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 | |
|---|---|---|---|---|---|---|
|
JOY
2076
PUT
DELISTED
Joy Global Inc
JOY
| $1.21M | ﹤0.01% |
19,600
-26,400
| -57% | -$1.59M |
|
2077
PUT
State Street
STT
$53.2B
| $1.2M | ﹤0.01% |
+17,900
| New | +$1.18M |
|
|
EGL
2078
DELISTED
Engility Holdings, Inc.
EGL
| $1.2M | ﹤0.01% |
+31,470
| New | +$1.3M |
|
|
RSH
2079
DELISTED
RADIOSHACK CORP
RSH
| $1.2M | ﹤0.01% |
1,214,144
+1,194,890
| +6,206% | +$1.71M |
|
|
EFOR
2080
Everforth Inc
EFOR
$1.29B
| $1.2M | ﹤0.01% |
33,790
-69,924
| -67% | -$2.5M |
|
2081
Churchill Downs
CHDN
$6.1B
| $1.2M | ﹤0.01% |
+79,812
| New | +$1.16M |
|
|
CHU
2082
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $1.2M | ﹤0.01% |
+78,233
| New | +$1.15M |
|
|
MODV
2083
DELISTED
ModivCare
MODV
| $1.2M | ﹤0.01% |
+32,716
| New | +$1.29M |
|
2084
AZZ Inc
AZZ
$4.23B
| $1.2M | ﹤0.01% |
+25,962
| New | +$1.15M |
|
|
CBM
2085
DELISTED
Cambrex Corporation
CBM
| $1.2M | ﹤0.01% |
57,772
-101,494
| -64% | -$2.06M |
|
|
DENN
2086
DELISTED
Denny's
DENN
| $1.19M | ﹤0.01% |
183,196
+159,719
| +680% | +$1.04M |
|
|
EXAS
2087
DELISTED
Exact Sciences
EXAS
| $1.19M | ﹤0.01% |
+70,028
| New | +$964K |
|
|
OB
2088
DELISTED
Onebeacon Insurance Group Ltd
OB
| $1.19M | ﹤0.01% |
76,664
+44,464
| +138% | +$684K |
|
|
STBZ
2089
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $1.19M | ﹤0.01% |
70,349
+5,400
| +8% | +$90K |
|
2090
Diana Shipping
DSX
$332M
| $1.19M | ﹤0.01% |
+156,170
| New | +$1.24M |
|
|
CACQ
2091
DELISTED
Caesars Acquisition Company
CACQ
| $1.18M | ﹤0.01% |
95,690
+79,249
| +482% | +$999K |
|
2092
Mativ Holdings
MATV
$680M
| $1.18M | ﹤0.01% |
27,104
+7,038
| +35% | +$296K |
|
2093
Palisade Bio
PALI
$371M
| – | – |
0
| – | – |
|
|
MW
2094
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
| $1.18M | ﹤0.01% |
21,200
-33,300
| -61% | -$1.69M |
|
|
OREX
2095
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $1.18M | ﹤0.01% |
19,078
-185,879
| -91% | -$10.8M |
|
|
CPLA
2096
DELISTED
Capella Education Company
CPLA
| $1.18M | ﹤0.01% |
+21,634
| New | +$1.24M |
|
|
CVGW
2097
DELISTED
Calavo Growers
CVGW
| $1.18M | ﹤0.01% |
+34,719
| New | +$1.14M |
|
|
SWS
2098
DELISTED
SWS GROUP INC
SWS
| $1.17M | ﹤0.01% |
161,235
-299,406
| -65% | -$2.22M |
|
|
2099
CALL
State Street
STT
$53.2B
| $1.17M | ﹤0.01% |
+17,400
| New | +$1.14M |
|
|
AEL
2100
DELISTED
American Equity Investment Life Holding Company
AEL
| $1.17M | ﹤0.01% |
47,561
-56,566
| -54% | -$1.31M |
|
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.