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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
UHT
3576
Universal Health Realty Income Trust
UHT
$573M
-16,089
Closed -$694K
UPS icon
3577
CALL
United Parcel Service
UPS
$86.8B
-31,500
Closed -$2.72M
UPS icon
3578
United Parcel Service
UPS
$86.8B
-170,385
Closed -$14.7M
UPS icon
3579
PUT
United Parcel Service
UPS
$86.8B
-181,500
Closed -$15.7M
URI icon
3580
PUT
United Rentals
URI
$68.4B
-71,900
Closed -$3.59M
USB icon
3581
PUT
US Bancorp
USB
$96.7B
-241,000
Closed -$8.71M
AD
3582
Array Digital Infrastructure
AD
$3.08B
-14,748
Closed -$541K
USLM icon
3583
United States Lime & Minerals
USLM
$3.41B
-31,340
Closed -$328K
USO icon
3584
PUT
United States Oil Fund
USO
$2.24B
-2,500
Closed -$684K
UVV icon
3585
Universal Corp
UVV
$1.12B
-41,249
Closed -$2.39M
UVXY icon
3586
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$268M
0
-$754K
VHC icon
3587
CALL
VirnetX Holding Corp
VHC
$53.1M
-1,000
Closed -$400K
VHI icon
3588
Valhi
VHI
$476M
-3,004
Closed -$495K
VIAV icon
3589
Viavi Solutions
VIAV
$9.6B
-373,647
Closed -$3.06M
VIV icon
3590
Telefônica Brasil
VIV
$18.3B
-17,808
Closed -$406K
VMI icon
3591
Valmont Industries
VMI
$9.38B
-18,558
Closed -$2.65M
VNET
3592
VNET Group
VNET
$1.91B
-17,343
Closed -$196K
VRSN icon
3593
PUT
VeriSign
VRSN
$25.5B
-158,100
Closed -$7.06M
VRTX icon
3594
CALL
Vertex Pharmaceuticals
VRTX
$139B
-40,300
Closed -$3.23M
WAT icon
3595
Waters Corp
WAT
$40.4B
-14,533
Closed -$1.45M
WCC
3596
PUT
WESCO International
WCC
$17B
-2,000
Closed -$136K
WERN icon
3597
Werner Enterprises
WERN
$2.33B
-129,044
Closed -$3.12M
WFC icon
3598
PUT
Wells Fargo
WFC
$254B
-103,000
Closed -$4.25M
WIT icon
3599
Wipro
WIT
$18.7B
-259,499
Closed -$354K
WLY icon
3600
John Wiley & Sons Class A
WLY
$2.62B
-15,406
Closed -$618K

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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.