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 | |
|---|---|---|---|---|---|---|
26
CMS Energy
CMS
$21.4B
| $142M | 0.39% |
4,548,540
-2,536,763
| -36% | -$75.5M |
|
27
AES
AES
$10.5B
| $139M | 0.39% |
8,944,980
-88,264
| -1% | -$1.27M |
|
28
Williams Companies
WMB
$86.2B
| $135M | 0.38% |
2,326,546
+1,584,202
| +213% | +$73.4M |
|
|
INVX
29
Innovex International
INVX
$2.05B
| $131M | 0.36% |
1,196,151
+386,485
| +48% | +$41.5M |
|
|
WLL
30
DELISTED
Whiting Petroleum Corporation
WLL
| $123M | 0.34% |
5,090
-1,101
| -18% | -$24.4M |
|
31
Alphabet (Google) Class C
GOOG
$4.18T
| $121M | 0.34% |
4,176,515
+2,322,592
| +125% | +$63M |
|
|
ATVI
32
DELISTED
Activision Blizzard
ATVI
| $121M | 0.34% |
5,427,224
+3,204,616
| +144% | +$65.9M |
|
|
EGN
33
DELISTED
Energen
EGN
| $120M | 0.33% |
1,349,276
+172,105
| +15% | +$14.5M |
|
|
TWC
34
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $119M | 0.33% |
810,254
+155,998
| +24% | +$21.9M |
|
35
Nabors Industries
NBR
$1.37B
| $114M | 0.31% |
77,292
+16,906
| +28% | +$21.8M |
|
36
ExxonMobil
XOM
$679B
| $109M | 0.3% |
1,086,522
+1,062,049
| +4,340% | +$107M |
|
37
Meta Platforms (Facebook)
META
$1.4T
| $108M | 0.3% |
1,609,378
+647,058
| +67% | +$39.8M |
|
|
PARA
38
DELISTED
Paramount Global Class B
PARA
| $107M | 0.3% |
1,723,836
+4,191
| +0.2% | +$249K |
|
39
OGE Energy
OGE
$9.42B
| $107M | 0.3% |
2,734,005
-181,989
| -6% | -$6.66M |
|
40
Micron Technology
MU
$1.09T
| $105M | 0.29% |
3,178,883
-1,246,890
| -28% | -$34M |
|
41
Mastercard
MA
$509B
| $104M | 0.29% |
1,415,761
+1,296,256
| +1,085% | +$96.3M |
|
|
SEMG
42
DELISTED
SEMGROUP CORPORATION
SEMG
| $103M | 0.29% |
1,308,250
-135,150
| -9% | -$9.18M |
|
43
Danaher
DHR
$154B
| $102M | 0.28% |
1,931,062
+244,637
| +15% | +$12.6M |
|
44
Halliburton
HAL
$29.4B
| $101M | 0.28% |
1,424,015
-781,442
| -35% | -$50.1M |
|
|
GPOR
45
DELISTED
Gulfport Energy Corp.
GPOR
| $98.5M | 0.27% |
1,567,844
-581,282
| -27% | -$39M |
|
46
Eversource Energy
ES
$26.4B
| $97.8M | 0.27% |
2,069,692
+548,588
| +36% | +$25.2M |
|
47
HP
HPQ
$27.2B
| $97.4M | 0.27% |
6,367,959
+4,272,853
| +204% | +$64.2M |
|
48
TE Connectivity
TEL
$58.9B
| $96.2M | 0.27% |
1,555,922
+1,199,860
| +337% | +$71.9M |
|
|
RDC
49
DELISTED
Rowan Companies Plc
RDC
| $96.2M | 0.27% |
3,012,127
+393,445
| +15% | +$12.3M |
|
50
Visa
V
$693B
| $95.2M | 0.26% |
1,806,740
+955,988
| +112% | +$50M |
|
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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.