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 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$294M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$293M |
| 3 |
WLL
Whiting Petroleum Corporation
WLL
|
+$213M |
| 4 |
Xcel Energy
XEL
|
+$178M |
| 5 |
McDonald's
MCD
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BHI
Baker Hughes
BHI
|
+$255M |
| 2 |
Exelon
EXC
|
+$209M |
| 3 |
AbbVie
ABBV
|
+$199M |
| 4 |
CenterPoint Energy
CNP
|
+$130M |
| 5 |
American Electric Power
AEP
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.56% |
| 2 | Energy | 13.05% |
| 3 | Financials | 9.97% |
| 4 | Industrials | 8.17% |
| 5 | Consumer Discretionary | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1651
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $3.22M | 0.01% |
+26,930
| New | +$3.21M |
|
1652
CALL
IBM
IBM
$221B
| $3.21M | 0.01% |
20,920
-6,904
| -25% | -$1.1M |
|
1653
Sun Life Financial
SLF
$44.5B
| $3.21M | 0.01% |
+88,886
| New | +$3.18M |
|
|
STI
1654
DELISTED
SunTrust Banks, Inc.
STI
| $3.2M | 0.01% |
76,358
+54,646
| +252% | +$2.14M |
|
1655
Employers Holdings
EIG
$876M
| $3.19M | 0.01% |
135,726
+8,313
| +7% | +$173K |
|
1656
Toro Company
TTC
$9.48B
| $3.18M | 0.01% |
99,710
-89,118
| -47% | -$2.75M |
|
|
PWRD
1657
DELISTED
PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL)
PWRD
| $3.17M | 0.01% |
201,223
+18,293
| +10% | +$342K |
|
1658
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $3.17M | 0.01% |
35,379
+3,373
| +11% | +$307K |
|
1659
KRONOS Worldwide
KRO
$1.03B
| $3.17M | 0.01% |
243,502
+106,743
| +78% | +$1.39M |
|
|
EFII
1660
DELISTED
Electronics for Imaging
EFII
| $3.17M | 0.01% |
+73,924
| New | +$3.23M |
|
1661
CALL
Alcoa
AA
$13.5B
| $3.16M | 0.01% |
83,229
-1,374
| -2% | -$53.3K |
|
|
1662
PUT
Alcoa
AA
$13.5B
| $3.16M | 0.01% |
83,229
-2,289
| -3% | -$88.7K |
|
|
SAND
1663
DELISTED
Sandstorm Gold
SAND
| $3.15M | 0.01% |
927,806
+893,373
| +2,595% | +$2.96M |
|
|
RT
1664
DELISTED
Ruby Tuesday Georgia
RT
| $3.15M | 0.01% |
460,313
+406,215
| +751% | +$3.02M |
|
1665
PUT
Toll Brothers
TOL
$13.9B
| $3.14M | 0.01% |
91,600
+34,800
| +61% | +$1.14M |
|
1666
National Bank Holdings
NBHC
$1.84B
| $3.13M | 0.01% |
161,530
+123,900
| +329% | +$2.39M |
|
1667
Emcor
EME
$32.6B
| $3.13M | 0.01% |
70,266
-12,858
| -15% | -$553K |
|
1668
Cameco
CCJ
$46.6B
| $3.12M | 0.01% |
190,292
+143,630
| +308% | +$2.46M |
|
|
SAFE
1669
Safehold
SAFE
$1.1B
| $3.12M | 0.01% |
46,948
+18,418
| +65% | +$1.23M |
|
1670
BlackBerry
BB
$4.57B
| $3.12M | 0.01% |
283,771
-229,011
| -45% | -$2.34M |
|
1671
Barrett Business Services
BBSI
$819M
| $3.11M | 0.01% |
453,688
+236,216
| +109% | +$1.75M |
|
1672
Lindsay Corp
LNN
$1.16B
| $3.1M | 0.01% |
+36,189
| New | +$3.07M |
|
|
PNNT
1673
Pennant Park Investment Corp
PNNT
$249M
| $3.1M | 0.01% |
325,617
+64,201
| +25% | +$673K |
|
1674
Grupo Aeroportuario del Pacifico
PAC
$12.5B
| $3.08M | 0.01% |
48,765
+39,681
| +437% | +$2.66M |
|
|
HEES
1675
DELISTED
H&E Equipment Services
HEES
| $3.08M | 0.01% |
+109,601
| New | +$3.72M |
|
Similar funds
Israel Englander's Q4 2014 Portfolio in Review
As of Q4 2014, Israel Englander held 4,655 positions worth $47.2B, up 19% from $39.5B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Israel Englander deployed $7.43B of net new capital in Q4 2014, opening 1,009 new positions and adding to 1,528 existing holdings. Its largest new stake was Coca-Cola: 2,223,712 shares worth $93.9M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 13% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Baker Hughes, an estimated $255M trimmed.
- Israel Englander's largest Q4 2014 buy was Coca-Cola: 2,223,712 shares worth $93.9M.
- Israel Englander added most to CAMERON INTERNATIONAL CORPORATION in Q4 2014, an estimated $294M increase.
- Israel Englander's biggest Q4 2014 reduction was Baker Hughes, cutting an estimated $255M.
- Israel Englander fully exited COVIDIEN PLC COM SHS NEW (IRELAND) in Q4 2014, selling an estimated $69M.
- Israel Englander's ten largest holdings make up 9.1% of its $47.2B portfolio in Q4 2014.
- Israel Englander opened 1,009 new positions and closed 792 in Q4 2014.
- Israel Englander's portfolio value rose 19% quarter-over-quarter to $47.2B.
Based on Millennium Management's 13F filing for Q4 2014, filed 17 Feb 2015.