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 | |
|---|---|---|---|---|---|---|
951
Jack in the Box
JACK
$342M
| $7.9M | 0.02% |
131,952
-423,540
| -76% | -$24.3M |
|
952
Healthpeak Properties
DOC
$14.9B
| $7.89M | 0.02% |
209,277
-1,739,481
| -89% | -$65.5M |
|
953
CALL
iShares China Large-Cap ETF
FXI
$4.24B
| $7.87M | 0.02% |
+212,400
| New | +$7.7M |
|
954
CubeSmart
CUBE
$9.21B
| $7.85M | 0.02% |
428,336
-1,138,099
| -73% | -$20.7M |
|
|
KOG
955
DELISTED
KODIAK OIL & GAS CORP
KOG
| $7.83M | 0.02% |
538,358
-21,506
| -4% | -$280K |
|
956
Humana
HUM
$46.4B
| $7.82M | 0.02% |
61,201
-58,822
| -49% | -$6.97M |
|
957
Standard BioTools
LAB
$263M
| $7.8M | 0.02% |
265,391
+232,750
| +713% | +$7.46M |
|
958
Fossil Group
FOSL
$329M
| $7.8M | 0.02% |
74,609
-177,749
| -70% | -$19M |
|
959
FerroAtlántica
GSM
$757M
| $7.79M | 0.02% |
374,970
-4,764
| -1% | -$95.8K |
|
|
XNPT
960
DELISTED
XENOPORT, INC.
XNPT
| $7.78M | 0.02% |
1,611,438
-921,039
| -36% | -$3.91M |
|
|
CBI
961
DELISTED
Chicago Bridge & Iron Nv
CBI
| $7.77M | 0.02% |
113,960
-23,301
| -17% | -$1.85M |
|
962
EnerSys
ENS
$6.76B
| $7.71M | 0.02% |
112,136
+80,886
| +259% | +$5.5M |
|
963
Southwest Airlines
LUV
$19.9B
| $7.71M | 0.02% |
287,143
-55,881
| -16% | -$1.41M |
|
|
GPT
964
DELISTED
Gramercy Property Trust
GPT
| $7.71M | 0.02% |
424,602
+383,841
| +942% | +$6.38M |
|
965
Installed Building Products
IBP
$6.51B
| $7.7M | 0.02% |
+628,136
| New | +$8.37M |
|
966
AtriCure
ATRC
$2.51B
| $7.69M | 0.02% |
418,162
-306,336
| -42% | -$5.1M |
|
|
BHI
967
PUT
DELISTED
Baker Hughes
BHI
| $7.68M | 0.02% |
103,200
-37,700
| -27% | -$2.62M |
|
968
Newmont
NEM
$139B
| $7.68M | 0.02% |
301,831
-400,535
| -57% | -$9.65M |
|
969
SL Green Realty
SLG
$4.15B
| $7.68M | 0.02% |
+72,492
| New | +$7.49M |
|
|
RXDX
970
DELISTED
Ignyta, Inc.
RXDX
| $7.66M | 0.02% |
842,412
-313,114
| -27% | -$2.39M |
|
|
CELG
971
CALL
DELISTED
Celgene Corp
CELG
| $7.64M | 0.02% |
+89,000
| New | +$6.77M |
|
972
Hawaiian Electric Industries
HE
$1.97B
| $7.64M | 0.02% |
301,647
+223,606
| +287% | +$5.44M |
|
|
DNKN
973
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $7.63M | 0.02% |
166,533
+105,722
| +174% | +$4.85M |
|
974
Ventas
VTR
$47.9B
| $7.63M | 0.02% |
104,212
-321,738
| -76% | -$23.9M |
|
975
American Express
AXP
$228B
| $7.63M | 0.02% |
80,375
-53,003
| -40% | -$4.78M |
|
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.