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 |
NextEra Energy
NEE
|
+$122M |
| 2 |
Gilead Sciences
GILD
|
+$122M |
| 3 |
DTE Energy
DTE
|
+$121M |
| 4 |
Ameren
AEE
|
+$118M |
| 5 |
AGN
Allergan plc
AGN
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dominion Energy
D
|
+$125M |
| 2 |
HES
Hess
HES
|
+$101M |
| 3 |
BHI
Baker Hughes
BHI
|
+$84M |
| 4 |
ELN
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
|
+$79.9M |
| 5 |
Cheniere Energy
LNG
|
+$72.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.31% |
| 2 | Energy | 11.61% |
| 3 | Utilities | 8.18% |
| 4 | Financials | 7.58% |
| 5 | Consumer Discretionary | 7.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WTSL
2651
DELISTED
WET SEAL INC CL-A
WTSL
| $546K | ﹤0.01% |
200,000
+15,692
| +9% | +$50.3K |
|
|
FARO
2652
DELISTED
Faro Technologies
FARO
| $545K | ﹤0.01% |
+9,346
| New | +$464K |
|
2653
Vornado Realty Trust
VNO
$7.46B
| $544K | ﹤0.01% |
+8,382
| New | +$543K |
|
2654
PUT
Liberty Global Class A
LBTYA
$3.68B
| $543K | ﹤0.01% |
14,792
-970
| -6% | -$32.5K |
|
|
CAA
2655
PUT
DELISTED
CalAtlantic Group, Inc.
CAA
| $543K | ﹤0.01% |
12,000
| – | – |
|
|
EXAR
2656
DELISTED
Exar Corporation
EXAR
| $543K | ﹤0.01% |
46,091
+21,664
| +89% | +$267K |
|
|
NFBK
2657
DELISTED
Northfield Bancorp
NFBK
| $540K | ﹤0.01% |
40,908
+23,737
| +138% | +$302K |
|
2658
Prestige Consumer Healthcare
PBH
$2.44B
| $540K | ﹤0.01% |
15,083
-151,569
| -91% | -$5.03M |
|
|
FUR
2659
DELISTED
WINTHROP REALTY TRUST SHS BENE INT (NEW)
FUR
| $540K | ﹤0.01% |
48,886
+2,777
| +6% | +$31.5K |
|
2660
City Holding Co
CHCO
$2.03B
| $537K | ﹤0.01% |
+11,586
| New | +$533K |
|
2661
PUT
National Grid
NGG
$81.6B
| $536K | ﹤0.01% |
+8,500
| New | +$510K |
|
2662
CALL
Toyota
TM
$228B
| $536K | ﹤0.01% |
4,400
+2,700
| +159% | +$339K |
|
|
2663
PUT
Toyota
TM
$228B
| $536K | ﹤0.01% |
4,400
+2,600
| +144% | +$327K |
|
2664
PUT
Allstate
ALL
$65.1B
| $534K | ﹤0.01% |
+9,800
| New | +$523K |
|
2665
Onto Innovation
ONTO
$17.8B
| $534K | ﹤0.01% |
28,054
-5,067
| -15% | -$88.9K |
|
|
PTLA
2666
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $534K | ﹤0.01% |
20,740
-133,358
| -87% | -$3.24M |
|
|
EPIQ
2667
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $533K | ﹤0.01% |
32,951
+15,863
| +93% | +$241K |
|
2668
MarketAxess Holdings
MKTX
$5.72B
| $528K | ﹤0.01% |
7,883
+1,883
| +31% | +$124K |
|
|
FNSR
2669
DELISTED
Finisar Corp
FNSR
| $528K | ﹤0.01% |
22,067
-516,292
| -96% | -$11.8M |
|
2670
Cracker Barrel
CBRL
$1.3B
| $527K | ﹤0.01% |
4,792
-27,136
| -85% | -$2.94M |
|
|
SFUN
2671
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $526K | ﹤0.01% |
638
-17,725
| -97% | -$11.1M |
|
2672
Fair Isaac
FICO
$24.6B
| $525K | ﹤0.01% |
+8,348
| New | +$482K |
|
2673
Eagle Bancorp
EGBN
$844M
| $524K | ﹤0.01% |
+17,098
| New | +$505K |
|
2674
Huron Consulting
HURN
$2.53B
| $523K | ﹤0.01% |
8,338
-21,640
| -72% | -$1.27M |
|
|
ALR
2675
DELISTED
AlerisLife Inc
ALR
| $521K | ﹤0.01% |
+9,489
| New | +$481K |
|
Similar funds
Israel Englander's Q4 2013 Portfolio in Review
As of Q4 2013, Israel Englander held 4,194 positions worth $31.7B, up 2% from $31.1B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Israel Englander withdrew a net $1.71B in Q4 2013, closing 788 positions and reducing 1,165 holdings. Its most notable exit was ELAN CORP ADS(RP1 ORD4IRISH PN, an estimated $79.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 8.5% a quarter earlier, followed by Energy and Utilities.
Against the trend, Israel Englander opened a new position in Crown Holdings worth $64.3M.
- Israel Englander's largest Q4 2013 buy was Crown Holdings: 1,441,595 shares worth $64.3M.
- Israel Englander added most to NextEra Energy in Q4 2013, an estimated $122M increase.
- Israel Englander's biggest Q4 2013 reduction was Dominion Energy, cutting an estimated $125M.
- Israel Englander fully exited ELAN CORP ADS(RP1 ORD4IRISH PN in Q4 2013, selling an estimated $79.9M.
- Israel Englander's ten largest holdings make up 14% of its $31.7B portfolio in Q4 2013.
- Israel Englander opened 937 new positions and closed 788 in Q4 2013.
- Israel Englander's portfolio value rose 2% quarter-over-quarter to $31.7B.
Based on Millennium Management's 13F filing for Q4 2013, filed 14 Feb 2014.