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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
LNN icon
3451
Lindsay Corp
LNN
$1.18B
-4,229
Closed -$317K
LOGI icon
3452
Logitech
LOGI
$13.8B
-11,100
Closed -$78K
LSTR icon
3453
Landstar System
LSTR
$6.33B
-151,045
Closed -$7.78M
LTC
3454
LTC Properties
LTC
$2.17B
-141,128
Closed -$5.51M
LUMN icon
3455
CALL
Lumen
LUMN
$6.13B
-250,000
Closed -$8.84M
LUMN icon
3456
PUT
Lumen
LUMN
$6.13B
-259,500
Closed -$9.17M
LVS icon
3457
CALL
Las Vegas Sands
LVS
$30.5B
-175,000
Closed -$9.26M
MAT icon
3458
Mattel
MAT
$4.15B
-102,362
Closed -$4.64M
MCD icon
3459
CALL
McDonald's
MCD
$192B
-20,000
Closed -$1.98M
MCD icon
3460
PUT
McDonald's
MCD
$192B
-20,000
Closed -$1.98M
MCY icon
3461
Mercury Insurance
MCY
$5.85B
-32,830
Closed -$1.44M
MDGL icon
3462
Madrigal Pharmaceuticals
MDGL
$11.9B
-963
Closed -$168K
MDY icon
3463
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
-7,859
Closed -$1.65M
MGA icon
3464
Magna International
MGA
$19.5B
-132,930
Closed -$4.73M
MOS icon
3465
The Mosaic Company
MOS
$7.76B
-229,249
Closed -$10.7M
MRTN icon
3466
Marten Transport
MRTN
$1.22B
-82,495
Closed -$517K
MS icon
3467
PUT
Morgan Stanley
MS
$336B
-146,400
Closed -$3.58M
MSI icon
3468
Motorola Solutions
MSI
$79.5B
-52,838
Closed -$3.05M
MTD icon
3469
Mettler-Toledo International
MTD
$28B
-91,922
Closed -$18.5M
MTB icon
3470
CALL
M&T Bank
MTB
$34.7B
-2,200
Closed -$246K
MTB icon
3471
PUT
M&T Bank
MTB
$34.7B
-2,500
Closed -$279K
MTG icon
3472
CALL
MGIC Investment
MTG
$6.34B
-500,000
Closed -$3.04M
MTG icon
3473
PUT
MGIC Investment
MTG
$6.34B
-500,000
Closed -$3.04M
MTRX icon
3474
Matrix Service
MTRX
$311M
-114,878
Closed -$1.79M
MTSI icon
3475
MACOM Technology Solutions
MTSI
$20.4B
-14,130
Closed -$206K

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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.