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 |
PepsiCo
PEP
|
+$192M |
| 2 |
Exelon
EXC
|
+$175M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$152M |
| 4 |
Apple
AAPL
|
+$149M |
| 5 |
FITB
Fifth Third Bancorp
FITB
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$193M |
| 2 |
AGN
Allergan plc
AGN
|
+$142M |
| 3 |
Estee Lauder
EL
|
+$135M |
| 4 |
PPL
PPL Corp
PPL
|
+$119M |
| 5 |
Ralph Lauren
RL
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 14.7% |
| 2 | Healthcare | 12.6% |
| 3 | Utilities | 8.91% |
| 4 | Financials | 8.66% |
| 5 | Technology | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BPT
2651
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $442K | ﹤0.01% |
+4,472
| New | +$407K |
|
|
AVB
2652
PUT
DELISTED
AvalonBay Communities
AVB
| $441K | ﹤0.01% |
3,100
-24,400
| -89% | -$3.37M |
|
|
ANFI
2653
DELISTED
AMIRA NATURE FOODS LTD
ANFI
| $441K | ﹤0.01% |
32,234
+9,745
| +43% | +$146K |
|
|
HW
2654
DELISTED
Headwaters Inc
HW
| $441K | ﹤0.01% |
31,772
-143,947
| -82% | -$1.84M |
|
|
MEP
2655
CALL
DELISTED
Midcoast Energy Partners, L.P.
MEP
| $440K | ﹤0.01% |
+20,000
| New | +$434K |
|
|
NTT
2656
DELISTED
Nippon Telegraph & Telephone
NTT
| $440K | ﹤0.01% |
14,095
-7,186
| -34% | -$205K |
|
2657
Matthews International
MATW
$668M
| $439K | ﹤0.01% |
10,549
-28,366
| -73% | -$1.16M |
|
|
RRMS
2658
CALL
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $437K | ﹤0.01% |
+8,000
| New | +$357K |
|
2659
Arbor Realty Trust
ABR
$965M
| $435K | ﹤0.01% |
62,548
+9,613
| +18% | +$68K |
|
|
QTS
2660
DELISTED
QTS REALTY TRUST, INC.
QTS
| $435K | ﹤0.01% |
+15,178
| New | +$420K |
|
2661
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $434K | ﹤0.01% |
3,767
-12,740
| -77% | -$1.45M |
|
2662
Magnite
MGNI
$3.45B
| $434K | ﹤0.01% |
+33,769
| New | +$507K |
|
2663
PUT
Caesarstone
CSTE
$118M
| $432K | ﹤0.01% |
+8,800
| New | +$448K |
|
|
CEMP
2664
DELISTED
Cempra, Inc.
CEMP
| $431K | ﹤0.01% |
40,200
+28,445
| +242% | +$275K |
|
|
RHT
2665
PUT
DELISTED
Red Hat Inc
RHT
| $431K | ﹤0.01% |
+7,800
| New | +$397K |
|
2666
Steven Madden
SHOO
$3.31B
| $430K | ﹤0.01% |
18,800
-471,559
| -96% | -$10.6M |
|
2667
CALL
Eli Lilly
LLY
$1.11T
| $429K | ﹤0.01% |
6,900
-44,400
| -87% | -$2.65M |
|
2668
Silgan Holdings
SLGN
$4.47B
| $428K | ﹤0.01% |
+16,836
| New | +$418K |
|
|
ALR
2669
DELISTED
AlerisLife Inc
ALR
| $428K | ﹤0.01% |
8,536
-826
| -9% | -$41K |
|
|
FULL
2670
DELISTED
Full Circle Capital Corporation
FULL
| $427K | ﹤0.01% |
54,625
+43,620
| +396% | +$340K |
|
2671
Bassett Furniture
BSET
$164M
| $425K | ﹤0.01% |
+32,282
| New | +$437K |
|
2672
CALL
Popular Inc
BPOP
$10.8B
| $424K | ﹤0.01% |
12,400
+5,900
| +91% | +$182K |
|
2673
Trustmark
TRMK
$2.68B
| $423K | ﹤0.01% |
17,123
-48,888
| -74% | -$1.16M |
|
2674
PUT
Diageo
DEO
$52.6B
| $420K | ﹤0.01% |
+3,300
| New | +$416K |
|
2675
PUT
Herc Holdings
HRI
$5.23B
| $420K | ﹤0.01% |
+5,000
| New | +$421K |
|
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Israel Englander's Q2 2014 Portfolio in Review
As of Q2 2014, Israel Englander held 4,342 positions worth $36.1B, up 4.6% from $34.5B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Israel Englander's Q2 2014 filing shows 944 new, 1,153 increased, 1,195 reduced and 1,005 closed positions. Its largest new stake was PepsiCo: 2,223,276 shares worth $199M. The largest sale was Verizon, an estimated $193M.
By sector, the portfolio is most concentrated in Energy at 15% of assets, up from 13% a quarter earlier, followed by Healthcare and Utilities.
- Israel Englander's largest Q2 2014 buy was PepsiCo: 2,223,276 shares worth $199M.
- Israel Englander added most to Exelon in Q2 2014, an estimated $175M increase.
- Israel Englander's biggest Q2 2014 reduction was Verizon, cutting an estimated $193M.
- Israel Englander fully exited Home Depot in Q2 2014, selling an estimated $108M.
- Israel Englander's ten largest holdings make up 9.6% of its $36.1B portfolio in Q2 2014.
- Israel Englander opened 944 new positions and closed 1,005 in Q2 2014.
- Israel Englander's portfolio value rose 4.6% quarter-over-quarter to $36.1B.
Based on Millennium Management's 13F filing for Q2 2014, filed 14 Aug 2014.