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 |
Devon Energy
DVN
|
+$196M |
| 2 |
Verizon
VZ
|
+$166M |
| 3 |
Edison International
EIX
|
+$152M |
| 4 |
PPL
PPL Corp
PPL
|
+$122M |
| 5 |
Estee Lauder
EL
|
+$115M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ameren
AEE
|
+$140M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$136M |
| 3 |
ANDV
Andeavor
ANDV
|
+$111M |
| 4 |
LyondellBasell Industries
LYB
|
+$105M |
| 5 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$101M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 15.65% |
| 2 | Healthcare | 13.77% |
| 3 | Energy | 13.48% |
| 4 | Utilities | 8.99% |
| 5 | Financials | 8.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2426
PUT
Seagate
STX
$192B
| $696K | ﹤0.01% |
12,400
-129,300
| -91% | -$6.93M |
|
2427
ProShares Ultra Financials
UYG
$840M
| $696K | ﹤0.01% |
+34,182
| New | +$664K |
|
2428
Valley National Bancorp
VLY
$7.71B
| $696K | ﹤0.01% |
66,860
-195,623
| -75% | -$1.96M |
|
|
2429
PUT
Verizon
VZ
$205B
| $695K | ﹤0.01% |
+14,600
| New | +$690K |
|
|
JOYY
2430
PUT
JOYY Inc
JOYY
$3.66B
| $695K | ﹤0.01% |
9,100
-4,500
| -33% | -$317K |
|
|
YELL
2431
DELISTED
Yellow Corporation Common Stock
YELL
| $693K | ﹤0.01% |
+30,780
| New | +$644K |
|
|
WEB
2432
DELISTED
Web.com Group, Inc.
WEB
| $691K | ﹤0.01% |
+20,311
| New | +$694K |
|
2433
Vanguard Total Bond Market
BND
$162B
| $689K | ﹤0.01% |
+8,483
| New | +$687K |
|
2434
Barings BDC
BBDC
$982M
| $687K | ﹤0.01% |
26,527
-2,616
| -9% | -$71.5K |
|
2435
Leidos
LDOS
$17.6B
| $687K | ﹤0.01% |
19,410
+6,597
| +51% | +$293K |
|
2436
PUT
National Grid
NGG
$79.9B
| $687K | ﹤0.01% |
10,365
+1,865
| +22% | +$120K |
|
2437
Woodward
WWD
$20.4B
| $684K | ﹤0.01% |
+16,463
| New | +$708K |
|
|
LNCO
2438
CALL
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $684K | ﹤0.01% |
25,300
-103,500
| -80% | -$3.15M |
|
|
PIR
2439
PUT
DELISTED
Pier 1 Imports, Inc.
PIR
| $683K | ﹤0.01% |
+1,810
| New | +$712K |
|
2440
Apogee Enterprises
APOG
$848M
| $682K | ﹤0.01% |
20,529
+9,756
| +91% | +$332K |
|
2441
CALL
GameStop
GME
$8.19B
| $682K | ﹤0.01% |
66,400
-55,200
| -45% | -$530K |
|
2442
CALL
C.H. Robinson
CHRW
$17.7B
| $681K | ﹤0.01% |
+13,000
| New | +$708K |
|
2443
Plexus
PLXS
$6.54B
| $681K | ﹤0.01% |
+16,999
| New | +$694K |
|
2444
Realty Income
O
$58.5B
| $680K | ﹤0.01% |
+17,184
| New | +$682K |
|
2445
New Mountain Finance
NMFC
$720M
| $675K | ﹤0.01% |
46,359
-39,121
| -46% | -$581K |
|
2446
Ardmore Shipping
ASC
$721M
| $673K | ﹤0.01% |
+50,600
| New | +$705K |
|
|
AGU
2447
PUT
DELISTED
Agrium
AGU
| $673K | ﹤0.01% |
+6,900
| New | +$632K |
|
2448
BJ's Restaurants
BJRI
$1.36B
| $672K | ﹤0.01% |
20,533
-427,989
| -95% | -$12.9M |
|
|
MNR
2449
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $672K | ﹤0.01% |
+70,391
| New | +$661K |
|
2450
PUT
Five Below
FIVE
$13.7B
| $671K | ﹤0.01% |
15,800
+10,100
| +177% | +$388K |
|
Similar funds
Israel Englander's Q1 2014 Portfolio in Review
As of Q1 2014, Israel Englander held 4,356 positions worth $34.5B, up 8.9% from $31.7B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Israel Englander deployed $4.18B of net new capital in Q1 2014, opening 945 new positions and adding to 1,266 existing holdings. Its largest new stake was Bausch Health: 575,504 shares worth $75.9M.
By sector, the portfolio is most concentrated in Miscellaneous at 16% of assets, down from 25% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was Ameren, an estimated $140M trimmed.
- Israel Englander's largest Q1 2014 buy was Bausch Health: 575,504 shares worth $75.9M.
- Israel Englander added most to Devon Energy in Q1 2014, an estimated $196M increase.
- Israel Englander's biggest Q1 2014 reduction was Ameren, cutting an estimated $140M.
- Israel Englander fully exited PepsiCo in Q1 2014, selling an estimated $89.1M.
- Israel Englander's ten largest holdings make up 7.9% of its $34.5B portfolio in Q1 2014.
- Israel Englander opened 945 new positions and closed 958 in Q1 2014.
- Israel Englander's portfolio value rose 8.9% quarter-over-quarter to $34.5B.
Based on Millennium Management's 13F filing for Q1 2014, filed 15 May 2014.