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 | |
|---|---|---|---|---|---|---|
501
Eaton
ETN
$159B
| $25.9M | 0.05% |
383,616
+289,779
| +309% | +$20.5M |
|
|
HT
502
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $25.8M | 0.05% |
1,007,375
+219,521
| +28% | +$5.68M |
|
|
IPXL
503
DELISTED
Impax Laboratories, Inc.
IPXL
| $25.8M | 0.05% |
561,783
+204,457
| +57% | +$9.7M |
|
504
Masco
MAS
$14.4B
| $25.7M | 0.05% |
1,097,701
+140,464
| +15% | +$3.33M |
|
505
AutoNation
AN
$6.45B
| $25.7M | 0.05% |
407,773
+49,572
| +14% | +$3.15M |
|
506
Micron Technology
MU
$1.03T
| $25.5M | 0.05% |
1,353,962
-1,032,360
| -43% | -$27.5M |
|
|
GNRT
507
DELISTED
Gener8 Maritime, Inc.
GNRT
| $25.5M | 0.05% |
+1,867,911
| New | +$25.1M |
|
508
Dick's Sporting Goods
DKS
$16.1B
| $25.4M | 0.05% |
491,328
+43,225
| +10% | +$2.38M |
|
|
ARMH
509
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $25.4M | 0.05% |
516,162
+429,802
| +498% | +$22.4M |
|
|
ADPT
510
DELISTED
Adeptus Health Inc
ADPT
| $25.3M | 0.05% |
266,245
+72,733
| +38% | +$5.01M |
|
511
United Rentals
URI
$67.4B
| $25.3M | 0.05% |
+288,468
| New | +$27.6M |
|
512
Petrobras
PBR
$120B
| $25.2M | 0.05% |
2,786,356
+2,663,323
| +2,165% | +$23.8M |
|
513
Genworth Financial
GNW
$3.74B
| $25.2M | 0.05% |
3,327,377
+1,879,280
| +130% | +$15M |
|
514
Thomson Reuters
TRI
$47.1B
| $25M | 0.05% |
+566,940
| New | +$26.6M |
|
515
Huntington Bancshares
HBAN
$34.4B
| $25M | 0.05% |
+2,214,119
| New | +$24.8M |
|
516
Flotek Industries
FTK
$866M
| $25M | 0.05% |
333,010
+21,574
| +7% | +$1.75M |
|
517
Crane NXT
CXT
$2.87B
| $25M | 0.05% |
1,224,822
-1,050,210
| -46% | -$22.4M |
|
518
Highwoods Properties
HIW
$3.5B
| $24.9M | 0.05% |
623,939
-523,764
| -46% | -$22.5M |
|
519
Domino's
DPZ
$11.5B
| $24.9M | 0.05% |
219,642
+192,461
| +708% | +$20.7M |
|
|
TGI
520
DELISTED
Triumph Group
TGI
| $24.7M | 0.05% |
374,058
+233,531
| +166% | +$15.1M |
|
|
IDTI
521
DELISTED
Integrated Device Technology I
IDTI
| $24.7M | 0.05% |
1,136,976
-159,162
| -12% | -$3.43M |
|
522
Union Pacific
UNP
$184B
| $24.6M | 0.05% |
258,287
-510,529
| -66% | -$53.2M |
|
523
HUB Group
HUBG
$2.46B
| $24.6M | 0.05% |
1,220,128
-131,076
| -10% | -$2.68M |
|
|
ALR
524
DELISTED
Alere Inc
ALR
| $24.6M | 0.05% |
466,021
+39,963
| +9% | +$2.01M |
|
525
CALL
Abbott
ABT
$202B
| $24.5M | 0.05% |
+500,000
| New | +$24M |
|
Similar funds
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.