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 | |
|---|---|---|---|---|---|---|
276
Molina Healthcare
MOH
$10.5B
| $31.4M | 0.09% |
703,592
+467,956
| +199% | +$19M |
|
277
Pacira BioSciences
PCRX
$983M
| $31.3M | 0.09% |
341,177
+20,843
| +7% | +$1.59M |
|
|
GDP
278
DELISTED
GOODRICH PETROLEUM CORP(NEW)
GDP
| $31M | 0.09% |
1,123,203
+1,006,937
| +866% | +$25.2M |
|
279
MasTec
MTZ
$21.4B
| $30.9M | 0.09% |
1,003,835
+903,863
| +904% | +$34.1M |
|
280
NXP Semiconductors
NXPI
$56.9B
| $30.8M | 0.09% |
466,087
+188,251
| +68% | +$11.5M |
|
281
Herc Holdings
HRI
$5.41B
| $30.8M | 0.09% |
366,697
-856,006
| -70% | -$72.1M |
|
282
Starbucks
SBUX
$122B
| $30.8M | 0.09% |
796,904
-571,482
| -42% | -$20.8M |
|
|
PMT
283
PennyMac Mortgage Investment
PMT
$815M
| $30.8M | 0.09% |
1,403,072
-100,056
| -7% | -$2.23M |
|
284
Ross Stores
ROST
$76.7B
| $30.7M | 0.09% |
929,302
-39,886
| -4% | -$1.37M |
|
285
Verisk Analytics
VRSK
$24.4B
| $30.6M | 0.08% |
510,318
+260,895
| +105% | +$15.6M |
|
286
CNO Financial Group
CNO
$4.95B
| $30.6M | 0.08% |
1,718,474
+655,570
| +62% | +$11.2M |
|
287
Vulcan Materials
VMC
$35.8B
| $30.6M | 0.08% |
479,600
+96,071
| +25% | +$6.08M |
|
|
RSPP
288
DELISTED
RSP Permian, Inc.
RSPP
| $30.6M | 0.08% |
942,459
+300,608
| +47% | +$8.56M |
|
289
Capital One
COF
$134B
| $30.5M | 0.08% |
369,620
+261,024
| +240% | +$20.3M |
|
|
DYAX
290
DELISTED
DYAX CORPORATION
DYAX
| $30.5M | 0.08% |
3,179,562
-1,377,748
| -30% | -$10.5M |
|
291
Clearway Energy Class C
CWEN
$6.68B
| $30.5M | 0.08% |
1,171,476
-241,828
| -17% | -$5.54M |
|
|
HR
292
DELISTED
Healthcare Realty Trust Incorporated
HR
| $30.5M | 0.08% |
1,199,239
-7,925
| -0.7% | -$198K |
|
293
Tanger
SKT
$4.39B
| $30.5M | 0.08% |
+871,696
| New | +$31M |
|
294
Insmed
INSM
$27.5B
| $30.4M | 0.08% |
1,520,896
-123,778
| -8% | -$1.83M |
|
|
X
295
DELISTED
US Steel
X
| $30.3M | 0.08% |
1,163,117
+737,229
| +173% | +$18.8M |
|
296
Autodesk
ADSK
$53.6B
| $30.3M | 0.08% |
536,648
-229,998
| -30% | -$11.7M |
|
|
FNFG
297
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $30.2M | 0.08% |
3,458,474
+1,973,520
| +133% | +$17.5M |
|
298
Dominion Energy
D
$58.6B
| $30.2M | 0.08% |
421,703
-262,124
| -38% | -$18.4M |
|
299
Signet Jewelers
SIG
$3.16B
| $30.1M | 0.08% |
272,513
+200,948
| +281% | +$20.9M |
|
|
FCE.A
300
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $29.6M | 0.08% |
1,491,424
-430,676
| -22% | -$8.23M |
|
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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.