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 |
Devon Energy
DVN
|
+$196M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Edison International
EIX
|
+$152M |
| 4 |
PPL
PPL Corp
PPL
|
+$122M |
| 5 |
Estee Lauder
EL
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ameren
AEE
|
+$140M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$136M |
| 3 |
ANDV
Andeavor
ANDV
|
+$111M |
| 4 |
LyondellBasell Industries
LYB
|
+$105M |
| 5 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.77% |
| 2 | Energy | 13.48% |
| 3 | Utilities | 8.99% |
| 4 | Financials | 8.47% |
| 5 | Consumer Discretionary | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HSII
3126
DELISTED
Heidrick & Struggles
HSII
| $221K | ﹤0.01% |
+11,007
| New | +$204K |
|
|
VMRK
3127
PUT
Vivmark Residential
VMRK
$27B
| $220K | ﹤0.01% |
+3,800
| New | +$214K |
|
3128
PUT
Sprouts Farmers Market
SFM
$8.01B
| $220K | ﹤0.01% |
+6,100
| New | +$225K |
|
3129
Ingles Markets
IMKTA
$1.61B
| $219K | ﹤0.01% |
+9,203
| New | +$227K |
|
|
OLP
3130
One Liberty Properties
OLP
$538M
| $219K | ﹤0.01% |
10,295
+2,394
| +30% | +$51.3K |
|
3131
First Bancorp
FBP
$4.27B
| $218K | ﹤0.01% |
40,031
-208,896
| -84% | -$1.11M |
|
3132
Coca-Cola Femsa
KOF
$24.6B
| $218K | ﹤0.01% |
2,065
-15,927
| -89% | -$1.66M |
|
|
MATR
3133
DELISTED
Mattersight Corp.
MATR
| $218K | ﹤0.01% |
+31,522
| New | +$195K |
|
|
MFRM
3134
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $218K | ﹤0.01% |
4,551
-5,545
| -55% | -$241K |
|
|
ENTR
3135
DELISTED
ENTROPIC COMMUNICATIONS INC COM STK (DE)
ENTR
| $218K | ﹤0.01% |
53,282
+19,982
| +60% | +$86.5K |
|
|
CMO
3136
DELISTED
Capstead Mortgage Corp.
CMO
| $218K | ﹤0.01% |
+17,200
| New | +$217K |
|
|
SASR
3137
DELISTED
Sandy Spring Bancorp Inc
SASR
| $217K | ﹤0.01% |
+8,700
| New | +$219K |
|
|
FITB
3138
PUT
Fifth Third Bancorp
FITB
$49.8B
| $216K | ﹤0.01% |
9,400
-391,000
| -98% | -$8.52M |
|
3139
Northwest Bancshares
NWBI
$2.24B
| $216K | ﹤0.01% |
+14,774
| New | +$213K |
|
3140
CALL
Snap-on
SNA
$20.4B
| $216K | ﹤0.01% |
+1,900
| New | +$206K |
|
3141
IDT Corp
IDT
$1.73B
| $215K | ﹤0.01% |
18,307
-9,030
| -33% | -$110K |
|
3142
CALL
ResMed
RMD
$34.1B
| $215K | ﹤0.01% |
+4,800
| New | +$216K |
|
3143
Simpson Manufacturing
SSD
$7.65B
| $215K | ﹤0.01% |
6,086
-11,568
| -66% | -$397K |
|
3144
PUT
Teck Resources
TECK
$35.1B
| $215K | ﹤0.01% |
+9,900
| New | +$230K |
|
|
CKP
3145
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $215K | ﹤0.01% |
+16,057
| New | +$223K |
|
3146
Broadwind
BWEN
$104M
| $214K | ﹤0.01% |
+17,530
| New | +$171K |
|
3147
PUT
Church & Dwight Co
CHD
$24.3B
| $214K | ﹤0.01% |
+6,200
| New | +$206K |
|
3148
Gibraltar Industries
ROCK
$1.37B
| $214K | ﹤0.01% |
11,317
-938
| -8% | -$17K |
|
3149
PUT
J.M. Smucker
SJM
$13.4B
| $214K | ﹤0.01% |
2,200
-500
| -19% | -$48.6K |
|
3150
CALL
United Parcel Service
UPS
$89.5B
| $214K | ﹤0.01% |
+2,200
| New | +$214K |
|
Similar funds
Israel Englander's Q1 2014 Portfolio in Review
As of Q1 2014, Israel Englander held 4,356 positions worth $34.5B, up 8.9% from $31.7B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Israel Englander deployed $1.49B of net new capital in Q1 2014, opening 945 new positions and adding to 1,266 existing holdings. Its largest new stake was Bausch Health: 575,504 shares worth $75.9M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Energy and Utilities.
On the sell side, the largest reduction was Ameren, an estimated $140M trimmed.
- Israel Englander's largest Q1 2014 buy was Bausch Health: 575,504 shares worth $75.9M.
- Israel Englander added most to Devon Energy in Q1 2014, an estimated $196M increase.
- Israel Englander's biggest Q1 2014 reduction was Ameren, cutting an estimated $140M.
- Israel Englander fully exited PepsiCo in Q1 2014, selling an estimated $89.1M.
- Israel Englander's ten largest holdings make up 7.9% of its $34.5B portfolio in Q1 2014.
- Israel Englander opened 945 new positions and closed 958 in Q1 2014.
- Israel Englander's portfolio value rose 8.9% quarter-over-quarter to $34.5B.
Based on Millennium Management's 13F filing for Q1 2014, filed 15 May 2014.