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 | |
|---|---|---|---|---|---|---|
3151
PUT
Strategy Inc
MSTR
$48.7B
| $248K | ﹤0.01% |
+20,000
| New | +$236K |
|
3152
West Pharmaceutical
WST
$24.9B
| $248K | ﹤0.01% |
+5,062
| New | +$237K |
|
3153
Adecoagro
AGRO
$1.62B
| $247K | ﹤0.01% |
30,508
+15,200
| +99% | +$121K |
|
3154
Canadian Natural Resources
CNQ
$104B
| $247K | ﹤0.01% |
15,100
-230,165
| -94% | -$3.58M |
|
|
MRIN
3155
DELISTED
Marin Software
MRIN
| $247K | ﹤0.01% |
574
+213
| +59% | +$94.3K |
|
|
FCRE
3156
DELISTED
FC Global Realty Incorporated Common Stock
FCRE
| $247K | ﹤0.01% |
3,820
-108,960
| -97% | -$7.18M |
|
3157
PUT
Five Below
FIVE
$14.5B
| $246K | ﹤0.01% |
+5,700
| New | +$273K |
|
3158
PUT
Teradata
TDC
$2.56B
| $246K | ﹤0.01% |
+5,400
| New | +$245K |
|
|
KEM
3159
DELISTED
KEMET Corporation
KEM
| $246K | ﹤0.01% |
+43,573
| New | +$241K |
|
3160
PUT
Capital One
COF
$133B
| $245K | ﹤0.01% |
+3,200
| New | +$228K |
|
3161
8x8 Inc
EGHT
$286M
| $245K | ﹤0.01% |
24,091
-33,397
| -58% | -$341K |
|
|
XIN
3162
DELISTED
Xinyuan Real Estate
XIN
| $243K | ﹤0.01% |
4,542
+365
| +9% | +$22K |
|
|
ENDP
3163
PUT
DELISTED
Endo International plc
ENDP
| $243K | ﹤0.01% |
+3,600
| New | +$205K |
|
|
AAV
3164
DELISTED
Advantage Oil & Gas Ltd
AAV
| $243K | ﹤0.01% |
55,900
+17,998
| +47% | +$72.7K |
|
3165
Logitech
LOGI
$13.9B
| $242K | ﹤0.01% |
+17,703
| New | +$192K |
|
3166
RE/MAX Holdings
RMAX
$263M
| $242K | ﹤0.01% |
+7,561
| New | +$223K |
|
|
IOC
3167
DELISTED
Interoil Corporation
IOC
| $242K | ﹤0.01% |
+4,705
| New | +$326K |
|
3168
PUT
Macerich
MAC
$6.91B
| $241K | ﹤0.01% |
+4,100
| New | +$238K |
|
|
DZSI
3169
DELISTED
DZS Inc. Common Stock
DZSI
| $241K | ﹤0.01% |
+9,039
| New | +$193K |
|
|
TAHO
3170
DELISTED
Tahoe Resources Inc
TAHO
| $241K | ﹤0.01% |
+14,500
| New | +$255K |
|
3171
CALL
Copa Holdings
CPA
$5.95B
| $240K | ﹤0.01% |
1,500
-500
| -25% | -$75.6K |
|
3172
Univest Financial
UVSP
$1.15B
| $240K | ﹤0.01% |
+11,621
| New | +$232K |
|
|
CMGE
3173
DELISTED
CHINA MOBILE GAMES & ENTMT GRP LTD SPON ADR (CYM)
CMGE
| $240K | ﹤0.01% |
+9,500
| New | +$166K |
|
3174
PUT
VeriSign
VRSN
$26.3B
| $239K | ﹤0.01% |
+4,000
| New | +$220K |
|
3175
CALL
Viatris
VTRS
$19B
| $239K | ﹤0.01% |
5,500
-436,100
| -99% | -$17.9M |
|
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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.