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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
DCO icon
2801
Ducommun
DCO
$2.78B
$326K ﹤0.01%
+11,378
New +$290K
IMMU
2802
DELISTED
Immunomedics Inc
IMMU
$325K ﹤0.01%
52,487
-75,200
-59% -$433K
HTS
2803
DELISTED
HATTERAS FINANCIAL CORP
HTS
$325K ﹤0.01%
+17,351
New +$349K
HAIN icon
2804
PUT
Hain Celestial
HAIN
$75.8M
$324K ﹤0.01%
+8,400
New +$317K
SWX icon
2805
Southwest Gas
SWX
$6.49B
$324K ﹤0.01%
6,487
-20,793
-76% -$1.01M
VTI icon
2806
Vanguard Morningstar Total Stock Market ETF
VTI
$683B
$324K ﹤0.01%
+3,700
New +$322K
WPM icon
2807
PUT
Wheaton Precious Metals
WPM
$72.8B
$324K ﹤0.01%
+13,100
New +$312K
FMBI
2808
DELISTED
First Midwest Bancorp Inc/IL
FMBI
$324K ﹤0.01%
21,500
-170,571
-89% -$2.59M
PRDO icon
2809
Perdoceo Education
PRDO
$2.07B
$322K ﹤0.01%
117,142
+83,496
+248% +$257K
KBAL
2810
DELISTED
Kimball International
KBAL
$322K ﹤0.01%
37,177
-5,300
-12% -$44.9K
SCMP
2811
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
$322K ﹤0.01%
51,645
-7,581
-13% -$47.4K
SPLS
2812
DELISTED
Staples Inc
SPLS
$322K ﹤0.01%
+22,000
New +$345K
CLB icon
2813
CALL
Core Laboratories
CLB
$553M
$321K ﹤0.01%
+1,900
New +$295K
GRMN
2814
PUT
Garmin
GRMN
$56.2B
$321K ﹤0.01%
+7,100
New +$282K
PKD
2815
DELISTED
Parker Drilling Company
PKD
$321K ﹤0.01%
+3,757
New +$328K
ECYT
2816
DELISTED
Endocyte, Inc. Common Stock
ECYT
$321K ﹤0.01%
24,088
+10,492
+77% +$166K
ZEP
2817
DELISTED
ZEP INC COM STK (DE)
ZEP
$321K ﹤0.01%
19,759
+8,509
+76% +$120K
WSM icon
2818
CALL
Williams-Sonoma
WSM
$28B
$320K ﹤0.01%
+11,400
New +$330K
MTRN icon
2819
Materion
MTRN
$4.79B
$319K ﹤0.01%
9,949
-30,501
-75% -$932K
TAT
2820
DELISTED
TransAtlantic Petroleum LTD.
TAT
$319K ﹤0.01%
37,994
NMR icon
2821
Nomura Holdings
NMR
$28.5B
$316K ﹤0.01%
40,400
-1,002
-2% -$7.75K
TAP icon
2822
PUT
Molson Coors Class B
TAP
$8.02B
$316K ﹤0.01%
+6,300
New +$317K
ELME
2823
Elme Communities
ELME
$149M
$315K ﹤0.01%
12,451
+419
+3% +$10.9K
BWA icon
2824
PUT
BorgWarner
BWA
$13.1B
$314K ﹤0.01%
+7,043
New +$296K
JNJ icon
2825
PUT
Johnson & Johnson
JNJ
$658B
$314K ﹤0.01%
+4,000
New +$359K

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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.