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 | |
|---|---|---|---|---|---|---|
451
PG&E
PCG
$38.8B
| $27.7M | 0.06% |
520,095
+131,636
| +34% | +$6.52M |
|
452
BHP
BHP
$246B
| $27.7M | 0.06% |
691,330
-201,450
| -23% | -$9.29M |
|
|
CTB
453
DELISTED
Cooper Tire & Rubber Co.
CTB
| $27.6M | 0.06% |
+795,986
| New | +$25M |
|
454
NVIDIA
NVDA
$5.2T
| $27.5M | 0.06% |
54,923,680
-40,547,000
| -42% | -$19.8M |
|
|
LO
455
DELISTED
LORILLARD INC COM STK
LO
| $27.4M | 0.06% |
436,107
-189,695
| -30% | -$11.7M |
|
|
SPR
456
DELISTED
Spirit AeroSystems
SPR
| $27.4M | 0.06% |
636,944
-368,717
| -37% | -$14.9M |
|
457
Polaris
PII
$3.66B
| $27.4M | 0.06% |
180,864
+159,287
| +738% | +$23.9M |
|
|
VMW
458
DELISTED
VMware, Inc
VMW
| $27.3M | 0.06% |
330,774
+174,451
| +112% | +$14.9M |
|
459
Neurocrine Biosciences
NBIX
$15.5B
| $27.3M | 0.06% |
1,221,666
+879,740
| +257% | +$16.7M |
|
|
ALR
460
DELISTED
Alere Inc
ALR
| $27.2M | 0.06% |
716,716
+686,713
| +2,289% | +$26.5M |
|
461
ATI
ATI
$28.2B
| $27.2M | 0.06% |
782,914
+193,492
| +33% | +$6.39M |
|
462
GATX Corp
GATX
$6.25B
| $27.2M | 0.06% |
472,049
+322,229
| +215% | +$19.2M |
|
463
Palo Alto Networks
PANW
$292B
| $27.2M | 0.06% |
1,329,156
-854,010
| -39% | -$15.7M |
|
464
Union Pacific
UNP
$183B
| $27M | 0.06% |
226,936
-282,327
| -55% | -$32.4M |
|
|
ZLTQ
465
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $26.9M | 0.06% |
965,197
+917,655
| +1,930% | +$23.9M |
|
466
Best Buy
BBY
$18.1B
| $26.9M | 0.06% |
690,284
-1,206,773
| -64% | -$42.4M |
|
467
United Parks & Resorts
PRKS
$2.06B
| $26.8M | 0.06% |
1,497,413
+1,260,892
| +533% | +$22.2M |
|
|
CVD
468
DELISTED
COVANCE INC.
CVD
| $26.7M | 0.06% |
257,200
-187,899
| -42% | -$17.6M |
|
469
NXP Semiconductors
NXPI
$56.9B
| $26.7M | 0.06% |
349,521
+224,478
| +180% | +$15.9M |
|
|
K
470
DELISTED
Kellanova
K
| $26.6M | 0.06% |
433,564
+83,137
| +24% | +$4.99M |
|
471
Glacier Bancorp
GBCI
$6.15B
| $26.6M | 0.06% |
958,587
+312,233
| +48% | +$8.47M |
|
472
Armstrong World Industries
AWI
$7.55B
| $26.6M | 0.06% |
519,990
+480,951
| +1,232% | +$23.8M |
|
|
HBI
473
DELISTED
Hanesbrands
HBI
| $26.6M | 0.06% |
952,344
+47,888
| +5% | +$1.31M |
|
474
Dollar Tree
DLTR
$25.3B
| $26.5M | 0.06% |
377,199
-569,888
| -60% | -$35.9M |
|
|
CONE
475
DELISTED
CyrusOne Inc Common Stock
CONE
| $26.5M | 0.06% |
962,314
-13,562
| -1% | -$356K |
|
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.