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 | |
|---|---|---|---|---|---|---|
826
AGNC Investment
AGNC
$13B
| $10.7M | 0.03% |
504,444
+303,072
| +151% | +$6.98M |
|
827
Oneok
OKE
$58.6B
| $10.7M | 0.03% |
163,224
-121,550
| -43% | -$8.15M |
|
828
PUT
CarMax
KMX
$8.91B
| $10.7M | 0.03% |
229,600
+211,300
| +1,155% | +$10.8M |
|
|
VMRK
829
Vivmark Residential
VMRK
$25.5B
| $10.6M | 0.03% |
+172,320
| New | +$11.1M |
|
830
Maximus
MMS
$3.05B
| $10.6M | 0.03% |
264,395
+234,189
| +775% | +$9.69M |
|
831
Booking.com
BKNG
$160B
| $10.6M | 0.03% |
228,525
+19,925
| +10% | +$981K |
|
832
TherapeuticsMD
TXMD
$24M
| $10.6M | 0.03% |
45,620
+4,720
| +12% | +$1.19M |
|
833
Brinker International
EAT
$10.9B
| $10.6M | 0.03% |
208,097
-53,112
| -20% | -$2.55M |
|
834
Westlake Corp
WLK
$9.78B
| $10.6M | 0.03% |
122,042
+63,349
| +108% | +$5.73M |
|
835
Chubb
CB
$133B
| $10.6M | 0.03% |
100,726
-30,056
| -23% | -$3.13M |
|
|
MDCO
836
DELISTED
Medicines Co
MDCO
| $10.6M | 0.03% |
472,802
+284,844
| +152% | +$7.23M |
|
837
Bankunited
BKU
$3.3B
| $10.5M | 0.03% |
345,674
+281,844
| +442% | +$8.97M |
|
|
TVPT
838
DELISTED
Travelport Worldwide Limited
TVPT
| $10.5M | 0.03% |
+639,951
| New | +$10.5M |
|
|
CTT
839
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $10.5M | 0.03% |
+957,345
| New | +$11.5M |
|
|
TUP
840
DELISTED
Tupperware Brands Corporation
TUP
| $10.4M | 0.03% |
151,339
+86,970
| +135% | +$6.61M |
|
841
CALL
Coca-Cola
KO
$396B
| $10.4M | 0.03% |
244,600
+100,000
| +69% | +$4.13M |
|
842
EnerSys
ENS
$6.76B
| $10.4M | 0.03% |
177,589
+65,453
| +58% | +$4.19M |
|
843
Designer Brands
DBI
$297M
| $10.4M | 0.03% |
345,322
-363,967
| -51% | -$10.4M |
|
844
Gerdau
GGB
$8.5B
| $10.4M | 0.03% |
2,728,493
+1,922,447
| +239% | +$8.8M |
|
845
Teradyne
TER
$57B
| $10.4M | 0.03% |
535,879
+349,652
| +188% | +$6.87M |
|
846
Quanta Services
PWR
$92.7B
| $10.3M | 0.03% |
284,637
-334,210
| -54% | -$11.9M |
|
|
INN
847
Summit Hotel Properties
INN
$662M
| $10.3M | 0.03% |
954,681
-136,739
| -13% | -$1.47M |
|
848
EPR Properties
EPR
$4.64B
| $10.3M | 0.03% |
203,016
-39,724
| -16% | -$2.2M |
|
|
RPAI
849
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $10.3M | 0.03% |
703,200
-893,389
| -56% | -$13.8M |
|
850
Camden Property Trust
CPT
$11B
| $10.3M | 0.03% |
149,838
-133,115
| -47% | -$9.64M |
|
Similar funds
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.