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 | |
|---|---|---|---|---|---|---|
|
FNGN
1601
DELISTED
Financial Engines, Inc.
FNGN
| $2.57M | 0.01% |
56,838
-48,959
| -46% | -$2.19M |
|
1602
CALL
Berkshire Hathaway Class B
BRK.B
$1.08T
| $2.57M | 0.01% |
20,300
+17,900
| +746% | +$2.27M |
|
1603
Unisys
UIS
$196M
| $2.56M | 0.01% |
103,587
-121,568
| -54% | -$3.07M |
|
1604
Banco Bradesco
BBD
$35.4B
| $2.56M | 0.01% |
449,793
-714,615
| -61% | -$4.18M |
|
1605
Blackstone Mortgage Trust
BXMT
$2.36B
| $2.56M | 0.01% |
88,116
-14,873
| -14% | -$430K |
|
|
UCB
1606
United Community Banks
UCB
$4.23B
| $2.56M | 0.01% |
156,051
+113,915
| +270% | +$1.91M |
|
1607
Federal Signal
FSS
$7.36B
| $2.55M | 0.01% |
174,068
-49,342
| -22% | -$722K |
|
|
BTM
1608
DELISTED
OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA)
BTM
| $2.55M | 0.01% |
2,968,842
+2,575,903
| +656% | +$2.21M |
|
1609
First Majestic Silver
AG
$10.5B
| $2.55M | 0.01% |
235,530
+139,984
| +147% | +$1.33M |
|
|
HGG
1610
PUT
DELISTED
hhgregg Inc.
HGG
| $2.54M | 0.01% |
250,000
-100,500
| -29% | -$922K |
|
1611
TG Therapeutics
TGTX
$8.48B
| $2.54M | 0.01% |
+270,722
| New | +$1.73M |
|
1612
CALL
Meta Platforms (Facebook)
META
$1.45T
| $2.54M | 0.01% |
37,700
-213,500
| -85% | -$13.1M |
|
|
FDO
1613
CALL
DELISTED
FAMILY DOLLAR STORES
FDO
| $2.53M | 0.01% |
+38,300
| New | +$2.31M |
|
|
LOGM
1614
DELISTED
LogMein, Inc.
LOGM
| $2.53M | 0.01% |
54,301
+26,442
| +95% | +$1.14M |
|
|
FST
1615
DELISTED
FOREST OIL CORPORATION
FST
| $2.53M | 0.01% |
1,109,508
+604,293
| +120% | +$1.29M |
|
|
DCOM
1616
DELISTED
Dime Community Bancshares
DCOM
| $2.52M | 0.01% |
159,531
+48,797
| +44% | +$774K |
|
1617
Regal Rexnord
RRX
$10.8B
| $2.51M | 0.01% |
31,958
-62,504
| -66% | -$4.74M |
|
|
ALR
1618
DELISTED
Alere Inc
ALR
| $2.51M | 0.01% |
67,106
-107,745
| -62% | -$3.84M |
|
1619
Huazhu Hotels Group
HTHT
$15.2B
| $2.49M | 0.01% |
+397,364
| New | +$2.34M |
|
1620
Eli Lilly
LLY
$1.1T
| $2.49M | 0.01% |
40,100
-21,528
| -35% | -$1.28M |
|
1621
Haverty Furniture Companies
HVT
$425M
| $2.48M | 0.01% |
98,853
+31,244
| +46% | +$793K |
|
|
PAY
1622
CALL
DELISTED
Verifone Systems Inc
PAY
| $2.48M | 0.01% |
67,600
-7,200
| -10% | -$245K |
|
|
SVU
1623
DELISTED
SUPERVALU Inc.
SVU
| $2.48M | 0.01% |
43,095
+20,309
| +89% | +$1.05M |
|
|
BEE
1624
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $2.47M | 0.01% |
210,845
-596,463
| -74% | -$6.44M |
|
|
BT
1625
DELISTED
BT Group plc (ADR)
BT
| $2.47M | 0.01% |
75,146
+23,156
| +45% | +$744K |
|
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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.