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 | |
|---|---|---|---|---|---|---|
2301
United Fire Group
UFCS
$1.39B
| $1.02M | ﹤0.01% |
32,079
+23,105
| +257% | +$678K |
|
|
GTI
2302
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
| $1.02M | ﹤0.01% |
+261,995
| New | +$1.05M |
|
|
MCRL
2303
DELISTED
MICREL INC
MCRL
| $1.02M | ﹤0.01% |
67,546
+18,128
| +37% | +$265K |
|
|
CTRL
2304
DELISTED
Control4 Corporation
CTRL
| $1.02M | ﹤0.01% |
84,878
+40,956
| +93% | +$559K |
|
2305
Ethan Allen Interiors
ETD
$601M
| $1.02M | ﹤0.01% |
36,773
-89,795
| -71% | -$2.56M |
|
|
EHIC
2306
DELISTED
eHi Car Services Limited
EHIC
| $1.01M | ﹤0.01% |
105,872
-35,670
| -25% | -$352K |
|
2307
Vanguard Information Technology ETF
VGT
$145B
| $1.01M | ﹤0.01% |
76,008
+58,408
| +332% | +$771K |
|
|
MXPT
2308
DELISTED
MaxPoint Interactive, Inc.
MXPT
| $1M | ﹤0.01% |
+26,229
| New | +$1.04M |
|
2309
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $1M | ﹤0.01% |
+32,764
| New | +$990K |
|
2310
Quest Diagnostics
DGX
$27B
| $999K | ﹤0.01% |
13,005
-1,207,774
| -99% | -$86.5M |
|
2311
Argan
AGX
$6.38B
| $997K | ﹤0.01% |
27,576
-10,660
| -28% | -$347K |
|
2312
Repligen
RGEN
$10.2B
| $996K | ﹤0.01% |
32,793
+20,221
| +161% | +$524K |
|
|
BBG
2313
CALL
DELISTED
Bill Barrett Corp
BBG
| $996K | ﹤0.01% |
+120,000
| New | +$1.22M |
|
2314
Starwood Property Trust
STWD
$5.89B
| $990K | ﹤0.01% |
40,743
-539,237
| -93% | -$13M |
|
2315
Biglari Holdings Class B
BH
$1.22B
| $986K | ﹤0.01% |
3,573
+1,809
| +103% | +$508K |
|
2316
Ormat Technologies
ORA
$6.36B
| $986K | ﹤0.01% |
25,944
-30,195
| -54% | -$948K |
|
|
VLRS
2317
Controladora Vuela Compania de Aviacion
VLRS
$804M
| $978K | ﹤0.01% |
87,788
+68,242
| +349% | +$679K |
|
2318
Fortuna Silver Mines
FSM
$3.67B
| $975K | ﹤0.01% |
253,824
+165,194
| +186% | +$728K |
|
|
RRMS
2319
CALL
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $974K | ﹤0.01% |
20,500
+12,500
| +156% | +$547K |
|
2320
Forestar Group
FOR
$1.48B
| $973K | ﹤0.01% |
61,674
+7,884
| +15% | +$116K |
|
2321
Manulife Financial
MFC
$71.7B
| $973K | ﹤0.01% |
57,189
-48,490
| -46% | -$835K |
|
2322
iShares National Muni Bond ETF
MUB
$45.6B
| $972K | ﹤0.01% |
8,790
+5,965
| +211% | +$660K |
|
2323
CALL
Consolidated Edison
ED
$40B
| $970K | ﹤0.01% |
+15,900
| New | +$1.03M |
|
|
EVOL
2324
DELISTED
Evolving Systems, Inc.
EVOL
| $970K | ﹤0.01% |
110,000
-7,638
| -6% | -$67.2K |
|
2325
Rockwell Medical
RMTI
$31.9M
| $967K | ﹤0.01% |
805
-253
| -24% | -$296K |
|
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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.