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 | |
|---|---|---|---|---|---|---|
|
FXEN
3251
DELISTED
FX ENERGY INC
FXEN
| $194K | ﹤0.01% |
53,100
+32,000
| +152% | +$109K |
|
|
FLNA
3252
Filana Therapeutics
FLNA
$44.9M
| $189K | ﹤0.01% |
+5,547
| New | +$147K |
|
|
ARI
3253
Apollo Commercial Real Estate
ARI
$883M
| $188K | ﹤0.01% |
11,576
-19,555
| -63% | -$317K |
|
|
IPHI
3254
DELISTED
INPHI CORPORATION
IPHI
| $188K | ﹤0.01% |
14,539
-12,561
| -46% | -$161K |
|
|
ACW
3255
DELISTED
Accuride Corp
ACW
| $188K | ﹤0.01% |
50,276
-23,705
| -32% | -$93.7K |
|
|
AVID
3256
DELISTED
Avid Technology Inc
AVID
| $187K | ﹤0.01% |
22,977
-11,222
| -33% | -$85.7K |
|
|
VOCS
3257
DELISTED
VOCUS INC
VOCS
| $184K | ﹤0.01% |
16,128
-63,526
| -80% | -$612K |
|
|
CSE
3258
DELISTED
CAPITALSOURCE INC
CSE
| $184K | ﹤0.01% |
12,786
+7,307
| +133% | +$98.2K |
|
|
CHKR
3259
DELISTED
CHESAPEAKE GRANITE WASH TRUST
CHKR
| $183K | ﹤0.01% |
17,300
+1,447
| +9% | +$17.5K |
|
|
CPL
3260
DELISTED
CPFL Energia S.A.
CPL
| $182K | ﹤0.01% |
12,036
-59,042
| -83% | -$939K |
|
|
HCBK
3261
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $181K | ﹤0.01% |
19,172
-212,250
| -92% | -$1.95M |
|
|
MCRL
3262
DELISTED
MICREL INC
MCRL
| $181K | ﹤0.01% |
18,300
-293,658
| -94% | -$2.75M |
|
|
CHMI
3263
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $180K | ﹤0.01% |
+10,100
| New | +$180K |
|
3264
Lesaka Technologies
LSAK
$392M
| $176K | ﹤0.01% |
20,142
-80,699
| -80% | -$856K |
|
|
CDR
3265
DELISTED
Cedar Realty Trust, Inc
CDR
| $176K | ﹤0.01% |
4,258
-16,322
| -79% | -$614K |
|
3266
PUT
Advanced Micro Devices
AMD
$746B
| $174K | ﹤0.01% |
45,000
| – | – |
|
3267
Perion Network
PERI
$385M
| $171K | ﹤0.01% |
4,713
-30,091
| -86% | -$1.04M |
|
3268
PhenixFIN
PFX
$105M
| $169K | ﹤0.01% |
609
+48
| +9% | +$13.4K |
|
3269
MaxLinear
MXL
$5.69B
| $168K | ﹤0.01% |
16,099
-45,897
| -74% | -$395K |
|
|
PHLT
3270
DELISTED
Performant Healthcare Inc
PHLT
| $168K | ﹤0.01% |
16,291
-10,988
| -40% | -$111K |
|
3271
Fate Therapeutics
FATE
$292M
| $165K | ﹤0.01% |
+26,201
| New | +$165K |
|
3272
Manchester United
MANU
$4.09B
| $165K | ﹤0.01% |
+10,600
| New | +$174K |
|
|
JASO
3273
DELISTED
JA Solar Holdings, Co., Ltd
JASO
| $164K | ﹤0.01% |
17,887
-246,330
| -93% | -$2.48M |
|
|
NVMI
3274
Nova
NVMI
$11.5B
| $162K | ﹤0.01% |
+16,476
| New | +$148K |
|
|
SEAC
3275
DELISTED
Seachange International Inc
SEAC
| $161K | ﹤0.01% |
661
-386
| -37% | -$102K |
|
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.