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 | |
|---|---|---|---|---|---|---|
1576
Artisan Partners
APAM
$3.08B
| $3.17M | 0.01% |
60,868
-185,268
| -75% | -$10M |
|
|
QLTY
1577
DELISTED
QUALITY DISTR INC FLA
QLTY
| $3.17M | 0.01% |
247,702
+115,234
| +87% | +$1.65M |
|
1578
Flotek Industries
FTK
$852M
| $3.17M | 0.01% |
20,233
-21,269
| -51% | -$3.64M |
|
1579
First Citizens BancShares
FCNCA
$24.4B
| $3.16M | 0.01% |
14,588
+10,398
| +248% | +$2.35M |
|
|
ARR
1580
Armour Residential REIT
ARR
$2.31B
| $3.15M | 0.01% |
20,429
-1,816
| -8% | -$305K |
|
|
PIR
1581
DELISTED
Pier 1 Imports, Inc.
PIR
| $3.15M | 0.01% |
13,227
-13,831
| -51% | -$4.15M |
|
1582
PUT
eBay
EBAY
$47.2B
| $3.14M | 0.01% |
131,868
+7,603
| +6% | +$169K |
|
1583
PUT
Southern Copper
SCCO
$184B
| $3.14M | 0.01% |
115,716
-23,361
| -17% | -$688K |
|
|
ACI
1584
DELISTED
ARCH COAL, INC.
ACI
| $3.13M | 0.01% |
+147,674
| New | +$4.42M |
|
1585
Extreme Networks
EXTR
$2.95B
| $3.12M | 0.01% |
+651,934
| New | +$3.16M |
|
1586
Verizon
VZ
$208B
| $3.12M | 0.01% |
62,363
-103,027
| -62% | -$5.12M |
|
1587
Wolverine World Wide
WWW
$1.69B
| $3.11M | 0.01% |
124,196
-35,378
| -22% | -$911K |
|
1588
CALL
Las Vegas Sands
LVS
$30.6B
| $3.11M | 0.01% |
50,000
-800
| -2% | -$55K |
|
|
PSMI
1589
DELISTED
PEREGRINE SEMICONDUCTOR CORP COM STK (DE)
PSMI
| $3.09M | 0.01% |
250,000
+206,257
| +472% | +$1.91M |
|
1590
AeroVironment
AVAV
$7.52B
| $3.09M | 0.01% |
102,764
+28,690
| +39% | +$914K |
|
1591
CALL
Arcturus Therapeutics
ARCT
$444M
| $3.09M | 0.01% |
+28,571
| New | +$3.72M |
|
1592
Trupanion
TRUP
$1.4B
| $3.09M | 0.01% |
+363,270
| New | +$3.37M |
|
1593
Enviri
NVRI
$607M
| $3.08M | 0.01% |
144,046
-194,898
| -58% | -$4.83M |
|
|
MZTI
1594
The Marzetti Company
MZTI
$3.29B
| $3.08M | 0.01% |
36,156
+33,913
| +1,512% | +$3.05M |
|
1595
Amazon
AMZN
$2.81T
| $3.08M | 0.01% |
+190,760
| New | +$3.17M |
|
|
RPT
1596
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $3.05M | 0.01% |
187,862
-917,446
| -83% | -$15.4M |
|
1597
State Street SPDR S&P Metals & Mining ETF
XME
$4.79B
| $3.05M | 0.01% |
+82,964
| New | +$3.47M |
|
1598
Gray Television
GTN
$519M
| $3.02M | 0.01% |
383,705
+94,264
| +33% | +$1.03M |
|
|
PNK
1599
PUT
DELISTED
Pinnacle Entertainment Inc.
PNK
| $3.01M | 0.01% |
+120,000
| New | +$2.94M |
|
1600
Ultrapar
UGP
$7.1B
| $3.01M | 0.01% |
+285,016
| New | +$3.38M |
|
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.