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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
MGLN
3651
DELISTED
Magellan Health Services, Inc.
MGLN
-4,835
Closed -$271K
ZIXI
3652
DELISTED
Zix Corporation
ZIXI
-31,978
Closed -$135K
SPRT
3653
DELISTED
support.com, Inc.
SPRT
-24,962
Closed -$342K
SYKE
3654
DELISTED
SYKES Enterprises Inc
SYKE
-24,340
Closed -$384K
LEAF
3655
DELISTED
Leaf Group Ltd.
LEAF
-163,644
Closed -$1.95M
CMD
3656
DELISTED
Cantel Medical Corporation
CMD
-17,759
Closed -$401K
AT
3657
DELISTED
Atlantic Power Corporation
AT
-25,700
Closed -$101K
WDR
3658
DELISTED
Waddell & Reed Financial, Inc.
WDR
-27,561
Closed -$1.2M
RP
3659
DELISTED
RealPage, Inc.
RP
-49,205
Closed -$902K
VAR
3660
CALL
DELISTED
Varian Medical Systems, Inc.
VAR
-13,913
Closed -$823K
PRGX
3661
DELISTED
PRGX Global, Inc.
PRGX
-14,318
Closed -$79K
VRTU
3662
DELISTED
Virtusa Corporation
VRTU
-32,283
Closed -$715K
FRAN
3663
DELISTED
Francesca's Holdings Corporation
FRAN
-1,608
Closed -$536K
GPOR
3664
CALL
DELISTED
Gulfport Energy Corp.
GPOR
-460,300
Closed -$21.7M
WMGI
3665
CALL
DELISTED
Wright Medical Group Inc
WMGI
-10,200
Closed -$267K
WMGI
3666
PUT
DELISTED
Wright Medical Group Inc
WMGI
-125,700
Closed -$3.29M
AMTD
3667
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
-11,900
Closed -$289K
AMTD
3668
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
-272,700
Closed -$6.62M
MNTA
3669
CALL
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
-60,200
Closed -$907K
JE
3670
DELISTED
Just Energy Group Inc
JE
-2,364
Closed -$464K
SMRT
3671
DELISTED
Stein Mart Inc
SMRT
-18,638
Closed -$254K
GNC
3672
DELISTED
GNC Holdings, Inc.
GNC
-234,696
Closed -$12M
AXE
3673
DELISTED
Anixter International Inc
AXE
-4,087
Closed -$310K
PGNX
3674
DELISTED
Progenics Pharmaceuticals Inc
PGNX
-33,877
Closed -$151K
I
3675
DELISTED
INTELSAT S. A.
I
-11,179
Closed -$224K

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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.