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 | |
|---|---|---|---|---|---|---|
|
ASPX
626
DELISTED
AUSPEX PHARMACEUTICALS INC COM STK (DE)
ASPX
| $14.7M | 0.04% |
661,361
-236,796
| -26% | -$5.18M |
|
627
Bristol-Myers Squibb
BMY
$137B
| $14.7M | 0.04% |
303,241
-138,299
| -31% | -$6.82M |
|
|
ICPT
628
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $14.6M | 0.04% |
61,700
+13,700
| +29% | +$3.61M |
|
629
MGIC Investment
MTG
$6.38B
| $14.5M | 0.04% |
1,571,379
-1,146,764
| -42% | -$9.96M |
|
|
TWC
630
PUT
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $14.5M | 0.04% |
98,400
-56,600
| -37% | -$7.94M |
|
631
Cogent Communications
CCOI
$486M
| $14.5M | 0.04% |
418,660
+261,984
| +167% | +$9.27M |
|
632
Dine Brands
DIN
$457M
| $14.4M | 0.04% |
181,247
+16,233
| +10% | +$1.28M |
|
|
LGF
633
DELISTED
Lions Gate Entertainment
LGF
| $14.4M | 0.04% |
503,296
-544,634
| -52% | -$14.7M |
|
634
Brown & Brown
BRO
$25B
| $14.4M | 0.04% |
936,002
+909,640
| +3,451% | +$13.7M |
|
635
Eastman Chemical
EMN
$8.31B
| $14.4M | 0.04% |
164,471
+113,771
| +224% | +$9.89M |
|
636
CALL
Archrock
AROC
$5.38B
| $14.3M | 0.04% |
318,400
+313,800
| +6,822% | +$13.6M |
|
|
CAVM
637
DELISTED
Cavium, Inc.
CAVM
| $14.3M | 0.04% |
+287,800
| New | +$13.2M |
|
|
STR
638
DELISTED
QUESTAR CORP
STR
| $14.2M | 0.04% |
574,066
+240,982
| +72% | +$5.72M |
|
639
Elevance Health
ELV
$87.3B
| $14.2M | 0.04% |
+132,216
| New | +$13.6M |
|
640
Iron Mountain
IRM
$36.1B
| $14.2M | 0.04% |
433,339
-555,108
| -56% | -$15.1M |
|
|
AOL
641
DELISTED
AOL INC COMMON STOCK
AOL
| $14.2M | 0.04% |
356,574
+344,076
| +2,753% | +$13.6M |
|
|
SPLS
642
DELISTED
Staples Inc
SPLS
| $14.2M | 0.04% |
1,305,493
+1,146,006
| +719% | +$13.6M |
|
643
Pultegroup
PHM
$24.7B
| $14.1M | 0.04% |
701,624
+429,817
| +158% | +$8.25M |
|
|
HPP
644
Hudson Pacific Properties
HPP
$798M
| $14.1M | 0.04% |
79,452
+54,279
| +216% | +$9.06M |
|
645
Sensata Technologies
ST
$6.11B
| $14.1M | 0.04% |
300,593
+26,200
| +10% | +$1.14M |
|
|
ITC
646
DELISTED
ITC HOLDINGS CORP
ITC
| $14.1M | 0.04% |
+385,373
| New | +$14.2M |
|
647
Fortune Brands Innovations
FBIN
$5.37B
| $14M | 0.04% |
411,129
+28,781
| +8% | +$987K |
|
|
SLCA
648
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $14M | 0.04% |
253,077
-757,682
| -75% | -$35.7M |
|
649
Artisan Partners
APAM
$3.05B
| $14M | 0.04% |
246,136
-587,804
| -70% | -$33.6M |
|
|
PLL
650
DELISTED
PALL CORP
PLL
| $13.9M | 0.04% |
+162,957
| New | +$13.9M |
|
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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.