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 | |
|---|---|---|---|---|---|---|
|
CBST
1776
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $2.3M | 0.01% |
34,630
-140,904
| -80% | -$9.26M |
|
|
MDVN
1777
PUT
DELISTED
MEDIVATION, INC.
MDVN
| $2.29M | 0.01% |
46,400
| – | – |
|
1778
Zebra Technologies
ZBRA
$17.1B
| $2.28M | 0.01% |
+32,157
| New | +$2.51M |
|
|
POM
1779
DELISTED
PEPCO HOLDINGS, INC.
POM
| $2.28M | 0.01% |
85,207
+38,757
| +83% | +$1.06M |
|
|
DO
1780
DELISTED
Diamond Offshore Drilling
DO
| $2.27M | 0.01% |
66,248
-92,898
| -58% | -$4.11M |
|
1781
Ares Capital
ARCC
$14.3B
| $2.27M | 0.01% |
140,149
+21,238
| +18% | +$359K |
|
|
AHRT
1782
AH Realty Trust
AHRT
$506M
| $2.26M | 0.01% |
248,969
+225,622
| +966% | +$2.15M |
|
|
TGH
1783
DELISTED
Textainer Group Holdings limited
TGH
| $2.26M | 0.01% |
+72,527
| New | +$2.61M |
|
1784
Itron
ITRI
$4.32B
| $2.25M | 0.01% |
57,341
+30,160
| +111% | +$1.21M |
|
1785
Insulet
PODD
$9.92B
| $2.25M | 0.01% |
61,139
-387,301
| -86% | -$14.1M |
|
1786
CALL
Adobe
ADBE
$109B
| $2.25M | 0.01% |
32,500
+9,200
| +39% | +$652K |
|
1787
Enanta Pharmaceuticals
ENTA
$410M
| $2.25M | 0.01% |
56,813
+51,398
| +949% | +$2.05M |
|
|
NVDQ
1788
DELISTED
Novadaq Technologies Inc.
NVDQ
| $2.24M | 0.01% |
176,775
-91,720
| -34% | -$1.34M |
|
1789
Enbridge
ENB
$109B
| $2.24M | 0.01% |
46,721
-335,394
| -88% | -$16.6M |
|
1790
CALL
Guidewire Software
GWRE
$15.7B
| $2.23M | 0.01% |
50,400
+33,000
| +190% | +$1.4M |
|
1791
PUT
FirstEnergy
FE
$27B
| $2.23M | 0.01% |
66,500
+1,500
| +2% | +$49.6K |
|
|
PNY
1792
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $2.23M | 0.01% |
+66,487
| New | +$2.39M |
|
1793
HSBC
HSBC
$358B
| $2.23M | 0.01% |
50,790
-25,751
| -34% | -$1.17M |
|
1794
Caleres
CAL
$438M
| $2.23M | 0.01% |
81,999
+23,151
| +39% | +$669K |
|
|
NE
1795
CALL
DELISTED
Noble Corporation
NE
| $2.22M | 0.01% |
100,000
-14,400
| -13% | -$388K |
|
|
BRSL
1796
Brightstar Lottery PLC
BRSL
$2.12B
| $2.21M | 0.01% |
131,300
+47,954
| +58% | +$798K |
|
|
RDS.A
1797
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $2.2M | 0.01% |
+30,938
| New | +$2.32M |
|
1798
PUT
Boston Properties
BXP
$11.5B
| $2.2M | 0.01% |
19,000
+16,900
| +805% | +$2.02M |
|
|
ENV
1799
DELISTED
ENVESTNET, INC.
ENV
| $2.2M | 0.01% |
+48,838
| New | +$2.24M |
|
|
PTX
1800
DELISTED
Pernix Therapeutics Holdings, Inc.
PTX
| $2.2M | 0.01% |
28,588
+13,150
| +85% | +$1.04M |
|
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.