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 | |
|---|---|---|---|---|---|---|
101
BioMarin Pharmaceuticals
BMRN
$12.9B
| $82.8M | 0.18% |
916,432
+229,533
| +33% | +$19.1M |
|
|
XL
102
DELISTED
XL Group Ltd.
XL
| $82M | 0.17% |
2,386,351
+129,853
| +6% | +$4.43M |
|
|
MNK
103
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $82M | 0.17% |
827,582
-431,180
| -34% | -$39.6M |
|
104
Quest Diagnostics
DGX
$27B
| $81.9M | 0.17% |
1,220,779
+1,210,779
| +12,108% | +$76.4M |
|
105
Universal Health Services
UHS
$10.4B
| $81.8M | 0.17% |
735,191
+368,874
| +101% | +$38.7M |
|
106
Capital One
COF
$134B
| $81.2M | 0.17% |
983,974
+311,105
| +46% | +$25.3M |
|
|
NFX
107
DELISTED
Newfield Exploration
NFX
| $81.2M | 0.17% |
2,993,200
+785,683
| +36% | +$23.3M |
|
108
Equinor
EQNR
$102B
| $81.1M | 0.17% |
4,605,616
+3,701,581
| +409% | +$78.9M |
|
109
Bread Financial
BFH
$4.07B
| $80.8M | 0.17% |
353,756
+46,365
| +15% | +$10.1M |
|
110
Molson Coors Class B
TAP
$8.01B
| $80.4M | 0.17% |
1,079,381
+535,422
| +98% | +$39.7M |
|
111
Intercontinental Exchange
ICE
$90.5B
| $80.3M | 0.17% |
1,832,000
+1,114,295
| +155% | +$47.7M |
|
|
SWN
112
DELISTED
Southwestern Energy Company
SWN
| $79.4M | 0.17% |
2,908,529
+735,594
| +34% | +$23.6M |
|
113
Elevance Health
ELV
$86.9B
| $79M | 0.17% |
628,412
+495,772
| +374% | +$61.3M |
|
|
CBST
114
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $78.9M | 0.17% |
783,465
+748,835
| +2,162% | +$58.2M |
|
|
LQ
115
DELISTED
La Quinta Holdings Inc.
LQ
| $78.3M | 0.17% |
3,548,847
+2,697,349
| +317% | +$55.4M |
|
|
LVLT
116
DELISTED
Level 3 Communications Inc
LVLT
| $78M | 0.17% |
1,579,877
-95,174
| -6% | -$4.4M |
|
117
Nabors Industries
NBR
$1.37B
| $77.4M | 0.16% |
119,185
+51,892
| +77% | +$41.1M |
|
|
MRO
118
DELISTED
Marathon Oil Corporation
MRO
| $77M | 0.16% |
2,720,083
-2,109,562
| -44% | -$67.1M |
|
|
ETP
119
CALL
DELISTED
Energy Transfer Partners L.p.
ETP
| $76.9M | 0.16% |
1,182,700
+296,200
| +33% | +$18.9M |
|
120
Cooper Companies
COO
$14.9B
| $76.3M | 0.16% |
1,883,516
-812,020
| -30% | -$32.6M |
|
121
FedEx
FDX
$76.9B
| $76.2M | 0.16% |
438,524
+261,604
| +148% | +$44.2M |
|
122
AstraZeneca
AZN
$257B
| $75.9M | 0.16% |
1,079,044
+904,479
| +518% | +$64.8M |
|
|
DFS
123
DELISTED
Discover Financial Services
DFS
| $75.4M | 0.16% |
+1,150,908
| New | +$73.9M |
|
124
Huntsman Corp
HUN
$1.75B
| $75M | 0.16% |
3,290,735
+2,089,564
| +174% | +$50.7M |
|
|
125
AbbVie
ABBV
$468B
| $74.4M | 0.16% |
1,136,768
-3,155,201
| -74% | -$199M |
|
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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.