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 | |
|---|---|---|---|---|---|---|
|
GES
1401
DELISTED
Guess Inc
GES
| $3.58M | 0.01% |
129,788
+97,994
| +308% | +$2.84M |
|
1402
PUT
Achieve Life Sciences
ACHV
$841M
| $3.53M | 0.01% |
+136
| New | +$3.34M |
|
1403
Mercado Libre
MELI
$101B
| $3.53M | 0.01% |
37,071
+17,266
| +87% | +$1.68M |
|
|
COBZ
1404
DELISTED
CoBiz Financial,Inc
COBZ
| $3.52M | 0.01% |
305,574
+224,537
| +277% | +$2.54M |
|
1405
Puma Biotechnology
PBYI
$481M
| $3.51M | 0.01% |
33,747
+33,647
| +33,647% | +$3.95M |
|
|
LLTC
1406
DELISTED
Linear Technology Corp
LLTC
| $3.5M | 0.01% |
+71,801
| New | +$3.31M |
|
|
TPC
1407
Tutor Perini Cor
TPC
$4.59B
| $3.49M | 0.01% |
+121,579
| New | +$3.09M |
|
1408
Applied Materials
AMAT
$381B
| $3.48M | 0.01% |
170,720
-847,332
| -83% | -$15.6M |
|
1409
PUT
Jabil
JBL
$32.3B
| $3.48M | 0.01% |
+193,400
| New | +$3.48M |
|
|
WFT
1410
CALL
DELISTED
Weatherford International plc
WFT
| $3.48M | 0.01% |
200,500
-604,100
| -75% | -$9.26M |
|
|
RKT
1411
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $3.48M | 0.01% |
65,854
-7,580
| -10% | -$397K |
|
1412
Polaris
PII
$3.62B
| $3.47M | 0.01% |
24,847
-23,994
| -49% | -$3.24M |
|
1413
Comfort Systems
FIX
$55B
| $3.47M | 0.01% |
227,590
-2,304
| -1% | -$39.3K |
|
1414
Selective Insurance
SIGI
$5.47B
| $3.45M | 0.01% |
147,992
+86,798
| +142% | +$2.06M |
|
|
SWS
1415
DELISTED
SWS GROUP INC
SWS
| $3.45M | 0.01% |
+460,641
| New | +$3.53M |
|
1416
Manitowoc
MTW
$702M
| $3.44M | 0.01% |
120,602
-157,376
| -57% | -$4.03M |
|
|
AXLL
1417
PUT
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $3.43M | 0.01% |
76,400
-127,200
| -62% | -$5.42M |
|
1418
iShares MSCI Mexico ETF
EWW
$1.81B
| $3.43M | 0.01% |
+53,647
| New | +$3.36M |
|
|
CAA
1419
DELISTED
CalAtlantic Group, Inc.
CAA
| $3.42M | 0.01% |
82,399
+15,998
| +24% | +$693K |
|
|
ENLC
1420
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.42M | 0.01% |
100,838
+93,396
| +1,255% | +$3.46M |
|
1421
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $3.39M | 0.01% |
28,096
+14,993
| +114% | +$1.81M |
|
|
XXIA
1422
DELISTED
Ixia
XXIA
| $3.38M | 0.01% |
270,018
+90,014
| +50% | +$1.15M |
|
1423
Super Micro Computer
SMCI
$24.9B
| $3.37M | 0.01% |
1,942,140
+1,513,550
| +353% | +$2.96M |
|
|
HGG
1424
PUT
DELISTED
hhgregg Inc.
HGG
| $3.37M | 0.01% |
+350,500
| New | +$3.5M |
|
|
PRA
1425
DELISTED
ProAssurance
PRA
| $3.36M | 0.01% |
75,537
-8,597
| -10% | -$393K |
|
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.