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 | |
|---|---|---|---|---|---|---|
1051
Urban Outfitters
URBN
$6.51B
| $7.31M | 0.02% |
199,133
+79,158
| +66% | +$2.91M |
|
1052
Cabot Corp
CBT
$4.33B
| $7.3M | 0.02% |
143,776
+4,352
| +3% | +$239K |
|
1053
Diamondrock Hospitality Co
DRH
$2.61B
| $7.3M | 0.02% |
575,399
+401,350
| +231% | +$5.2M |
|
|
RNA
1054
DELISTED
PROSENSA HLDGS N V ORD SHS (NLD)
RNA
| $7.29M | 0.02% |
864,896
-22,657
| -3% | -$215K |
|
1055
Broadridge
BR
$21.1B
| $7.29M | 0.02% |
175,047
+126,162
| +258% | +$5.24M |
|
1056
Oceaneering
OII
$5.02B
| $7.28M | 0.02% |
111,747
+107,247
| +2,383% | +$7.41M |
|
1057
Synaptics
SYNA
$3.66B
| $7.27M | 0.02% |
99,289
+3,696
| +4% | +$301K |
|
|
APOL
1058
DELISTED
Apollo Education Group Inc Class A
APOL
| $7.27M | 0.02% |
+289,001
| New | +$8.04M |
|
1059
CALL
Yum! Brands
YUM
$42.9B
| $7.22M | 0.02% |
139,517
+123,103
| +750% | +$6.55M |
|
1060
AutoNation
AN
$6.45B
| $7.22M | 0.02% |
143,495
-143,339
| -50% | -$7.85M |
|
1061
Oil States International
OIS
$501M
| $7.15M | 0.02% |
115,516
-146,190
| -56% | -$9.17M |
|
|
SEM
1062
DELISTED
Select Medical
SEM
| $7.15M | 0.02% |
1,102,993
+487,304
| +79% | +$3.76M |
|
|
AAT
1063
American Assets Trust
AAT
$1.41B
| $7.11M | 0.02% |
215,769
+119,083
| +123% | +$4.13M |
|
|
VAR
1064
CALL
DELISTED
Varian Medical Systems, Inc.
VAR
| $7.11M | 0.02% |
+101,152
| New | +$7.45M |
|
|
TIBX
1065
DELISTED
TIBCO SOFTWARE INC
TIBX
| $7.09M | 0.02% |
300,103
-648,722
| -68% | -$13.3M |
|
|
CKEC
1066
DELISTED
Carmike Cinemas Inc
CKEC
| $7.08M | 0.02% |
228,606
+44,808
| +24% | +$1.48M |
|
|
EMES
1067
PUT
DELISTED
Emerge Energy Services LP
EMES
| $7.08M | 0.02% |
61,400
| – | – |
|
1068
Jazz Pharmaceuticals
JAZZ
$16.5B
| $7.08M | 0.02% |
44,083
+31,518
| +251% | +$4.85M |
|
1069
CALL
Constellation Brands
STZ
$23.5B
| $7.08M | 0.02% |
81,200
-96,500
| -54% | -$8.39M |
|
1070
Sanmina
SANM
$9.94B
| $7.05M | 0.02% |
+338,186
| New | +$7.87M |
|
1071
Alto Ingredients
ALTO
$325M
| $6.98M | 0.02% |
+499,832
| New | +$9.4M |
|
1072
CALL
SPDR Gold Trust
GLD
$155B
| $6.97M | 0.02% |
60,000
+20,000
| +50% | +$2.47M |
|
|
STKL
1073
DELISTED
SunOpta
STKL
| $6.97M | 0.02% |
577,616
+232,015
| +67% | +$3.06M |
|
1074
Fossil Group
FOSL
$329M
| $6.97M | 0.02% |
74,226
-383
| -0.5% | -$38.6K |
|
1075
MetLife
MET
$61.1B
| $6.96M | 0.02% |
145,317
-259,891
| -64% | -$12.6M |
|
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.