$737K |
|
|
RSO
2485
DELISTED
Resource Capital Corp.
RSO
| $747K | ﹤0.01% |
41,139
-7,794
| -16% | -$150K |
|
2486
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.96B
| $746K | ﹤0.01% |
6,306
+140
| +2% | +$15.8K |
|
2487
CALL
Ionis Pharmaceuticals
IONS
$10.6B
| $745K | ﹤0.01% |
+11,700
| New | +$794K |
|
|
RKUS
2488
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $743K | ﹤0.01% |
57,762
-463,261
| -89% | -$5.19M |
|
|
BT
2489
DELISTED
BT Group plc (ADR)
BT
| $741K | ﹤0.01% |
22,752
-1,218
| -5% | -$40.2K |
|
|
FCB
2490
DELISTED
FCB Financial Holdings, Inc.
FCB
| $740K | ﹤0.01% |
+27,038
| New | +$666K |
|
2491
Petrobras
PBR
$115B
| $739K | ﹤0.01% |
123,033
+108,533
| +749% | +$692K |
|
2492
Raymond James Financial
RJF
$33.6B
| $739K | ﹤0.01% |
19,520
-286,899
| -94% | -$10.7M |
|
2493
PUT
TriNet
TNET
$3.2B
| $736K | ﹤0.01% |
+20,900
| New | +$720K |
|
2494
Teekay Tankers
TNK
$3.12B
| $736K | ﹤0.01% |
+16,027
| New | +$728K |
|
|
YDKN
2495
DELISTED
Yadkin Financial Corporation
YDKN
| $734K | ﹤0.01% |
36,177
-4,436
| -11% | -$85.9K |
|
2496
STRATTEC Security
STRT
$330M
| $733K | ﹤0.01% |
9,922
-1,984
| -17% | -$141K |
|
2497
iShares US Healthcare Providers ETF
IHF
$1.23B
| $728K | ﹤0.01% |
+27,365
| New | +$683K |
|
2498
PUT
Qualcomm
QCOM
$171B
| $728K | ﹤0.01% |
+10,500
| New | +$740K |
|
|
ATTO
2499
DELISTED
Atento S.A.
ATTO
| $727K | ﹤0.01% |
12,158
-9,783
| -45% | -$571K |
|
2500
Albemarle
ALB
$15.7B
| $725K | ﹤0.01% |
13,725
-622,685
| -98% | -$34M |
|
Similar funds
Israel Englander's Q1 2015 Portfolio in Review
As of Q1 2015, Israel Englander held 4,613 positions worth $53.7B, up 14% from $47.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander deployed $5.19B of net new capital in Q1 2015, opening 744 new positions and adding to 1,445 existing holdings. Its largest new stake was DTE Energy: 3,384,348 shares worth $232M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Pioneer Natural Resource Co., an estimated $231M trimmed.
- Israel Englander's largest Q1 2015 buy was DTE Energy: 3,384,348 shares worth $232M.
- Israel Englander added most to American Electric Power in Q1 2015, an estimated $300M increase.
- Israel Englander's biggest Q1 2015 reduction was Pioneer Natural Resource Co., cutting an estimated $231M.
- Israel Englander fully exited Seadrill Limited Common Stock in Q1 2015, selling an estimated $110M.
- Israel Englander's ten largest holdings make up 11% of its $53.7B portfolio in Q1 2015.
- Israel Englander opened 744 new positions and closed 1,104 in Q1 2015.
- Israel Englander's portfolio value rose 14% quarter-over-quarter to $53.7B.
Based on Millennium Management's 13F filing for Q1 2015, filed 15 May 2015.