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Israel Englander Millennium Management

AUM $276B
1-Year Est. Return 44.8%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+10.16%
1 Year Est. Return
+44.8%
3 Year Est. Return
+127.22%
5 Year Est. Return
+155.52%
10 Year Est. Return
+768.06%
AUM
$31.1B
AUM Growth
-$1.57B
Cap. Flow
-$3.75B
Cap. Flow %
-12.06%
Top 10 Hldgs %
21.71%
Holding
3,899
New
955
Increased
1,173
Reduced
1,073
Closed
642

Sector Composition

Rank Sector Weight
1 Energy 11.48%
2 Healthcare 8.5%
3 Consumer Discretionary 7.28%
4 Utilities 6.71%
5 Financials 6.44%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
WYNN icon
2501
Wynn Resorts
WYNN
$10.2B
$523K ﹤0.01%
3,309
-55,304
-94% -$7.75M
SPLS
2502
PUT
DELISTED
Staples Inc
SPLS
$522K ﹤0.01%
+35,600
New +$558K
STKL
2503
DELISTED
SunOpta
STKL
$521K ﹤0.01%
+53,643
New +$475K
DLR icon
2504
CALL
Digital Realty Trust
DLR
$71.2B
$520K ﹤0.01%
+9,800
New +$557K
HNP
2505
DELISTED
Huaneng Power Intl, Inc.
HNP
$520K ﹤0.01%
12,992
-1,323
-9% -$53.5K
TGP
2506
DELISTED
Teekay LNG Partners L.P.
TGP
$519K ﹤0.01%
+11,756
New +$505K
NAV
2507
PUT
DELISTED
Navistar International
NAV
$518K ﹤0.01%
+14,200
New +$483K
MNR
2508
DELISTED
Monmouth Real Estate Investment Corp
MNR
$518K ﹤0.01%
57,087
-25,814
-31% -$245K
GPRE icon
2509
Green Plains
GPRE
$1.03B
$517K ﹤0.01%
32,225
-185,387
-85% -$2.99M
KAI icon
2510
Kadant
KAI
$3.58B
$517K ﹤0.01%
15,390
-13,647
-47% -$448K
LBTYA icon
2511
PUT
Liberty Global Class A
LBTYA
$3.68B
$516K ﹤0.01%
+15,762
New +$509K
MCRI icon
2512
Monarch Casino & Resort
MCRI
$2.22B
$516K ﹤0.01%
27,167
+16,852
+163% +$321K
SNX icon
2513
PUT
TD Synnex
SNX
$20.1B
$516K ﹤0.01%
+16,800
New +$429K
MANT
2514
DELISTED
Mantech International Corp
MANT
$516K ﹤0.01%
17,951
-32,828
-65% -$923K
TWGP
2515
DELISTED
TOWER GROUP INTL LTD COM STK (BERMUDA)
TWGP
$516K ﹤0.01%
+73,697
New +$1.23M
LKM
2516
DELISTED
Link Motion Inc.
LKM
$515K ﹤0.01%
23,644
+11,044
+88% +$179K
END
2517
DELISTED
ENDEAVOUR INTERNATIONAL CORP NEW (NV)
END
$515K ﹤0.01%
+96,233
New +$470K
MXL icon
2518
MaxLinear
MXL
$6.02B
$514K ﹤0.01%
+61,996
New +$483K
TILE icon
2519
Interface
TILE
$2.25B
$514K ﹤0.01%
+25,900
New +$481K
FUR
2520
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
$514K ﹤0.01%
46,109
+4,670
+11% +$57.8K
AAON icon
2521
Aaon
AAON
$6.28B
$513K ﹤0.01%
43,432
+3,050
+8% +$33K
CIVI
2522
DELISTED
Civitas Resources
CIVI
$513K ﹤0.01%
95
-32
-25% -$148K
CAA
2523
DELISTED
CalAtlantic Group, Inc.
CAA
$513K ﹤0.01%
12,965
-272
-2% -$10.8K
BAK icon
2524
Braskem
BAK
$650M
$512K ﹤0.01%
+32,108
New +$492K
IWM icon
2525
iShares Russell 2000 ETF
IWM
$81.7B
$512K ﹤0.01%
+4,800
New +$497K

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Israel Englander's Q3 2013 Portfolio in Review

As of Q3 2013, Israel Englander held 3,899 positions worth $31.1B, down 4.8% from $32.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.

Israel Englander withdrew a net $3.75B in Q3 2013, closing 642 positions and reducing 1,073 holdings. Its most notable exit was BMC SOFTWARE, INC, an estimated $60.2M position sold in full.

By sector, the portfolio is most concentrated in Energy at 11% of assets, up from 9.4% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Israel Englander opened a new position in Johnson & Johnson worth $72.5M.

  • Israel Englander's largest Q3 2013 buy was Johnson & Johnson: 836,108 shares worth $72.5M.
  • Israel Englander added most to American Electric Power in Q3 2013, an estimated $119M increase.
  • Israel Englander's biggest Q3 2013 reduction was Duke Energy, cutting an estimated $125M.
  • Israel Englander fully exited BMC SOFTWARE, INC in Q3 2013, selling an estimated $60.2M.
  • Israel Englander's ten largest holdings make up 22% of its $31.1B portfolio in Q3 2013.
  • Israel Englander opened 955 new positions and closed 642 in Q3 2013.
  • Israel Englander's portfolio value fell 4.8% quarter-over-quarter to $31.1B.

Based on Millennium Management's 13F filing for Q3 2013, filed 14 Nov 2013.