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 | |
|---|---|---|---|---|---|---|
2276
CALL
Copart
CPRT
$30.4B
| $845K | ﹤0.01% |
+188,000
| New | +$848K |
|
|
XXII
2277
22nd Century Group
XXII
$2.31M
| – | – |
0
| – | – |
|
2278
PUT
Vail Resorts
MTN
$5.3B
| $841K | ﹤0.01% |
10,900
-12,500
| -53% | -$877K |
|
2279
Owens Corning
OC
$11.6B
| $840K | ﹤0.01% |
21,705
-647,518
| -97% | -$26.6M |
|
|
JOY
2280
CALL
DELISTED
Joy Global Inc
JOY
| $837K | ﹤0.01% |
13,600
+4,400
| +48% | +$265K |
|
2281
Brookfield
BN
$93.7B
| $836K | ﹤0.01% |
+81,164
| New | +$812K |
|
|
TWTR
2282
DELISTED
Twitter, Inc.
TWTR
| $836K | ﹤0.01% |
+20,405
| New | +$772K |
|
2283
Manhattan Associates
MANH
$12.5B
| $834K | ﹤0.01% |
+24,224
| New | +$800K |
|
|
ROYT
2284
DELISTED
PACIFIC COAST OIL TRUST
ROYT
| $834K | ﹤0.01% |
+63,875
| New | +$837K |
|
|
ENDP
2285
CALL
DELISTED
Endo International plc
ENDP
| $833K | ﹤0.01% |
11,900
-200,000
| -94% | -$13.4M |
|
2286
Energous
WATT
$63.1M
| $832K | ﹤0.01% |
+92
| New | +$669K |
|
|
CTCT
2287
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $831K | ﹤0.01% |
25,878
-173,896
| -87% | -$4.84M |
|
|
MCRL
2288
DELISTED
MICREL INC
MCRL
| $831K | ﹤0.01% |
73,653
+44,298
| +151% | +$477K |
|
2289
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $829K | ﹤0.01% |
25,304
-40,769
| -62% | -$1.29M |
|
2290
Simmons First National
SFNC
$3.3B
| $828K | ﹤0.01% |
42,048
+29,204
| +227% | +$568K |
|
|
TGNA
2291
CALL
DELISTED
TEGNA Inc
TGNA
| $827K | ﹤0.01% |
50,465
-51,803
| -51% | -$759K |
|
2292
Invesco CurrencyShares Euro Currency Trust
FXE
$360M
| $826K | ﹤0.01% |
6,114
+2,982
| +95% | +$404K |
|
2293
Arq
ARQ
$93M
| $825K | ﹤0.01% |
35,980
-36,292
| -50% | -$807K |
|
|
KBAL
2294
DELISTED
Kimball International
KBAL
| $825K | ﹤0.01% |
63,196
+45,249
| +252% | +$595K |
|
2295
IDT Corp
IDT
$1.71B
| $824K | ﹤0.01% |
66,957
+48,650
| +266% | +$565K |
|
2296
Ameris Bancorp
ABCB
$5.76B
| $823K | ﹤0.01% |
38,174
+22,764
| +148% | +$491K |
|
2297
CALL
MetLife
MET
$61.4B
| $822K | ﹤0.01% |
16,606
+3,591
| +28% | +$168K |
|
2298
Braskem
BAK
$594M
| $821K | ﹤0.01% |
63,860
+44,793
| +235% | +$620K |
|
2299
Commercial Vehicle Group
CVGI
$124M
| $819K | ﹤0.01% |
+81,590
| New | +$775K |
|
2300
Aspen Aerogels
ASPN
$436M
| $817K | ﹤0.01% |
+73,894
| New | +$802K |
|
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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.