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 | |
|---|---|---|---|---|---|---|
401
Idexx Laboratories
IDXX
$43.9B
| $31.4M | 0.07% |
424,190
+148,594
| +54% | +$10.4M |
|
402
Starbucks
SBUX
$122B
| $31.4M | 0.07% |
764,328
-19,926
| -3% | -$778K |
|
403
BorgWarner
BWA
$13.8B
| $31.3M | 0.07% |
646,342
+374,738
| +138% | +$18.3M |
|
404
Alliant Energy
LNT
$17.6B
| $31.1M | 0.07% |
937,624
+294,428
| +46% | +$9.11M |
|
405
Ashland
ASH
$3.33B
| $31.1M | 0.07% |
531,025
-1,668,752
| -76% | -$90M |
|
|
TRW
406
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $31.1M | 0.07% |
301,941
-97,444
| -24% | -$9.95M |
|
|
BDN
407
Brandywine Realty Trust
BDN
$522M
| $31M | 0.07% |
1,942,818
+1,467,713
| +309% | +$22.3M |
|
408
Nelnet
NNI
$4.55B
| $31M | 0.07% |
669,480
-16,589
| -2% | -$756K |
|
|
CELG
409
CALL
DELISTED
Celgene Corp
CELG
| $30.9M | 0.07% |
276,400
+197,600
| +251% | +$20.8M |
|
|
BHI
410
CALL
DELISTED
Baker Hughes
BHI
| $30.9M | 0.07% |
+551,000
| New | +$31.1M |
|
|
SIVB
411
DELISTED
SVB Financial Group
SIVB
| $30.8M | 0.07% |
265,565
+217,068
| +448% | +$23.7M |
|
412
Cigna
CI
$73.3B
| $30.8M | 0.07% |
299,456
+36,047
| +14% | +$3.55M |
|
|
ANAC
413
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $30.7M | 0.07% |
953,382
+428,258
| +82% | +$12.9M |
|
414
National Health Investors
NHI
$3.6B
| $30.7M | 0.07% |
439,187
+192,920
| +78% | +$12.5M |
|
|
CFN
415
DELISTED
CAREFUSION CORPORATION
CFN
| $30.6M | 0.06% |
515,217
+58,162
| +13% | +$3.34M |
|
416
Designer Brands
DBI
$292M
| $30.5M | 0.06% |
816,447
+471,125
| +136% | +$15.4M |
|
|
STAY
417
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $30.2M | 0.06% |
1,562,477
-206,226
| -12% | -$4.18M |
|
418
OGE Energy
OGE
$9.42B
| $30.1M | 0.06% |
848,215
-1,483,243
| -64% | -$53.6M |
|
419
Iron Mountain
IRM
$36.3B
| $29.9M | 0.06% |
773,649
+349,128
| +82% | +$12.7M |
|
420
Dine Brands
DIN
$454M
| $29.9M | 0.06% |
288,434
-2,235
| -0.8% | -$207K |
|
|
FOLD
421
DELISTED
Amicus Therapeutics
FOLD
| $29.8M | 0.06% |
3,586,910
+2,105,876
| +142% | +$14.5M |
|
422
Oil States International
OIS
$522M
| $29.8M | 0.06% |
610,193
+494,677
| +428% | +$26.7M |
|
423
FTI Consulting
FCN
$4.3B
| $29.8M | 0.06% |
771,515
+256,738
| +50% | +$9.76M |
|
424
Green Dot
GDOT
$766M
| $29.5M | 0.06% |
1,438,307
+1,130,166
| +367% | +$24.6M |
|
|
PAY
425
DELISTED
Verifone Systems Inc
PAY
| $29.4M | 0.06% |
791,450
-172,480
| -18% | -$6.07M |
|
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.