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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
ESC
3001
DELISTED
EMERITUS CORP
ESC
$237K ﹤0.01%
12,799
-448,338
-97% -$10.1M
HLIO icon
3002
Helios Technologies
HLIO
$2.44B
$236K ﹤0.01%
+6,500
New +$213K
TRQ
3003
DELISTED
Turquoise Hill Resources Ltd
TRQ
$236K ﹤0.01%
6,950
-16,363
-70% -$644K
MIG
3004
DELISTED
MEADOWBROOK INSURANCE GRP INC
MIG
$236K ﹤0.01%
36,366
-82,575
-69% -$590K
RBC icon
3005
RBC Bearings
RBC
$15.7B
$235K ﹤0.01%
3,567
-15,923
-82% -$935K
WDC icon
3006
CALL
Western Digital
WDC
$157B
$235K ﹤0.01%
+4,895
New +$242K
NTT
3007
DELISTED
Nippon Telegraph & Telephone
NTT
$235K ﹤0.01%
9,033
-6,838
-43% -$179K
RSG icon
3008
PUT
Republic Services
RSG
$68.3B
$234K ﹤0.01%
7,000
-13,400
-66% -$456K
MUSA icon
3009
Murphy USA
MUSA
$10.4B
$233K ﹤0.01%
+5,765
New +$231K
CHTP
3010
DELISTED
CHELSEA THERAPEUTICS INT'L LTD
CHTP
$233K ﹤0.01%
+78,065
New +$224K
TEN
3011
PUT
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
$232K ﹤0.01%
+4,600
New +$224K
BUSE icon
3012
First Busey Corp
BUSE
$2.5B
$231K ﹤0.01%
14,802
-13,568
-48% -$201K
TA
3013
DELISTED
TravelCenters of America LLC
TA
$231K ﹤0.01%
5,880
+1,228
+26% +$56.3K
TRAK
3014
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
$231K ﹤0.01%
+5,386
New +$213K
PLL
3015
CALL
DELISTED
PALL CORP
PLL
$231K ﹤0.01%
+3,000
New +$215K
POOL icon
3016
CALL
Pool Corp
POOL
$6.84B
$230K ﹤0.01%
+4,100
New +$222K
TM icon
3017
PUT
Toyota
TM
$229B
$230K ﹤0.01%
+1,800
New +$229K
APFC
3018
DELISTED
AMERICAN PACIFIC CORP
APFC
$230K ﹤0.01%
+4,200
New +$177K
KELYA icon
3019
Kelly Services Class A
KELYA
$583M
$229K ﹤0.01%
11,776
+1,238
+12% +$23.5K
PZE
3020
DELISTED
Petrobras Argentina S A
PZE
$229K ﹤0.01%
40,594
+28,794
+244% +$130K
J icon
3021
PUT
Jacobs Solutions
J
$17.7B
$227K ﹤0.01%
+4,715
New +$229K
PDLI
3022
DELISTED
PDL BioPharma, Inc.
PDLI
$227K ﹤0.01%
28,541
-63,684
-69% -$512K
CHKP icon
3023
PUT
Check Point Software Technologies
CHKP
$13.3B
$226K ﹤0.01%
+4,000
New +$225K
DMC
3024
Del Monte Corp
DMC
$1.51B
$226K ﹤0.01%
+7,600
New +$221K
TAP icon
3025
CALL
Molson Coors Class B
TAP
$8.02B
$226K ﹤0.01%
+4,500
New +$226K

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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.