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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
AVP
2776
CALL
DELISTED
Avon Products, Inc.
AVP
$340K ﹤0.01%
16,500
-6,000
-27% -$128K
MEAS
2777
DELISTED
MEASUREMENT SPECIALTIES INC
MEAS
$340K ﹤0.01%
+6,271
New +$310K
DGX icon
2778
Quest Diagnostics
DGX
$26.9B
$339K ﹤0.01%
5,486
-106,318
-95% -$6.36M
PRIM icon
2779
Primoris Services
PRIM
$4.04B
$339K ﹤0.01%
13,300
-52,019
-80% -$1.18M
TBNK
2780
DELISTED
Territorial Bancorp Inc.
TBNK
$339K ﹤0.01%
+15,414
New +$346K
SLGN icon
2781
Silgan Holdings
SLGN
$4.49B
$338K ﹤0.01%
14,382
-4,190
-23% -$101K
OKSB
2782
DELISTED
Southwest Bancorp Inc/OK
OKSB
$338K ﹤0.01%
22,801
+8,477
+59% +$127K
MELI icon
2783
CALL
Mercado Libre
MELI
$98.8B
$337K ﹤0.01%
+2,500
New +$300K
YUM icon
2784
PUT
Yum! Brands
YUM
$42.9B
$336K ﹤0.01%
6,538
-109,471
-94% -$5.68M
CIB icon
2785
Grupo Cibest SA
CIB
$24B
$334K ﹤0.01%
+5,796
New +$330K
GWRE icon
2786
CALL
Guidewire Software
GWRE
$16B
$334K ﹤0.01%
+7,100
New +$319K
KLIC icon
2787
PUT
Kulicke & Soffa
KLIC
$4.37B
$334K ﹤0.01%
28,900
+5,100
+21% +$58K
DBI icon
2788
PUT
Designer Brands
DBI
$297M
$333K ﹤0.01%
+7,800
New +$315K
LTM
2789
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
$333K ﹤0.01%
22,102
-22,100
-50% -$310K
TXI
2790
PUT
DELISTED
TEXAS INDUSTRIES INC
TXI
$332K ﹤0.01%
+5,000
New +$314K
PKG icon
2791
CALL
Packaging Corp of America
PKG
$22.2B
$331K ﹤0.01%
+5,800
New +$314K
PKG icon
2792
PUT
Packaging Corp of America
PKG
$22.2B
$331K ﹤0.01%
+5,800
New +$314K
VR
2793
DELISTED
Validus Hold Ltd
VR
$331K ﹤0.01%
8,941
-809,564
-99% -$28.6M
MTL
2794
DELISTED
Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)
MTL
$331K ﹤0.01%
+51,585
New +$323K
ALJ
2795
DELISTED
Alon USA Energy Inc
ALJ
$330K ﹤0.01%
32,300
-92,492
-74% -$1.14M
ROYT
2796
DELISTED
PACIFIC COAST OIL TRUST
ROYT
$329K ﹤0.01%
+20,466
New +$361K
GMLP
2797
DELISTED
Golar LNG Partners LP
GMLP
$328K ﹤0.01%
+10,082
New +$330K
EXAR
2798
DELISTED
Exar Corporation
EXAR
$328K ﹤0.01%
24,427
-18,971
-44% -$241K
PIKE
2799
DELISTED
PIKE CORPORATION COM STK (NC)
PIKE
$328K ﹤0.01%
29,009
-35,659
-55% -$423K
SIVB
2800
CALL
DELISTED
SVB Financial Group
SIVB
$328K ﹤0.01%
+3,800
New +$328K

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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.