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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
PNFP icon
3501
Pinnacle Financial Partners Inc
PNFP
$15.5B
-53,114
Closed -$1.37M
PPC icon
3502
Pilgrim's Pride
PPC
$7.68B
-296,839
Closed -$4.43M
PPC icon
3503
PUT
Pilgrim's Pride
PPC
$7.68B
-10,500
Closed -$157K
PRU icon
3504
Prudential Financial
PRU
$41.8B
-548,965
Closed -$40.1M
PSMT icon
3505
Pricesmart
PSMT
$5.33B
-4,186
Closed -$367K
PUK icon
3506
Prudential
PUK
$35B
-71,203
Closed -$2.26M
QCOM icon
3507
CALL
Qualcomm
QCOM
$169B
-18,600
Closed -$1.14M
QDEL icon
3508
QuidelOrtho
QDEL
$1.01B
-26,626
Closed -$680K
QLYS icon
3509
Qualys
QLYS
$6.3B
-12,200
Closed -$197K
QQQ icon
3510
Invesco QQQ Trust
QQQ
$487B
-125,600
Closed -$8.95M
QQQ icon
3511
PUT
Invesco QQQ Trust
QQQ
$487B
-120,400
Closed -$8.58M
QUAD icon
3512
Quad
QUAD
$532M
-20,100
Closed -$593K
RAIL icon
3513
FreightCar America
RAIL
$242M
-20,872
Closed -$355K
RCI icon
3514
Rogers Communications
RCI
$19.6B
-12,627
Closed -$514K
RDUS
3515
CALL
DELISTED
Radius Recycling
RDUS
-93,400
Closed -$2.18M
RDY icon
3516
Dr. Reddy's Laboratories
RDY
$10.1B
-88,585
Closed -$670K
REX icon
3517
REX American Resources
REX
$1.47B
-206,790
Closed -$992K
RGLD icon
3518
CALL
Royal Gold
RGLD
$21.9B
-4,900
Closed -$206K
RGLD icon
3519
PUT
Royal Gold
RGLD
$21.9B
-4,800
Closed -$202K
RGP icon
3520
Resources Connection
RGP
$149M
-61,204
Closed -$710K
RGR icon
3521
Sturm, Ruger & Co
RGR
$624M
-29,074
Closed -$1.4M
RMD icon
3522
ResMed
RMD
$33.4B
-175,006
Closed -$8.49M
RNST icon
3523
Renasant Corp
RNST
$3.79B
-13,361
Closed -$325K
RUSHA icon
3524
Rush Enterprises Class A
RUSHA
$8.54B
-66,875
Closed -$736K
RYAAY icon
3525
Ryanair
RYAAY
$28.9B
-353,355
Closed -$7.47M

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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.