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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
IPAR icon
3426
Interparfums
IPAR
$3.72B
-81,637
Closed -$2.33M
IPG
3427
CALL
DELISTED
Interpublic Group of Companies
IPG
-200,000
Closed -$2.91M
IPI icon
3428
Intrepid Potash
IPI
$509M
-7,555
Closed -$1.44M
IRM icon
3429
CALL
Iron Mountain
IRM
$35.5B
-69,464
Closed -$1.71M
IRS
3430
IRSA Inversiones y Representaciones
IRS
$1.27B
-18,844
Closed -$135K
IWM icon
3431
PUT
iShares Russell 2000 ETF
IWM
$81.2B
-50,000
Closed -$4.85M
JAZZ icon
3432
CALL
Jazz Pharmaceuticals
JAZZ
$16.4B
-42,100
Closed -$2.89M
JAZZ icon
3433
PUT
Jazz Pharmaceuticals
JAZZ
$16.4B
-6,100
Closed -$419K
JEF icon
3434
CALL
Jefferies Financial Group
JEF
$12B
-22,789
Closed -$535K
JJSF icon
3435
J&J Snack Foods
JJSF
$1.67B
-12,195
Closed -$949K
KB icon
3436
KB Financial Group
KB
$41.5B
-19,500
Closed -$578K
KBH icon
3437
CALL
KB Home
KBH
$3.41B
-1,084,100
Closed -$21.3M
KMB icon
3438
Kimberly-Clark
KMB
$36.9B
-32,640
Closed -$3.04M
KNDI
3439
Kandi Technologies Group
KNDI
$65.3M
-108,573
Closed -$610K
KNOP icon
3440
KNOT Offshore Partners
KNOP
$363M
-50,500
Closed -$1.11M
KOP icon
3441
Koppers
KOP
$853M
-32,034
Closed -$1.22M
KRG icon
3442
Kite Realty
KRG
$5.26B
-13,939
Closed -$336K
KT icon
3443
KT
KT
$9.04B
-36,545
Closed -$567K
KTCC icon
3444
Key Tronic
KTCC
$41.8M
-14,100
Closed -$146K
MZTI
3445
The Marzetti Company
MZTI
$3.13B
-22,418
Closed -$1.75M
LDOS icon
3446
Leidos
LDOS
$17.4B
-31,642
Closed -$1.09M
LECO icon
3447
Lincoln Electric
LECO
$15.3B
-52,607
Closed -$3.01M
LFVN icon
3448
LifeVantage
LFVN
$85.8M
-11,283
Closed -$183K
LKFN icon
3449
Lakeland Financial Corp
LKFN
$1.5B
-22,343
Closed -$413K
LMNR icon
3450
Limoneira
LMNR
$255M
-25,700
Closed -$533K

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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.