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 | |
|---|---|---|---|---|---|---|
1076
CALL
Starbucks
SBUX
$123B
| $6.96M | 0.02% |
184,400
-3,800
| -2% | -$147K |
|
1077
CALL
iShares US Real Estate ETF
IYR
$4.67B
| $6.92M | 0.02% |
+100,000
| New | +$7.24M |
|
1078
Assurant
AIZ
$14.2B
| $6.9M | 0.02% |
107,256
-120,188
| -53% | -$7.86M |
|
1079
Kratos Defense & Security Solutions
KTOS
$9.96B
| $6.88M | 0.02% |
1,048,044
+246,570
| +31% | +$1.83M |
|
1080
VF Corp
VFC
$5.63B
| $6.87M | 0.02% |
110,499
+23,027
| +26% | +$1.38M |
|
1081
Walt Disney
DIS
$191B
| $6.86M | 0.02% |
77,042
-235,833
| -75% | -$20.8M |
|
|
FRGI
1082
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $6.85M | 0.02% |
137,953
+134,926
| +4,457% | +$6.41M |
|
|
CHU
1083
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $6.84M | 0.02% |
455,376
+377,143
| +482% | +$6.3M |
|
1084
CALL
Booking.com
BKNG
$160B
| $6.84M | 0.02% |
147,500
+10,000
| +7% | +$492K |
|
|
SFLY
1085
DELISTED
Shutterfly, Inc.
SFLY
| $6.81M | 0.02% |
+139,747
| New | +$6.82M |
|
|
GLOP
1086
DELISTED
GASLOG PARTNERS LP
GLOP
| $6.78M | 0.02% |
220,732
+121,035
| +121% | +$3.95M |
|
1087
Louisiana-Pacific
LPX
$5.08B
| $6.77M | 0.02% |
497,942
+467,528
| +1,537% | +$6.61M |
|
1088
Prospect Capital
PSEC
$1.16B
| $6.76M | 0.02% |
682,997
+298,556
| +78% | +$3.15M |
|
1089
Royal Caribbean
RCL
$78.4B
| $6.76M | 0.02% |
+100,444
| New | +$6.23M |
|
|
WCC
1090
WESCO International
WCC
$16.4B
| $6.76M | 0.02% |
86,332
-52,455
| -38% | -$4.34M |
|
1091
Pembina Pipeline
PBA
$28.3B
| $6.75M | 0.02% |
160,193
+112,085
| +233% | +$4.94M |
|
|
FCH
1092
DELISTED
Felcor Lodging Trust
FCH
| $6.75M | 0.02% |
721,107
+570,079
| +377% | +$5.81M |
|
|
1093
PUT
Starbucks
SBUX
$123B
| $6.73M | 0.02% |
178,400
-5,800
| -3% | -$224K |
|
|
TEG
1094
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $6.72M | 0.02% |
103,719
+42,222
| +69% | +$2.84M |
|
1095
Fastenal
FAST
$58.8B
| $6.71M | 0.02% |
+597,944
| New | +$6.84M |
|
|
ILG
1096
DELISTED
ILG, Inc Common Stock
ILG
| $6.71M | 0.02% |
352,355
+79,766
| +29% | +$1.69M |
|
|
HSP
1097
DELISTED
HOSPIRA INC
HSP
| $6.71M | 0.02% |
+128,989
| New | +$6.85M |
|
|
BDN
1098
Brandywine Realty Trust
BDN
$548M
| $6.68M | 0.02% |
475,105
-155,285
| -25% | -$2.41M |
|
|
CQH
1099
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $6.67M | 0.02% |
272,807
-100,867
| -27% | -$2.48M |
|
1100
Enterprise Products Partners
EPD
$82.8B
| $6.65M | 0.02% |
165,000
+90,000
| +120% | +$3.53M |
|
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.