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 |
American Electric Power
AEP
|
+$300M |
| 2 |
NBL
Noble Energy, Inc.
NBL
|
+$274M |
| 3 |
DTE Energy
DTE
|
+$243M |
| 4 |
Teva Pharmaceuticals
TEVA
|
+$215M |
| 5 |
Ameren
AEE
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$231M |
| 2 |
Dominion Energy
D
|
+$185M |
| 3 |
Hilton Worldwide
HLT
|
+$157M |
| 4 |
Microsoft
MSFT
|
+$155M |
| 5 |
CSX Corp
CSX
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.88% |
| 2 | Energy | 11.87% |
| 3 | Financials | 9.18% |
| 4 | Consumer Discretionary | 8.98% |
| 5 | Industrials | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2851
UBS Group
UBS
$166B
| $409K | ﹤0.01% |
21,800
-632,197
| -97% | -$11M |
|
|
CTT
2852
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $409K | ﹤0.01% |
34,869
-1,105,822
| -97% | -$12.9M |
|
|
VOLT
2853
DELISTED
Volt Information Sciences, Inc.
VOLT
| $409K | ﹤0.01% |
34,783
+16,438
| +90% | +$196K |
|
|
CVT
2854
DELISTED
CVENT, INC.
CVT
| $409K | ﹤0.01% |
14,574
-62,802
| -81% | -$1.72M |
|
2855
CALL
Morgan Stanley
MS
$340B
| $407K | ﹤0.01% |
+11,400
| New | +$409K |
|
2856
PUT
Texas Instruments
TXN
$237B
| $406K | ﹤0.01% |
+7,100
| New | +$399K |
|
|
ADVM
2857
CALL
DELISTED
Adverum Biotechnologies
ADVM
| $405K | ﹤0.01% |
+1,000
| New | +$423K |
|
|
VCRA
2858
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $405K | ﹤0.01% |
40,861
-41,608
| -50% | -$411K |
|
2859
PUT
Vornado Realty Trust
VNO
$7.46B
| $403K | ﹤0.01% |
+4,453
| New | +$400K |
|
2860
WD-40
WDFC
$2.87B
| $402K | ﹤0.01% |
4,545
-818
| -15% | -$68.7K |
|
|
ALOG
2861
DELISTED
Analogic Corp
ALOG
| $402K | ﹤0.01% |
4,424
-56,314
| -93% | -$4.84M |
|
2862
PUT
NXP Semiconductors
NXPI
$56.7B
| $401K | ﹤0.01% |
+4,000
| New | +$352K |
|
2863
FirstCash
FCFS
$9.95B
| $400K | ﹤0.01% |
+8,606
| New | +$428K |
|
|
TEP
2864
DELISTED
Tallgrass Energy Partners, LP
TEP
| $400K | ﹤0.01% |
7,900
-23,600
| -75% | -$1.12M |
|
|
LITS
2865
Lite Strategy Inc
LITS
$35.7M
| $399K | ﹤0.01% |
11,132
-22,588
| -67% | -$2.02M |
|
2866
Stoneridge
SRI
$205M
| $397K | ﹤0.01% |
35,136
+12,113
| +53% | +$146K |
|
2867
Banco de Chile
BCH
$21.5B
| $396K | ﹤0.01% |
+19,439
| New | +$401K |
|
2868
PUT
Equinix
EQIX
$106B
| $396K | ﹤0.01% |
+1,700
| New | +$385K |
|
|
2869
PUT
Morgan Stanley
MS
$340B
| $396K | ﹤0.01% |
+11,100
| New | +$398K |
|
|
CSOD
2870
CALL
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $396K | ﹤0.01% |
13,700
+6,900
| +101% | +$225K |
|
|
RYL
2871
PUT
DELISTED
RYLAND GROUP INC
RYL
| $395K | ﹤0.01% |
8,100
-13,300
| -62% | -$569K |
|
2872
Compugen
CGEN
$272M
| $394K | ﹤0.01% |
55,927
+29,919
| +115% | +$245K |
|
|
AXAS
2873
DELISTED
Abraxas Petroleum Corp
AXAS
| $394K | ﹤0.01% |
6,055
-1,559
| -20% | -$96.6K |
|
2874
CALL
Assured Guaranty
AGO
$3.3B
| $393K | ﹤0.01% |
14,900
-400
| -3% | -$10.3K |
|
|
TRNX
2875
DELISTED
TORNIER N V SHARES (NLD)
TRNX
| $393K | ﹤0.01% |
15,000
-392,181
| -96% | -$9.93M |
|
Similar funds
Israel Englander's Q1 2015 Portfolio in Review
As of Q1 2015, Israel Englander held 4,613 positions worth $53.7B, up 14% from $47.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander deployed $5.19B of net new capital in Q1 2015, opening 744 new positions and adding to 1,445 existing holdings. Its largest new stake was DTE Energy: 3,384,348 shares worth $232M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Pioneer Natural Resource Co., an estimated $231M trimmed.
- Israel Englander's largest Q1 2015 buy was DTE Energy: 3,384,348 shares worth $232M.
- Israel Englander added most to American Electric Power in Q1 2015, an estimated $300M increase.
- Israel Englander's biggest Q1 2015 reduction was Pioneer Natural Resource Co., cutting an estimated $231M.
- Israel Englander fully exited Seadrill Limited Common Stock in Q1 2015, selling an estimated $110M.
- Israel Englander's ten largest holdings make up 11% of its $53.7B portfolio in Q1 2015.
- Israel Englander opened 744 new positions and closed 1,104 in Q1 2015.
- Israel Englander's portfolio value rose 14% quarter-over-quarter to $53.7B.
Based on Millennium Management's 13F filing for Q1 2015, filed 15 May 2015.