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 | |
|---|---|---|---|---|---|---|
|
MW
2776
PUT
DELISTED
THE MENS WAREHOUSE INC
MW
| $352K | ﹤0.01% |
6,300
-48,300
| -88% | -$2.45M |
|
2777
PUT
JPMorgan Chase
JPM
$947B
| $351K | ﹤0.01% |
6,100
-2,600
| -30% | -$146K |
|
2778
CALL
Cheniere Energy
LNG
$58B
| $351K | ﹤0.01% |
4,900
-20,100
| -80% | -$1.22M |
|
2779
Mercer International
MERC
$26.9M
| $351K | ﹤0.01% |
+33,426
| New | +$291K |
|
|
EPAY
2780
DELISTED
Bottomline Technologies Inc
EPAY
| $351K | ﹤0.01% |
+11,744
| New | +$361K |
|
|
FRED
2781
DELISTED
Fred's Inc
FRED
| $349K | ﹤0.01% |
+22,855
| New | +$383K |
|
2782
FormFactor
FORM
$8.43B
| $348K | ﹤0.01% |
41,868
-6,012
| -13% | -$39.9K |
|
|
QIWI
2783
CALL
DELISTED
QIWI PLC
QIWI
| $347K | ﹤0.01% |
+8,600
| New | +$314K |
|
|
INFA
2784
PUT
DELISTED
INFORMATICA CORP
INFA
| $346K | ﹤0.01% |
+9,700
| New | +$357K |
|
2785
MannKind Corp
MNKD
$1.31B
| $345K | ﹤0.01% |
6,295
+2,622
| +71% | +$105K |
|
2786
CALL
Micron Technology
MU
$1.03T
| $343K | ﹤0.01% |
10,400
+500
| +5% | +$13.6K |
|
|
2787
PUT
Verizon
VZ
$208B
| $343K | ﹤0.01% |
7,000
-7,600
| -52% | -$368K |
|
|
PMCS
2788
DELISTED
P M C SIERRA INC
PMCS
| $343K | ﹤0.01% |
+45,100
| New | +$326K |
|
2789
iShares Select Dividend ETF
DVY
$23.9B
| $342K | ﹤0.01% |
4,446
-3,405
| -43% | -$254K |
|
|
GBL
2790
DELISTED
GAMCO Investors, Inc.
GBL
| $342K | ﹤0.01% |
7,647
+2,525
| +49% | +$105K |
|
|
OLBK
2791
DELISTED
Old Line Bancshares, Inc.
OLBK
| $342K | ﹤0.01% |
+21,685
| New | +$362K |
|
2792
Paramount Gold Nevada
PZG
$133M
| $341K | ﹤0.01% |
+355,162
| New | +$367K |
|
2793
CALL
Lithia Motors
LAD
$8.1B
| $339K | ﹤0.01% |
+3,600
| New | +$275K |
|
2794
TTM Technologies
TTMI
$11.3B
| $339K | ﹤0.01% |
41,328
-73,559
| -64% | -$577K |
|
|
KEM
2795
DELISTED
KEMET Corporation
KEM
| $339K | ﹤0.01% |
58,884
+26,625
| +83% | +$148K |
|
2796
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $338K | ﹤0.01% |
+11,392
| New | +$325K |
|
2797
PUT
Ashland
ASH
$3.38B
| $337K | ﹤0.01% |
+6,336
| New | +$316K |
|
2798
PDF Solutions
PDFS
$1.86B
| $337K | ﹤0.01% |
15,865
-100,575
| -86% | -$1.92M |
|
|
DEST
2799
DELISTED
Destination Maternity Corporation
DEST
| $337K | ﹤0.01% |
14,811
-17,267
| -54% | -$422K |
|
2800
iShares MSCI Switzerland ETF
EWL
$2.44B
| $336K | ﹤0.01% |
+9,790
| New | +$341K |
|
Similar funds
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.