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 | |
|---|---|---|---|---|---|---|
2551
PUT
Tapestry
TPR
$24.6B
| $666K | ﹤0.01% |
18,700
-148,600
| -89% | -$5.32M |
|
2552
MSC Industrial Direct
MSM
$6.81B
| $665K | ﹤0.01% |
7,777
-43,543
| -85% | -$3.88M |
|
|
NSLR
2553
Neostellar Capital Corp
NSLR
$272M
| $665K | ﹤0.01% |
102,275
+36,413
| +55% | +$243K |
|
2554
PUT
Cheniere Energy
LNG
$58B
| $664K | ﹤0.01% |
8,300
-400
| -5% | -$30.5K |
|
|
CHS
2555
CALL
DELISTED
Chicos FAS, Inc.
CHS
| $663K | ﹤0.01% |
44,900
-26,700
| -37% | -$421K |
|
2556
Alamo Group
ALG
$2B
| $661K | ﹤0.01% |
16,127
+10,965
| +212% | +$527K |
|
2557
Carriage Services
CSV
$544M
| $661K | ﹤0.01% |
38,149
+1,196
| +3% | +$21K |
|
|
LUMO
2558
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $660K | ﹤0.01% |
3,422
-2,758
| -45% | -$606K |
|
|
SDPI
2559
DELISTED
Superior Drilling Products Inc.
SDPI
| $660K | ﹤0.01% |
105,811
-35,089
| -25% | -$220K |
|
|
DEG
2560
DELISTED
ETABLISSEMENT DELHZ ADS 4 ADS REPTGS 1 ORD SHS
DEG
| $660K | ﹤0.01% |
38,159
-3,786
| -9% | -$64.3K |
|
2561
Mizuho Financial
MFG
$127B
| $659K | ﹤0.01% |
184,542
-9,522
| -5% | -$36.7K |
|
2562
NewMarket
NEU
$8.49B
| $659K | ﹤0.01% |
+1,729
| New | +$686K |
|
|
SPLK
2563
PUT
DELISTED
Splunk Inc
SPLK
| $659K | ﹤0.01% |
+11,900
| New | +$592K |
|
|
CHMT
2564
DELISTED
Chemtura Corporation
CHMT
| $659K | ﹤0.01% |
28,227
-60,440
| -68% | -$1.5M |
|
|
BRKL
2565
DELISTED
Brookline Bancorp
BRKL
| $658K | ﹤0.01% |
77,000
+63,817
| +484% | +$578K |
|
|
ATNY
2566
DELISTED
API TECHNOLOGIES CORP. COMMON STOCK
ATNY
| $658K | ﹤0.01% |
279,998
+9,568
| +4% | +$21.6K |
|
2567
CVS Health
CVS
$119B
| $657K | ﹤0.01% |
8,254
-1,188,394
| -99% | -$93.7M |
|
2568
Westamerica Bancorp
WABC
$1.35B
| $657K | ﹤0.01% |
+14,129
| New | +$690K |
|
|
SUNS
2569
DELISTED
SLR Senior Investment Corp. Common Stock
SUNS
| $657K | ﹤0.01% |
42,665
+13,293
| +45% | +$215K |
|
2570
PUT
Royal Gold
RGLD
$22.8B
| $656K | ﹤0.01% |
10,100
-2,200
| -18% | -$164K |
|
|
SDRL
2571
PUT
DELISTED
Seadrill Limited Common Stock
SDRL
| $656K | ﹤0.01% |
+91
| New | +$860K |
|
|
GOLD
2572
CALL
DELISTED
Randgold Resources Ltd
GOLD
| $656K | ﹤0.01% |
+9,844
| New | +$792K |
|
2573
iShares Select Dividend ETF
DVY
$23.8B
| $652K | ﹤0.01% |
8,825
+4,379
| +98% | +$330K |
|
|
SKUL
2574
DELISTED
SKULLCANDY INC
SKUL
| $652K | ﹤0.01% |
83,672
+191
| +0.2% | +$1.47K |
|
2575
CALL
Ironwood Pharmaceuticals
IRWD
$701M
| $648K | ﹤0.01% |
+59,700
| New | +$683K |
|
Similar funds
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.