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 | Miscellaneous | 15.52% |
| 2 | Energy | 15.14% |
| 3 | Healthcare | 12.64% |
| 4 | Financials | 8.59% |
| 5 | Utilities | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AMWD
2251
DELISTED
American Woodmark
AMWD
| $1.07M | ﹤0.01% |
28,991
+6,262
| +28% | +$216K |
|
2252
Orthofix Medical
OFIX
$392M
| $1.07M | ﹤0.01% |
34,530
-30,470
| -47% | -$1.01M |
|
|
TEN
2253
Tsakos Energy Navigation Ltd
TEN
$1.27B
| $1.07M | ﹤0.01% |
33,433
-47,081
| -58% | -$1.65M |
|
|
ALDR
2254
DELISTED
Alder Biopharmaceuticals
ALDR
| $1.06M | ﹤0.01% |
+83,973
| New | +$1.27M |
|
|
XEC
2255
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $1.06M | ﹤0.01% |
8,400
-76,800
| -90% | -$10.6M |
|
2256
SiriusPoint
SPNT
$2.8B
| $1.06M | ﹤0.01% |
72,958
-41,347
| -36% | -$633K |
|
2257
iShares Russell 3000 ETF
IWV
$20.4B
| $1.06M | ﹤0.01% |
9,055
+3,431
| +61% | +$404K |
|
2258
Vanguard Morningstar Value ETF
VTV
$193B
| $1.05M | ﹤0.01% |
12,997
+6,508
| +100% | +$532K |
|
2259
Capital Southwest
CSWC
$1.62B
| $1.05M | ﹤0.01% |
80,017
+18,923
| +31% | +$258K |
|
2260
State Street SPDR S&P Retail ETF
XRT
$320M
| $1.05M | ﹤0.01% |
24,556
-148,828
| -86% | -$6.45M |
|
|
DFT
2261
DELISTED
DuPont Fabros Technology Inc.
DFT
| $1.05M | ﹤0.01% |
38,870
+29,249
| +304% | +$808K |
|
2262
Builders FirstSource
BLDR
$7.23B
| $1.05M | ﹤0.01% |
192,236
+2,083
| +1% | +$13.6K |
|
2263
CVB Financial
CVBF
$3.92B
| $1.05M | ﹤0.01% |
+73,053
| New | +$1.12M |
|
2264
PUT
Wynn Resorts
WYNN
$9.64B
| $1.05M | ﹤0.01% |
+5,600
| New | +$1.11M |
|
|
VVUS
2265
DELISTED
Vivus Inc
VVUS
| $1.05M | ﹤0.01% |
+27,160
| New | +$1.21M |
|
2266
Huazhu Hotels Group
HTHT
$14.7B
| $1.05M | ﹤0.01% |
162,552
-234,812
| -59% | -$1.49M |
|
|
CPRX
2267
CALL
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.05M | ﹤0.01% |
+315,100
| New | +$823K |
|
|
CONN
2268
CALL
DELISTED
Conn's Inc.
CONN
| $1.04M | ﹤0.01% |
34,500
+21,500
| +165% | +$837K |
|
|
GTIV
2269
DELISTED
GENTIVA HEALTH SERVICES INC
GTIV
| $1.04M | ﹤0.01% |
62,192
-120,334
| -66% | -$2.11M |
|
|
EOX
2270
DELISTED
EMERALD OIL INC (MT)
EOX
| $1.04M | ﹤0.01% |
+8,458
| New | +$1.29M |
|
2271
CALL
Cleveland-Cliffs
CLF
$6.75B
| $1.04M | ﹤0.01% |
+100,000
| New | +$1.53M |
|
2272
Mercury Systems
MRCY
$5.44B
| $1.04M | ﹤0.01% |
94,082
+39,027
| +71% | +$439K |
|
|
AMRE
2273
DELISTED
AMREIT INC NEW COM STK
AMRE
| $1.04M | ﹤0.01% |
45,085
+24,410
| +118% | +$557K |
|
|
SYT
2274
PUT
DELISTED
Syngenta Ag
SYT
| $1.03M | ﹤0.01% |
+16,300
| New | +$1.15M |
|
2275
PUT
Vail Resorts
MTN
$5.15B
| $1.03M | ﹤0.01% |
11,900
+1,000
| +9% | +$79.4K |
|
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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 $4.26B 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 Miscellaneous at 16% of assets, up from 14% a quarter earlier, followed by Energy and Healthcare.
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.