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 | |
|---|---|---|---|---|---|---|
3026
Southside Bancshares
SBSI
$956M
| $301K | ﹤0.01% |
+13,049
| New | +$300K |
|
|
PBY
3027
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $301K | ﹤0.01% |
24,823
+14,356
| +137% | +$185K |
|
|
SIVB
3028
DELISTED
SVB Financial Group
SIVB
| $301K | ﹤0.01% |
+2,875
| New | +$281K |
|
|
GRMN
3029
PUT
Garmin
GRMN
$56.2B
| $300K | ﹤0.01% |
6,500
-600
| -8% | -$28.5K |
|
3030
Motorcar Parts of America
MPAA
$219M
| $300K | ﹤0.01% |
15,524
+2,577
| +20% | +$40.7K |
|
3031
CALL
Targa Resources
TRGP
$63.1B
| $300K | ﹤0.01% |
+3,400
| New | +$269K |
|
|
BLOX
3032
CALL
DELISTED
Infoblox Inc
BLOX
| $300K | ﹤0.01% |
+9,100
| New | +$356K |
|
3033
Grupo Aeroportuario del Sureste
ASR
$7.82B
| $299K | ﹤0.01% |
2,400
-9,930
| -81% | -$1.22M |
|
|
HNGR
3034
DELISTED
Hanger Inc.
HNGR
| $299K | ﹤0.01% |
7,603
-135,781
| -95% | -$4.98M |
|
|
HWCC
3035
DELISTED
Houston Wire & Cable Company
HWCC
| $299K | ﹤0.01% |
22,323
+11,180
| +100% | +$151K |
|
3036
CALL
Strategy Inc
MSTR
$48.7B
| $298K | ﹤0.01% |
+24,000
| New | +$283K |
|
3037
Iridium Communications
IRDM
$5.01B
| $297K | ﹤0.01% |
47,454
-85,292
| -64% | -$516K |
|
3038
Arbor Realty Trust
ABR
$979M
| $296K | ﹤0.01% |
44,500
+19,200
| +76% | +$128K |
|
3039
CALL
Community Health Systems
CYH
$424M
| $295K | ﹤0.01% |
9,075
-48,763
| -84% | -$1.68M |
|
3040
1st Source
SRCE
$2.07B
| $294K | ﹤0.01% |
+10,116
| New | +$282K |
|
3041
CALL
Meritage Homes
MTH
$4.73B
| $293K | ﹤0.01% |
+12,200
| New | +$264K |
|
3042
Evolution Petroleum
EPM
$125M
| $292K | ﹤0.01% |
+23,648
| New | +$285K |
|
|
LDK
3043
DELISTED
LDK SOLAR CO LTD.
LDK
| $292K | ﹤0.01% |
222,827
+122,234
| +122% | +$184K |
|
3044
CALL
Iron Mountain
IRM
$36.1B
| $291K | ﹤0.01% |
+10,387
| New | +$266K |
|
3045
Landstar System
LSTR
$6.11B
| $291K | ﹤0.01% |
+5,068
| New | +$284K |
|
3046
CALL
PRA Group
PRAA
$759M
| $291K | ﹤0.01% |
+5,500
| New | +$313K |
|
|
MON
3047
PUT
DELISTED
Monsanto Co
MON
| $291K | ﹤0.01% |
+2,500
| New | +$273K |
|
3048
CALL
DuPont de Nemours
DD
$18.5B
| $289K | ﹤0.01% |
+2,567
| New | +$263K |
|
3049
PUT
LyondellBasell Industries
LYB
$21.1B
| $289K | ﹤0.01% |
3,600
-298,900
| -99% | -$22.9M |
|
3050
PUT
Visa
V
$714B
| $289K | ﹤0.01% |
+5,200
| New | +$262K |
|
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.