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 |
American Electric Power
AEP
|
+$300M |
| 2 |
NBL
Noble Energy, Inc.
NBL
|
+$274M |
| 3 |
DTE Energy
DTE
|
+$243M |
| 4 |
Teva Pharmaceuticals
TEVA
|
+$215M |
| 5 |
Ameren
AEE
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$231M |
| 2 |
Dominion Energy
D
|
+$185M |
| 3 |
Hilton Worldwide
HLT
|
+$157M |
| 4 |
Microsoft
MSFT
|
+$155M |
| 5 |
CSX Corp
CSX
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.88% |
| 2 | Energy | 11.87% |
| 3 | Financials | 9.18% |
| 4 | Consumer Discretionary | 8.98% |
| 5 | Industrials | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Broadcom
AVGO
$1.75T
| $81.1M | 0.15% |
6,386,030
+1,555,890
| +32% | +$17.8M |
|
127
Zions Bancorporation
ZION
$9.95B
| $81M | 0.15% |
2,998,639
-768,415
| -20% | -$20.1M |
|
128
CALL
F5
FFIV
$21.8B
| $79M | 0.15% |
687,100
+495,300
| +258% | +$58.3M |
|
129
Cheniere Energy
LNG
$57.3B
| $78.6M | 0.15% |
1,015,751
+22,578
| +2% | +$1.68M |
|
130
Mohawk Industries
MHK
$9.23B
| $78.5M | 0.15% |
422,645
+350,614
| +487% | +$60.7M |
|
|
SNV
131
DELISTED
Synovus
SNV
| $78.1M | 0.15% |
2,788,164
+860,369
| +45% | +$23.3M |
|
132
ManpowerGroup
MAN
$2.86B
| $77.8M | 0.14% |
903,499
+289,012
| +47% | +$22M |
|
133
Merck
MRK
$376B
| $77.8M | 0.14% |
1,418,303
+131,301
| +10% | +$7.43M |
|
134
General Motors
GM
$77.2B
| $77.7M | 0.14% |
2,072,256
+1,748,150
| +539% | +$63.6M |
|
|
PE
135
DELISTED
PARSLEY ENERGY INC
PE
| $77.6M | 0.14% |
4,855,234
+3,707,243
| +323% | +$58M |
|
136
CALL
Energy Transfer Partners
ET
$73B
| $77.5M | 0.14% |
2,445,200
+1,571,400
| +180% | +$46.6M |
|
137
Zoetis
ZTS
$32.1B
| $77.2M | 0.14% |
1,668,147
+751,135
| +82% | +$33.9M |
|
138
Steel Dynamics
STLD
$32.8B
| $76.9M | 0.14% |
3,823,669
-876,247
| -19% | -$16.3M |
|
139
Popular Inc
BPOP
$10.8B
| $76.7M | 0.14% |
2,228,859
+798,875
| +56% | +$26.4M |
|
140
Designer Brands
DBI
$292M
| $76.2M | 0.14% |
2,066,858
+1,250,411
| +153% | +$45.9M |
|
141
PPG Industries
PPG
$25.3B
| $75M | 0.14% |
665,234
-238,962
| -26% | -$27.4M |
|
142
Cognizant
CTSH
$27.9B
| $74.4M | 0.14% |
1,192,299
-717,476
| -38% | -$42.3M |
|
143
Genuine Parts
GPC
$18.5B
| $73.3M | 0.14% |
786,703
+782,199
| +17,367% | +$75.4M |
|
144
Citizens Financial Group
CFG
$29.4B
| $73.1M | 0.14% |
3,030,288
+2,985,306
| +6,637% | +$73.2M |
|
|
KRFT
145
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $73M | 0.14% |
838,419
-588,896
| -41% | -$38.9M |
|
|
MWE
146
CALL
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $72.8M | 0.14% |
1,101,200
-189,200
| -15% | -$11.6M |
|
|
147
Hilton Worldwide
HLT
$73.5B
| $72.2M | 0.13% |
812,365
-1,900,619
| -70% | -$157M |
|
148
RenaissanceRe
RNR
$13.4B
| $71.7M | 0.13% |
718,577
+635,114
| +761% | +$63.5M |
|
149
American Eagle Outfitters
AEO
$2.71B
| $71.2M | 0.13% |
4,166,585
+4,143,385
| +17,859% | +$63.1M |
|
150
Texas Instruments
TXN
$241B
| $70.3M | 0.13% |
1,230,135
-1,099,734
| -47% | -$61.8M |
|
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Israel Englander's Q1 2015 Portfolio in Review
As of Q1 2015, Israel Englander held 4,613 positions worth $53.7B, up 14% from $47.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander deployed $5.19B of net new capital in Q1 2015, opening 744 new positions and adding to 1,445 existing holdings. Its largest new stake was DTE Energy: 3,384,348 shares worth $232M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Pioneer Natural Resource Co., an estimated $231M trimmed.
- Israel Englander's largest Q1 2015 buy was DTE Energy: 3,384,348 shares worth $232M.
- Israel Englander added most to American Electric Power in Q1 2015, an estimated $300M increase.
- Israel Englander's biggest Q1 2015 reduction was Pioneer Natural Resource Co., cutting an estimated $231M.
- Israel Englander fully exited Seadrill Limited Common Stock in Q1 2015, selling an estimated $110M.
- Israel Englander's ten largest holdings make up 11% of its $53.7B portfolio in Q1 2015.
- Israel Englander opened 744 new positions and closed 1,104 in Q1 2015.
- Israel Englander's portfolio value rose 14% quarter-over-quarter to $53.7B.
Based on Millennium Management's 13F filing for Q1 2015, filed 15 May 2015.