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 |
American Electric Power
AEP
|
+$300M |
| 2 |
NBL
Noble Energy, Inc.
NBL
|
+$274M |
| 3 |
DTE Energy
DTE
|
+$243M |
| 4 |
Teva Pharmaceuticals
TEVA
|
+$215M |
| 5 |
Ameren
AEE
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$231M |
| 2 |
Dominion Energy
D
|
+$185M |
| 3 |
Hilton Worldwide
HLT
|
+$157M |
| 4 |
Microsoft
MSFT
|
+$155M |
| 5 |
CSX Corp
CSX
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.88% |
| 2 | Energy | 11.87% |
| 3 | Financials | 9.18% |
| 4 | Consumer Discretionary | 8.98% |
| 5 | Industrials | 8.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
Builders FirstSource
BLDR
$7.39B
| $1.12M | ﹤0.01% |
167,593
+23,951
| +17% | +$150K |
|
2252
StoneX
SNEX
$8.35B
| $1.12M | ﹤0.01% |
+189,991
| New | +$912K |
|
|
AIMC
2253
DELISTED
Altra Industrial Motion Corp
AIMC
| $1.11M | ﹤0.01% |
40,348
+28,851
| +251% | +$770K |
|
|
YDLE
2254
DELISTED
YODLEE INC COMMON STOCK
YDLE
| $1.11M | ﹤0.01% |
82,529
-157,921
| -66% | -$1.85M |
|
2255
Alamo Group
ALG
$2.01B
| $1.11M | ﹤0.01% |
17,554
-30,338
| -63% | -$1.57M |
|
|
GRMN
2256
Garmin
GRMN
$55.7B
| $1.1M | ﹤0.01% |
23,214
-158,334
| -87% | -$8.08M |
|
|
AV
2257
DELISTED
Aviva Plc
AV
| $1.1M | ﹤0.01% |
68,135
+2,528
| +4% | +$41.1K |
|
2258
Las Vegas Sands
LVS
$29.9B
| $1.1M | ﹤0.01% |
+20,000
| New | +$1.11M |
|
|
ATRS
2259
DELISTED
Antares Pharma, Inc.
ATRS
| $1.1M | ﹤0.01% |
404,882
-35,438
| -8% | -$89.9K |
|
|
SNC
2260
DELISTED
State National Companies, Inc.
SNC
| $1.09M | ﹤0.01% |
109,962
-237,330
| -68% | -$2.37M |
|
|
RWT
2261
Redwood Trust
RWT
$579M
| $1.09M | ﹤0.01% |
60,868
+33,827
| +125% | +$656K |
|
|
USAK
2262
DELISTED
USA Truck Inc
USAK
| $1.08M | ﹤0.01% |
+38,986
| New | +$1.13M |
|
|
PETX
2263
DELISTED
Aratana Therapeutics, Inc.
PETX
| $1.08M | ﹤0.01% |
67,402
-34,402
| -34% | -$612K |
|
|
TVPT
2264
DELISTED
Travelport Worldwide Limited
TVPT
| $1.08M | ﹤0.01% |
+64,561
| New | +$1.02M |
|
|
FMI
2265
DELISTED
Foundation Medicine, Inc.
FMI
| $1.07M | ﹤0.01% |
22,333
-48,620
| -69% | -$2.21M |
|
2266
Vanguard Energy ETF
VDE
$10.7B
| $1.07M | ﹤0.01% |
9,821
+5,457
| +125% | +$596K |
|
2267
Vermilion Energy
VET
$1.87B
| $1.07M | ﹤0.01% |
25,500
+15,779
| +162% | +$693K |
|
|
CYBR
2268
DELISTED
CyberArk
CYBR
| $1.07M | ﹤0.01% |
19,225
+7,190
| +60% | +$339K |
|
2269
Wipro
WIT
$18.1B
| $1.07M | ﹤0.01% |
426,651
+106,651
| +33% | +$261K |
|
|
BIG
2270
PUT
DELISTED
Big Lots, Inc.
BIG
| $1.07M | ﹤0.01% |
22,200
-31,200
| -58% | -$1.47M |
|
2271
MacroGenics
MGNX
$257M
| $1.06M | ﹤0.01% |
33,905
+22,885
| +208% | +$776K |
|
2272
Dr. Reddy's Laboratories
RDY
$10.2B
| $1.06M | ﹤0.01% |
+93,055
| New | +$987K |
|
2273
Sarepta Therapeutics
SRPT
$2.06B
| $1.06M | ﹤0.01% |
80,000
-2,305
| -3% | -$30.7K |
|
2274
ING
ING
$102B
| $1.06M | ﹤0.01% |
72,624
-1,041,858
| -93% | -$14.3M |
|
2275
RadNet
RDNT
$6.02B
| $1.06M | ﹤0.01% |
126,207
+115,320
| +1,059% | +$965K |
|
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Israel Englander's Q1 2015 Portfolio in Review
As of Q1 2015, Israel Englander held 4,613 positions worth $53.7B, up 14% from $47.2B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander deployed $5.19B of net new capital in Q1 2015, opening 744 new positions and adding to 1,445 existing holdings. Its largest new stake was DTE Energy: 3,384,348 shares worth $232M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Pioneer Natural Resource Co., an estimated $231M trimmed.
- Israel Englander's largest Q1 2015 buy was DTE Energy: 3,384,348 shares worth $232M.
- Israel Englander added most to American Electric Power in Q1 2015, an estimated $300M increase.
- Israel Englander's biggest Q1 2015 reduction was Pioneer Natural Resource Co., cutting an estimated $231M.
- Israel Englander fully exited Seadrill Limited Common Stock in Q1 2015, selling an estimated $110M.
- Israel Englander's ten largest holdings make up 11% of its $53.7B portfolio in Q1 2015.
- Israel Englander opened 744 new positions and closed 1,104 in Q1 2015.
- Israel Englander's portfolio value rose 14% quarter-over-quarter to $53.7B.
Based on Millennium Management's 13F filing for Q1 2015, filed 15 May 2015.