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 |
PPL
PPL Corp
PPL
|
+$304M |
| 2 |
SWN
Southwestern Energy Company
SWN
|
+$207M |
| 3 |
Biogen
BIIB
|
+$177M |
| 4 |
MON
Monsanto Co
MON
|
+$164M |
| 5 |
BNY
Bank of New York Mellon
BNY
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceuticals
TEVA
|
+$412M |
| 2 |
Pfizer
PFE
|
+$283M |
| 3 |
Devon Energy
DVN
|
+$194M |
| 4 |
Valero Energy
VLO
|
+$187M |
| 5 |
Altria Group
MO
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.04% |
| 2 | Energy | 12.07% |
| 3 | Financials | 9.11% |
| 4 | Consumer Discretionary | 8.85% |
| 5 | Industrials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
EOG Resources
EOG
$79.4B
| $35.5M | 0.07% |
405,610
+350,340
| +634% | +$32.4M |
|
|
FMSA
377
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $35.4M | 0.07% |
4,325,374
+278,129
| +7% | +$2.39M |
|
378
Watsco Inc
WSO
$12.9B
| $35.3M | 0.07% |
+285,356
| New | +$35.5M |
|
379
Dillards
DDS
$10.1B
| $35.3M | 0.07% |
+335,590
| New | +$41.2M |
|
380
CDW
CDW
$17B
| $35.3M | 0.07% |
1,029,212
-59,382
| -5% | -$2.22M |
|
381
PUT
Gilead Sciences
GILD
$180B
| $35.1M | 0.07% |
+300,000
| New | +$32.8M |
|
382
Qorvo
QRVO
$8.35B
| $35.1M | 0.07% |
+436,924
| New | +$33.9M |
|
|
OA
383
DELISTED
Orbital ATK, Inc.
OA
| $35M | 0.07% |
476,986
+309,698
| +185% | +$23.3M |
|
|
PAY
384
DELISTED
Verifone Systems Inc
PAY
| $34.9M | 0.07% |
1,029,134
+419,317
| +69% | +$15.2M |
|
385
Cemex
CX
$16.1B
| $34.9M | 0.07% |
4,115,754
+3,592,524
| +687% | +$32M |
|
|
HDS
386
DELISTED
HD Supply Holdings, Inc.
HDS
| $34.6M | 0.07% |
983,601
+127,520
| +15% | +$4.24M |
|
387
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.79B
| $34.6M | 0.07% |
185,258
+105,799
| +133% | +$21.6M |
|
388
Qualcomm
QCOM
$165B
| $34.5M | 0.07% |
550,343
-360,835
| -40% | -$24.6M |
|
389
TJX Companies
TJX
$154B
| $34.4M | 0.07% |
1,038,226
+322,664
| +45% | +$10.7M |
|
|
TMX
390
DELISTED
Terminix Global Holdings, Inc.
TMX
| $34.3M | 0.06% |
1,417,039
+283,446
| +25% | +$6.58M |
|
|
LQ
391
DELISTED
La Quinta Holdings Inc.
LQ
| $34.3M | 0.06% |
1,501,602
+57,770
| +4% | +$1.38M |
|
392
Edgewell Personal Care
EPC
$1.35B
| $34.3M | 0.06% |
260,634
+10,280
| +4% | +$1.06M |
|
|
PMT
393
PennyMac Mortgage Investment
PMT
$813M
| $34M | 0.06% |
1,952,518
-586,114
| -23% | -$11.4M |
|
394
Molina Healthcare
MOH
$10.4B
| $34M | 0.06% |
483,697
-561,537
| -54% | -$37.6M |
|
|
ARRS
395
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $34M | 0.06% |
1,111,092
+733,369
| +194% | +$23.7M |
|
396
Capri Holdings
CPRI
$1.56B
| $34M | 0.06% |
807,022
+231,146
| +40% | +$13M |
|
397
Chipotle Mexican Grill
CMG
$47.9B
| $33.8M | 0.06% |
2,790,800
-332,350
| -11% | -$4.2M |
|
398
Hershey
HSY
$38B
| $33.8M | 0.06% |
379,939
+310,342
| +446% | +$29.3M |
|
399
3M
MMM
$92.4B
| $33.8M | 0.06% |
261,600
-25,497
| -9% | -$3.42M |
|
400
Hancock Whitney
HWC
$6.04B
| $33.6M | 0.06% |
1,053,941
+219,613
| +26% | +$6.66M |
|
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Israel Englander's Q2 2015 Portfolio in Review
As of Q2 2015, Israel Englander held 4,294 positions worth $52.9B, down 1.6% from $53.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander's Q2 2015 filing shows 780 new, 1,199 increased, 1,223 reduced and 1,034 closed positions. Its largest new stake was Charter Communications: 575,958 shares worth $98.6M. The largest sale was Teva Pharmaceuticals, an estimated $412M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 16% a quarter earlier, followed by Energy and Financials.
- Israel Englander's largest Q2 2015 buy was Charter Communications: 575,958 shares worth $98.6M.
- Israel Englander added most to PPL Corp in Q2 2015, an estimated $304M increase.
- Israel Englander's biggest Q2 2015 reduction was Teva Pharmaceuticals, cutting an estimated $412M.
- Israel Englander fully exited SALIX PHARMACEUTICALS LTD DEL in Q2 2015, selling an estimated $145M.
- Israel Englander's ten largest holdings make up 11% of its $52.9B portfolio in Q2 2015.
- Israel Englander opened 780 new positions and closed 1,034 in Q2 2015.
- Israel Englander's portfolio value fell 1.6% quarter-over-quarter to $52.9B.
Based on Millennium Management's 13F filing for Q2 2015, filed 14 Aug 2015.