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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
MUX icon
3476
McEwen Inc
MUX
$1.28B
-3,177
Closed -$53K
MVO
3477
DELISTED
MV Oil Trust
MVO
-6,886
Closed -$216K
NAT icon
3478
Nordic American Tanker
NAT
$1.48B
-14,371
Closed -$106K
NBHC icon
3479
National Bank Holdings
NBHC
$1.86B
-92,298
Closed -$1.82M
NFG icon
3480
National Fuel Gas
NFG
$7.84B
-140,497
Closed -$8.14M
NFLX icon
3481
Netflix
NFLX
$331B
-9,850,750
Closed -$38M
NHI icon
3482
National Health Investors
NHI
$3.6B
-3,403
Closed -$204K
NICE icon
3483
Nice
NICE
$5.87B
-28,387
Closed -$1.05M
NSC icon
3484
Norfolk Southern
NSC
$78.8B
-123,848
Closed -$9.28M
NVS icon
3485
Novartis
NVS
$302B
-5,028
Closed -$319K
OFIX icon
3486
CALL
Orthofix Medical
OFIX
$408M
-20,400
Closed -$549K
OHI icon
3487
Omega Healthcare
OHI
$14.1B
-25,528
Closed -$792K
OII icon
3488
Oceaneering
OII
$5.28B
-33,037
Closed -$2.38M
OIS icon
3489
PUT
Oil States International
OIS
$522M
-44,625
Closed -$2.36M
ORLY icon
3490
O'Reilly Automotive
ORLY
$72.1B
-1,214,415
Closed -$9.93M
OSK icon
3491
Oshkosh
OSK
$9.7B
-162,407
Closed -$6.17M
OVV icon
3492
PUT
Ovintiv
OVV
$18.5B
-41,160
Closed -$3.49M
OXM icon
3493
Oxford Industries
OXM
$540M
-9,239
Closed -$577K
PBA icon
3494
Pembina Pipeline
PBA
$28.3B
-28,157
Closed -$862K
PBF icon
3495
PBF Energy
PBF
$8.72B
-73,918
Closed -$1.67M
PBT
3496
Permian Basin Royalty Trust
PBT
$1.6B
-39,697
Closed -$528K
PH icon
3497
Parker-Hannifin
PH
$126B
-50,335
Closed -$5.18M
PHI icon
3498
PLDT
PHI
$4.19B
-12,321
Closed -$836K
PIPR icon
3499
Piper Sandler
PIPR
$5.3B
-62,604
Closed -$495K
PLOW icon
3500
Douglas Dynamics
PLOW
$973M
-13,600
Closed -$177K

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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.