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 | |
|---|---|---|---|---|---|---|
2901
PUT
Parker-Hannifin
PH
$132B
| $377K | ﹤0.01% |
+3,300
| New | +$389K |
|
2902
PUT
MetLife
MET
$61.3B
| $376K | ﹤0.01% |
7,854
-219,463
| -97% | -$10.7M |
|
2903
Stellus Capital Investment Corp
SCM
$247M
| $376K | ﹤0.01% |
27,046
+13,162
| +95% | +$188K |
|
|
WCC
2904
PUT
WESCO International
WCC
$16.9B
| $376K | ﹤0.01% |
+4,800
| New | +$397K |
|
2905
Steven Madden
SHOO
$3.31B
| $375K | ﹤0.01% |
17,439
-1,361
| -7% | -$30.5K |
|
|
VOXX
2906
DELISTED
VOXX International Corporation Class A
VOXX
| $375K | ﹤0.01% |
40,279
-1,821
| -4% | -$17.7K |
|
|
APOL
2907
PUT
DELISTED
Apollo Education Group Inc Class A
APOL
| $375K | ﹤0.01% |
+14,900
| New | +$415K |
|
2908
Zumiez
ZUMZ
$318M
| $374K | ﹤0.01% |
13,300
-93,390
| -88% | -$2.74M |
|
|
Y
2909
DELISTED
Alleghany Corp
Y
| $374K | ﹤0.01% |
+895
| New | +$382K |
|
2910
Fox Factory Holding Corp
FOXF
$889M
| $373K | ﹤0.01% |
+24,052
| New | +$376K |
|
|
CLUB
2911
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $373K | ﹤0.01% |
55,680
-6,421
| -10% | -$37.2K |
|
2912
PUT
DuPont de Nemours
DD
$18.4B
| $372K | ﹤0.01% |
+2,804
| New | +$374K |
|
2913
Clear Channel Outdoor Holdings
CCO
$1.21B
| $371K | ﹤0.01% |
55,100
+36,430
| +195% | +$267K |
|
2914
McGrath RentCorp
MGRC
$2.81B
| $371K | ﹤0.01% |
+10,851
| New | +$396K |
|
|
GARS
2915
DELISTED
Garrison Capital Inc.
GARS
| $371K | ﹤0.01% |
25,607
+9,792
| +62% | +$143K |
|
2916
PUT
Ameriprise Financial
AMP
$49.4B
| $370K | ﹤0.01% |
+3,000
| New | +$368K |
|
|
CMO
2917
DELISTED
Capstead Mortgage Corp.
CMO
| $370K | ﹤0.01% |
30,198
-66,052
| -69% | -$861K |
|
2918
MakeMyTrip
MMYT
$5.57B
| $369K | ﹤0.01% |
13,245
+101
| +0.8% | +$2.91K |
|
2919
PUT
RPC Inc
RES
$1.36B
| $369K | ﹤0.01% |
+16,800
| New | +$377K |
|
|
SUP
2920
DELISTED
Superior Industries International
SUP
| $369K | ﹤0.01% |
21,064
+4,932
| +31% | +$96K |
|
2921
Gentherm
THRM
$1.22B
| $367K | ﹤0.01% |
8,700
-9,486
| -52% | -$446K |
|
2922
Ecolab
ECL
$81.8B
| $366K | ﹤0.01% |
3,186
-142,471
| -98% | -$16M |
|
2923
NVR
NVR
$17B
| $366K | ﹤0.01% |
324
-2,575
| -89% | -$2.95M |
|
|
TEN
2924
CALL
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $366K | ﹤0.01% |
+7,000
| New | +$444K |
|
|
2925
CALL
Parker-Hannifin
PH
$132B
| $365K | ﹤0.01% |
+3,200
| New | +$377K |
|
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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.