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 |
American Electric Power
AEP
|
+$300M |
| 2 |
NBL
Noble Energy, Inc.
NBL
|
+$274M |
| 3 |
DTE Energy
DTE
|
+$243M |
| 4 |
Teva Pharmaceuticals
TEVA
|
+$215M |
| 5 |
Ameren
AEE
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$231M |
| 2 |
Dominion Energy
D
|
+$185M |
| 3 |
Hilton Worldwide
HLT
|
+$157M |
| 4 |
Microsoft
MSFT
|
+$155M |
| 5 |
CSX Corp
CSX
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.88% |
| 2 | Energy | 11.87% |
| 3 | Financials | 9.18% |
| 4 | Consumer Discretionary | 8.98% |
| 5 | Industrials | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
O-I Glass
OI
$1.1B
| $21.5M | 0.04% |
921,790
+460,555
| +100% | +$11.3M |
|
|
DATA
627
DELISTED
Tableau Software, Inc.
DATA
| $21.4M | 0.04% |
230,832
-101,612
| -31% | -$9.23M |
|
|
AIRM
628
DELISTED
Air Methods Corp
AIRM
| $21.3M | 0.04% |
457,583
+353,280
| +339% | +$16.2M |
|
|
BIG
629
DELISTED
Big Lots, Inc.
BIG
| $21.3M | 0.04% |
443,010
-4,735
| -1% | -$223K |
|
|
PAY
630
DELISTED
Verifone Systems Inc
PAY
| $21.3M | 0.04% |
609,817
-181,633
| -23% | -$6.3M |
|
631
Portland General Electric
POR
$5.83B
| $21.2M | 0.04% |
572,697
-111,170
| -16% | -$4.19M |
|
632
Kroger
KR
$35.5B
| $21.2M | 0.04% |
553,638
+277,424
| +100% | +$9.9M |
|
633
Canadian National Railway
CNI
$78.5B
| $21.1M | 0.04% |
+316,154
| New | +$21.5M |
|
634
Strategy Inc
MSTR
$47.4B
| $21.1M | 0.04% |
1,249,070
+19,860
| +2% | +$335K |
|
|
ALJ
635
DELISTED
Alon USA Energy Inc
ALJ
| $21.1M | 0.04% |
1,272,826
+76,233
| +6% | +$1.01M |
|
|
AAT
636
American Assets Trust
AAT
$1.4B
| $21.1M | 0.04% |
487,130
+260,622
| +115% | +$11.1M |
|
|
VGR
637
DELISTED
Vector Group Ltd.
VGR
| $21.1M | 0.04% |
1,724,330
-395,730
| -19% | -$4.9M |
|
|
PLCM
638
DELISTED
POLYCOM INC
PLCM
| $21.1M | 0.04% |
1,571,068
+645,711
| +70% | +$8.63M |
|
|
DISH
639
PUT
DELISTED
DISH Network Corp.
DISH
| $21M | 0.04% |
300,000
+292,500
| +3,900% | +$21.6M |
|
640
The GEO Group
GEO
$4.31B
| $20.9M | 0.04% |
716,559
-255,275
| -26% | -$7.28M |
|
641
PUT
Alnylam Pharmaceuticals
ALNY
$31.6B
| $20.9M | 0.04% |
+200,000
| New | +$20.3M |
|
|
BRCD
642
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $20.9M | 0.04% |
1,759,678
+718,914
| +69% | +$8.58M |
|
|
ALR
643
DELISTED
Alere Inc
ALR
| $20.8M | 0.04% |
426,058
-290,658
| -41% | -$12.8M |
|
|
DWRE
644
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $20.8M | 0.04% |
341,204
+182,946
| +116% | +$10.6M |
|
|
AMED
645
DELISTED
Amedisys
AMED
| $20.8M | 0.04% |
775,844
+461,241
| +147% | +$13M |
|
646
Cabot Corp
CBT
$4.4B
| $20.7M | 0.04% |
460,932
+251,964
| +121% | +$11.1M |
|
647
CenterPoint Energy
CNP
$25.5B
| $20.7M | 0.04% |
1,014,036
-349,984
| -26% | -$7.65M |
|
648
Cracker Barrel
CBRL
$1.29B
| $20.6M | 0.04% |
+135,431
| New | +$19.1M |
|
|
CAM
649
CALL
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $20.6M | 0.04% |
456,200
+172,100
| +61% | +$7.85M |
|
|
650
CALL
Teva Pharmaceuticals
TEVA
$43.5B
| $20.6M | 0.04% |
330,000
+230,000
| +230% | +$13.4M |
|
Similar funds
Israel Englander's Q1 2015 Portfolio in Review
As of Q1 2015, Israel Englander held 4,613 positions worth $53.7B, up 14% from $47.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander deployed $5.19B of net new capital in Q1 2015, opening 744 new positions and adding to 1,445 existing holdings. Its largest new stake was DTE Energy: 3,384,348 shares worth $232M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Pioneer Natural Resource Co., an estimated $231M trimmed.
- Israel Englander's largest Q1 2015 buy was DTE Energy: 3,384,348 shares worth $232M.
- Israel Englander added most to American Electric Power in Q1 2015, an estimated $300M increase.
- Israel Englander's biggest Q1 2015 reduction was Pioneer Natural Resource Co., cutting an estimated $231M.
- Israel Englander fully exited Seadrill Limited Common Stock in Q1 2015, selling an estimated $110M.
- Israel Englander's ten largest holdings make up 11% of its $53.7B portfolio in Q1 2015.
- Israel Englander opened 744 new positions and closed 1,104 in Q1 2015.
- Israel Englander's portfolio value rose 14% quarter-over-quarter to $53.7B.
Based on Millennium Management's 13F filing for Q1 2015, filed 15 May 2015.