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 | |
|---|---|---|---|---|---|---|
|
IOC
401
CALL
DELISTED
Interoil Corporation
IOC
| $25.1M | 0.06% |
463,100
| – | – |
|
|
SNV
402
DELISTED
Synovus
SNV
| $25.1M | 0.06% |
1,062,618
+403,179
| +61% | +$9.67M |
|
|
FMBI
403
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $25.1M | 0.06% |
1,558,313
+1,496,284
| +2,412% | +$25.1M |
|
404
CALL
Energy Transfer Partners
ET
$73B
| $25M | 0.06% |
809,600
-160,000
| -17% | -$4.7M |
|
|
CAM
405
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $25M | 0.06% |
376,148
+293,478
| +355% | +$20.8M |
|
406
McKesson
MCK
$100B
| $24.9M | 0.06% |
127,905
-334,020
| -72% | -$64.3M |
|
407
Advance Auto Parts
AAP
$2.57B
| $24.8M | 0.06% |
190,396
+9,177
| +5% | +$1.2M |
|
408
Warner Bros
WBD
$71.6B
| $24.7M | 0.06% |
654,705
+165,449
| +34% | +$6.89M |
|
|
ETFC
409
DELISTED
E*Trade Financial Corporation
ETFC
| $24.7M | 0.06% |
1,094,020
-107,062
| -9% | -$2.35M |
|
410
Globus Medical
GMED
$11.7B
| $24.7M | 0.06% |
1,254,557
+585,261
| +87% | +$12M |
|
411
Microchip Technology
MCHP
$41.3B
| $24.6M | 0.06% |
1,041,286
-490,824
| -32% | -$11.7M |
|
412
Equinor
EQNR
$102B
| $24.6M | 0.06% |
904,035
+532,268
| +143% | +$15.4M |
|
413
PTC
PTC
$16.8B
| $24.5M | 0.06% |
664,819
+528,733
| +389% | +$20.2M |
|
|
UMPQ
414
DELISTED
Umpqua Holdings Corp
UMPQ
| $24.5M | 0.06% |
1,489,323
+1,141,620
| +328% | +$19.6M |
|
415
NetApp
NTAP
$37.7B
| $24.5M | 0.06% |
570,602
-488,302
| -46% | -$19.6M |
|
416
Las Vegas Sands
LVS
$30.5B
| $24.5M | 0.06% |
393,119
+112,366
| +40% | +$7.72M |
|
|
WOOF
417
DELISTED
VCA Inc.
WOOF
| $24.3M | 0.06% |
618,347
-198,071
| -24% | -$7.64M |
|
|
HBI
418
DELISTED
Hanesbrands
HBI
| $24.3M | 0.06% |
904,456
+142,600
| +19% | +$3.62M |
|
|
PACD
419
DELISTED
Pacific Drilling S A
PACD
| $24.2M | 0.06% |
293,007
-36,676
| -11% | -$3.53M |
|
420
Xcel Energy
XEL
$47.7B
| $24.2M | 0.06% |
+794,625
| New | +$24.9M |
|
|
LSI
421
DELISTED
Life Storage, Inc.
LSI
| $24.1M | 0.06% |
485,154
+121,611
| +33% | +$6.24M |
|
422
Cigna
CI
$73.3B
| $23.9M | 0.06% |
263,409
+232,709
| +758% | +$21.7M |
|
|
UPL
423
PUT
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $23.8M | 0.06% |
1,023,400
+778,500
| +318% | +$19.5M |
|
|
MJN
424
DELISTED
Mead Johnson Nutrition Company
MJN
| $23.8M | 0.06% |
247,233
-50,611
| -17% | -$4.8M |
|
425
Vulcan Materials
VMC
$35.8B
| $23.8M | 0.06% |
394,882
-84,718
| -18% | -$5.34M |
|
Similar funds
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.