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 |
CAM
CAMERON INTERNATIONAL CORPORATION
CAM
|
+$294M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$293M |
| 3 |
WLL
Whiting Petroleum Corporation
WLL
|
+$213M |
| 4 |
Xcel Energy
XEL
|
+$178M |
| 5 |
McDonald's
MCD
|
+$173M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BHI
Baker Hughes
BHI
|
+$255M |
| 2 |
Exelon
EXC
|
+$209M |
| 3 |
AbbVie
ABBV
|
+$199M |
| 4 |
CenterPoint Energy
CNP
|
+$130M |
| 5 |
American Electric Power
AEP
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.56% |
| 2 | Energy | 13.05% |
| 3 | Financials | 9.97% |
| 4 | Industrials | 8.17% |
| 5 | Consumer Discretionary | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.92B | 4.06% |
9,325,600
+797,200
| +9% | +$160M |
|
2
NextEra Energy
NEE
$174B
| $322M | 0.68% |
12,133,228
+982,076
| +9% | +$24.8M |
|
3
Teva Pharmaceuticals
TEVA
$43.5B
| $304M | 0.65% |
5,293,264
+86,322
| +2% | +$4.81M |
|
|
PXD
4
DELISTED
Pioneer Natural Resource Co.
PXD
| $286M | 0.61% |
1,924,741
+1,777,707
| +1,209% | +$293M |
|
|
CAM
5
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $284M | 0.6% |
5,685,474
+5,309,326
| +1,411% | +$294M |
|
|
6
McDonald's
MCD
$192B
| $246M | 0.52% |
2,629,470
+1,846,194
| +236% | +$173M |
|
7
Meta Platforms (Facebook)
META
$1.4T
| $241M | 0.51% |
3,084,515
+1,606,882
| +109% | +$123M |
|
8
Sempra
SRE
$54.2B
| $240M | 0.51% |
4,314,658
-488,526
| -10% | -$26.6M |
|
|
APC
9
DELISTED
Anadarko Petroleum
APC
| $238M | 0.5% |
2,884,812
-425,246
| -13% | -$37M |
|
10
Devon Energy
DVN
$54B
| $237M | 0.5% |
3,877,879
+1,305,501
| +51% | +$79.1M |
|
11
Medtronic
MDT
$119B
| $233M | 0.49% |
2,810,622
+1,238,876
| +79% | +$86.1M |
|
12
Marathon Petroleum
MPC
$101B
| $232M | 0.49% |
5,130,790
+783,268
| +18% | +$34.5M |
|
|
13
Xcel Energy
XEL
$47.7B
| $219M | 0.46% |
6,107,714
+5,313,089
| +669% | +$178M |
|
14
Hilton Worldwide
HLT
$73.5B
| $212M | 0.45% |
2,712,984
+1,503,806
| +124% | +$113M |
|
15
Dominion Energy
D
$58.6B
| $210M | 0.44% |
2,727,992
-30,247
| -1% | -$2.19M |
|
16
Microsoft
MSFT
$3.59T
| $206M | 0.44% |
4,443,351
+3,477,166
| +360% | +$163M |
|
|
WLL
17
DELISTED
Whiting Petroleum Corporation
WLL
| $196M | 0.42% |
19,835
+13,982
| +239% | +$213M |
|
18
Valero Energy
VLO
$100B
| $190M | 0.4% |
3,837,411
+1,504,639
| +65% | +$72.9M |
|
|
PPL
19
PPL Corp
PPL
$25.9B
| $178M | 0.38% |
5,259,209
-2,049,110
| -28% | -$67M |
|
20
Intuitive Surgical
ISRG
$134B
| $172M | 0.36% |
2,928,654
+485,541
| +20% | +$27M |
|
21
Bausch Health
BHC
$2.41B
| $168M | 0.36% |
1,176,762
+885,255
| +304% | +$119M |
|
22
NRG Energy
NRG
$23.8B
| $166M | 0.35% |
6,176,238
-1,631,914
| -21% | -$48.3M |
|
23
CSX Corp
CSX
$95.6B
| $157M | 0.33% |
12,988,647
+12,664,968
| +3,913% | +$148M |
|
24
KeyCorp
KEY
$23.3B
| $154M | 0.33% |
11,104,975
+2,871,345
| +35% | +$38.2M |
|
25
Biogen
BIIB
$32B
| $154M | 0.33% |
452,704
+7,041
| +2% | +$2.28M |
|
Similar funds
Israel Englander's Q4 2014 Portfolio in Review
As of Q4 2014, Israel Englander held 4,655 positions worth $47.2B, up 19% from $39.5B the previous quarter. Its ten largest holdings account for 9.1% of the portfolio.
Israel Englander deployed $7.43B of net new capital in Q4 2014, opening 1,009 new positions and adding to 1,528 existing holdings. Its largest new stake was Coca-Cola: 2,223,712 shares worth $93.9M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 13% a quarter earlier, followed by Energy and Financials.
On the sell side, the largest reduction was Baker Hughes, an estimated $255M trimmed.
- Israel Englander's largest Q4 2014 buy was Coca-Cola: 2,223,712 shares worth $93.9M.
- Israel Englander added most to CAMERON INTERNATIONAL CORPORATION in Q4 2014, an estimated $294M increase.
- Israel Englander's biggest Q4 2014 reduction was Baker Hughes, cutting an estimated $255M.
- Israel Englander fully exited COVIDIEN PLC COM SHS NEW (IRELAND) in Q4 2014, selling an estimated $69M.
- Israel Englander's ten largest holdings make up 9.1% of its $47.2B portfolio in Q4 2014.
- Israel Englander opened 1,009 new positions and closed 792 in Q4 2014.
- Israel Englander's portfolio value rose 19% quarter-over-quarter to $47.2B.
Based on Millennium Management's 13F filing for Q4 2014, filed 17 Feb 2015.