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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
CATY icon
3301
Cathay General Bancorp
CATY
$4.16B
-77,563
Closed -$1.58M
CB icon
3302
Chubb
CB
$133B
-98,286
Closed -$8.79M
CB icon
3303
PUT
Chubb
CB
$133B
-2,800
Closed -$251K
CBOE icon
3304
CALL
Cboe Global Markets
CBOE
$32.2B
-23,800
Closed -$1.11M
CCEP icon
3305
Coca-Cola Europacific Partners
CCEP
$48.3B
-262,606
Closed -$9.23M
CCJ icon
3306
PUT
Cameco
CCJ
$44.6B
-20,400
Closed -$421K
CCK icon
3307
Crown Holdings
CCK
$13B
-52,002
Closed -$2.14M
CCRN
3308
DELISTED
Cross Country Healthcare
CCRN
-25,219
Closed -$130K
CENTA icon
3309
Central Garden & Pet Co Class A
CENTA
$2.41B
-58,071
Closed -$321K
CENX icon
3310
Century Aluminum
CENX
$4.32B
-361,120
Closed -$3.35M
CFR icon
3311
Cullen/Frost Bankers
CFR
$10.2B
-27,951
Closed -$1.87M
CHEF icon
3312
Chefs' Warehouse
CHEF
$4.62B
-17,224
Closed -$296K
CIA icon
3313
Citizens
CIA
$195M
-13,722
Closed -$82K
CLH icon
3314
Clean Harbors
CLH
$16.5B
-126,445
Closed -$6.39M
CLW icon
3315
Clearwater Paper
CLW
$343M
-9,362
Closed -$441K
CMC icon
3316
Commercial Metals
CMC
$7.14B
-156,769
Closed -$2.31M
CMCO icon
3317
Columbus McKinnon
CMCO
$518M
-27,361
Closed -$583K
CMI icon
3318
Cummins
CMI
$78.7B
-122,821
Closed -$13.3M
CMP icon
3319
Compass Minerals
CMP
$1.03B
-54,990
Closed -$4.36M
CNC icon
3320
Centene
CNC
$32.4B
-640,140
Closed -$9.22M
CNQ icon
3321
CALL
Canadian Natural Resources
CNQ
$104B
-206,855
Closed -$2.83M
CNX icon
3322
PUT
CNX Resources
CNX
$5.4B
-91,320
Closed -$2.06M
CNXN icon
3323
PC Connection
CNXN
$1.94B
-21,210
Closed -$328K
COP icon
3324
CALL
ConocoPhillips
COP
$160B
-356,000
Closed -$21.5M
COR icon
3325
Cencora
COR
$61.5B
-295,762
Closed -$16.5M

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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.