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 | |
|---|---|---|---|---|---|---|
|
PRXL
1001
DELISTED
Parexel International Corp
PRXL
| $7.07M | 0.02% |
133,762
+53,140
| +66% | +$2.67M |
|
1002
CALL
Deutsche Bank
DB
$72.2B
| $7.04M | 0.02% |
224,000
+204,868
| +1,071% | +$7.31M |
|
1003
PUT
Inovio Pharmaceuticals
INO
$129M
| $7.04M | 0.02% |
+54,225
| New | +$6.4M |
|
1004
Steris
STE
$23.2B
| $7.03M | 0.02% |
131,446
+121,446
| +1,214% | +$6.25M |
|
1005
Service Corp International
SCI
$11.5B
| $7.03M | 0.02% |
339,105
+223,254
| +193% | +$4.36M |
|
|
ADT
1006
PUT
DELISTED
ADT Corp
ADT
| $7M | 0.02% |
200,200
-100,500
| -33% | -$3.22M |
|
|
SCTY
1007
DELISTED
SolarCity Corporation
SCTY
| $6.99M | 0.02% |
99,061
+89,461
| +932% | +$5.02M |
|
|
UBA
1008
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $6.94M | 0.02% |
+332,304
| New | +$6.84M |
|
1009
West Pharmaceutical
WST
$24.9B
| $6.93M | 0.02% |
164,369
-24,059
| -13% | -$1.03M |
|
|
SRCL
1010
DELISTED
Stericycle Inc
SRCL
| $6.9M | 0.02% |
58,284
-64,364
| -52% | -$7.37M |
|
|
ANAC
1011
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $6.89M | 0.02% |
388,513
-38,984
| -9% | -$628K |
|
|
SOHU
1012
Sohu.com
SOHU
$379M
| $6.89M | 0.02% |
119,363
+7,709
| +7% | +$450K |
|
1013
Yelp
YELP
$1.29B
| $6.88M | 0.02% |
89,685
-89,543
| -50% | -$5.83M |
|
|
ABCO
1014
DELISTED
Advisory Board Co
ABCO
| $6.86M | 0.02% |
132,357
+96,117
| +265% | +$5.2M |
|
|
BIN
1015
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $6.84M | 0.02% |
266,469
+191,239
| +254% | +$4.85M |
|
1016
Ionis Pharmaceuticals
IONS
$10.3B
| $6.83M | 0.02% |
198,138
-10,243
| -5% | -$323K |
|
1017
Oxford Industries
OXM
$546M
| $6.8M | 0.02% |
+102,019
| New | +$6.88M |
|
|
MASI
1018
DELISTED
Masimo
MASI
| $6.8M | 0.02% |
288,153
+268,153
| +1,341% | +$6.65M |
|
|
LMNX
1019
DELISTED
Luminex Corp
LMNX
| $6.8M | 0.02% |
396,308
+316,308
| +395% | +$5.57M |
|
1020
Provident Financial Services
PFS
$3.07B
| $6.77M | 0.02% |
391,057
+374,875
| +2,317% | +$6.51M |
|
1021
Saia
SAIA
$9.32B
| $6.77M | 0.02% |
154,111
+19,501
| +14% | +$809K |
|
1022
CALL
Applied Materials
AMAT
$384B
| $6.76M | 0.02% |
+300,000
| New | +$6.12M |
|
|
RGC
1023
DELISTED
Regal Entertainment Group
RGC
| $6.71M | 0.02% |
+318,200
| New | +$6.22M |
|
|
SUSQ
1024
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $6.7M | 0.02% |
634,777
-37,152
| -6% | -$388K |
|
1025
CALL
Range Resources
RRC
$9.64B
| $6.67M | 0.02% |
+76,700
| New | +$6.86M |
|
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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.