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 | |
|---|---|---|---|---|---|---|
|
CPWR
476
DELISTED
COMPUWARE CORP
CPWR
| $20.2M | 0.06% |
2,107,385
-361,293
| -15% | -$3.52M |
|
|
THOR
477
DELISTED
THORATEC CORPORATION
THOR
| $20.1M | 0.06% |
577,951
+33,670
| +6% | +$1.12M |
|
478
Camden Property Trust
CPT
$11B
| $20.1M | 0.06% |
282,953
+218,413
| +338% | +$15.2M |
|
479
Cognizant
CTSH
$28B
| $20.1M | 0.06% |
410,494
+48,825
| +13% | +$2.38M |
|
480
MetLife
MET
$61.1B
| $20.1M | 0.06% |
405,208
-570,855
| -58% | -$26.7M |
|
|
WBC
481
DELISTED
WABCO HOLDINGS INC.
WBC
| $20.1M | 0.06% |
+187,813
| New | +$20.1M |
|
482
Bio-Rad Laboratories Class A
BIO
$10.2B
| $20M | 0.06% |
167,029
+4,987
| +3% | +$609K |
|
483
Evercore
EVR
$11.2B
| $20M | 0.06% |
346,564
+118,538
| +52% | +$6.5M |
|
484
Colgate-Palmolive
CL
$73.8B
| $19.9M | 0.06% |
292,447
-571,215
| -66% | -$38.3M |
|
485
Kimco Realty
KIM
$16.2B
| $19.9M | 0.06% |
+867,551
| New | +$19.7M |
|
486
Designer Brands
DBI
$297M
| $19.8M | 0.05% |
709,289
-459,868
| -39% | -$14.5M |
|
|
TRNX
487
DELISTED
TORNIER N V SHARES (NLD)
TRNX
| $19.8M | 0.05% |
846,522
-235,358
| -22% | -$4.89M |
|
488
IQVIA
IQV
$42.8B
| $19.7M | 0.05% |
369,943
+160,084
| +76% | +$8.08M |
|
489
Mondelez International
MDLZ
$82.6B
| $19.7M | 0.05% |
523,404
-373,462
| -42% | -$13.7M |
|
490
Gentex
GNTX
$4.97B
| $19.6M | 0.05% |
1,349,626
+958,128
| +245% | +$14M |
|
|
SUNE
491
DELISTED
SUNEDISON, INC COM
SUNE
| $19.6M | 0.05% |
866,305
-569,058
| -40% | -$11.1M |
|
492
Meritage Homes
MTH
$4.73B
| $19.5M | 0.05% |
925,646
+240,120
| +35% | +$4.87M |
|
493
Rockwell Automation
ROK
$47.7B
| $19.5M | 0.05% |
156,080
+58,856
| +61% | +$7.25M |
|
494
Target
TGT
$77.2B
| $19.5M | 0.05% |
335,799
+230,946
| +220% | +$13.6M |
|
495
Oneok
OKE
$58.6B
| $19.4M | 0.05% |
284,774
-1,700,451
| -86% | -$108M |
|
|
MEAS
496
DELISTED
MEASUREMENT SPECIALTIES INC
MEAS
| $19.3M | 0.05% |
+224,000
| New | +$15.5M |
|
497
LyondellBasell Industries
LYB
$21.1B
| $19.1M | 0.05% |
196,065
+105,425
| +116% | +$10M |
|
|
SINA
498
DELISTED
Sina Corp
SINA
| $19.1M | 0.05% |
384,620
+96,131
| +33% | +$4.72M |
|
499
General Motors
GM
$76.3B
| $19.1M | 0.05% |
527,230
+270,935
| +106% | +$9.45M |
|
|
TIBX
500
DELISTED
TIBCO SOFTWARE INC
TIBX
| $19.1M | 0.05% |
948,825
+588,851
| +164% | +$11.7M |
|
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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.