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 | |
|---|---|---|---|---|---|---|
|
GAP
1726
The Gap Inc
GAP
$7.25B
| $2.11M | 0.01% |
50,653
-1,488,268
| -97% | -$60.2M |
|
|
CMA
1727
DELISTED
Comerica
CMA
| $2.1M | 0.01% |
41,907
+17,495
| +72% | +$854K |
|
1728
PUT
Teradata
TDC
$2.55B
| $2.1M | 0.01% |
52,300
-5,100
| -9% | -$223K |
|
1729
W.W. Grainger
GWW
$61.3B
| $2.1M | 0.01% |
8,264
-4,168
| -34% | -$1.06M |
|
1730
Alkermes
ALKS
$8.26B
| $2.1M | 0.01% |
41,714
-57,993
| -58% | -$2.67M |
|
1731
CALL
APA Corp
APA
$14.5B
| $2.09M | 0.01% |
20,800
-2,200
| -10% | -$199K |
|
|
PQUE
1732
DELISTED
PETROQUEST ENERGY INC (DE)
PQUE
| $2.09M | 0.01% |
278,122
-506,858
| -65% | -$3.81M |
|
|
FMI
1733
PUT
DELISTED
Foundation Medicine, Inc.
FMI
| $2.09M | 0.01% |
+77,500
| New | +$1.96M |
|
1734
Watsco Inc
WSO
$12.5B
| $2.08M | 0.01% |
+20,253
| New | +$2.05M |
|
|
JCP
1735
DELISTED
J.C. Penney Company, Inc.
JCP
| $2.08M | 0.01% |
229,467
+16,856
| +8% | +$145K |
|
|
DRYS
1736
DELISTED
DryShips Inc. Common Stock
DRYS
| – | – |
0
| – | – |
|
|
RSE
1737
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $2.08M | 0.01% |
121,315
+61,106
| +101% | +$1.02M |
|
|
EVRI
1738
DELISTED
Everi Holdings
EVRI
| $2.07M | 0.01% |
+232,468
| New | +$1.85M |
|
1739
Pembina Pipeline
PBA
$28B
| $2.07M | 0.01% |
48,108
+41,458
| +623% | +$1.66M |
|
|
SCMP
1740
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $2.07M | 0.01% |
299,819
-137,549
| -31% | -$973K |
|
1741
NVIDIA
NVDA
$5.16T
| $2.06M | 0.01% |
4,452,240
-69,859,640
| -94% | -$32.6M |
|
|
TBI
1742
Trueblue
TBI
$327M
| $2.06M | 0.01% |
74,770
-113,205
| -60% | -$3.1M |
|
|
POM
1743
CALL
DELISTED
PEPCO HOLDINGS, INC.
POM
| $2.06M | 0.01% |
+75,000
| New | +$1.91M |
|
|
P
1744
PUT
DELISTED
Pandora Media Inc
P
| $2.06M | 0.01% |
+69,800
| New | +$1.82M |
|
|
UNIS
1745
DELISTED
Unilife Corporation
UNIS
| $2.06M | 0.01% |
+69,572
| New | +$2.18M |
|
1746
Diamondback Energy
FANG
$56B
| $2.06M | 0.01% |
23,145
-47,028
| -67% | -$3.58M |
|
1747
PUT
Toll Brothers
TOL
$13.9B
| $2.06M | 0.01% |
55,700
-146,800
| -72% | -$5.21M |
|
1748
Lennar Class A
LEN
$21.1B
| $2.05M | 0.01% |
51,401
+44,494
| +644% | +$1.69M |
|
1749
Logitech
LOGI
$14.1B
| $2.05M | 0.01% |
157,669
+80,232
| +104% | +$1.09M |
|
|
PDM
1750
Piedmont Realty Trust
PDM
$1.24B
| $2.05M | 0.01% |
108,196
-59,808
| -36% | -$1.1M |
|
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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.