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 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$294M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$293M |
| 3 |
WLL
Whiting Petroleum Corporation
WLL
|
+$213M |
| 4 |
Xcel Energy
XEL
|
+$178M |
| 5 |
McDonald's
MCD
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BHI
Baker Hughes
BHI
|
+$255M |
| 2 |
Exelon
EXC
|
+$209M |
| 3 |
AbbVie
ABBV
|
+$199M |
| 4 |
CenterPoint Energy
CNP
|
+$130M |
| 5 |
American Electric Power
AEP
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.56% |
| 2 | Energy | 13.05% |
| 3 | Financials | 9.97% |
| 4 | Industrials | 8.17% |
| 5 | Consumer Discretionary | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Public Storage
PSA
$60.2B
| $44M | 0.09% |
237,792
+234,692
| +7,571% | +$42.5M |
|
277
Kinder Morgan
KMI
$69B
| $43.8M | 0.09% |
1,036,049
-3,057,615
| -75% | -$120M |
|
278
Southern Company
SO
$102B
| $43.6M | 0.09% |
+886,864
| New | +$41.9M |
|
279
Cintas
CTAS
$81.6B
| $43.5M | 0.09% |
2,218,424
+1,969,128
| +790% | +$35.6M |
|
280
The Mosaic Company
MOS
$7.76B
| $43.5M | 0.09% |
952,551
+942,084
| +9,001% | +$41.8M |
|
|
X
281
DELISTED
US Steel
X
| $43M | 0.09% |
1,609,535
+252,376
| +19% | +$8.41M |
|
|
CSG
282
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $43M | 0.09% |
5,334,697
+2,307,816
| +76% | +$18.4M |
|
|
BNY
283
Bank of New York Mellon
BNY
$108B
| $43M | 0.09% |
1,059,630
+644,131
| +155% | +$25.2M |
|
|
B
284
Barrick Mining
B
$78.3B
| $43M | 0.09% |
3,995,552
+2,232,478
| +127% | +$27.5M |
|
|
CIVI
285
DELISTED
Civitas Resources
CIVI
| $42.9M | 0.09% |
16,020
+11,154
| +229% | +$43.2M |
|
286
Cullen/Frost Bankers
CFR
$10.2B
| $42.8M | 0.09% |
605,461
+563,944
| +1,358% | +$42.5M |
|
|
WCN
287
Waste Connections
WCN
$42.6B
| $42.7M | 0.09% |
1,454,507
+1,175,304
| +421% | +$37M |
|
|
TXNM
288
TXNM Energy Inc
TXNM
$5.9B
| $42.6M | 0.09% |
1,437,204
-597,164
| -29% | -$16.9M |
|
289
Progressive
PGR
$127B
| $42.6M | 0.09% |
1,577,510
+1,215,402
| +336% | +$32.1M |
|
|
LGF
290
DELISTED
Lions Gate Entertainment
LGF
| $42.3M | 0.09% |
1,321,599
+872,018
| +194% | +$28.5M |
|
291
DaVita
DVA
$11.1B
| $42.2M | 0.09% |
557,724
-84,576
| -13% | -$6.37M |
|
292
SL Green Realty
SLG
$4.07B
| $42.2M | 0.09% |
366,441
+140,749
| +62% | +$15.6M |
|
293
Wynn Resorts
WYNN
$10.3B
| $42.2M | 0.09% |
283,677
+281,808
| +15,078% | +$48.4M |
|
|
HUB.B
294
DELISTED
HUBBELL INC CL-B
HUB.B
| $42.2M | 0.09% |
394,907
+225,100
| +133% | +$24.6M |
|
|
GWR
295
DELISTED
Genesee & Wyoming Inc.
GWR
| $42.1M | 0.09% |
468,326
+315,082
| +206% | +$29.1M |
|
296
TE Connectivity
TEL
$58.9B
| $42.1M | 0.09% |
665,036
-1,361,227
| -67% | -$81.9M |
|
297
ManpowerGroup
MAN
$2.86B
| $41.9M | 0.09% |
614,487
+239,198
| +64% | +$15.9M |
|
|
CODE
298
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $41.9M | 0.09% |
1,223,899
+57,519
| +5% | +$1.37M |
|
299
Visteon
VC
$2.83B
| $41.8M | 0.09% |
390,910
-184,203
| -32% | -$17.8M |
|
300
Estee Lauder
EL
$36.9B
| $41.7M | 0.09% |
547,441
+230,550
| +73% | +$17M |
|
Similar funds
Israel Englander's Q4 2014 Portfolio in Review
As of Q4 2014, Israel Englander held 4,655 positions worth $47.2B, up 19% from $39.5B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Israel Englander deployed $7.43B of net new capital in Q4 2014, opening 1,009 new positions and adding to 1,528 existing holdings. Its largest new stake was Coca-Cola: 2,223,712 shares worth $93.9M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 13% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Baker Hughes, an estimated $255M trimmed.
- Israel Englander's largest Q4 2014 buy was Coca-Cola: 2,223,712 shares worth $93.9M.
- Israel Englander added most to CAMERON INTERNATIONAL CORPORATION in Q4 2014, an estimated $294M increase.
- Israel Englander's biggest Q4 2014 reduction was Baker Hughes, cutting an estimated $255M.
- Israel Englander fully exited COVIDIEN PLC COM SHS NEW (IRELAND) in Q4 2014, selling an estimated $69M.
- Israel Englander's ten largest holdings make up 9.1% of its $47.2B portfolio in Q4 2014.
- Israel Englander opened 1,009 new positions and closed 792 in Q4 2014.
- Israel Englander's portfolio value rose 19% quarter-over-quarter to $47.2B.
Based on Millennium Management's 13F filing for Q4 2014, filed 17 Feb 2015.