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 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$294M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$293M |
| 3 |
WLL
Whiting Petroleum Corporation
WLL
|
+$213M |
| 4 |
Xcel Energy
XEL
|
+$178M |
| 5 |
McDonald's
MCD
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BHI
Baker Hughes
BHI
|
+$255M |
| 2 |
Exelon
EXC
|
+$209M |
| 3 |
AbbVie
ABBV
|
+$199M |
| 4 |
CenterPoint Energy
CNP
|
+$130M |
| 5 |
American Electric Power
AEP
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.56% |
| 2 | Energy | 13.05% |
| 3 | Financials | 9.97% |
| 4 | Industrials | 8.17% |
| 5 | Consumer Discretionary | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Blackbaud
BLKB
$2.18B
| $11M | 0.02% |
254,140
+213,157
| +520% | +$8.99M |
|
927
Goodyear
GT
$1.73B
| $11M | 0.02% |
384,231
+174,518
| +83% | +$4.32M |
|
928
M/I Homes
MHO
$3.84B
| $10.9M | 0.02% |
476,880
+200,767
| +73% | +$4.37M |
|
929
Synopsys
SNPS
$75.5B
| $10.9M | 0.02% |
251,820
+117
| +0% | +$4.86K |
|
930
Timken Company
TKR
$8.5B
| $10.9M | 0.02% |
256,388
+33,273
| +15% | +$1.4M |
|
931
Packaging Corp of America
PKG
$22.2B
| $10.9M | 0.02% |
139,917
-457,229
| -77% | -$32.8M |
|
|
ICPT
932
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $10.9M | 0.02% |
70,000
-10,000
| -13% | -$1.85M |
|
933
NCR Voyix
VYX
$1.1B
| $10.9M | 0.02% |
609,837
+149,256
| +32% | +$2.62M |
|
|
ENV
934
DELISTED
ENVESTNET, INC.
ENV
| $10.9M | 0.02% |
221,605
+172,767
| +354% | +$8.12M |
|
935
Donaldson
DCI
$10.7B
| $10.9M | 0.02% |
281,194
+75,057
| +36% | +$2.98M |
|
936
Eaton
ETN
$159B
| $10.8M | 0.02% |
159,175
+12,784
| +9% | +$843K |
|
937
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $10.8M | 0.02% |
497,399
-371,987
| -43% | -$7.79M |
|
938
Korn Ferry
KFY
$4.35B
| $10.8M | 0.02% |
375,215
+79,159
| +27% | +$2.15M |
|
939
Genesco
GCO
$390M
| $10.8M | 0.02% |
+140,618
| New | +$10.7M |
|
940
Stewart Information Services
STC
$2.13B
| $10.8M | 0.02% |
290,825
+93,393
| +47% | +$3.16M |
|
941
Target
TGT
$77.2B
| $10.8M | 0.02% |
141,807
+133,907
| +1,695% | +$9.04M |
|
942
HSBC
HSBC
$357B
| $10.8M | 0.02% |
264,302
+213,512
| +420% | +$9.11M |
|
|
CAA
943
DELISTED
CalAtlantic Group, Inc.
CAA
| $10.7M | 0.02% |
+294,880
| New | +$10.9M |
|
|
MR
944
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
| $10.7M | 0.02% |
406,872
+367,871
| +943% | +$10.8M |
|
|
BMR
945
DELISTED
BIOMED REALTY TRUST INC
BMR
| $10.7M | 0.02% |
498,568
-203,394
| -29% | -$4.33M |
|
946
Green Plains
GPRE
$1.05B
| $10.7M | 0.02% |
432,962
-3,279
| -0.8% | -$98.3K |
|
|
IPHS
947
DELISTED
Innophos Holdings, Inc.
IPHS
| $10.7M | 0.02% |
183,283
+122,434
| +201% | +$6.87M |
|
948
Labcorp
LH
$27.5B
| $10.7M | 0.02% |
115,472
-126,593
| -52% | -$11.2M |
|
949
Herbalife
HLF
$1.32B
| $10.7M | 0.02% |
567,620
+295,782
| +109% | +$6.33M |
|
|
OTIC
950
DELISTED
Otonomy, Inc.
OTIC
| $10.7M | 0.02% |
320,915
+285,792
| +814% | +$7.66M |
|
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Israel Englander's Q4 2014 Portfolio in Review
As of Q4 2014, Israel Englander held 4,655 positions worth $47.2B, up 19% from $39.5B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Israel Englander deployed $7.43B of net new capital in Q4 2014, opening 1,009 new positions and adding to 1,528 existing holdings. Its largest new stake was Coca-Cola: 2,223,712 shares worth $93.9M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 13% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Baker Hughes, an estimated $255M trimmed.
- Israel Englander's largest Q4 2014 buy was Coca-Cola: 2,223,712 shares worth $93.9M.
- Israel Englander added most to CAMERON INTERNATIONAL CORPORATION in Q4 2014, an estimated $294M increase.
- Israel Englander's biggest Q4 2014 reduction was Baker Hughes, cutting an estimated $255M.
- Israel Englander fully exited COVIDIEN PLC COM SHS NEW (IRELAND) in Q4 2014, selling an estimated $69M.
- Israel Englander's ten largest holdings make up 9.1% of its $47.2B portfolio in Q4 2014.
- Israel Englander opened 1,009 new positions and closed 792 in Q4 2014.
- Israel Englander's portfolio value rose 19% quarter-over-quarter to $47.2B.
Based on Millennium Management's 13F filing for Q4 2014, filed 17 Feb 2015.