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 | |
|---|---|---|---|---|---|---|
2926
PUT
TripAdvisor
TRIP
$1.19B
| $358K | ﹤0.01% |
+4,300
| New | +$338K |
|
2927
CALL
Abercrombie & Fitch
ANF
$4.87B
| $357K | ﹤0.01% |
16,200
+7,000
| +76% | +$173K |
|
|
CPRX
2928
DELISTED
Catalyst Pharmaceutical
CPRX
| $357K | ﹤0.01% |
+82,372
| New | +$297K |
|
|
ITC
2929
CALL
DELISTED
ITC HOLDINGS CORP
ITC
| $356K | ﹤0.01% |
+9,500
| New | +$377K |
|
2930
CALL
Southern Company
SO
$103B
| $354K | ﹤0.01% |
+8,000
| New | +$380K |
|
2931
Telecom Argentina
TEO
$5.75B
| $353K | ﹤0.01% |
+15,546
| New | +$335K |
|
|
AET
2932
PUT
DELISTED
Aetna Inc
AET
| $352K | ﹤0.01% |
+3,300
| New | +$323K |
|
|
IRS
2933
IRSA Inversiones y Representaciones
IRS
$1.27B
| $351K | ﹤0.01% |
+18,515
| New | +$303K |
|
|
MSFG
2934
DELISTED
MainSource Financial Group Inc
MSFG
| $351K | ﹤0.01% |
+17,866
| New | +$346K |
|
|
TRUE
2935
DELISTED
TrueCar
TRUE
| $350K | ﹤0.01% |
+19,603
| New | +$365K |
|
2936
ePlus
PLUS
$2.25B
| $349K | ﹤0.01% |
+16,064
| New | +$312K |
|
|
MCUR
2937
DELISTED
Macrocure Ltd.
MCUR
| $349K | ﹤0.01% |
37,584
-16,614
| -31% | -$160K |
|
2938
Culp Inc
CULP
$44.6M
| $348K | ﹤0.01% |
+13,000
| New | +$294K |
|
2939
Kinder Morgan
KMI
$69.5B
| $348K | ﹤0.01% |
8,280
-1,027,769
| -99% | -$42.6M |
|
|
DCH
2940
PUT
Dauch Corp
DCH
$1.51B
| $346K | ﹤0.01% |
+13,400
| New | +$329K |
|
2941
Consumer Portfolio Services
CPSS
$200M
| $346K | ﹤0.01% |
49,465
+24,175
| +96% | +$162K |
|
2942
PUT
eBay
EBAY
$47.2B
| $346K | ﹤0.01% |
14,256
-110,009
| -89% | -$2.62M |
|
2943
PUT
O'Reilly Automotive
ORLY
$73.3B
| $346K | ﹤0.01% |
24,000
+6,000
| +33% | +$80.6K |
|
|
MIC
2944
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $346K | ﹤0.01% |
+4,200
| New | +$320K |
|
|
CDI
2945
DELISTED
CDI Corp.
CDI
| $346K | ﹤0.01% |
+24,654
| New | +$403K |
|
2946
PUT
CarMax
KMX
$9.11B
| $345K | ﹤0.01% |
5,000
-103,400
| -95% | -$6.74M |
|
2947
Sturm, Ruger & Co
RGR
$612M
| $345K | ﹤0.01% |
6,953
-9,522
| -58% | -$427K |
|
|
RDC
2948
CALL
DELISTED
Rowan Companies Plc
RDC
| $345K | ﹤0.01% |
+19,500
| New | +$416K |
|
|
NMBL
2949
DELISTED
Nimble Storage, Inc.
NMBL
| $345K | ﹤0.01% |
15,484
-22,124
| -59% | -$538K |
|
2950
Park National Corp
PRK
$3.63B
| $344K | ﹤0.01% |
+4,020
| New | +$339K |
|
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.