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 |
Devon Energy
DVN
|
+$196M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Edison International
EIX
|
+$152M |
| 4 |
PPL
PPL Corp
PPL
|
+$122M |
| 5 |
Estee Lauder
EL
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ameren
AEE
|
+$140M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$136M |
| 3 |
ANDV
Andeavor
ANDV
|
+$111M |
| 4 |
LyondellBasell Industries
LYB
|
+$105M |
| 5 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.77% |
| 2 | Energy | 13.48% |
| 3 | Utilities | 8.99% |
| 4 | Financials | 8.47% |
| 5 | Consumer Discretionary | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1176
Tenaris
TS
$27B
| $5.34M | 0.02% |
120,726
+2,804
| +2% | +$122K |
|
|
MDR
1177
DELISTED
McDermott International
MDR
| $5.26M | 0.02% |
224,437
-57,186
| -20% | -$1.44M |
|
|
DD
1178
DELISTED
Du Pont De Nemours E I
DD
| $5.26M | 0.02% |
82,520
+58,623
| +245% | +$3.59M |
|
1179
Cummins
CMI
$78.7B
| $5.25M | 0.02% |
+35,246
| New | +$4.9M |
|
|
SCHW
1180
Charles Schwab
SCHW
$197B
| $5.25M | 0.02% |
192,084
-1,205,445
| -86% | -$31.5M |
|
1181
Kite Realty
KRG
$5.26B
| $5.24M | 0.02% |
218,422
+173,900
| +391% | +$4.33M |
|
1182
Tapestry
TPR
$26.4B
| $5.24M | 0.02% |
105,472
-249,037
| -70% | -$12.4M |
|
1183
CALL
Kohl's
KSS
$2.08B
| $5.23M | 0.02% |
92,000
-20,800
| -18% | -$1.11M |
|
1184
Pultegroup
PHM
$24.7B
| $5.22M | 0.02% |
271,807
-372,415
| -58% | -$7.35M |
|
|
HOUS
1185
DELISTED
Anywhere Real Estate
HOUS
| $5.2M | 0.02% |
119,744
+103,244
| +626% | +$4.81M |
|
1186
Gen Digital
GEN
$17.4B
| $5.2M | 0.02% |
260,199
-440,296
| -63% | -$9.42M |
|
1187
CALL
Lamar Advertising Co
LAMR
$15.5B
| $5.18M | 0.02% |
101,600
-2,000
| -2% | -$102K |
|
1188
PUT
MGM Resorts International
MGM
$11B
| $5.17M | 0.02% |
200,000
+31,600
| +19% | +$814K |
|
1189
Saia
SAIA
$9.32B
| $5.14M | 0.01% |
134,610
+36,805
| +38% | +$1.27M |
|
|
LNKD
1190
PUT
DELISTED
LinkedIn Corporation
LNKD
| $5.14M | 0.01% |
27,800
+25,600
| +1,164% | +$5.25M |
|
1191
CALL
American Electric Power
AEP
$66.4B
| $5.14M | 0.01% |
+101,400
| New | +$4.93M |
|
|
RTN
1192
DELISTED
Raytheon Company
RTN
| $5.13M | 0.01% |
+51,936
| New | +$4.93M |
|
1193
Kirby Corp
KEX
$7.32B
| $5.12M | 0.01% |
+50,606
| New | +$5.1M |
|
|
RDC
1194
CALL
DELISTED
Rowan Companies Plc
RDC
| $5.12M | 0.01% |
+152,000
| New | +$4.97M |
|
1195
CALL
Cleveland-Cliffs
CLF
$6.45B
| $5.12M | 0.01% |
250,000
+23,200
| +10% | +$480K |
|
1196
Dr. Reddy's Laboratories
RDY
$10.2B
| $5.11M | 0.01% |
582,470
+463,690
| +390% | +$4.03M |
|
|
BBBY
1197
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $5.11M | 0.01% |
74,200
-60,800
| -45% | -$4.12M |
|
1198
Consumer Portfolio Services
CPSS
$197M
| $5.09M | 0.01% |
743,783
+2,613
| +0.4% | +$21.2K |
|
1199
CALL
Darden Restaurants
DRI
$25.6B
| $5.08M | 0.01% |
+111,869
| New | +$5M |
|
1200
PUT
Ovintiv
OVV
$18.2B
| $5.07M | 0.01% |
47,440
+25,320
| +114% | +$2.4M |
|
Similar funds
Israel Englander's Q1 2014 Portfolio in Review
As of Q1 2014, Israel Englander held 4,356 positions worth $34.5B, up 8.9% from $31.7B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Israel Englander deployed $1.49B of net new capital in Q1 2014, opening 945 new positions and adding to 1,266 existing holdings. Its largest new stake was Bausch Health: 575,504 shares worth $75.9M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 12% a quarter earlier, followed by Energy and Utilities.
On the sell side, the largest reduction was Ameren, an estimated $140M trimmed.
- Israel Englander's largest Q1 2014 buy was Bausch Health: 575,504 shares worth $75.9M.
- Israel Englander added most to Devon Energy in Q1 2014, an estimated $196M increase.
- Israel Englander's biggest Q1 2014 reduction was Ameren, cutting an estimated $140M.
- Israel Englander fully exited PepsiCo in Q1 2014, selling an estimated $89.1M.
- Israel Englander's ten largest holdings make up 7.9% of its $34.5B portfolio in Q1 2014.
- Israel Englander opened 945 new positions and closed 958 in Q1 2014.
- Israel Englander's portfolio value rose 8.9% quarter-over-quarter to $34.5B.
Based on Millennium Management's 13F filing for Q1 2014, filed 15 May 2014.