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 | |
|---|---|---|---|---|---|---|
|
HLSS
601
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| $15.4M | 0.04% |
679,215
-85,240
| -11% | -$1.88M |
|
602
Texas Capital Bancshares
TCBI
$4.26B
| $15.4M | 0.04% |
+285,475
| New | +$16M |
|
603
Labcorp
LH
$27.5B
| $15.4M | 0.04% |
174,884
+126,776
| +264% | +$11M |
|
|
ARI
604
Apollo Commercial Real Estate
ARI
$883M
| $15.3M | 0.04% |
+928,994
| New | +$15.5M |
|
605
Texas Roadhouse
TXRH
$13.5B
| $15.3M | 0.04% |
587,740
-81,561
| -12% | -$2.07M |
|
606
Lincoln National
LNC
$8.11B
| $15.2M | 0.04% |
295,059
+103,993
| +54% | +$5.14M |
|
607
CALL
AstraZeneca
AZN
$259B
| $15.2M | 0.04% |
204,100
+2,900
| +1% | +$210K |
|
608
Parker-Hannifin
PH
$128B
| $15.1M | 0.04% |
120,439
+57,952
| +93% | +$7.22M |
|
609
Capri Holdings
CPRI
$1.55B
| $15.1M | 0.04% |
170,530
-125,166
| -42% | -$11.5M |
|
610
Vodafone
VOD
$36.9B
| $15.1M | 0.04% |
452,063
-497,676
| -52% | -$17.6M |
|
|
HUB.B
611
DELISTED
HUBBELL INC CL-B
HUB.B
| $15.1M | 0.04% |
122,246
+105,111
| +613% | +$12.4M |
|
612
Abercrombie & Fitch
ANF
$4.99B
| $15M | 0.04% |
347,624
+30,648
| +10% | +$1.18M |
|
613
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $15M | 0.04% |
+300,000
| New | +$14.2M |
|
614
American Airlines Group
AAL
$9.02B
| $15M | 0.04% |
349,051
-771,210
| -69% | -$30.1M |
|
|
VISN
615
Vistance Networks Inc
VISN
$2.5B
| $15M | 0.04% |
648,263
+469,661
| +263% | +$11.7M |
|
|
MACK
616
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $15M | 0.04% |
261,266
+222,134
| +568% | +$11.3M |
|
|
SWFT
617
DELISTED
Swift Transportation Company
SWFT
| $15M | 0.04% |
593,450
-1,976,636
| -77% | -$47.9M |
|
618
Molson Coors Class B
TAP
$8.02B
| $14.9M | 0.04% |
201,376
+102,167
| +103% | +$6.58M |
|
619
Synopsys
SNPS
$75.5B
| $14.9M | 0.04% |
384,344
+105,571
| +38% | +$4.03M |
|
620
Assurant
AIZ
$14.2B
| $14.9M | 0.04% |
227,444
+169,828
| +295% | +$11.4M |
|
621
United Natural Foods
UNFI
$2.94B
| $14.9M | 0.04% |
228,350
+119,007
| +109% | +$7.96M |
|
622
Cisco
CSCO
$434B
| $14.9M | 0.04% |
598,021
-2,184
| -0.4% | -$52.1K |
|
|
EVHC
623
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $14.8M | 0.04% |
137,762
-115,127
| -46% | -$11.8M |
|
|
ASRT
624
DELISTED
Assertio
ASRT
| $14.7M | 0.04% |
17,678
-20,307
| -53% | -$15.6M |
|
625
Hanover Insurance
THG
$7.92B
| $14.7M | 0.04% |
233,390
+47,054
| +25% | +$2.86M |
|
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.