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 | |
|---|---|---|---|---|---|---|
|
MLNX
2526
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $688K | ﹤0.01% |
15,323
-1,075
| -7% | -$43.7K |
|
2527
PUT
Omnicom Group
OMC
$24.1B
| $687K | ﹤0.01% |
+12,600
| New | +$899K |
|
|
IBTX
2528
DELISTED
Independent Bank Group, Inc.
IBTX
| $684K | ﹤0.01% |
+14,405
| New | +$719K |
|
2529
Scully Royalty
SRL
$88.9M
| $683K | ﹤0.01% |
19,202
-4,384
| -19% | -$168K |
|
2530
TTEC Holdings
TTEC
$68M
| $683K | ﹤0.01% |
+27,781
| New | +$760K |
|
|
MTLS
2531
Materialise
MTLS
$429M
| $682K | ﹤0.01% |
+60,691
| New | +$729K |
|
|
PGH
2532
DELISTED
Pengrowth Energy Corporation
PGH
| $680K | ﹤0.01% |
130,774
-120,575
| -48% | -$751K |
|
2533
Credicorp
BAP
$29.6B
| $679K | ﹤0.01% |
4,426
-53,219
| -92% | -$8.16M |
|
2534
FNB Corp
FNB
$6.58B
| $679K | ﹤0.01% |
56,668
+24,332
| +75% | +$301K |
|
2535
Comscore
SCOR
$79.4M
| $678K | ﹤0.01% |
+931
| New | +$704K |
|
|
NP
2536
DELISTED
Neenah, Inc. Common Stock
NP
| $678K | ﹤0.01% |
12,672
-589
| -4% | -$31.7K |
|
|
WFM
2537
PUT
DELISTED
Whole Foods Market Inc
WFM
| $678K | ﹤0.01% |
17,800
+2,800
| +19% | +$107K |
|
|
LUX
2538
DELISTED
Luxottica Group
LUX
| $678K | ﹤0.01% |
13,015
+2,559
| +24% | +$138K |
|
2539
Embotelladora Andina Series B
AKO.B
$4.72B
| $677K | ﹤0.01% |
35,342
+13,030
| +58% | +$268K |
|
2540
PUT
Costco
COST
$415B
| $677K | ﹤0.01% |
5,400
+3,500
| +184% | +$423K |
|
|
LIOX
2541
DELISTED
Lionbridge Technologies
LIOX
| $676K | ﹤0.01% |
150,184
-13,915
| -8% | -$71.1K |
|
2542
Acadia Pharmaceuticals
ACAD
$5.12B
| $675K | ﹤0.01% |
+27,269
| New | +$638K |
|
|
LNCE
2543
DELISTED
Snyders-Lance, Inc.
LNCE
| $674K | ﹤0.01% |
25,426
-58,592
| -70% | -$1.57M |
|
2544
Aaon
AAON
$6.44B
| $672K | ﹤0.01% |
59,256
+25,137
| +74% | +$327K |
|
2545
PUT
Best Buy
BBY
$17.6B
| $672K | ﹤0.01% |
20,000
-179,100
| -90% | -$5.62M |
|
2546
Madrigal Pharmaceuticals
MDGL
$12.6B
| $672K | ﹤0.01% |
6,382
+1,969
| +45% | +$274K |
|
2547
Fidelity National Financial
FNF
$12.7B
| $671K | ﹤0.01% |
+34,819
| New | +$673K |
|
|
AMRN
2548
CALL
Amarin Corp
AMRN
$297M
| $669K | ﹤0.01% |
+30,680
| New | +$999K |
|
2549
Vanguard Morningstar Small-Cap ETF
VB
$82.2B
| $669K | ﹤0.01% |
6,045
+2,026
| +50% | +$232K |
|
2550
Gran Tierra Energy
GTE
$358M
| $667K | ﹤0.01% |
12,042
-4,471
| -27% | -$297K |
|
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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.