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 | |
|---|---|---|---|---|---|---|
1351
Amdocs
DOX
$6.51B
| $3.97M | 0.01% |
+85,654
| New | +$4.03M |
|
|
YGE
1352
DELISTED
Yingli Green Energy Holding Comp
YGE
| $3.97M | 0.01% |
106,060
+73,354
| +224% | +$2.61M |
|
1353
CALL
Clorox
CLX
$12.7B
| $3.96M | 0.01% |
43,300
+38,200
| +749% | +$3.42M |
|
|
ACH
1354
Accendra Health
ACH
$89.2M
| $3.96M | 0.01% |
116,443
+56,719
| +95% | +$1.94M |
|
1355
Future Fuel
FF
$236M
| $3.96M | 0.01% |
238,486
+143,847
| +152% | +$2.61M |
|
1356
CALL
3M
MMM
$92.5B
| $3.94M | 0.01% |
+32,890
| New | +$3.86M |
|
|
GRUB
1357
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $3.94M | 0.01% |
+55,622
| New | +$3.74M |
|
1358
CALL
Masco
MAS
$14.4B
| $3.93M | 0.01% |
+201,654
| New | +$3.8M |
|
1359
Empire State Realty Trust
ESRT
$826M
| $3.93M | 0.01% |
238,297
-1,560,932
| -87% | -$25.1M |
|
|
ARMH
1360
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $3.92M | 0.01% |
+86,706
| New | +$4.03M |
|
1361
Banco de Chile
BCH
$21.5B
| $3.92M | 0.01% |
164,685
+52,712
| +47% | +$1.24M |
|
1362
PUT
Lumen
LUMN
$6.08B
| $3.91M | 0.01% |
+108,100
| New | +$3.88M |
|
1363
Oxford Square Capital
OXSQ
$148M
| $3.91M | 0.01% |
395,010
+215,730
| +120% | +$2.07M |
|
1364
CALL
Agnico Eagle Mines
AEM
$113B
| $3.91M | 0.01% |
102,000
-301,100
| -75% | -$9.61M |
|
1365
Perrigo
PRGO
$2.01B
| $3.9M | 0.01% |
26,770
-336,890
| -93% | -$47.7M |
|
1366
CALL
Las Vegas Sands
LVS
$30.6B
| $3.87M | 0.01% |
50,800
-1,300
| -2% | -$98.9K |
|
1367
PUT
Southern Copper
SCCO
$186B
| $3.87M | 0.01% |
139,077
-296,276
| -68% | -$8.06M |
|
1368
Minerals Technologies
MTX
$2.24B
| $3.87M | 0.01% |
58,969
+44,816
| +317% | +$2.8M |
|
1369
Northern Trust
NTRS
$34.2B
| $3.86M | 0.01% |
+60,108
| New | +$3.7M |
|
|
ARR
1370
Armour Residential REIT
ARR
$2.32B
| $3.85M | 0.01% |
22,245
+18,940
| +573% | +$3.23M |
|
1371
Gray Television
GTN
$517M
| $3.8M | 0.01% |
289,441
-154,903
| -35% | -$1.74M |
|
1372
PUT
American Express
AXP
$227B
| $3.79M | 0.01% |
40,000
+36,900
| +1,190% | +$3.33M |
|
|
OCRX
1373
DELISTED
Ocera Therapeutics, Inc.
OCRX
| $3.79M | 0.01% |
495,388
+92,724
| +23% | +$739K |
|
1374
Gerdau
GGB
$8.55B
| $3.77M | 0.01% |
806,046
-1,798,678
| -69% | -$8.81M |
|
1375
Macy's
M
$5.94B
| $3.77M | 0.01% |
64,903
-108,186
| -63% | -$6.28M |
|
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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.