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 | |
|---|---|---|---|---|---|---|
|
KATE
1526
DELISTED
Kate Spade & Company
KATE
| $2.92M | 0.01% |
76,700
-307,818
| -80% | -$11M |
|
1527
Lattice Semiconductor
LSCC
$16.5B
| $2.92M | 0.01% |
354,439
-124,418
| -26% | -$1.01M |
|
1528
Vince Holding Corp
VNCE
$78.8M
| $2.92M | 0.01% |
7,979
-9,100
| -53% | -$2.64M |
|
1529
PUT
Capri Holdings
CPRI
$1.51B
| $2.92M | 0.01% |
+32,900
| New | +$3.02M |
|
|
LORL
1530
PUT
DELISTED
Loral Space and Communications, Inc.
LORL
| $2.92M | 0.01% |
+40,100
| New | +$2.89M |
|
|
SQNS
1531
Sequans Communications SA
SQNS
$44M
| $2.91M | 0.01% |
16,923
-378
| -2% | -$73.4K |
|
1532
CALL
Trip.com Group
TCOM
$29B
| $2.91M | 0.01% |
90,800
-65,600
| -42% | -$1.77M |
|
1533
Green Dot
GDOT
$764M
| $2.89M | 0.01% |
152,401
+67,393
| +79% | +$1.24M |
|
1534
iShares MSCI Hong Kong ETF
EWH
$1.27B
| $2.89M | 0.01% |
138,440
+76,879
| +125% | +$1.6M |
|
|
CCC
1535
DELISTED
Calgon Carbon Corp
CCC
| $2.89M | 0.01% |
129,337
+117,637
| +1,005% | +$2.51M |
|
1536
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $2.88M | 0.01% |
86,372
+35,844
| +71% | +$1.16M |
|
1537
Monro
MNRO
$436M
| $2.88M | 0.01% |
54,112
+48,729
| +905% | +$2.67M |
|
|
ARX
1538
DELISTED
Aeroflex Holding Corp (DE)
ARX
| $2.88M | 0.01% |
273,820
+216,853
| +381% | +$2M |
|
|
MRSH
1539
Marsh
MRSH
$92.3B
| $2.87M | 0.01% |
55,458
-422,655
| -88% | -$21M |
|
1540
Dorman Products
DORM
$3.87B
| $2.87M | 0.01% |
+58,204
| New | +$3.18M |
|
1541
Kulicke & Soffa
KLIC
$4.42B
| $2.86M | 0.01% |
200,536
+145,008
| +261% | +$1.99M |
|
|
VXX
1542
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $2.86M | 0.01% |
+6,250
| New | +$3.64M |
|
1543
Gaming and Leisure Properties
GLPI
$12.5B
| $2.86M | 0.01% |
+84,118
| New | +$2.94M |
|
1544
Wintrust Financial
WTFC
$10.2B
| $2.85M | 0.01% |
+61,857
| New | +$2.8M |
|
|
QGENF
1545
DELISTED
QIAGEN NV
QGENF
| $2.84M | 0.01% |
116,152
+49,943
| +75% | +$1.22M |
|
1546
Acadia Healthcare
ACHC
$2.78B
| $2.84M | 0.01% |
+62,377
| New | +$2.74M |
|
|
WY.PRA
1547
DELISTED
WEYERHAEUSER COMP PREF CONV SER A (WA)
WY.PRA
| $2.84M | 0.01% |
50,000
| – | – |
|
1548
Brady Corp
BRC
$4.41B
| $2.83M | 0.01% |
+94,778
| New | +$2.55M |
|
1549
Cigna
CI
$73.8B
| $2.82M | 0.01% |
30,700
-495,382
| -94% | -$42.5M |
|
|
RTI
1550
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $2.82M | 0.01% |
106,127
-29,754
| -22% | -$797K |
|
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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.