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 | |
|---|---|---|---|---|---|---|
|
JCP
1901
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.64M | ﹤0.01% |
+180,700
| New | +$1.56M |
|
|
VG
1902
DELISTED
Vonage Holdings Corporation
VG
| $1.63M | ﹤0.01% |
435,613
-204,876
| -32% | -$774K |
|
1903
Baytex Energy
BTE
$3.27B
| $1.63M | ﹤0.01% |
35,354
-247
| -0.7% | -$10.5K |
|
1904
CareTrust REIT
CTRE
$9.44B
| $1.63M | ﹤0.01% |
+82,351
| New | +$1.5M |
|
1905
Lesaka Technologies
LSAK
$390M
| $1.63M | ﹤0.01% |
+143,245
| New | +$1.48M |
|
|
ERF
1906
DELISTED
Enerplus Corporation
ERF
| $1.63M | ﹤0.01% |
65,220
+50,082
| +331% | +$1.11M |
|
1907
PUT
Honeywell
HON
$69.9B
| $1.63M | ﹤0.01% |
+19,476
| New | +$1.63M |
|
1908
Granite Construction
GVA
$5.51B
| $1.62M | ﹤0.01% |
+45,073
| New | +$1.65M |
|
1909
Blackrock
BLK
$182B
| $1.62M | ﹤0.01% |
5,072
-20,028
| -80% | -$6.14M |
|
|
COR
1910
DELISTED
Coresite Realty Corporation
COR
| $1.62M | ﹤0.01% |
48,879
+11,233
| +30% | +$354K |
|
|
TOO
1911
DELISTED
Teekay Offshore Partners L.P.
TOO
| $1.62M | ﹤0.01% |
44,777
+37,550
| +520% | +$1.32M |
|
1912
Mercury Insurance
MCY
$5.82B
| $1.61M | ﹤0.01% |
+34,300
| New | +$1.61M |
|
|
EQU
1913
DELISTED
EQUAL ENERGY LTD COM
EQU
| $1.61M | ﹤0.01% |
296,800
+197,100
| +198% | +$996K |
|
|
BRSL
1914
CALL
Brightstar Lottery PLC
BRSL
$2.1B
| $1.6M | ﹤0.01% |
+100,900
| New | +$1.37M |
|
1915
DHT Holdings
DHT
$2.95B
| $1.59M | ﹤0.01% |
221,463
-591,760
| -73% | -$4.42M |
|
|
FCH
1916
DELISTED
Felcor Lodging Trust
FCH
| $1.59M | ﹤0.01% |
151,028
-76,048
| -33% | -$732K |
|
1917
Vera Bradley
VRA
$95.3M
| $1.58M | ﹤0.01% |
72,350
+2,431
| +3% | +$64K |
|
|
WILN
1918
DELISTED
Wi-LAN Inc.
WILN
| $1.58M | ﹤0.01% |
496,475
-111,716
| -18% | -$343K |
|
1919
First Financial Bankshares
FFIN
$4.83B
| $1.57M | ﹤0.01% |
100,154
-38,358
| -28% | -$580K |
|
1920
iShares Core S&P 500 ETF
IVV
$894B
| $1.57M | ﹤0.01% |
+7,961
| New | +$1.52M |
|
|
PIR
1921
CALL
DELISTED
Pier 1 Imports, Inc.
PIR
| $1.56M | ﹤0.01% |
5,070
-1,340
| -21% | -$471K |
|
|
CPHD
1922
DELISTED
Cepheid Inc
CPHD
| $1.56M | ﹤0.01% |
+32,510
| New | +$1.47M |
|
|
MDSO
1923
DELISTED
Medidata Solutions, Inc.
MDSO
| $1.55M | ﹤0.01% |
36,333
-208,899
| -85% | -$8.67M |
|
1924
Harmonic Inc
HLIT
$1.36B
| $1.54M | ﹤0.01% |
207,120
+76,866
| +59% | +$553K |
|
|
CAA
1925
DELISTED
CalAtlantic Group, Inc.
CAA
| $1.54M | ﹤0.01% |
35,790
-46,609
| -57% | -$1.89M |
|
Similar funds
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.