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 | Energy | 15.14% |
| 2 | Healthcare | 12.64% |
| 3 | Financials | 8.59% |
| 4 | Utilities | 7.75% |
| 5 | Technology | 7.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ADYX
2751
DELISTED
Adynxx Inc
ADYX
| $485K | ﹤0.01% |
1,667
| – | – |
|
|
YGE
2752
DELISTED
Yingli Green Energy Holding Comp
YGE
| $485K | ﹤0.01% |
15,587
-90,473
| -85% | -$3.13M |
|
|
PLL
2753
PUT
DELISTED
PALL CORP
PLL
| $485K | ﹤0.01% |
+5,800
| New | +$475K |
|
|
DS
2754
DELISTED
Drive Shack Inc.
DS
| $484K | ﹤0.01% |
106,455
-32,920
| -24% | -$160K |
|
2755
CALL
Royal Gold
RGLD
$22.5B
| $481K | ﹤0.01% |
7,400
-300
| -4% | -$22.4K |
|
2756
PUT
Bunge Global
BG
$21.8B
| $480K | ﹤0.01% |
+5,700
| New | +$460K |
|
|
NTK
2757
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $479K | ﹤0.01% |
+6,428
| New | +$529K |
|
|
CVGW
2758
DELISTED
Calavo Growers
CVGW
| $478K | ﹤0.01% |
10,599
-24,120
| -69% | -$915K |
|
|
REXX
2759
DELISTED
Rex Energy Corporation
REXX
| $477K | ﹤0.01% |
3,767
-50,061
| -93% | -$7.35M |
|
2760
Annaly Capital Management
NLY
$17.2B
| $475K | ﹤0.01% |
11,124
-257,777
| -96% | -$11.8M |
|
2761
UnitedHealth
UNH
$360B
| $475K | ﹤0.01% |
+5,511
| New | +$466K |
|
2762
PUT
ASML
ASML
$671B
| $474K | ﹤0.01% |
+4,800
| New | +$452K |
|
|
SMRT
2763
DELISTED
Stein Mart Inc
SMRT
| $474K | ﹤0.01% |
+41,066
| New | +$531K |
|
|
RRMS
2764
CALL
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $473K | ﹤0.01% |
8,000
| – | – |
|
|
AGU
2765
DELISTED
Agrium
AGU
| $472K | ﹤0.01% |
+5,308
| New | +$488K |
|
|
MTSC
2766
DELISTED
MTS Systems Corp
MTSC
| $471K | ﹤0.01% |
+6,907
| New | +$472K |
|
2767
PUT
Gartner
IT
$12.2B
| $470K | ﹤0.01% |
+6,400
| New | +$465K |
|
|
MENT
2768
CALL
DELISTED
Mentor Graphics Corp
MENT
| $469K | ﹤0.01% |
+22,900
| New | +$489K |
|
2769
Park Aerospace
PKE
$714M
| $467K | ﹤0.01% |
19,838
+10,670
| +116% | +$300K |
|
2770
PUT
Conagra Brands
CAG
$7.77B
| $466K | ﹤0.01% |
+18,119
| New | +$446K |
|
2771
The Mosaic Company
MOS
$7.68B
| $465K | ﹤0.01% |
10,467
-802,900
| -99% | -$37.7M |
|
2772
United Fire Group
UFCS
$1.39B
| $465K | ﹤0.01% |
16,735
-3,040
| -15% | -$88K |
|
|
2773
CALL
ASML
ASML
$671B
| $464K | ﹤0.01% |
+4,700
| New | +$442K |
|
2774
PUT
WEC Energy
WEC
$35B
| $464K | ﹤0.01% |
10,800
+2,200
| +26% | +$97.7K |
|
|
BITA
2775
DELISTED
Bitauto Holdings Limited
BITA
| $464K | ﹤0.01% |
+5,947
| New | +$417K |
|
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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 $4.94B 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 Energy at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Financials.
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.