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 | |
|---|---|---|---|---|---|---|
626
Allegion
ALLE
$13.8B
| $15.4M | 0.04% |
323,496
+261,579
| +422% | +$13.7M |
|
|
MHFI
627
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $15.4M | 0.04% |
182,400
-42,903
| -19% | -$3.53M |
|
628
Host Hotels & Resorts
HST
$15.9B
| $15.4M | 0.04% |
720,478
-854,181
| -54% | -$19M |
|
|
ODP
629
DELISTED
ODP
ODP
| $15.3M | 0.04% |
298,557
+295,287
| +9,030% | +$15.6M |
|
630
CALL
NOV
NOV
$7.28B
| $15.2M | 0.04% |
200,300
-88,900
| -31% | -$7.35M |
|
|
RBS.PRS.CL
631
DELISTED
The Royal Bank Of Scotland Group
RBS.PRS.CL
| $15.2M | 0.04% |
+611,105
| New | +$15.1M |
|
632
American Financial Group
AFG
$11.9B
| $15.1M | 0.04% |
261,447
-129,319
| -33% | -$7.57M |
|
633
Alcoa
AA
$13.7B
| $15.1M | 0.04% |
+391,397
| New | +$15.3M |
|
634
Intel
INTC
$476B
| $15.1M | 0.04% |
434,584
+190,287
| +78% | +$6.44M |
|
635
Humana
HUM
$45.5B
| $15.1M | 0.04% |
116,091
+54,890
| +90% | +$6.98M |
|
|
BTU
636
PUT
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $15.1M | 0.04% |
81,167
-9,720
| -11% | -$2.21M |
|
637
Accuray
ARAY
$33.6M
| $15M | 0.04% |
2,070,239
+237,946
| +13% | +$1.93M |
|
638
VeriSign
VRSN
$25.5B
| $15M | 0.04% |
271,576
+218,835
| +415% | +$11.8M |
|
639
Vail Resorts
MTN
$5.45B
| $15M | 0.04% |
172,429
+19,110
| +12% | +$1.52M |
|
|
ECHO
640
EchoStar
ECHO
$25.2B
| $14.9M | 0.04% |
377,752
+181,967
| +93% | +$7.46M |
|
641
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $14.9M | 0.04% |
15,000
-29,220
| -66% | -$31.7M |
|
642
Universal Corp
UVV
$1.12B
| $14.9M | 0.04% |
334,814
+310,935
| +1,302% | +$16M |
|
643
LPL Financial
LPLA
$28.5B
| $14.8M | 0.04% |
+322,374
| New | +$15.5M |
|
|
TCF
644
DELISTED
TCF Financial Corporation Common Stock
TCF
| $14.8M | 0.04% |
551,364
+59,374
| +12% | +$1.66M |
|
|
LGF
645
DELISTED
Lions Gate Entertainment
LGF
| $14.8M | 0.04% |
449,581
-53,715
| -11% | -$1.71M |
|
|
HMSY
646
DELISTED
HMS Holdings Corp.
HMSY
| $14.8M | 0.04% |
784,636
-223,730
| -22% | -$4.53M |
|
647
Prothena Corp
PRTA
$485M
| $14.7M | 0.04% |
664,850
-25,281
| -4% | -$536K |
|
|
VMW
648
DELISTED
VMware, Inc
VMW
| $14.7M | 0.04% |
156,323
+24,736
| +19% | +$2.41M |
|
|
CVG
649
DELISTED
Convergys
CVG
| $14.6M | 0.04% |
820,061
+446,004
| +119% | +$8.67M |
|
|
GWR
650
DELISTED
Genesee & Wyoming Inc.
GWR
| $14.6M | 0.04% |
153,244
+27,746
| +22% | +$2.75M |
|
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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.