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 | |
|---|---|---|---|---|---|---|
|
MRSH
151
Marsh
MRSH
$91.6B
| $65.7M | 0.14% |
1,147,674
+1,101,511
| +2,386% | +$60.4M |
|
152
PBF Energy
PBF
$8.72B
| $65.4M | 0.14% |
2,455,128
-198,684
| -7% | -$5.18M |
|
153
Healthpeak Properties
DOC
$14.8B
| $65.4M | 0.14% |
1,630,892
+1,522,209
| +1,401% | +$60.4M |
|
154
Brixmor Property Group
BRX
$8.99B
| $65.3M | 0.14% |
2,630,590
+2,471,371
| +1,552% | +$59M |
|
|
AGN
155
DELISTED
Allergan Inc
AGN
| $64.2M | 0.14% |
302,093
-468,884
| -61% | -$93.2M |
|
156
EQT Corp
EQT
$33.6B
| $64.2M | 0.14% |
1,557,010
+868,561
| +126% | +$41.1M |
|
|
HOLX
157
DELISTED
Hologic
HOLX
| $64M | 0.14% |
2,391,845
+1,719,435
| +256% | +$44.4M |
|
|
WBA
158
DELISTED
Walgreens Boots Alliance
WBA
| $63.7M | 0.14% |
836,207
-513,097
| -38% | -$34.3M |
|
159
Lam Research
LRCX
$393B
| $63M | 0.13% |
7,941,030
+5,427,760
| +216% | +$42.1M |
|
|
ALXN
160
DELISTED
Alexion Pharmaceuticals
ALXN
| $62.9M | 0.13% |
339,822
+137,656
| +68% | +$25.5M |
|
161
Evercore
EVR
$11.2B
| $62.7M | 0.13% |
1,197,238
+504,936
| +73% | +$25.3M |
|
162
Occidental Petroleum
OXY
$61.3B
| $62.6M | 0.13% |
777,935
-322,437
| -29% | -$26.8M |
|
163
Spectrum Brands
SPB
$2B
| $62.6M | 0.13% |
654,288
+469,915
| +255% | +$42.8M |
|
164
RTX Corp
RTX
$283B
| $62.2M | 0.13% |
859,493
+196,678
| +30% | +$13.4M |
|
|
THOR
165
DELISTED
THORATEC CORPORATION
THOR
| $62.1M | 0.13% |
1,914,539
+738,982
| +63% | +$21.5M |
|
166
Cardinal Health
CAH
$53.4B
| $61.9M | 0.13% |
+766,592
| New | +$60.5M |
|
|
HDS
167
DELISTED
HD Supply Holdings, Inc.
HDS
| $61.7M | 0.13% |
2,091,782
+189,351
| +10% | +$5.31M |
|
168
Eastman Chemical
EMN
$8.47B
| $61.7M | 0.13% |
812,978
+224,046
| +38% | +$17.7M |
|
|
OPLN
169
Openlane
OPLN
$4.08B
| $61.4M | 0.13% |
4,682,736
+4,178,019
| +828% | +$50.6M |
|
170
Visa
V
$693B
| $61.1M | 0.13% |
932,560
-1,087,816
| -54% | -$65.5M |
|
171
Intel
INTC
$476B
| $60.9M | 0.13% |
1,678,525
+1,243,941
| +286% | +$43.3M |
|
172
Allison Transmission
ALSN
$11B
| $60.7M | 0.13% |
1,790,416
+1,168,912
| +188% | +$37.2M |
|
173
Kohl's
KSS
$2B
| $59.8M | 0.13% |
980,450
+919,652
| +1,513% | +$53.2M |
|
|
EQC
174
DELISTED
Equity Commonwealth
EQC
| $59.5M | 0.13% |
2,316,560
+1,784,297
| +335% | +$45.5M |
|
175
Illinois Tool Works
ITW
$80.4B
| $59.5M | 0.13% |
627,769
+106,307
| +20% | +$9.68M |
|
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.