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 | |
|---|---|---|---|---|---|---|
1026
Mettler-Toledo International
MTD
$28B
| $6.63M | 0.02% |
26,203
-81,679
| -76% | -$19.6M |
|
|
LTC
1027
LTC Properties
LTC
$2.18B
| $6.63M | 0.02% |
169,759
+107,284
| +172% | +$4.18M |
|
1028
Tandem Diabetes Care
TNDM
$1.55B
| $6.63M | 0.02% |
40,750
-688
| -2% | -$117K |
|
|
MOVE
1029
DELISTED
MOVE INC COM STK NEW (DE)
MOVE
| $6.63M | 0.02% |
447,964
+127,302
| +40% | +$1.54M |
|
1030
CALL
Booking.com
BKNG
$160B
| $6.62M | 0.02% |
137,500
+127,500
| +1,275% | +$6.12M |
|
1031
Invesco Mortgage Capital
IVR
$805M
| $6.57M | 0.02% |
37,844
+21,246
| +128% | +$3.64M |
|
|
NUAN
1032
DELISTED
Nuance Communications, Inc.
NUAN
| $6.53M | 0.02% |
401,700
+285,738
| +246% | +$4.14M |
|
1033
Nu Skin
NUS
$232M
| $6.51M | 0.02% |
+88,022
| New | +$6.94M |
|
|
UPL
1034
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $6.51M | 0.02% |
219,177
-1,625,986
| -88% | -$46.2M |
|
|
XCO
1035
PUT
DELISTED
Exco Resources
XCO
| $6.5M | 0.02% |
+73,613
| New | +$6.25M |
|
|
EMES
1036
PUT
DELISTED
Emerge Energy Services LP
EMES
| $6.5M | 0.02% |
+61,400
| New | +$5.32M |
|
|
FTR
1037
DELISTED
Frontier Communications Corp.
FTR
| $6.49M | 0.02% |
74,104
+68,548
| +1,234% | +$5.93M |
|
|
MRO
1038
CALL
DELISTED
Marathon Oil Corporation
MRO
| $6.48M | 0.02% |
162,400
-5,100
| -3% | -$188K |
|
1039
Upbound Group
UPBD
$1.12B
| $6.48M | 0.02% |
225,841
+215,839
| +2,158% | +$6.1M |
|
1040
Rigel Pharmaceuticals
RIGL
$843M
| $6.46M | 0.02% |
178,092
-48,436
| -21% | -$1.65M |
|
1041
Sarepta Therapeutics
SRPT
$1.92B
| $6.46M | 0.02% |
217,017
+196,357
| +950% | +$6.21M |
|
|
PVA
1042
CALL
DELISTED
PENN VIRGINIA CORP
PVA
| $6.46M | 0.02% |
+381,300
| New | +$6.05M |
|
|
TSRO
1043
DELISTED
TESARO, Inc.
TSRO
| $6.46M | 0.02% |
207,636
-286,780
| -58% | -$7.64M |
|
1044
Brunswick
BC
$5.26B
| $6.46M | 0.02% |
+153,316
| New | +$6.47M |
|
|
CKEC
1045
DELISTED
Carmike Cinemas Inc
CKEC
| $6.46M | 0.02% |
183,798
+144,018
| +362% | +$4.68M |
|
1046
TC Energy
TRP
$64.7B
| $6.45M | 0.02% |
135,075
+115,660
| +596% | +$5.4M |
|
1047
MSCI
MSCI
$41.5B
| $6.43M | 0.02% |
140,283
-118,668
| -46% | -$5.11M |
|
1048
America Movil
AMX
$71.3B
| $6.43M | 0.02% |
309,853
+31,616
| +11% | +$633K |
|
|
WBA
1049
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $6.43M | 0.02% |
+86,700
| New | +$6.06M |
|
1050
AMC Global Media
AMCX
$512M
| $6.42M | 0.02% |
104,464
+69,464
| +198% | +$4.44M |
|
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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.