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 | |
|---|---|---|---|---|---|---|
|
ARGO
1051
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $6.42M | 0.02% |
174,679
-253,778
| -59% | -$8.64M |
|
1052
Check Point Software Technologies
CHKP
$13.3B
| $6.41M | 0.02% |
95,654
+64,154
| +204% | +$4.22M |
|
1053
iShares US Home Construction ETF
ITB
$2.28B
| $6.4M | 0.02% |
258,100
+240,548
| +1,370% | +$5.74M |
|
1054
Goodyear
GT
$1.73B
| $6.39M | 0.02% |
229,865
-534,172
| -70% | -$13.9M |
|
|
SHPG
1055
PUT
DELISTED
Shire pic
SHPG
| $6.38M | 0.02% |
+27,100
| New | +$4.71M |
|
|
HSNI
1056
DELISTED
HSN, Inc.
HSNI
| $6.38M | 0.02% |
107,687
-19,968
| -16% | -$1.13M |
|
1057
Newell Brands
NWL
$2.59B
| $6.34M | 0.02% |
204,498
-2,716,969
| -93% | -$81.3M |
|
1058
GameStop
GME
$8.09B
| $6.31M | 0.02% |
623,384
+588,180
| +1,671% | +$5.76M |
|
1059
CALL
Insmed
INSM
$27.1B
| $6.3M | 0.02% |
315,100
-170,500
| -35% | -$2.52M |
|
|
VGR
1060
DELISTED
Vector Group Ltd.
VGR
| $6.29M | 0.02% |
574,677
+293,543
| +104% | +$3.22M |
|
1061
lululemon athletica
LULU
$13.9B
| $6.29M | 0.02% |
155,372
-13,466
| -8% | -$614K |
|
|
NPSP
1062
PUT
DELISTED
NPS PHARMACEUTICALS INC
NPSP
| $6.28M | 0.02% |
+190,100
| New | +$5.49M |
|
1063
UDR
UDR
$12.3B
| $6.27M | 0.02% |
219,050
-424,144
| -66% | -$11.4M |
|
|
AL
1064
DELISTED
Air Lease Corp
AL
| $6.25M | 0.02% |
162,121
-61,542
| -28% | -$2.36M |
|
1065
Kratos Defense & Security Solutions
KTOS
$9.96B
| $6.25M | 0.02% |
801,474
-110,738
| -12% | -$860K |
|
|
JASO
1066
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $6.25M | 0.02% |
575,151
+510,555
| +790% | +$5.17M |
|
1067
Lincoln Electric
LECO
$15.4B
| $6.24M | 0.02% |
89,353
+60,398
| +209% | +$4.1M |
|
1068
St. Joe Company
JOE
$3.99B
| $6.24M | 0.02% |
+245,283
| New | +$5.27M |
|
|
FNBC
1069
DELISTED
First NBC Bank Holding Company
FNBC
| $6.23M | 0.02% |
185,995
-220,954
| -54% | -$7.23M |
|
|
UMPQ
1070
DELISTED
Umpqua Holdings Corp
UMPQ
| $6.23M | 0.02% |
347,703
+51,742
| +17% | +$899K |
|
|
PMC
1071
DELISTED
PharMerica Corporation
PMC
| $6.22M | 0.02% |
217,721
+137,018
| +170% | +$3.81M |
|
1072
Agnico Eagle Mines
AEM
$110B
| $6.22M | 0.02% |
162,367
-536,034
| -77% | -$17.1M |
|
1073
Stewart Information Services
STC
$2.13B
| $6.22M | 0.02% |
+200,517
| New | +$6.41M |
|
1074
The Greenbrier Companies
GBX
$1.43B
| $6.21M | 0.02% |
107,815
+42,551
| +65% | +$2.22M |
|
1075
PUT
Best Buy
BBY
$18.4B
| $6.17M | 0.02% |
199,100
-167,000
| -46% | -$4.5M |
|
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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.