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 | |
|---|---|---|---|---|---|---|
1526
DHI Group
DHX
$192M
| $3.34M | 0.01% |
+399,099
| New | +$3.3M |
|
|
SQNS
1527
Sequans Communications SA
SQNS
$45.5M
| $3.34M | 0.01% |
16,883
-40
| -0.2% | -$7.41K |
|
|
PGN
1528
DELISTED
PARAGON OFFSHORE PLC (GBR)
PGN
| $3.34M | 0.01% |
+543,042
| New | +$4.53M |
|
|
IRF
1529
DELISTED
INTL RECTIFIER CORP
IRF
| $3.34M | 0.01% |
85,078
-45,414
| -35% | -$1.47M |
|
|
VSI
1530
DELISTED
Vitamin Shoppe Inc.
VSI
| $3.34M | 0.01% |
75,182
-700,155
| -90% | -$29.4M |
|
1531
Mercado Libre
MELI
$101B
| $3.33M | 0.01% |
30,694
+23,935
| +354% | +$2.49M |
|
1532
T. Rowe Price
TROW
$23.9B
| $3.33M | 0.01% |
42,451
-86,069
| -67% | -$6.91M |
|
|
EGL
1533
DELISTED
Engility Holdings, Inc.
EGL
| $3.33M | 0.01% |
106,708
+75,238
| +239% | +$2.64M |
|
1534
MGIC Investment
MTG
$6.35B
| $3.32M | 0.01% |
425,659
-1,145,720
| -73% | -$9.39M |
|
1535
Emcor
EME
$32.8B
| $3.32M | 0.01% |
83,124
-49,386
| -37% | -$2.12M |
|
|
MXIM
1536
DELISTED
Maxim Integrated Products
MXIM
| $3.32M | 0.01% |
109,717
-739,109
| -87% | -$23.3M |
|
1537
Kennametal
KMT
$2.22B
| $3.32M | 0.01% |
80,280
-368,196
| -82% | -$16.2M |
|
1538
Eldorado Gold
EGO
$12.5B
| $3.31M | 0.01% |
98,333
+7,191
| +8% | +$276K |
|
1539
PUT
Alcoa
AA
$13.3B
| $3.31M | 0.01% |
85,518
+2,289
| +3% | +$89.7K |
|
1540
PUT
Dollar General
DG
$27.1B
| $3.31M | 0.01% |
+54,100
| New | +$3.24M |
|
1541
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $3.31M | 0.01% |
+120,885
| New | +$3.41M |
|
1542
CoStar Group
CSGP
$13.3B
| $3.31M | 0.01% |
212,460
-800,530
| -79% | -$11.9M |
|
|
ANN
1543
DELISTED
ANN INC
ANN
| $3.31M | 0.01% |
80,360
+4,261
| +6% | +$168K |
|
1544
Amdocs
DOX
$6.49B
| $3.3M | 0.01% |
71,970
-13,684
| -16% | -$641K |
|
|
FTD
1545
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $3.3M | 0.01% |
96,770
+38,142
| +65% | +$1.24M |
|
1546
Brink's
BCO
$4.55B
| $3.3M | 0.01% |
+137,189
| New | +$3.68M |
|
1547
Regal Rexnord
RRX
$10.9B
| $3.3M | 0.01% |
51,318
+19,360
| +61% | +$1.39M |
|
|
IPXL
1548
DELISTED
Impax Laboratories, Inc.
IPXL
| $3.29M | 0.01% |
138,893
-198,997
| -59% | -$5.1M |
|
1549
MacroGenics
MGNX
$262M
| $3.29M | 0.01% |
157,363
+94,595
| +151% | +$1.96M |
|
|
NAV
1550
DELISTED
Navistar International
NAV
| $3.28M | 0.01% |
+99,682
| New | +$3.69M |
|
Similar funds
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.