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 | |
|---|---|---|---|---|---|---|
|
ESRX
2401
PUT
DELISTED
Express Scripts Holding Company
ESRX
| $862K | ﹤0.01% |
12,200
+8,300
| +213% | +$591K |
|
|
SDRL
2402
DELISTED
Seadrill Limited Common Stock
SDRL
| $860K | ﹤0.01% |
+120
| New | +$1.13M |
|
|
EXAM
2403
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $860K | ﹤0.01% |
+26,269
| New | +$863K |
|
2404
CALL
Liberty Global Class A
LBTYA
$3.6B
| $859K | ﹤0.01% |
+30,918
| New | +$1.1M |
|
|
ARG
2405
DELISTED
Airgas Inc
ARG
| $857K | ﹤0.01% |
+7,746
| New | +$851K |
|
2406
Saic
SAIC
$5.45B
| $856K | ﹤0.01% |
19,346
+3,104
| +19% | +$137K |
|
|
FDML
2407
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $850K | ﹤0.01% |
57,161
+42,106
| +280% | +$733K |
|
|
BBBY
2408
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $849K | ﹤0.01% |
12,900
-13,900
| -52% | -$874K |
|
2409
Century Communities
CCS
$1.94B
| $847K | ﹤0.01% |
+48,836
| New | +$982K |
|
|
TBI
2410
Trueblue
TBI
$325M
| $847K | ﹤0.01% |
33,539
-41,231
| -55% | -$1.14M |
|
2411
American Water Works
AWK
$27.2B
| $844K | ﹤0.01% |
17,490
-159,160
| -90% | -$7.78M |
|
2412
CALL
The Mosaic Company
MOS
$7.55B
| $844K | ﹤0.01% |
19,000
| – | – |
|
|
CALD
2413
DELISTED
Callidus Software, Inc.
CALD
| $844K | ﹤0.01% |
70,249
+33,095
| +89% | +$378K |
|
2414
CALL
Ashland
ASH
$3.39B
| $843K | ﹤0.01% |
16,556
-50,896
| -75% | -$2.65M |
|
2415
Community Bank
CBU
$3.32B
| $843K | ﹤0.01% |
+25,106
| New | +$888K |
|
2416
NeoGenomics
NEO
$2.39B
| $843K | ﹤0.01% |
161,750
+75,295
| +87% | +$387K |
|
|
OTIC
2417
DELISTED
Otonomy, Inc.
OTIC
| $843K | ﹤0.01% |
+35,123
| New | +$694K |
|
|
CLMS
2418
DELISTED
Calamos Asset Management, Inc.
CLMS
| $843K | ﹤0.01% |
74,823
-3,987
| -5% | -$50.4K |
|
|
OCSI
2419
DELISTED
Oaktree Strategic Income Corporation
OCSI
| $842K | ﹤0.01% |
71,250
+5,078
| +8% | +$65.8K |
|
2420
Lamar Advertising Co
LAMR
$15.3B
| $841K | ﹤0.01% |
+17,073
| New | +$879K |
|
|
BONT
2421
DELISTED
Bon-Ton Stores Inc/The
BONT
| $839K | ﹤0.01% |
+100,345
| New | +$965K |
|
2422
HDFC Bank
HDB
$115B
| $837K | ﹤0.01% |
71,852
-121,220
| -63% | -$1.47M |
|
|
EPAY
2423
DELISTED
Bottomline Technologies Inc
EPAY
| $826K | ﹤0.01% |
29,923
+18,179
| +155% | +$510K |
|
|
STI
2424
DELISTED
SunTrust Banks, Inc.
STI
| $826K | ﹤0.01% |
21,712
-597,455
| -96% | -$23.1M |
|
2425
Cameco
CCJ
$46.3B
| $824K | ﹤0.01% |
+46,662
| New | +$915K |
|
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 $4.26B 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.