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 |
PPL
PPL Corp
PPL
|
+$304M |
| 2 |
SWN
Southwestern Energy Company
SWN
|
+$207M |
| 3 |
Biogen
BIIB
|
+$177M |
| 4 |
MON
Monsanto Co
MON
|
+$164M |
| 5 |
BNY
Bank of New York Mellon
BNY
|
+$153M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceuticals
TEVA
|
+$412M |
| 2 |
Pfizer
PFE
|
+$283M |
| 3 |
Devon Energy
DVN
|
+$194M |
| 4 |
Valero Energy
VLO
|
+$187M |
| 5 |
Altria Group
MO
|
+$174M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.04% |
| 2 | Energy | 12.07% |
| 3 | Financials | 9.11% |
| 4 | Consumer Discretionary | 8.85% |
| 5 | Industrials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Broadcom
AVGO
$1.75T
| $97.7M | 0.18% |
7,351,890
+965,860
| +15% | +$12.7M |
|
|
CIE
102
DELISTED
Cobalt International Energy, Inc
CIE
| $97.1M | 0.18% |
666,358
+17,389
| +3% | +$2.69M |
|
|
LM
103
DELISTED
Legg Mason, Inc.
LM
| $96.4M | 0.18% |
1,869,930
+1,294,977
| +225% | +$69.8M |
|
|
SNV
104
DELISTED
Synovus
SNV
| $95.5M | 0.18% |
3,098,599
+310,435
| +11% | +$8.98M |
|
|
NUVA
105
DELISTED
NuVasive, Inc.
NUVA
| $95.2M | 0.18% |
2,009,300
+559,380
| +39% | +$26.2M |
|
|
RDC
106
DELISTED
Rowan Companies Plc
RDC
| $94.3M | 0.18% |
4,465,530
+2,820,076
| +171% | +$59.7M |
|
107
Check Point Software Technologies
CHKP
$13.3B
| $94.1M | 0.18% |
1,182,284
+470,859
| +66% | +$39.8M |
|
|
APC
108
DELISTED
Anadarko Petroleum
APC
| $92.4M | 0.17% |
1,183,105
-1,609,889
| -58% | -$139M |
|
109
Zoetis
ZTS
$32.1B
| $91.8M | 0.17% |
1,904,805
+236,658
| +14% | +$11.3M |
|
110
Graphic Packaging
GPK
$3.54B
| $91.8M | 0.17% |
6,587,387
+1,959,080
| +42% | +$28.1M |
|
111
Autodesk
ADSK
$53.6B
| $90.4M | 0.17% |
1,805,140
+32,715
| +2% | +$1.87M |
|
112
Netflix
NFLX
$331B
| $90.2M | 0.17% |
9,608,900
-1,114,400
| -10% | -$9.33M |
|
113
Newmont
NEM
$139B
| $89.9M | 0.17% |
3,848,756
+1,289,444
| +50% | +$32.2M |
|
114
Global Payments
GPN
$24.7B
| $88.8M | 0.17% |
1,717,696
-900,026
| -34% | -$46.2M |
|
|
TWC
115
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $88.7M | 0.17% |
+498,102
| New | +$82.5M |
|
|
KRFT
116
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $88.4M | 0.17% |
1,038,808
+200,389
| +24% | +$17.2M |
|
|
K
117
DELISTED
Kellanova
K
| $88.3M | 0.17% |
1,499,296
+954,102
| +175% | +$57M |
|
|
AET
118
DELISTED
Aetna Inc
AET
| $88.2M | 0.17% |
691,855
+390,192
| +129% | +$44.5M |
|
119
Medtronic
MDT
$119B
| $88M | 0.17% |
1,188,103
-1,178,307
| -50% | -$90M |
|
120
Perrigo
PRGO
$1.98B
| $86.6M | 0.16% |
468,323
+448,175
| +2,224% | +$85.4M |
|
121
Jack in the Box
JACK
$331M
| $86.1M | 0.16% |
976,747
+393,604
| +67% | +$35.4M |
|
|
VMRK
122
Vivmark Residential
VMRK
$25B
| $85.9M | 0.16% |
1,223,608
-3,550
| -0.3% | -$263K |
|
123
CALL
Danaher
DHR
$154B
| $85.6M | 0.16% |
+1,487,832
| New | +$85.2M |
|
124
RTX Corp
RTX
$283B
| $85.2M | 0.16% |
1,220,424
-264,984
| -18% | -$19.4M |
|
|
UMPQ
125
DELISTED
Umpqua Holdings Corp
UMPQ
| $84.8M | 0.16% |
4,710,998
-1,166,347
| -20% | -$20.6M |
|
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Israel Englander's Q2 2015 Portfolio in Review
As of Q2 2015, Israel Englander held 4,294 positions worth $52.9B, down 1.6% from $53.7B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Israel Englander's Q2 2015 filing shows 780 new, 1,199 increased, 1,223 reduced and 1,034 closed positions. Its largest new stake was Charter Communications: 575,958 shares worth $98.6M. The largest sale was Teva Pharmaceuticals, an estimated $412M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 16% a quarter earlier, followed by Energy and Financials.
- Israel Englander's largest Q2 2015 buy was Charter Communications: 575,958 shares worth $98.6M.
- Israel Englander added most to PPL Corp in Q2 2015, an estimated $304M increase.
- Israel Englander's biggest Q2 2015 reduction was Teva Pharmaceuticals, cutting an estimated $412M.
- Israel Englander fully exited SALIX PHARMACEUTICALS LTD DEL in Q2 2015, selling an estimated $145M.
- Israel Englander's ten largest holdings make up 11% of its $52.9B portfolio in Q2 2015.
- Israel Englander opened 780 new positions and closed 1,034 in Q2 2015.
- Israel Englander's portfolio value fell 1.6% quarter-over-quarter to $52.9B.
Based on Millennium Management's 13F filing for Q2 2015, filed 14 Aug 2015.