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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
LL
3626
DELISTED
LL Flooring Holdings, Inc.
LL
-1,226
Closed -$95K
WIRE
3627
DELISTED
Encore Wire Corp
WIRE
-6,364
Closed -$217K
CEM
3628
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
-20,000
Closed -$2.07M
SP
3629
DELISTED
SP Plus Corporation
SP
-11,806
Closed -$253K
MDC
3630
CALL
DELISTED
M.D.C. Holdings, Inc.
MDC
-69,442
Closed -$1.63M
MDC
3631
PUT
DELISTED
M.D.C. Holdings, Inc.
MDC
-69,442
Closed -$1.63M
NEPT
3632
DELISTED
Neptune Wellness Solutions Inc. Ordinary Shares
NEPT
-8
Closed -$34K
ONCT
3633
CALL
DELISTED
Oncternal Therapeutics, Inc. Common Stock
ONCT
-151
Closed -$1.39M
ONCT
3634
DELISTED
Oncternal Therapeutics, Inc. Common Stock
ONCT
-39
Closed -$360K
PRTK
3635
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
-3,000
Closed -$109K
ABB
3636
DELISTED
ABB Ltd
ABB
-11,400
Closed -$247K
FRC
3637
DELISTED
First Republic Bank
FRC
-139,943
Closed -$5.38M
AIMC
3638
DELISTED
Altra Industrial Motion Corp
AIMC
-24,295
Closed -$665K
CAJ
3639
DELISTED
Canon, Inc.
CAJ
-78,204
Closed -$2.57M
IVC
3640
DELISTED
Invacare Corporation
IVC
-219,184
Closed -$3.15M
TTM
3641
DELISTED
Tata Motors Limited
TTM
-425,966
Closed -$9.98M
CLR
3642
DELISTED
CONTINENTAL RESOURCES INC.
CLR
-3,580
Closed -$172K
Y
3643
DELISTED
Alleghany Corp
Y
-1,281
Closed -$491K
DRE
3644
DELISTED
Duke Realty Corp.
DRE
-104,073
Closed -$1.62M
ENDP
3645
DELISTED
Endo International plc
ENDP
-113,395
Closed -$4.17M
ENDP
3646
PUT
DELISTED
Endo International plc
ENDP
-50,000
Closed -$1.84M
COHR
3647
DELISTED
Coherent Inc
COHR
-4,192
Closed -$231K
ZNGA
3648
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
-250,000
Closed -$695K
DISCK
3649
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
-158,434
Closed -$5.87M
GSS
3650
DELISTED
Golden Star Resources Ltd.
GSS
-135,389
Closed -$284K

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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.