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 |
Devon Energy
DVN
|
+$196M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Edison International
EIX
|
+$152M |
| 4 |
PPL
PPL Corp
PPL
|
+$122M |
| 5 |
Estee Lauder
EL
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ameren
AEE
|
+$140M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$136M |
| 3 |
ANDV
Andeavor
ANDV
|
+$111M |
| 4 |
LyondellBasell Industries
LYB
|
+$105M |
| 5 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.77% |
| 2 | Energy | 13.48% |
| 3 | Utilities | 8.99% |
| 4 | Financials | 8.47% |
| 5 | Consumer Discretionary | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Lincoln National
LNC
$8.11B
| $9.68M | 0.03% |
191,066
-177,983
| -48% | -$8.95M |
|
827
CALL
Ovintiv
OVV
$18.2B
| $9.67M | 0.03% |
+90,460
| New | +$8.57M |
|
828
PUT
Best Buy
BBY
$18.4B
| $9.67M | 0.03% |
366,100
+325,900
| +811% | +$8.93M |
|
829
Boston Scientific
BSX
$71B
| $9.66M | 0.03% |
714,862
-1,081,366
| -60% | -$14.2M |
|
830
CSX Corp
CSX
$95.3B
| $9.66M | 0.03% |
1,000,725
-1,659,480
| -62% | -$15.4M |
|
|
DCT
831
DELISTED
DCT Industrial Trust Inc.
DCT
| $9.66M | 0.03% |
306,556
+22,202
| +8% | +$667K |
|
|
PLCM
832
DELISTED
POLYCOM INC
PLCM
| $9.66M | 0.03% |
704,206
+256,618
| +57% | +$3.22M |
|
|
ARTC
833
DELISTED
ARTHROCARE CORP
ARTC
| $9.64M | 0.03% |
199,958
-35,225
| -15% | -$1.67M |
|
834
MDU Resources
MDU
$4.2B
| $9.63M | 0.03% |
737,793
-701,506
| -49% | -$8.71M |
|
|
BKS
835
DELISTED
Barnes & Noble
BKS
| $9.62M | 0.03% |
702,517
+658,500
| +1,496% | +$7.54M |
|
836
CALL
JB Hunt Transport Services
JBHT
$24.4B
| $9.62M | 0.03% |
+133,700
| New | +$9.87M |
|
|
BBT
837
Beacon Financial Corp
BBT
$2.65B
| $9.59M | 0.03% |
370,592
+188,755
| +104% | +$4.83M |
|
|
RXDX
838
DELISTED
Ignyta, Inc.
RXDX
| $9.59M | 0.03% |
+1,155,526
| New | +$10.8M |
|
839
PTC
PTC
$16.7B
| $9.53M | 0.03% |
268,981
+213,951
| +389% | +$7.86M |
|
|
AGN
840
CALL
DELISTED
Allergan plc
AGN
| $9.49M | 0.03% |
46,100
-94,900
| -67% | -$18.8M |
|
841
Federated Hermes
FHI
$4.83B
| $9.47M | 0.03% |
310,059
+141,559
| +84% | +$3.97M |
|
|
BBL
842
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $9.46M | 0.03% |
153,134
+114,489
| +296% | +$6.96M |
|
843
Hartford Financial Services
HIG
$37.6B
| $9.44M | 0.03% |
267,563
+159,297
| +147% | +$5.54M |
|
844
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $9.35M | 0.03% |
227,900
-22,100
| -9% | -$867K |
|
|
BECN
845
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.33M | 0.03% |
241,415
-61,822
| -20% | -$2.39M |
|
|
CYN
846
DELISTED
CITY NATIONAL CORPORATION
CYN
| $9.29M | 0.03% |
118,060
-174,477
| -60% | -$13.1M |
|
|
B
847
PUT
Barrick Mining
B
$79.3B
| $9.28M | 0.03% |
520,300
-1,064,000
| -67% | -$20.6M |
|
848
SunCoke Energy
SXC
$816M
| $9.26M | 0.03% |
405,481
+228,528
| +129% | +$5.03M |
|
849
CALL
Insmed
INSM
$27.1B
| $9.25M | 0.03% |
+485,600
| New | +$9.23M |
|
850
PUT
Delta Air Lines
DAL
$54.2B
| $9.21M | 0.03% |
265,900
+120,600
| +83% | +$3.88M |
|
Similar funds
Israel Englander's Q1 2014 Portfolio in Review
As of Q1 2014, Israel Englander held 4,356 positions worth $34.5B, up 8.9% from $31.7B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Israel Englander deployed $1.49B of net new capital in Q1 2014, opening 945 new positions and adding to 1,266 existing holdings. Its largest new stake was Bausch Health: 575,504 shares worth $75.9M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Energy and Utilities.
On the sell side, the largest reduction was Ameren, an estimated $140M trimmed.
- Israel Englander's largest Q1 2014 buy was Bausch Health: 575,504 shares worth $75.9M.
- Israel Englander added most to Devon Energy in Q1 2014, an estimated $196M increase.
- Israel Englander's biggest Q1 2014 reduction was Ameren, cutting an estimated $140M.
- Israel Englander fully exited PepsiCo in Q1 2014, selling an estimated $89.1M.
- Israel Englander's ten largest holdings make up 7.9% of its $34.5B portfolio in Q1 2014.
- Israel Englander opened 945 new positions and closed 958 in Q1 2014.
- Israel Englander's portfolio value rose 8.9% quarter-over-quarter to $34.5B.
Based on Millennium Management's 13F filing for Q1 2014, filed 15 May 2014.