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 | |
|---|---|---|---|---|---|---|
1201
Novartis
NVS
$301B
| $5.11M | 0.01% |
+63,033
| New | +$4.96M |
|
1202
KT
KT
$9.06B
| $5.11M | 0.01% |
337,367
+156,333
| +86% | +$2.37M |
|
1203
WisdomTree Japan Hedged Equity Fund
DXJ
$7.27B
| $5.1M | 0.01% |
103,338
+57,040
| +123% | +$2.7M |
|
|
BDSI
1204
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $5.1M | 0.01% |
422,603
+262,564
| +164% | +$2.49M |
|
1205
Berkshire Hathaway Class B
BRK.B
$1.08T
| $5.1M | 0.01% |
40,290
+23,896
| +146% | +$3.02M |
|
|
SGEN
1206
DELISTED
Seagen Inc. Common Stock
SGEN
| $5.1M | 0.01% |
133,244
+90,996
| +215% | +$3.44M |
|
1207
ESCO Technologies
ESE
$7.32B
| $5.09M | 0.01% |
+146,994
| New | +$5.03M |
|
|
BWP
1208
DELISTED
Boardwalk Pipeline Partners
BWP
| $5.09M | 0.01% |
275,000
+154,000
| +127% | +$2.52M |
|
|
BKS
1209
DELISTED
Barnes & Noble
BKS
| $5.09M | 0.01% |
340,589
-361,928
| -52% | -$4.36M |
|
1210
PUT
lululemon athletica
LULU
$13.4B
| $5.07M | 0.01% |
125,300
-165,300
| -57% | -$7.54M |
|
1211
CALL
Herc Holdings
HRI
$5.28B
| $5.07M | 0.01% |
60,233
+36,100
| +150% | +$3.04M |
|
|
DOC
1212
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $5.04M | 0.01% |
350,256
+86,189
| +33% | +$1.18M |
|
|
ENT
1213
DELISTED
Global Eagle Entertainment Inc.
ENT
| $5.03M | 0.01% |
16,232
+13,133
| +424% | +$3.89M |
|
|
BGC
1214
DELISTED
General Cable Corporation
BGC
| $5.02M | 0.01% |
195,526
-134,287
| -41% | -$3.38M |
|
1215
Northrop Grumman
NOC
$77.8B
| $5.02M | 0.01% |
41,930
+8,500
| +25% | +$1.03M |
|
1216
National Health Investors
NHI
$3.61B
| $5.01M | 0.01% |
80,152
+64,075
| +399% | +$3.95M |
|
|
WWAV
1217
DELISTED
The WhiteWave Foods Company
WWAV
| $5M | 0.01% |
154,595
-399,920
| -72% | -$12M |
|
|
BBBY
1218
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $4.98M | 0.01% |
86,800
-101,300
| -54% | -$6.32M |
|
|
LNKD
1219
DELISTED
LinkedIn Corporation
LNKD
| $4.98M | 0.01% |
29,049
+18,599
| +178% | +$3.01M |
|
|
GLUU
1220
DELISTED
Glu Mobile Inc.
GLUU
| $4.98M | 0.01% |
996,012
-775,102
| -44% | -$3.1M |
|
1221
Digital Turbine
APPS
$1.3B
| $4.98M | 0.01% |
1,260,037
+110,037
| +10% | +$403K |
|
1222
FS KKR Capital
FSK
$3.31B
| $4.95M | 0.01% |
+116,145
| New | +$4.8M |
|
|
1223
PUT
Apple
AAPL
$4.56T
| $4.94M | 0.01% |
212,800
-988,400
| -82% | -$21M |
|
|
TQNT
1224
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $4.94M | 0.01% |
312,444
-155,046
| -33% | -$2.3M |
|
|
TOO
1225
PUT
DELISTED
Teekay Offshore Partners L.P.
TOO
| $4.92M | 0.01% |
136,300
+4,000
| +3% | +$141K |
|
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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.