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 | |
|---|---|---|---|---|---|---|
2851
CALL
Conagra Brands
CAG
$7.75B
| $406K | ﹤0.01% |
+15,806
| New | +$389K |
|
|
TRST
2852
Trustco Bank Corp NY
TRST
$972M
| $406K | ﹤0.01% |
12,601
+5,095
| +68% | +$172K |
|
|
ASEI
2853
DELISTED
AMER SCIENCE & ENGR INC.
ASEI
| $406K | ﹤0.01% |
7,339
-911
| -11% | -$55.9K |
|
2854
iShares US Transportation ETF
IYT
$2.3B
| $405K | ﹤0.01% |
10,748
+4,180
| +64% | +$157K |
|
2855
CALL
Colgate-Palmolive
CL
$73.4B
| $404K | ﹤0.01% |
+6,200
| New | +$409K |
|
2856
PUT
W.W. Grainger
GWW
$62.7B
| $403K | ﹤0.01% |
1,600
-400
| -20% | -$98.1K |
|
|
POZN
2857
DELISTED
POZEN INC
POZN
| $403K | ﹤0.01% |
+54,939
| New | +$442K |
|
2858
ESCO Technologies
ESE
$7.31B
| $401K | ﹤0.01% |
11,540
-135,454
| -92% | -$4.71M |
|
2859
Columbia Banking Systems
COLB
$8.72B
| $400K | ﹤0.01% |
+16,103
| New | +$416K |
|
|
IQNT
2860
DELISTED
Inteliquent, Inc.
IQNT
| $400K | ﹤0.01% |
32,143
+6,777
| +27% | +$83.6K |
|
2861
CALL
Silicon Laboratories
SLAB
$7.29B
| $398K | ﹤0.01% |
+9,800
| New | +$431K |
|
|
UBA
2862
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $398K | ﹤0.01% |
19,630
-312,674
| -94% | -$6.54M |
|
2863
PUT
SAP
SAP
$242B
| $397K | ﹤0.01% |
+5,500
| New | +$427K |
|
2864
Sasol
SSL
$7.3B
| $397K | ﹤0.01% |
7,290
-1,079
| -13% | -$62.5K |
|
2865
Unisys
UIS
$190M
| $397K | ﹤0.01% |
16,942
-86,645
| -84% | -$1.99M |
|
2866
PUT
VeriSign
VRSN
$26.5B
| $397K | ﹤0.01% |
+7,200
| New | +$389K |
|
|
SIMG
2867
DELISTED
SILICON IMAGE INC
SIMG
| $397K | ﹤0.01% |
78,813
-129,287
| -62% | -$644K |
|
2868
OneMain Financial
OMF
$7.28B
| $395K | ﹤0.01% |
+12,371
| New | +$375K |
|
|
HIL
2869
DELISTED
Hill International, Inc. Common Stock
HIL
| $395K | ﹤0.01% |
98,848
+61,320
| +163% | +$298K |
|
2870
PUT
Popular Inc
BPOP
$10.9B
| $394K | ﹤0.01% |
13,400
-3,300
| -20% | -$105K |
|
2871
Compañía de Cervecerías Unidas
CCU
$2.29B
| $394K | ﹤0.01% |
17,894
-69,117
| -79% | -$1.54M |
|
|
DBD
2872
DELISTED
Diebold Nixdorf Incorporated
DBD
| $394K | ﹤0.01% |
11,162
-15,834
| -59% | -$597K |
|
|
IBKC
2873
DELISTED
IBERIABANK Corp
IBKC
| $394K | ﹤0.01% |
+6,299
| New | +$416K |
|
2874
CALL
MetLife
MET
$61.2B
| $392K | ﹤0.01% |
8,191
-8,415
| -51% | -$409K |
|
2875
TriCo Bancshares
TCBK
$1.74B
| $392K | ﹤0.01% |
17,320
+7,576
| +78% | +$174K |
|
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 $4.94B 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.