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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
FRO icon
3201
Frontline
FRO
$9.81B
$66K ﹤0.01%
+4,949
New +$62.1K
BONA
3202
DELISTED
BONA FILM GROUP LTD SPONSORED ADS
BONA
$65K ﹤0.01%
+12,300
New +$56.5K
CSE
3203
DELISTED
CAPITALSOURCE INC
CSE
$65K ﹤0.01%
5,479
-301,245
-98% -$3.41M
MXIM
3204
DELISTED
Maxim Integrated Products
MXIM
$63K ﹤0.01%
2,100
-128,174
-98% -$3.65M
CADE
3205
DELISTED
Cadence Bank
CADE
$62K ﹤0.01%
3,103
-93,186
-97% -$1.83M
CVO
3206
DELISTED
Cenevo, Inc.
CVO
$62K ﹤0.01%
+2,610
New +$52.8K
PPP
3207
DELISTED
Primero Mining Corp
PPP
$58K ﹤0.01%
10,600
-1,900
-15% -$9.62K
LEE icon
3208
Lee Enterprises
LEE
$183M
$56K ﹤0.01%
+2,105
New +$57.4K
SGYP
3209
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
$56K ﹤0.01%
12,472
-62,844
-83% -$282K
HEI.A icon
3210
HEICO Corp Class A
HEI.A
$36.2B
$55K ﹤0.01%
3,357
+610
+22% +$8.68K
HXM
3211
DELISTED
DESARROLLADORA HOMES DA DE CV (HOMEX DEV. CORP)
HXM
$53K ﹤0.01%
+24,981
New +$60.3K
MSPD
3212
DELISTED
MINDSPEED TECHNOLOGIES INC COM STK
MSPD
$53K ﹤0.01%
17,473
-232,527
-93% -$725K
PCYO icon
3213
Pure Cycle
PCYO
$280M
$51K ﹤0.01%
+10,962
New +$59.5K
IMUC
3214
DELISTED
ImmunoCellular Therapeutics, Ltd.
IMUC
$51K ﹤0.01%
+499
New +$54.8K
GLUU
3215
DELISTED
Glu Mobile Inc.
GLUU
$50K ﹤0.01%
17,901
-737
-4% -$1.83K
INSG icon
3216
Inseego
INSG
$72.1M
$49K ﹤0.01%
+1,893
New +$66K
ZAGG
3217
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
$49K ﹤0.01%
+10,900
New +$52.6K
ENTR
3218
DELISTED
ENTROPIC COMMUNICATIONS INC COM STK (DE)
ENTR
$49K ﹤0.01%
11,338
-79,102
-87% -$330K
OCZ
3219
DELISTED
OCZ TECHNOLOGY GROUP INC COM STK NEW (DE)
OCZ
$48K ﹤0.01%
36,722
+20,422
+125% +$31.8K
ROSG
3220
DELISTED
Rosetta Genomics Ltd.
ROSG
$45K ﹤0.01%
1,175
-83
-7% -$3.37K
TSYS
3221
DELISTED
TELECOMMUNICATIONS SYS INC "A"
TSYS
$44K ﹤0.01%
+18,037
New +$47.8K
CRMBW
3222
DELISTED
CRUMBS BAKE SHOP INC WT EXP 5/5/2016
CRMBW
$44K ﹤0.01%
400,000
DFBG
3223
DELISTED
Differential Brands Group Inc
DFBG
$41K ﹤0.01%
+1,263
New +$49.4K
COCO
3224
DELISTED
CORINTHIAN COLLEGES INC
COCO
$39K ﹤0.01%
17,709
-30,432
-63% -$70.6K
MNI
3225
DELISTED
The McClatchy Company Class A Common Stock
MNI
$38K ﹤0.01%
1,280
-250
-16% -$7.45K

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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.