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 | |
|---|---|---|---|---|---|---|
|
NPBC
2301
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $815K | ﹤0.01% |
77,058
-504,847
| -87% | -$5.19M |
|
2302
CALL
Cooper Companies
COO
$14.1B
| $813K | ﹤0.01% |
24,000
+18,000
| +300% | +$595K |
|
2303
Capital Southwest
CSWC
$1.61B
| $808K | ﹤0.01% |
+61,094
| New | +$789K |
|
2304
Gentherm
THRM
$1.22B
| $808K | ﹤0.01% |
18,186
-53,335
| -75% | -$2.1M |
|
2305
iShares MSCI Mexico ETF
EWW
$1.81B
| $807K | ﹤0.01% |
11,900
-41,747
| -78% | -$2.75M |
|
|
NSR
2306
DELISTED
Neustar Inc
NSR
| $807K | ﹤0.01% |
31,021
-251,412
| -89% | -$6.83M |
|
|
KBIO
2307
DELISTED
KALOBIOS PHARMACEUTICALS INC COM STK NEW (DE)
KBIO
| $803K | ﹤0.01% |
44,025
-15,507
| -26% | -$265K |
|
2308
Columbus McKinnon
CMCO
$516M
| $802K | ﹤0.01% |
+29,664
| New | +$812K |
|
|
KYTH
2309
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $801K | ﹤0.01% |
20,888
-6,512
| -24% | -$227K |
|
2310
PUT
Ciena
CIEN
$55.8B
| $799K | ﹤0.01% |
36,900
-4,500
| -11% | -$92.4K |
|
|
HGT
2311
DELISTED
Hugoton Royalty Trust
HGT
| $799K | ﹤0.01% |
72,724
+26,367
| +57% | +$269K |
|
2312
PUT
Johnson & Johnson
JNJ
$653B
| $798K | ﹤0.01% |
8,600
-2,100
| -20% | -$212K |
|
2313
Mizuho Financial
MFG
$127B
| $798K | ﹤0.01% |
+194,064
| New | +$770K |
|
|
MGI
2314
DELISTED
MoneyGram International, Inc. New
MGI
| $797K | ﹤0.01% |
54,128
-56,949
| -51% | -$824K |
|
|
ARPI
2315
DELISTED
AMERICAN RESIDENTIAL PPTYS INC COM
ARPI
| $794K | ﹤0.01% |
+42,342
| New | +$769K |
|
|
EARN
2316
Ellington Residential Mortgage REIT
EARN
$167M
| $791K | ﹤0.01% |
46,462
+29,178
| +169% | +$495K |
|
|
THR
2317
DELISTED
Thermon Group Holdings
THR
| $789K | ﹤0.01% |
29,965
-59,596
| -67% | -$1.46M |
|
|
EOCC
2318
DELISTED
Enel Generacion Chile S.A.
EOCC
| $789K | ﹤0.01% |
25,215
-33,300
| -57% | -$1.02M |
|
2319
Cheesecake Factory
CAKE
$5.68B
| $788K | ﹤0.01% |
16,979
-130,775
| -89% | -$6.03M |
|
2320
Kinder Morgan
KMI
$71.4B
| $787K | ﹤0.01% |
21,705
-51,326
| -70% | -$1.73M |
|
|
XLRN
2321
DELISTED
Acceleron Pharma
XLRN
| $783K | ﹤0.01% |
+23,051
| New | +$771K |
|
2322
Apyx Medical
APYX
$130M
| $780K | ﹤0.01% |
+215,000
| New | +$869K |
|
2323
Winnebago Industries
WGO
$881M
| $778K | ﹤0.01% |
30,889
-49,216
| -61% | -$1.21M |
|
2324
Vanguard Total Bond Market
BND
$162B
| $774K | ﹤0.01% |
9,419
+936
| +11% | +$76.5K |
|
2325
Griffon
GFF
$4.6B
| $773K | ﹤0.01% |
62,365
+41,627
| +201% | +$481K |
|
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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.