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 | |
|---|---|---|---|---|---|---|
1426
Exelixis
EXEL
$14.1B
| $3.47M | 0.01% |
1,023,300
-4,237
| -0.4% | -$14.6K |
|
1427
Ligand Pharmaceuticals
LGND
$5.62B
| $3.46M | 0.01% |
89,109
+29,078
| +48% | +$1.18M |
|
|
MDVN
1428
DELISTED
MEDIVATION, INC.
MDVN
| $3.44M | 0.01% |
89,356
-329,918
| -79% | -$11.1M |
|
|
NXTM
1429
CALL
DELISTED
NxStage Medical Inc.
NXTM
| $3.44M | 0.01% |
239,300
+83,600
| +54% | +$1.09M |
|
|
EGOV
1430
DELISTED
NIC Inc
EGOV
| $3.43M | 0.01% |
216,454
+206,419
| +2,057% | +$3.6M |
|
1431
PUT
Walt Disney
DIS
$192B
| $3.42M | 0.01% |
39,900
| – | – |
|
|
PETM
1432
PUT
DELISTED
PETSMART INC
PETM
| $3.41M | 0.01% |
57,000
+16,600
| +41% | +$1.05M |
|
|
ACHN
1433
DELISTED
Achillion Pharmaceuticals
ACHN
| $3.41M | 0.01% |
449,914
+439,014
| +4,028% | +$1.75M |
|
1434
RH
RH
$2.67B
| $3.39M | 0.01% |
36,442
+35,978
| +7,754% | +$2.52M |
|
|
ISBC
1435
DELISTED
Investors Bancorp, Inc.
ISBC
| $3.38M | 0.01% |
+306,306
| New | +$3.27M |
|
|
HRG
1436
DELISTED
HRG Group, Inc.
HRG
| $3.37M | 0.01% |
265,379
+229,175
| +633% | +$2.75M |
|
1437
Haemonetics
HAE
$4.93B
| $3.36M | 0.01% |
95,234
-116,923
| -55% | -$3.91M |
|
|
MDRX
1438
DELISTED
Veradigm Inc. Common Stock
MDRX
| $3.36M | 0.01% |
+209,084
| New | +$3.26M |
|
|
NE
1439
CALL
DELISTED
Noble Corporation
NE
| $3.36M | 0.01% |
114,400
| – | – |
|
|
CATM
1440
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $3.35M | 0.01% |
98,347
+38,151
| +63% | +$1.27M |
|
1441
HSBC
HSBC
$358B
| $3.35M | 0.01% |
76,541
+25,895
| +51% | +$1.15M |
|
|
AAT
1442
American Assets Trust
AAT
$1.42B
| $3.34M | 0.01% |
+96,686
| New | +$3.29M |
|
1443
NVR
NVR
$17.1B
| $3.34M | 0.01% |
2,899
+2,238
| +339% | +$2.5M |
|
|
NTRI
1444
DELISTED
NutriSystem, Inc.
NTRI
| $3.33M | 0.01% |
194,747
-190,038
| -49% | -$3.03M |
|
1445
Korn Ferry
KFY
$4.33B
| $3.32M | 0.01% |
113,158
-35,757
| -24% | -$1.06M |
|
1446
Allegiant Air
ALGT
$2.25B
| $3.32M | 0.01% |
28,193
+23,845
| +548% | +$2.78M |
|
1447
ACI Worldwide
ACIW
$5.29B
| $3.32M | 0.01% |
178,269
+86,916
| +95% | +$1.62M |
|
1448
IAMGOLD
IAG
$12.7B
| $3.31M | 0.01% |
804,282
+710,282
| +756% | +$2.53M |
|
|
SIVB
1449
DELISTED
SVB Financial Group
SIVB
| $3.3M | 0.01% |
+28,314
| New | +$3.16M |
|
1450
O-I Glass
OI
$1.15B
| $3.3M | 0.01% |
95,256
-284,063
| -75% | -$9.4M |
|
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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.