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 |
Devon Energy
DVN
|
+$196M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Edison International
EIX
|
+$152M |
| 4 |
PPL
PPL Corp
PPL
|
+$122M |
| 5 |
Estee Lauder
EL
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ameren
AEE
|
+$140M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$136M |
| 3 |
ANDV
Andeavor
ANDV
|
+$111M |
| 4 |
LyondellBasell Industries
LYB
|
+$105M |
| 5 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 15.65% |
| 2 | Healthcare | 13.77% |
| 3 | Energy | 13.48% |
| 4 | Utilities | 8.99% |
| 5 | Financials | 8.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HF
2626
DELISTED
HFF Inc.
HF
| $477K | ﹤0.01% |
14,186
-79,555
| -85% | -$2.4M |
|
|
PIKE
2627
DELISTED
PIKE CORPORATION COM STK (NC)
PIKE
| $477K | ﹤0.01% |
44,335
+15,535
| +54% | +$166K |
|
2628
Teekay
TK
$1.12B
| $476K | ﹤0.01% |
+8,464
| New | +$460K |
|
|
MIC
2629
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $475K | ﹤0.01% |
+8,300
| New | +$454K |
|
|
FTR
2630
DELISTED
Frontier Communications Corp.
FTR
| $475K | ﹤0.01% |
5,556
-148,039
| -96% | -$10.8M |
|
|
SGM
2631
DELISTED
Stonegate Mortgage Corporation
SGM
| $474K | ﹤0.01% |
31,868
-13,354
| -30% | -$203K |
|
2632
Quaker Houghton
KWR
$2.83B
| $473K | ﹤0.01% |
5,994
+250
| +4% | +$18.6K |
|
|
ARX
2633
DELISTED
Aeroflex Holding Corp (DE)
ARX
| $473K | ﹤0.01% |
56,967
+14,568
| +34% | +$112K |
|
2634
PUT
Chord Energy
CHRD
$7.99B
| $472K | ﹤0.01% |
+11,300
| New | +$478K |
|
|
TFCF
2635
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $472K | ﹤0.01% |
15,156
-208,836
| -93% | -$6.67M |
|
|
SHLO
2636
DELISTED
Shiloh Industries Inc
SHLO
| $471K | ﹤0.01% |
26,541
-4,566
| -15% | -$78.5K |
|
|
DTLK
2637
DELISTED
Datalink Corp
DTLK
| $471K | ﹤0.01% |
+33,827
| New | +$463K |
|
|
AVG
2638
DELISTED
AVG Technologies N.V.
AVG
| $471K | ﹤0.01% |
22,475
-184,460
| -89% | -$3.38M |
|
2639
PUT
Banco Bradesco
BBD
$34.2B
| $470K | ﹤0.01% |
+87,756
| New | +$398K |
|
2640
CALL
Ziff Davis
ZD
$1.91B
| $470K | ﹤0.01% |
+10,810
| New | +$456K |
|
|
2641
PUT
Ziff Davis
ZD
$1.91B
| $470K | ﹤0.01% |
+10,810
| New | +$456K |
|
2642
ProShares Ultra NASDAQ Biotechnology
BIB
$105M
| $469K | ﹤0.01% |
+11,740
| New | +$533K |
|
2643
Flotek Industries
FTK
$884M
| $469K | ﹤0.01% |
+2,805
| New | +$394K |
|
2644
DMC Global
BOOM
$144M
| $467K | ﹤0.01% |
24,516
-5,173
| -17% | -$109K |
|
2645
Worthington Enterprises
WOR
$2.83B
| $467K | ﹤0.01% |
19,819
-207,506
| -91% | -$5.17M |
|
|
DTSI
2646
DELISTED
DTS, Inc.
DTSI
| $467K | ﹤0.01% |
+23,614
| New | +$498K |
|
2647
ENI
E
$76.7B
| $466K | ﹤0.01% |
+9,279
| New | +$440K |
|
2648
Generac Holdings
GNRC
$11.6B
| $466K | ﹤0.01% |
+7,900
| New | +$432K |
|
2649
CALL
Oracle
ORCL
$438B
| $466K | ﹤0.01% |
11,400
-309,300
| -96% | -$11.8M |
|
|
TNGO
2650
DELISTED
Tangoe, Inc.
TNGO
| $465K | ﹤0.01% |
25,000
-91,151
| -78% | -$1.68M |
|
Similar funds
Israel Englander's Q1 2014 Portfolio in Review
As of Q1 2014, Israel Englander held 4,356 positions worth $34.5B, up 8.9% from $31.7B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Israel Englander deployed $4.18B of net new capital in Q1 2014, opening 945 new positions and adding to 1,266 existing holdings. Its largest new stake was Bausch Health: 575,504 shares worth $75.9M.
By sector, the portfolio is most concentrated in Miscellaneous at 16% of assets, down from 25% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was Ameren, an estimated $140M trimmed.
- Israel Englander's largest Q1 2014 buy was Bausch Health: 575,504 shares worth $75.9M.
- Israel Englander added most to Devon Energy in Q1 2014, an estimated $196M increase.
- Israel Englander's biggest Q1 2014 reduction was Ameren, cutting an estimated $140M.
- Israel Englander fully exited PepsiCo in Q1 2014, selling an estimated $89.1M.
- Israel Englander's ten largest holdings make up 7.9% of its $34.5B portfolio in Q1 2014.
- Israel Englander opened 945 new positions and closed 958 in Q1 2014.
- Israel Englander's portfolio value rose 8.9% quarter-over-quarter to $34.5B.
Based on Millennium Management's 13F filing for Q1 2014, filed 15 May 2014.