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 | |
|---|---|---|---|---|---|---|
1951
Karyopharm Therapeutics
KPTI
$44.5M
| $1.49M | ﹤0.01% |
+2,127
| New | +$990K |
|
|
DOOR
1952
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $1.48M | ﹤0.01% |
26,339
+19,299
| +274% | +$1.05M |
|
|
SCAI
1953
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $1.48M | ﹤0.01% |
50,907
+11,167
| +28% | +$326K |
|
|
CAI
1954
DELISTED
CAI International, Inc.
CAI
| $1.48M | ﹤0.01% |
+67,197
| New | +$1.51M |
|
|
QLGC
1955
DELISTED
QLOGIC CORP
QLGC
| $1.48M | ﹤0.01% |
146,628
+48,928
| +50% | +$525K |
|
|
LUMO
1956
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $1.48M | ﹤0.01% |
+6,180
| New | +$1.26M |
|
1957
Cousins Properties
CUZ
$4.87B
| $1.47M | ﹤0.01% |
41,833
-303,583
| -88% | -$10.2M |
|
1958
AMERISAFE
AMSF
$487M
| $1.47M | ﹤0.01% |
36,120
+21,065
| +140% | +$839K |
|
|
FIO
1959
CALL
DELISTED
FUSION-IO INC COM
FIO
| $1.47M | ﹤0.01% |
+130,000
| New | +$1.21M |
|
|
QCOR
1960
DELISTED
QUESTCOR PHARMA INC
QCOR
| $1.47M | ﹤0.01% |
15,840
-371,100
| -96% | -$31.8M |
|
|
ADT
1961
CALL
DELISTED
ADT Corp
ADT
| $1.46M | ﹤0.01% |
41,900
-51,800
| -55% | -$1.66M |
|
1962
New Mountain Finance
NMFC
$715M
| $1.46M | ﹤0.01% |
98,333
+51,974
| +112% | +$745K |
|
|
TROVW
1963
DELISTED
TrovaGene, Inc. Warrant
TROVW
| $1.45M | ﹤0.01% |
535,886
-1,500
| -0.3% | -$5.01K |
|
|
CQB
1964
DELISTED
CHIQUITA BRANDS INTL (NEW)
CQB
| $1.45M | ﹤0.01% |
133,676
-46,924
| -26% | -$522K |
|
|
SAEX
1965
DELISTED
SAExploration Holdings, Inc.
SAEX
| $1.45M | ﹤0.01% |
63
| – | – |
|
|
CBI
1966
CALL
DELISTED
Chicago Bridge & Iron Nv
CBI
| $1.45M | ﹤0.01% |
21,200
+11,900
| +128% | +$946K |
|
1967
Ingredion
INGR
$6.61B
| $1.45M | ﹤0.01% |
19,263
+778
| +4% | +$56.6K |
|
|
CCIH
1968
DELISTED
Chinacache International Holdings Ltd
CCIH
| $1.44M | ﹤0.01% |
92,130
+31,056
| +51% | +$474K |
|
1969
NatWest
NWG
$74.5B
| $1.44M | ﹤0.01% |
+118,317
| New | +$1.39M |
|
|
MXWL
1970
DELISTED
Maxwell Technologies Inc
MXWL
| $1.44M | ﹤0.01% |
95,107
-33,587
| -26% | -$528K |
|
|
GOOD
1971
Gladstone Commercial Corp
GOOD
$630M
| $1.44M | ﹤0.01% |
80,341
+35,796
| +80% | +$628K |
|
1972
PUT
iShares MSCI Brazil ETF
EWZ
$8.19B
| $1.43M | ﹤0.01% |
+30,000
| New | +$1.44M |
|
1973
Oaktree Specialty Lending
OCSL
$1.15B
| $1.43M | ﹤0.01% |
48,485
-19,235
| -28% | -$542K |
|
1974
uniQure
QURE
$3.53B
| $1.43M | ﹤0.01% |
105,242
-69,001
| -40% | -$751K |
|
1975
Customers Bancorp
CUBI
$2.65B
| $1.43M | ﹤0.01% |
71,430
+6,051
| +9% | +$120K |
|
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.