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 | |
|---|---|---|---|---|---|---|
|
ASPX
201
DELISTED
AUSPEX PHARMACEUTICALS INC COM STK (DE)
ASPX
| $54.5M | 0.12% |
1,038,734
-128,521
| -11% | -$3.77M |
|
|
CPN
202
DELISTED
Calpine Corporation
CPN
| $54.5M | 0.12% |
2,462,780
+1,647,861
| +202% | +$36.6M |
|
203
Hershey
HSY
$37.5B
| $54M | 0.11% |
519,126
+377,798
| +267% | +$36.8M |
|
204
HCA Healthcare
HCA
$92.9B
| $53.8M | 0.11% |
733,067
-1,140,418
| -61% | -$80.2M |
|
205
Prosperity Bancshares
PB
$8.75B
| $53.8M | 0.11% |
971,807
+873,084
| +884% | +$49.5M |
|
|
AXLL
206
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $53.7M | 0.11% |
1,263,545
+1,193,621
| +1,707% | +$48.6M |
|
207
Camden Property Trust
CPT
$10.8B
| $53.6M | 0.11% |
725,441
+575,603
| +384% | +$42.6M |
|
208
Clorox
CLX
$12.9B
| $53.4M | 0.11% |
512,409
+509,162
| +15,681% | +$50.9M |
|
209
Spire
SR
$4.78B
| $53.2M | 0.11% |
1,000,422
+817,582
| +447% | +$41.1M |
|
210
Western Alliance Bancorporation
WAL
$8.69B
| $53.1M | 0.11% |
1,908,837
-444,788
| -19% | -$11.5M |
|
|
MIC
211
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $52.9M | 0.11% |
743,809
-79,123
| -10% | -$5.39M |
|
212
Textron
TXT
$14.3B
| $52.6M | 0.11% |
1,248,815
+388,480
| +45% | +$15.6M |
|
213
Dover
DOV
$27.2B
| $52.5M | 0.11% |
906,681
+641,009
| +241% | +$39.7M |
|
|
HSP
214
DELISTED
HOSPIRA INC
HSP
| $52.4M | 0.11% |
856,124
+727,135
| +564% | +$41.1M |
|
|
CTRX
215
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $52.4M | 0.11% |
1,012,355
+163,212
| +19% | +$7.67M |
|
|
SNV
216
DELISTED
Synovus
SNV
| $52.2M | 0.11% |
1,927,795
+865,177
| +81% | +$21.9M |
|
217
ExxonMobil
XOM
$679B
| $52.2M | 0.11% |
564,856
+235,271
| +71% | +$21.9M |
|
218
Coca-Cola Europacific Partners
CCEP
$47.7B
| $52.1M | 0.11% |
1,179,108
+214,321
| +22% | +$9.24M |
|
219
SPDR Gold Trust
GLD
$152B
| $52.1M | 0.11% |
458,600
+40,210
| +10% | +$4.64M |
|
220
PUT
Johnson & Johnson
JNJ
$651B
| $52M | 0.11% |
500,000
+497,400
| +19,131% | +$52.4M |
|
221
Kimco Realty
KIM
$16.1B
| $52M | 0.11% |
2,066,617
+2,055,017
| +17,716% | +$50.3M |
|
222
Sally Beauty Holdings
SBH
$1.55B
| $51.8M | 0.11% |
1,684,825
+816,834
| +94% | +$24.3M |
|
223
United Airlines
UAL
$36.7B
| $51.7M | 0.11% |
772,763
-21,893
| -3% | -$1.21M |
|
224
Carnival Corporation Ltd
CCL
$35.2B
| $51.4M | 0.11% |
1,134,519
+336,271
| +42% | +$13.8M |
|
|
PMT
225
PennyMac Mortgage Investment
PMT
$815M
| $51.3M | 0.11% |
2,433,607
+1,189,538
| +96% | +$25.6M |
|
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.