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 | |
|---|---|---|---|---|---|---|
1301
PUT
Comcast
CMCSA
$96.2B
| $4.3M | 0.01% |
160,200
-85,200
| -35% | -$2.19M |
|
1302
Expro Ltd
XPRO
$1.99B
| $4.29M | 0.01% |
29,051
-1,799
| -6% | -$265K |
|
|
NGD
1303
DELISTED
New Gold Inc
NGD
| $4.28M | 0.01% |
672,558
-515,965
| -43% | -$2.78M |
|
1304
CME Group
CME
$99.9B
| $4.28M | 0.01% |
60,300
+300
| +0.5% | +$21.1K |
|
1305
AngloGold Ashanti
AU
$61.8B
| $4.26M | 0.01% |
247,510
+20,800
| +9% | +$355K |
|
1306
Cintas
CTAS
$82B
| $4.22M | 0.01% |
265,952
-411,416
| -61% | -$6.22M |
|
1307
Vanda Pharmaceuticals
VNDA
$329M
| $4.21M | 0.01% |
260,207
+60,207
| +30% | +$802K |
|
|
1308
CALL
PepsiCo
PEP
$195B
| $4.21M | 0.01% |
47,100
-10,900
| -19% | -$941K |
|
1309
PUT
Beazer Homes USA
BZH
$885M
| $4.2M | 0.01% |
200,000
| – | – |
|
|
PXD
1310
DELISTED
Pioneer Natural Resource Co.
PXD
| $4.19M | 0.01% |
18,223
-73,521
| -80% | -$15.2M |
|
|
CIM
1311
Chimera Investment
CIM
$973M
| $4.19M | 0.01% |
87,472
-36,729
| -30% | -$1.73M |
|
|
AVP
1312
DELISTED
Avon Products, Inc.
AVP
| $4.18M | 0.01% |
286,428
-999,681
| -78% | -$14.4M |
|
|
LNKD
1313
PUT
DELISTED
LinkedIn Corporation
LNKD
| $4.18M | 0.01% |
24,400
-3,400
| -12% | -$550K |
|
1314
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $4.18M | 0.01% |
34,343
+6,247
| +22% | +$758K |
|
|
AFSI
1315
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $4.18M | 0.01% |
+200,056
| New | +$4.1M |
|
|
FINL
1316
DELISTED
Finish Line
FINL
| $4.17M | 0.01% |
140,052
-29,511
| -17% | -$838K |
|
|
SPWR
1317
DELISTED
SunPower Corporation Common Stock
SPWR
| $4.16M | 0.01% |
155,012
-74,038
| -32% | -$1.62M |
|
1318
SITE Centers
SITC
$159M
| $4.16M | 0.01% |
183,040
+8,691
| +5% | +$192K |
|
1319
Wolverine World Wide
WWW
$1.69B
| $4.16M | 0.01% |
+159,574
| New | +$4.25M |
|
1320
Advanced Micro Devices
AMD
$781B
| $4.16M | 0.01% |
991,541
+207,874
| +27% | +$842K |
|
1321
Commault Systems
CVLT
$5.44B
| $4.14M | 0.01% |
+84,218
| New | +$4.53M |
|
1322
LeMaitre Vascular
LMAT
$1.81B
| $4.13M | 0.01% |
500,000
+196,717
| +65% | +$1.54M |
|
|
RSO
1323
DELISTED
Resource Capital Corp.
RSO
| $4.13M | 0.01% |
183,513
+104,062
| +131% | +$2.33M |
|
|
SQNM
1324
DELISTED
SEQUENOM INC NEW
SQNM
| $4.13M | 0.01% |
1,066,516
+12,201
| +1% | +$35.7K |
|
|
NTUS
1325
DELISTED
Natus Medical Inc
NTUS
| $4.12M | 0.01% |
163,777
-309,485
| -65% | -$7.65M |
|
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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.