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 | |
|---|---|---|---|---|---|---|
|
26
American Electric Power
AEP
$65.8B
| $151M | 0.32% |
2,483,858
-2,174,600
| -47% | -$124M |
|
27
CVS Health
CVS
$119B
| $150M | 0.32% |
1,560,370
+1,552,116
| +18,804% | +$137M |
|
28
Citigroup
C
$221B
| $150M | 0.32% |
2,775,980
+1,210,706
| +77% | +$64.3M |
|
|
EGN
29
DELISTED
Energen
EGN
| $150M | 0.32% |
2,350,123
-35,936
| -2% | -$2.28M |
|
30
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $148M | 0.31% |
722,000
+213,700
| +42% | +$43M |
|
|
DYN
31
DELISTED
Dynegy, Inc.
DYN
| $148M | 0.31% |
4,869,592
+1,859,396
| +62% | +$57.4M |
|
32
Tyson Foods
TSN
$20.6B
| $144M | 0.3% |
3,586,785
+550,695
| +18% | +$22.3M |
|
|
ATVI
33
DELISTED
Activision Blizzard
ATVI
| $139M | 0.29% |
6,881,631
+3,079,043
| +81% | +$62.1M |
|
|
FITB
34
Fifth Third Bancorp
FITB
$49.7B
| $136M | 0.29% |
6,665,659
+1,237,526
| +23% | +$24.6M |
|
|
GPOR
35
DELISTED
Gulfport Energy Corp.
GPOR
| $135M | 0.29% |
3,239,847
+515,267
| +19% | +$24.1M |
|
36
Apple
AAPL
$4.51T
| $134M | 0.28% |
4,872,928
-482,276
| -9% | -$13.1M |
|
|
AGN
37
DELISTED
Allergan plc
AGN
| $132M | 0.28% |
512,758
-355,110
| -41% | -$88.8M |
|
38
Diamondback Energy
FANG
$59B
| $130M | 0.28% |
2,174,431
+1,293,935
| +147% | +$82.3M |
|
39
General Dynamics
GD
$104B
| $130M | 0.27% |
942,492
+877,220
| +1,344% | +$119M |
|
40
Ovintiv
OVV
$18.5B
| $129M | 0.27% |
1,857,300
+1,181,396
| +175% | +$101M |
|
41
Southwest Airlines
LUV
$19.8B
| $127M | 0.27% |
2,994,445
+2,535,040
| +552% | +$94.6M |
|
|
CIE
42
DELISTED
Cobalt International Energy, Inc
CIE
| $125M | 0.26% |
937,686
+477,591
| +104% | +$72.7M |
|
43
Texas Instruments
TXN
$241B
| $125M | 0.26% |
2,329,869
+2,218,814
| +1,998% | +$112M |
|
44
CMS Energy
CMS
$21.4B
| $124M | 0.26% |
3,557,506
+979,303
| +38% | +$32M |
|
|
HOT
45
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $123M | 0.26% |
1,520,290
+5,955
| +0.4% | +$465K |
|
46
Aramark
ARMK
$15.8B
| $122M | 0.26% |
5,425,165
+3,119,349
| +135% | +$63.8M |
|
47
AES
AES
$10.5B
| $121M | 0.26% |
8,767,702
-537,409
| -6% | -$7.34M |
|
|
GXP
48
DELISTED
Great Plains Energy Incorporated
GXP
| $119M | 0.25% |
4,177,018
+3,685,496
| +750% | +$97.3M |
|
|
DISH
49
DELISTED
DISH Network Corp.
DISH
| $119M | 0.25% |
1,626,419
+972,796
| +149% | +$65.5M |
|
|
SHPG
50
DELISTED
Shire pic
SHPG
| $118M | 0.25% |
557,525
+343,441
| +160% | +$72.9M |
|
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.