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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
RYN icon
3526
CALL
Rayonier
RYN
$6.31B
-6,199
Closed -$233K
RYN icon
3527
PUT
Rayonier
RYN
$6.31B
-7,084
Closed -$266K
SANM icon
3528
CALL
Sanmina
SANM
$10.1B
-18,200
Closed -$261K
FLNA
3529
Filana Therapeutics
FLNA
$46.4M
-1,586
Closed -$25K
SBGI icon
3530
Sinclair Inc
SBGI
$1.04B
-3,956
Closed -$112K
SBSI icon
3531
Southside Bancshares
SBSI
$956M
-13,288
Closed -$267K
SF
3532
Stifel
SF
$12.2B
-184,399
Closed -$2.92M
SFL icon
3533
PUT
SFL Corp
SFL
$1.65B
-230,000
Closed -$3.41M
SIGA icon
3534
SIGA Technologies
SIGA
$218M
-12,700
Closed -$36K
SIRI icon
3535
CALL
SiriusXM
SIRI
$9.67B
-30,000
Closed -$1M
SKYW icon
3536
Skywest
SKYW
$3.93B
-16,404
Closed -$222K
SLV icon
3537
CALL
iShares Silver Trust
SLV
$33.8B
-301,100
Closed -$5.71M
SMP icon
3538
Standard Motor Products
SMP
$863M
-9,446
Closed -$324K
SNN icon
3539
Smith & Nephew
SNN
$12.2B
-16,250
Closed -$365K
SQM icon
3540
Sociedad Química y Minera de Chile
SQM
$23.4B
-154,784
Closed -$6.09M
SRDX
3541
DELISTED
Surmodics
SRDX
-35,868
Closed -$718K
SSP icon
3542
E.W. Scripps
SSP
$303M
-74,194
Closed -$1.03M
STLD icon
3543
PUT
Steel Dynamics
STLD
$32.8B
-300,000
Closed -$4.47M
SVC
3544
Service Properties Trust
SVC
$1.05B
-41,121
Closed -$5.37M
SVM
3545
Silvercorp Metals
SVM
$2.77B
-52,330
Closed -$148K
SWBI icon
3546
CALL
Smith & Wesson
SWBI
$632M
-390,300
Closed -$2.99M
SXT icon
3547
Sensient Technologies
SXT
$5.73B
-26,861
Closed -$1.09M
SYNA icon
3548
Synaptics
SYNA
$3.82B
-241,722
Closed -$9.32M
T icon
3549
AT&T
T
$173B
-392,864
Closed -$10.5M
TCBK icon
3550
TriCo Bancshares
TCBK
$1.76B
-18,447
Closed -$393K

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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.