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 | |
|---|---|---|---|---|---|---|
1351
Southwest Gas
SWX
$6.45B
| $3.83M | 0.01% |
+71,674
| New | +$3.85M |
|
|
AXON
1352
Axon Enterprise
AXON
$49.8B
| $3.82M | 0.01% |
208,920
-271,963
| -57% | -$4.86M |
|
1353
Ultragenyx Pharmaceutical
RARE
$2.61B
| $3.82M | 0.01% |
+78,131
| New | +$4.02M |
|
|
INSY
1354
DELISTED
Insys Therapeutics, Inc.
INSY
| $3.82M | 0.01% |
184,358
+145,610
| +376% | +$2.89M |
|
1355
Vail Resorts
MTN
$5.27B
| $3.8M | 0.01% |
54,532
+33,723
| +162% | +$2.39M |
|
1356
Kosmos Energy
KOS
$1.63B
| $3.8M | 0.01% |
345,479
-1,187,789
| -77% | -$12.7M |
|
1357
SLR Investment Corp
SLRC
$687M
| $3.79M | 0.01% |
174,188
+96,436
| +124% | +$2.15M |
|
1358
CALL
Williams Companies
WMB
$86.9B
| $3.78M | 0.01% |
93,200
+87,500
| +1,535% | +$3.54M |
|
|
RTI
1359
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $3.77M | 0.01% |
135,881
+75,431
| +125% | +$2.24M |
|
1360
CALL
Altria Group
MO
$114B
| $3.77M | 0.01% |
+100,600
| New | +$3.66M |
|
1361
East-West Bancorp
EWBC
$17.7B
| $3.76M | 0.01% |
103,126
+21,872
| +27% | +$770K |
|
1362
Lattice Semiconductor
LSCC
$16.5B
| $3.75M | 0.01% |
478,857
+100,781
| +27% | +$688K |
|
1363
Assurant
AIZ
$14.1B
| $3.74M | 0.01% |
+57,616
| New | +$3.78M |
|
1364
Beazer Homes USA
BZH
$885M
| $3.74M | 0.01% |
186,380
+129,243
| +226% | +$2.82M |
|
1365
CALL
Dominion Energy
D
$58.9B
| $3.74M | 0.01% |
52,700
-22,300
| -30% | -$1.52M |
|
|
ISIL
1366
DELISTED
Intersil Corp
ISIL
| $3.73M | 0.01% |
289,041
+5,722
| +2% | +$68.3K |
|
1367
Crocs
CROX
$5.89B
| $3.73M | 0.01% |
238,902
-620,142
| -72% | -$9.49M |
|
1368
H.B. Fuller
FUL
$3.07B
| $3.72M | 0.01% |
77,097
+70,313
| +1,036% | +$3.4M |
|
1369
Red Robin
RRGB
$183M
| $3.72M | 0.01% |
51,921
-6,101
| -11% | -$429K |
|
1370
Penske Automotive Group
PAG
$14.4B
| $3.72M | 0.01% |
86,962
+79,176
| +1,017% | +$3.44M |
|
1371
First American
FAF
$7.48B
| $3.71M | 0.01% |
139,821
+64,540
| +86% | +$1.71M |
|
|
CRAY
1372
DELISTED
Cray, Inc.
CRAY
| $3.71M | 0.01% |
+99,461
| New | +$3.36M |
|
|
MOVE
1373
DELISTED
MOVE INC COM STK NEW (DE)
MOVE
| $3.71M | 0.01% |
320,662
+189,429
| +144% | +$2.56M |
|
1374
Wendy's
WEN
$1.74B
| $3.71M | 0.01% |
+406,248
| New | +$3.72M |
|
1375
SITE Centers
SITC
$156M
| $3.7M | 0.01% |
174,349
+138,333
| +384% | +$2.85M |
|
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.