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 | |
|---|---|---|---|---|---|---|
|
SNV
576
DELISTED
Synovus
SNV
| $16.1M | 0.04% |
659,439
+178,520
| +37% | +$4.16M |
|
|
XLS
577
DELISTED
EXELIS INC COM STK
XLS
| $16M | 0.04% |
1,012,251
+298,540
| +42% | +$4.92M |
|
|
SLCA
578
CALL
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $16M | 0.04% |
+289,200
| New | +$13.6M |
|
|
HOLX
579
DELISTED
Hologic
HOLX
| $16M | 0.04% |
632,187
+145,432
| +30% | +$3.4M |
|
580
PUT
Nabors Industries
NBR
$1.31B
| $16M | 0.04% |
+10,912
| New | +$14.1M |
|
581
CoStar Group
CSGP
$13.3B
| $16M | 0.04% |
1,012,990
-108,420
| -10% | -$1.76M |
|
|
INFA
582
DELISTED
INFORMATICA CORP
INFA
| $16M | 0.04% |
449,431
+36,536
| +9% | +$1.35M |
|
583
Globus Medical
GMED
$11.3B
| $16M | 0.04% |
669,296
+418,355
| +167% | +$10.1M |
|
584
Southern Company
SO
$104B
| $16M | 0.04% |
+352,727
| New | +$15.6M |
|
|
RESI
585
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $16M | 0.04% |
612,915
+511,101
| +502% | +$14.2M |
|
586
DTE Energy
DTE
$28.2B
| $15.9M | 0.04% |
239,637
-1,648,747
| -87% | -$107M |
|
587
Kohl's
KSS
$2.08B
| $15.8M | 0.04% |
300,636
+74,080
| +33% | +$4.01M |
|
588
Highwoods Properties
HIW
$3.5B
| $15.8M | 0.04% |
377,065
+255,960
| +211% | +$10.3M |
|
589
Brixmor Property Group
BRX
$9.08B
| $15.7M | 0.04% |
+686,170
| New | +$15.1M |
|
590
Snap-on
SNA
$20.4B
| $15.7M | 0.04% |
132,694
+120,064
| +951% | +$13.9M |
|
|
PSB
591
DELISTED
PS Business Parks, Inc.
PSB
| $15.7M | 0.04% |
188,352
+164,865
| +702% | +$13.9M |
|
592
LXP Industrial Trust
LXP
$3.6B
| $15.7M | 0.04% |
284,509
+132,845
| +88% | +$7.36M |
|
593
CALL
Constellation Brands
STZ
$23.5B
| $15.7M | 0.04% |
177,700
-52,900
| -23% | -$4.37M |
|
594
Conagra Brands
CAG
$8B
| $15.6M | 0.04% |
677,078
-207,188
| -23% | -$5.01M |
|
595
CALL
Devon Energy
DVN
$53.1B
| $15.6M | 0.04% |
196,900
+2,200
| +1% | +$160K |
|
|
NFX
596
PUT
DELISTED
Newfield Exploration
NFX
| $15.6M | 0.04% |
352,500
+157,700
| +81% | +$5.66M |
|
|
HSH
597
DELISTED
HILLSHIRE BRANDS CO
HSH
| $15.6M | 0.04% |
250,046
-1,443,686
| -85% | -$65.3M |
|
598
Prothena Corp
PRTA
$482M
| $15.6M | 0.04% |
690,131
-50,954
| -7% | -$1.27M |
|
599
Caterpillar
CAT
$373B
| $15.5M | 0.04% |
142,950
-343,231
| -71% | -$36M |
|
600
Radian Group
RDN
$4.86B
| $15.5M | 0.04% |
1,046,643
-1,302,179
| -55% | -$19M |
|
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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.