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 | |
|---|---|---|---|---|---|---|
|
EGOV
1376
DELISTED
NIC Inc
EGOV
| $4.36M | 0.01% |
253,185
+36,731
| +17% | +$648K |
|
|
FDO
1377
CALL
DELISTED
FAMILY DOLLAR STORES
FDO
| $4.36M | 0.01% |
56,400
+18,100
| +47% | +$1.33M |
|
1378
W&T Offshore
WTI
$574M
| $4.35M | 0.01% |
395,760
-1,249,983
| -76% | -$17.5M |
|
1379
Progress Software
PRGS
$1.78B
| $4.34M | 0.01% |
181,666
+88,316
| +95% | +$2.07M |
|
1380
Knowles
KN
$2.78B
| $4.34M | 0.01% |
+163,689
| New | +$5M |
|
|
CNL
1381
CALL
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $4.33M | 0.01% |
+90,000
| New | +$4.99M |
|
|
DCH
1382
Dauch Corp
DCH
$1.53B
| $4.33M | 0.01% |
257,997
-412,432
| -62% | -$7.58M |
|
1383
ProShares Ultra S&P500
SSO
$8.36B
| $4.32M | 0.01% |
+587,808
| New | +$4.33M |
|
|
AOL
1384
DELISTED
AOL INC COMMON STOCK
AOL
| $4.3M | 0.01% |
95,781
-260,793
| -73% | -$10.9M |
|
|
QIWI
1385
DELISTED
QIWI PLC
QIWI
| $4.28M | 0.01% |
135,458
-1,735
| -1% | -$64.9K |
|
1386
ICU Medical
ICUI
$4.57B
| $4.27M | 0.01% |
66,534
+23,650
| +55% | +$1.45M |
|
|
SWI
1387
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $4.25M | 0.01% |
+101,133
| New | +$4.2M |
|
|
AVTA
1388
DELISTED
Avantax, Inc. Common Stock
AVTA
| $4.25M | 0.01% |
278,789
+140,618
| +102% | +$2.32M |
|
1389
CALL
Ovintiv
OVV
$18.2B
| $4.24M | 0.01% |
40,000
+18,200
| +83% | +$2M |
|
|
S
1390
DELISTED
Sprint Corporation
S
| $4.23M | 0.01% |
667,630
-511,832
| -43% | -$3.48M |
|
1391
Insight Enterprises
NSIT
$4.26B
| $4.23M | 0.01% |
+186,963
| New | +$4.98M |
|
|
MFRM
1392
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $4.23M | 0.01% |
+70,367
| New | +$3.81M |
|
1393
CALL
Celanese
CE
$4.97B
| $4.21M | 0.01% |
72,000
+1,000
| +1% | +$61.6K |
|
|
CELG
1394
DELISTED
Celgene Corp
CELG
| $4.2M | 0.01% |
44,310
-501,777
| -92% | -$45.3M |
|
1395
MACOM Technology Solutions
MTSI
$19.7B
| $4.19M | 0.01% |
+192,017
| New | +$4.27M |
|
|
NE
1396
PUT
DELISTED
Noble Corporation
NE
| $4.19M | 0.01% |
+188,700
| New | +$5.09M |
|
1397
Harmony Gold Mining
HMY
$14.3B
| $4.19M | 0.01% |
1,938,150
+1,170,817
| +153% | +$3.42M |
|
|
HZNP
1398
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $4.18M | 0.01% |
340,825
-343,594
| -50% | -$3.99M |
|
|
SCG
1399
DELISTED
Scana
SCG
| $4.18M | 0.01% |
+84,341
| New | +$4.32M |
|
1400
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $4.17M | 0.01% |
34,374
+31
| +0.1% | +$3.77K |
|
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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.