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 | |
|---|---|---|---|---|---|---|
2451
WSFS Financial
WSFS
$4.01B
| $784K | ﹤0.01% |
32,859
+16,350
| +99% | +$395K |
|
|
PAY
2452
PUT
DELISTED
Verifone Systems Inc
PAY
| $784K | ﹤0.01% |
22,800
-31,700
| -58% | -$1.12M |
|
|
X
2453
CALL
DELISTED
US Steel
X
| $783K | ﹤0.01% |
20,000
-447,000
| -96% | -$15.7M |
|
2454
UNIFI
UFI
$140M
| $780K | ﹤0.01% |
30,124
+2,641
| +10% | +$74.6K |
|
2455
PUT
McKesson
MCK
$104B
| $779K | ﹤0.01% |
4,000
+2,400
| +150% | +$462K |
|
2456
TriNet
TNET
$3.19B
| $779K | ﹤0.01% |
30,245
-46,062
| -60% | -$1.19M |
|
2457
CTS Corp
CTS
$1.65B
| $777K | ﹤0.01% |
48,883
+18,847
| +63% | +$335K |
|
|
TCS
2458
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $777K | ﹤0.01% |
+2,378
| New | +$805K |
|
2459
Forrester Research
FORR
$232M
| $772K | ﹤0.01% |
20,949
-4,444
| -18% | -$170K |
|
2460
CALL
Bread Financial
BFH
$4.15B
| $770K | ﹤0.01% |
+3,884
| New | +$816K |
|
|
2461
PUT
Bread Financial
BFH
$4.15B
| $770K | ﹤0.01% |
+3,884
| New | +$816K |
|
2462
iShares MSCI South Africa ETF
EZA
$594M
| $770K | ﹤0.01% |
12,010
+7,425
| +162% | +$517K |
|
2463
PUT
Campbell Soup
CPB
$6.94B
| $769K | ﹤0.01% |
+18,000
| New | +$788K |
|
|
GOOD
2464
Gladstone Commercial Corp
GOOD
$628M
| $768K | ﹤0.01% |
45,180
-35,161
| -44% | -$626K |
|
2465
CALL
Workday
WDAY
$47.8B
| $767K | ﹤0.01% |
+9,300
| New | +$794K |
|
|
CMA
2466
DELISTED
Comerica
CMA
| $766K | ﹤0.01% |
15,368
-26,539
| -63% | -$1.33M |
|
2467
Ezcorp Inc
EZPW
$2.11B
| $766K | ﹤0.01% |
77,306
-188,172
| -71% | -$1.95M |
|
2468
Gaming and Leisure Properties
GLPI
$12.3B
| $766K | ﹤0.01% |
24,775
-59,343
| -71% | -$2M |
|
2469
PUT
Exelixis
EXEL
$13.7B
| $765K | ﹤0.01% |
+500,000
| New | +$1.6M |
|
|
JCP
2470
DELISTED
J.C. Penney Company, Inc.
JCP
| $765K | ﹤0.01% |
76,167
-153,300
| -67% | -$1.5M |
|
2471
Hilltop Holdings
HTH
$2.21B
| $762K | ﹤0.01% |
37,998
-110,248
| -74% | -$2.28M |
|
|
MOBL
2472
DELISTED
MobileIron, Inc.
MOBL
| $760K | ﹤0.01% |
68,257
-209,519
| -75% | -$2.05M |
|
|
AMTG
2473
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $759K | ﹤0.01% |
49,184
-70,232
| -59% | -$1.16M |
|
|
AAV
2474
DELISTED
Advantage Oil & Gas Ltd
AAV
| $757K | ﹤0.01% |
148,764
-309,160
| -68% | -$1.75M |
|
|
WRES
2475
DELISTED
WARREN RESOURCES INC
WRES
| $757K | ﹤0.01% |
142,815
+69,954
| +96% | +$428K |
|
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.