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 |
MRO
Marathon Oil Corporation
MRO
|
+$180M |
| 2 |
BHI
Baker Hughes
BHI
|
+$173M |
| 3 |
Dominion Energy
D
|
+$161M |
| 4 |
Kinder Morgan
KMI
|
+$155M |
| 5 |
Marathon Petroleum
MPC
|
+$154M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FRX
FOREST LABORATORIES INC
FRX
|
+$177M |
| 2 |
SLB Ltd
SLB
|
+$121M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$119M |
| 4 |
PepsiCo
PEP
|
+$110M |
| 5 |
Mastercard
MA
|
+$104M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 15.52% |
| 2 | Energy | 15.14% |
| 3 | Healthcare | 12.64% |
| 4 | Financials | 8.59% |
| 5 | Utilities | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Ziff Davis
ZD
$1.91B
| $718K | ﹤0.01% |
16,738
+11,926
| +248% | +$529K |
|
|
HNGR
2502
DELISTED
Hanger Inc.
HNGR
| $718K | ﹤0.01% |
+35,000
| New | +$893K |
|
2503
MSCI
MSCI
$41.4B
| $717K | ﹤0.01% |
15,253
-125,030
| -89% | -$5.78M |
|
|
TLMR
2504
DELISTED
TALMER BANCORP INC (MI)
TLMR
| $717K | ﹤0.01% |
51,863
+13,761
| +36% | +$194K |
|
|
HOLI
2505
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $714K | ﹤0.01% |
31,760
+21,498
| +209% | +$483K |
|
|
EPIQ
2506
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $712K | ﹤0.01% |
40,520
+2,091
| +5% | +$31.1K |
|
2507
CALL
Vail Resorts
MTN
$5.15B
| $711K | ﹤0.01% |
8,200
-3,100
| -27% | -$246K |
|
2508
California Water Service
CWT
$3.1B
| $710K | ﹤0.01% |
+31,624
| New | +$744K |
|
|
CQB
2509
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
| $710K | ﹤0.01% |
50,000
-83,676
| -63% | -$1.03M |
|
2510
Autohome
ATHM
$2.6B
| $707K | ﹤0.01% |
16,822
-74,941
| -82% | -$3.1M |
|
|
XXIA
2511
DELISTED
Ixia
XXIA
| $707K | ﹤0.01% |
77,397
+25,638
| +50% | +$257K |
|
2512
Natural Gas Services Group
NGS
$457M
| $706K | ﹤0.01% |
+29,347
| New | +$857K |
|
2513
Horace Mann Educators
HMN
$2.07B
| $705K | ﹤0.01% |
+24,738
| New | +$728K |
|
2514
Cytokinetics
CYTK
$10.8B
| $704K | ﹤0.01% |
+200,000
| New | +$840K |
|
|
ACET
2515
DELISTED
Aceto Corp
ACET
| $704K | ﹤0.01% |
+36,439
| New | +$685K |
|
|
GAS
2516
DELISTED
AGL Resources Inc
GAS
| $704K | ﹤0.01% |
13,707
-35,384
| -72% | -$1.87M |
|
2517
Leidos
LDOS
$17.6B
| $701K | ﹤0.01% |
20,432
-36,615
| -64% | -$1.35M |
|
2518
Community Trust Bancorp
CTBI
$1.39B
| $700K | ﹤0.01% |
20,816
-12,802
| -38% | -$447K |
|
2519
PUT
HF Sinclair
DINO
$17.2B
| $699K | ﹤0.01% |
16,000
| – | – |
|
2520
Curtiss-Wright
CW
$22.4B
| $696K | ﹤0.01% |
10,564
-16,684
| -61% | -$1.12M |
|
|
ESI
2521
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $694K | ﹤0.01% |
161,681
+120,808
| +296% | +$1.25M |
|
|
GLOG
2522
PUT
DELISTED
GASLOG LTD
GLOG
| $693K | ﹤0.01% |
31,500
+24,700
| +363% | +$636K |
|
2523
NBT Bancorp
NBTB
$2.67B
| $690K | ﹤0.01% |
30,655
+9,790
| +47% | +$232K |
|
2524
United Microelectronic
UMC
$47.8B
| $689K | ﹤0.01% |
+346,224
| New | +$777K |
|
2525
Apyx Medical
APYX
$126M
| $688K | ﹤0.01% |
172,500
-42,500
| -20% | -$173K |
|
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Israel Englander's Q3 2014 Portfolio in Review
As of Q3 2014, Israel Englander held 4,400 positions worth $39.5B, up 9.5% from $36.1B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander deployed $4.26B of net new capital in Q3 2014, opening 1,066 new positions and adding to 1,336 existing holdings. Its largest new stake was St Jude Medical: 1,407,737 shares worth $84.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 16% of assets, up from 14% a quarter earlier, followed by Energy and Healthcare.
On the sell side, the largest reduction was SLB Ltd, an estimated $121M trimmed.
- Israel Englander's largest Q3 2014 buy was St Jude Medical: 1,407,737 shares worth $84.6M.
- Israel Englander added most to Marathon Oil Corporation in Q3 2014, an estimated $180M increase.
- Israel Englander's biggest Q3 2014 reduction was SLB Ltd, cutting an estimated $121M.
- Israel Englander fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $177M.
- Israel Englander's ten largest holdings make up 11% of its $39.5B portfolio in Q3 2014.
- Israel Englander opened 1,066 new positions and closed 749 in Q3 2014.
- Israel Englander's portfolio value rose 9.5% quarter-over-quarter to $39.5B.
Based on Millennium Management's 13F filing for Q3 2014, filed 14 Nov 2014.