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 | |
|---|---|---|---|---|---|---|
|
TVTY
851
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $10.2M | 0.03% |
638,479
+160,954
| +34% | +$2.73M |
|
852
Meritage Homes
MTH
$4.73B
| $10.2M | 0.03% |
574,282
-351,364
| -38% | -$7.05M |
|
|
WBMD
853
DELISTED
WebMD Health Corp.
WBMD
| $10.2M | 0.03% |
243,469
+87,656
| +56% | +$4.23M |
|
|
EXCU
854
DELISTED
Exelon Corporation
EXCU
| $10.2M | 0.03% |
+200,000
| New | +$10.1M |
|
|
NTRI
855
DELISTED
NutriSystem, Inc.
NTRI
| $10.1M | 0.03% |
658,405
+463,658
| +238% | +$7.7M |
|
|
SPLS
856
DELISTED
Staples Inc
SPLS
| $10.1M | 0.03% |
834,063
-471,430
| -36% | -$5.53M |
|
857
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $10.1M | 0.03% |
301,418
+215,046
| +249% | +$7.27M |
|
|
CYNO
858
DELISTED
Cynosure, Inc. Class A
CYNO
| $10M | 0.03% |
478,454
+25,126
| +6% | +$553K |
|
859
Herc Holdings
HRI
$5.28B
| $10M | 0.03% |
131,780
-234,917
| -64% | -$20.1M |
|
860
Raymond James Financial
RJF
$34B
| $10M | 0.03% |
280,823
+105,111
| +60% | +$3.68M |
|
861
Chord Energy
CHRD
$7.91B
| $10M | 0.03% |
239,813
-76,526
| -24% | -$3.81M |
|
|
CLR
862
PUT
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $10M | 0.03% |
+150,700
| New | +$11.2M |
|
|
CDR
863
DELISTED
Cedar Realty Trust, Inc
CDR
| $10M | 0.03% |
256,964
+10,340
| +4% | +$430K |
|
864
General Motors
GM
$76.3B
| $10M | 0.03% |
312,962
-214,268
| -41% | -$7.47M |
|
865
Synopsys
SNPS
$75.5B
| $9.99M | 0.03% |
251,703
-132,641
| -35% | -$5.26M |
|
|
TTPH
866
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $9.98M | 0.03% |
25,020
-5,856
| -19% | -$1.57M |
|
|
ALOG
867
DELISTED
Analogic Corp
ALOG
| $9.97M | 0.03% |
155,943
-55,987
| -26% | -$4.01M |
|
868
Helix Energy Solutions
HLX
$1.47B
| $9.93M | 0.03% |
+450,044
| New | +$11.5M |
|
869
Ligand Pharmaceuticals
LGND
$5.59B
| $9.9M | 0.03% |
337,885
+248,776
| +279% | +$8.26M |
|
|
PSB
870
DELISTED
PS Business Parks, Inc.
PSB
| $9.87M | 0.03% |
129,657
-58,695
| -31% | -$4.78M |
|
871
iShares MSCI Taiwan ETF
EWT
$11.2B
| $9.85M | 0.02% |
+322,578
| New | +$10.4M |
|
|
HK
872
PUT
DELISTED
Halcon Resources Corporation
HK
| $9.85M | 0.02% |
14,428
| – | – |
|
873
Ulta Beauty
ULTA
$23.2B
| $9.82M | 0.02% |
83,124
-402,588
| -83% | -$40M |
|
|
GMCR
874
DELISTED
KEURIG GREEN MTN INC
GMCR
| $9.81M | 0.02% |
75,394
+43,131
| +134% | +$5.39M |
|
875
Tenet Healthcare
THC
$22.4B
| $9.81M | 0.02% |
165,115
-736,237
| -82% | -$41.1M |
|
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.