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 | |
|---|---|---|---|---|---|---|
1226
Westlake Corp
WLK
$9.66B
| $4.92M | 0.01% |
58,693
-547,075
| -90% | -$41M |
|
1227
MSC Industrial Direct
MSM
$6.61B
| $4.91M | 0.01% |
51,320
+38,290
| +294% | +$3.48M |
|
|
HT
1228
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.89M | 0.01% |
182,318
-259,502
| -59% | -$6.35M |
|
|
CIR
1229
DELISTED
CIRCOR International, Inc
CIR
| $4.89M | 0.01% |
63,442
+43,773
| +223% | +$3.38M |
|
1230
Axos Financial
AX
$5.55B
| $4.89M | 0.01% |
266,348
+186,100
| +232% | +$3.66M |
|
|
RNA
1231
CALL
DELISTED
PROSENSA HLDGS N V ORD SHS (NLD)
RNA
| $4.89M | 0.01% |
+387,600
| New | +$3.15M |
|
1232
PUT
Bristol-Myers Squibb
BMY
$138B
| $4.88M | 0.01% |
+100,700
| New | +$4.96M |
|
1233
State Street Financial Select Sector SPDR ETF
XLF
$56.6B
| $4.88M | 0.01% |
244,339
+201,487
| +470% | +$3.93M |
|
|
LNW
1234
DELISTED
Light & Wonder
LNW
| $4.88M | 0.01% |
438,585
+364,251
| +490% | +$3.93M |
|
|
STKL
1235
DELISTED
SunOpta
STKL
| $4.87M | 0.01% |
345,601
+170,601
| +97% | +$2.12M |
|
1236
CBRE Group
CBRE
$43.7B
| $4.84M | 0.01% |
151,151
-113,377
| -43% | -$3.27M |
|
1237
Enerpac Tool Group
EPAC
$1.9B
| $4.83M | 0.01% |
139,675
+81,974
| +142% | +$2.84M |
|
1238
Jones Lang LaSalle
JLL
$17.7B
| $4.83M | 0.01% |
38,191
-77,176
| -67% | -$9.3M |
|
|
NFX
1239
CALL
DELISTED
Newfield Exploration
NFX
| $4.83M | 0.01% |
109,200
-693,900
| -86% | -$24.9M |
|
|
RHT
1240
DELISTED
Red Hat Inc
RHT
| $4.81M | 0.01% |
87,000
-220,674
| -72% | -$11.2M |
|
|
BPFH
1241
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $4.79M | 0.01% |
356,710
+256,544
| +256% | +$3.29M |
|
1242
Group 1 Automotive
GPI
$3.09B
| $4.79M | 0.01% |
+56,763
| New | +$4.24M |
|
|
FMER
1243
DELISTED
FIRSTMERIT CORP
FMER
| $4.78M | 0.01% |
242,115
-150,145
| -38% | -$2.94M |
|
|
PTLA
1244
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $4.77M | 0.01% |
163,578
-43,009
| -21% | -$1.04M |
|
1245
American Tower
AMT
$82.9B
| $4.76M | 0.01% |
52,899
+25,492
| +93% | +$2.21M |
|
|
RDEN
1246
DELISTED
ELIZABETH ARDEN INC
RDEN
| $4.75M | 0.01% |
221,902
+35,467
| +19% | +$1.02M |
|
|
B
1247
PUT
Barrick Mining
B
$79.7B
| $4.74M | 0.01% |
259,000
-261,300
| -50% | -$4.53M |
|
1248
First Interstate BancSystem
FIBK
$3.53B
| $4.73M | 0.01% |
173,996
+60,559
| +53% | +$1.59M |
|
1249
Sensient Technologies
SXT
$5.78B
| $4.73M | 0.01% |
84,862
+79,066
| +1,364% | +$4.29M |
|
1250
Archer Daniels Midland
ADM
$36.9B
| $4.72M | 0.01% |
106,963
-834,214
| -89% | -$36.9M |
|
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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.