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 | |
|---|---|---|---|---|---|---|
|
MYCC
401
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $23.7M | 0.07% |
1,279,274
+955,813
| +295% | +$17.6M |
|
|
RFMD
402
DELISTED
RF MICRO DEVICES INC
RFMD
| $23.7M | 0.07% |
2,469,050
+976,329
| +65% | +$8.67M |
|
403
ManpowerGroup
MAN
$2.86B
| $23.6M | 0.07% |
278,493
-465,323
| -63% | -$37.9M |
|
|
LPT
404
DELISTED
Liberty Property Trust
LPT
| $23.6M | 0.07% |
622,412
+99,065
| +19% | +$3.76M |
|
|
LBMH
405
DELISTED
LIBERATOR MED HLDGS INC (NY)
LBMH
| $23.4M | 0.06% |
6,230,000
-275,000
| -4% | -$1.07M |
|
406
Monster Beverage
MNST
$93.6B
| $23.4M | 0.06% |
3,944,760
-1,788,312
| -31% | -$10.2M |
|
|
VR
407
DELISTED
Validus Hold Ltd
VR
| $23.3M | 0.06% |
609,314
-10,167
| -2% | -$379K |
|
408
APA Corp
APA
$15.2B
| $23.3M | 0.06% |
231,514
+207,202
| +852% | +$18.8M |
|
409
American Financial Group
AFG
$11.9B
| $23.3M | 0.06% |
390,766
-77,053
| -16% | -$4.49M |
|
410
First Horizon
FHN
$11.7B
| $23.3M | 0.06% |
1,961,951
-2,143,152
| -52% | -$25.1M |
|
411
Marvell Technology
MRVL
$213B
| $23.1M | 0.06% |
1,609,863
+1,476,462
| +1,107% | +$22.7M |
|
412
PUT
Teekay
TK
$1.16B
| $22.9M | 0.06% |
368,100
+171,200
| +87% | +$9.9M |
|
413
State Street SPDR S&P 500 ETF Trust
SPY
$822B
| $22.8M | 0.06% |
116,696
+9,070
| +8% | +$1.72M |
|
414
Martin Marietta Materials
MLM
$32.1B
| $22.8M | 0.06% |
172,560
+116,074
| +205% | +$14.6M |
|
415
AXIS Capital
AXS
$7.2B
| $22.7M | 0.06% |
512,869
+474,126
| +1,224% | +$21.7M |
|
|
UNT
416
DELISTED
UNIT Corporation
UNT
| $22.7M | 0.06% |
329,270
-59,552
| -15% | -$3.88M |
|
417
Accenture
ACN
$113B
| $22.6M | 0.06% |
279,741
-7,608
| -3% | -$611K |
|
|
SD
418
PUT
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $22.6M | 0.06% |
3,153,900
+1,858,500
| +143% | +$12.5M |
|
419
Thomson Reuters
TRI
$45.7B
| $22.5M | 0.06% |
532,651
+227,033
| +74% | +$9.29M |
|
420
Hyatt Hotels
H
$17B
| $22.4M | 0.06% |
367,867
-102,821
| -22% | -$5.93M |
|
|
SWY
421
DELISTED
SAFEWAY INC
SWY
| $22.4M | 0.06% |
652,310
-87,256
| -12% | -$2.98M |
|
422
FirstEnergy
FE
$26.6B
| $22.4M | 0.06% |
644,651
+429,561
| +200% | +$14.5M |
|
423
Constellium
CSTM
$3.66B
| $22.4M | 0.06% |
697,241
+96,034
| +16% | +$2.89M |
|
|
TFCF
424
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $22.4M | 0.06% |
652,987
+637,831
| +4,208% | +$21.1M |
|
|
PES
425
DELISTED
Pioneer Energy Services Corp.
PES
| $22.3M | 0.06% |
1,272,477
-466,455
| -27% | -$7M |
|
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.