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 | |
|---|---|---|---|---|---|---|
851
MBIA
MBI
$250M
| $9.37M | 0.03% |
848,847
-955,134
| -53% | -$11.8M |
|
|
EV
852
DELISTED
Eaton Vance Corp.
EV
| $9.36M | 0.03% |
247,785
+128,273
| +107% | +$4.74M |
|
853
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $9.35M | 0.03% |
153,754
+137,842
| +866% | +$8.1M |
|
854
Fulton Financial
FULT
$4.5B
| $9.32M | 0.03% |
752,615
+428,071
| +132% | +$5.23M |
|
855
Trimble
TRMB
$14.1B
| $9.32M | 0.03% |
252,341
+104,363
| +71% | +$3.9M |
|
|
MITT
856
TPG Mortgage Investment Trust
MITT
$214M
| $9.32M | 0.03% |
164,111
+51,987
| +46% | +$2.87M |
|
|
UFS
857
DELISTED
DOMTAR CORPORATION (New)
UFS
| $9.31M | 0.03% |
+217,176
| New | +$10.2M |
|
858
Crane NXT
CXT
$2.87B
| $9.3M | 0.03% |
360,019
+273,102
| +314% | +$6.9M |
|
|
CQH
859
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $9.28M | 0.03% |
373,674
-327,867
| -47% | -$7.75M |
|
|
LKM
860
DELISTED
Link Motion Inc.
LKM
| $9.23M | 0.03% |
+1,504,027
| New | +$15.8M |
|
|
MNTA
861
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $9.2M | 0.03% |
761,168
-123,680
| -14% | -$1.46M |
|
|
MWV
862
DELISTED
MEADWESTVACO CORP
MWV
| $9.17M | 0.03% |
207,209
-142
| -0.1% | -$5.76K |
|
863
Murphy Oil
MUR
$5.16B
| $9.14M | 0.03% |
137,535
+70,400
| +105% | +$4.41M |
|
864
Liberty Media Series A
FWONA
$24.6B
| $9.14M | 0.03% |
376,443
-228,311
| -38% | -$5.24M |
|
865
CALL
Ulta Beauty
ULTA
$23.2B
| $9.08M | 0.03% |
99,300
-14,500
| -13% | -$1.31M |
|
866
LiveRamp
RAMP
$2.29B
| $9.07M | 0.03% |
418,400
+348,076
| +495% | +$8.98M |
|
867
FedEx
FDX
$79.1B
| $9.06M | 0.03% |
59,864
-48,597
| -45% | -$6.79M |
|
868
Assured Guaranty
AGO
$3.26B
| $9.05M | 0.03% |
369,593
-938,985
| -72% | -$23.3M |
|
|
UIL
869
DELISTED
UIL HOLDINGS
UIL
| $9.05M | 0.03% |
233,897
+12,206
| +6% | +$448K |
|
870
CONMED
CNMD
$1.54B
| $9.04M | 0.03% |
204,871
+14,029
| +7% | +$636K |
|
871
TherapeuticsMD
TXMD
$24M
| $9.04M | 0.03% |
40,900
-3,200
| -7% | -$712K |
|
872
Occidental Petroleum
OXY
$60.1B
| $9.03M | 0.03% |
91,850
-444,072
| -83% | -$41.7M |
|
873
Enviri
NVRI
$595M
| $9.03M | 0.03% |
338,944
+167,397
| +98% | +$4.28M |
|
874
Dover
DOV
$27.4B
| $9.01M | 0.03% |
+122,618
| New | +$8.57M |
|
875
CALL
Newmont
NEM
$139B
| $8.99M | 0.02% |
353,500
-12,400
| -3% | -$299K |
|
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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.