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 | |
|---|---|---|---|---|---|---|
|
STJ
926
CALL
DELISTED
St Jude Medical
STJ
| $11M | 0.02% |
150,000
+35,300
| +31% | +$2.55M |
|
927
Sunstone Hotel Investors
SHO
$2.1B
| $11M | 0.02% |
729,971
-599,230
| -45% | -$9.42M |
|
928
Compass Minerals
CMP
$1.03B
| $11M | 0.02% |
133,355
-107,524
| -45% | -$9.47M |
|
929
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$361M
| $10.9M | 0.02% |
100,000
| – | – |
|
930
Deluxe
DLX
$1.1B
| $10.9M | 0.02% |
176,500
+157,098
| +810% | +$10.3M |
|
931
Old Dominion Freight Line
ODFL
$41.8B
| $10.9M | 0.02% |
477,840
+369,423
| +341% | +$8.79M |
|
932
Newell Brands
NWL
$2.59B
| $10.9M | 0.02% |
+265,665
| New | +$10.6M |
|
933
Progressive
PGR
$130B
| $10.9M | 0.02% |
+391,843
| New | +$10.7M |
|
934
MSCI
MSCI
$41.5B
| $10.9M | 0.02% |
+177,059
| New | +$11M |
|
935
SITE Centers
SITC
$161M
| $10.9M | 0.02% |
546,068
+194,548
| +55% | +$4.31M |
|
|
PINC
936
DELISTED
Premier
PINC
| $10.9M | 0.02% |
282,518
+192,518
| +214% | +$7.23M |
|
|
SPN
937
DELISTED
Superior Energy Services, Inc.
SPN
| $10.9M | 0.02% |
51,640
+14,034
| +37% | +$3.28M |
|
|
WCG
938
DELISTED
Wellcare Health Plans, Inc.
WCG
| $10.8M | 0.02% |
127,704
-408,012
| -76% | -$34.5M |
|
|
PMC
939
DELISTED
PharMerica Corporation
PMC
| $10.8M | 0.02% |
324,885
-10,173
| -3% | -$312K |
|
940
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $10.8M | 0.02% |
+200,000
| New | +$11.2M |
|
941
New Jersey Resources
NJR
$5.45B
| $10.8M | 0.02% |
+392,167
| New | +$11.7M |
|
|
LLL
942
DELISTED
L3 Technologies, Inc.
LLL
| $10.8M | 0.02% |
95,286
-301,008
| -76% | -$35.9M |
|
|
SYT
943
DELISTED
Syngenta Ag
SYT
| $10.8M | 0.02% |
132,060
-99,519
| -43% | -$8M |
|
|
LTRPA
944
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.7M | 0.02% |
332,660
+227,882
| +217% | +$6.91M |
|
945
Citizens Financial Group
CFG
$29.6B
| $10.7M | 0.02% |
391,577
-2,638,711
| -87% | -$69.9M |
|
946
Healthpeak Properties
DOC
$14.9B
| $10.7M | 0.02% |
321,589
-707,920
| -69% | -$25.8M |
|
947
Albemarle
ALB
$16.7B
| $10.7M | 0.02% |
193,111
+179,386
| +1,307% | +$10.7M |
|
|
VRNT
948
DELISTED
Verint Systems
VRNT
| $10.6M | 0.02% |
+343,922
| New | +$11.1M |
|
|
N
949
DELISTED
Netsuite Inc
N
| $10.6M | 0.02% |
115,545
-2,377
| -2% | -$225K |
|
950
Commercial Metals
CMC
$7.18B
| $10.5M | 0.02% |
+655,005
| New | +$10.7M |
|
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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.