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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
ANW
3701
DELISTED
Aegean Marine Petroleum Network
ANW
-95,908
Closed -$888K
XCRA
3702
DELISTED
Xcerra Corporation
XCRA
-19,400
Closed -$116K
NSM
3703
DELISTED
Nationstar Mortgage Holdings
NSM
-793,726
Closed -$38.7M
IPCC
3704
DELISTED
Infinity Property & Casualty C
IPCC
-6,806
Closed -$407K
WIN
3705
DELISTED
Windstream Holdings Inc
WIN
-21,622
Closed -$1.31M
BBRG
3706
DELISTED
Bravo Brio Restaurant Group Inc.
BBRG
-36,849
Closed -$657K
LNCE
3707
DELISTED
Snyders-Lance, Inc.
LNCE
-14,651
Closed -$416K
CCC
3708
DELISTED
Calgon Carbon Corp
CCC
-57,685
Closed -$962K
GNCMA
3709
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
-63,883
Closed -$500K
RT
3710
DELISTED
Ruby Tuesday Georgia
RT
-88,793
Closed -$820K
TESO
3711
DELISTED
Tesco Corp
TESO
-437,611
Closed -$5.8M
VALE.P
3712
DELISTED
Vale S A
VALE.P
-457,800
Closed -$5.57M
CEMP
3713
DELISTED
Cempra, Inc.
CEMP
-91,248
Closed -$709K
PCBK
3714
DELISTED
Pacific Continental Corp
PCBK
-34,670
Closed -$406K
PKY
3715
DELISTED
Parkway, Inc.
PKY
-122,218
Closed -$2.05M
ATW
3716
CALL
DELISTED
Atwood Oceanics
ATW
-65,800
Closed -$3.42M
DFT
3717
DELISTED
DuPont Fabros Technology Inc.
DFT
-16,601
Closed -$401K
AMRI
3718
DELISTED
Albany Molecular Research Inc
AMRI
-37,791
Closed -$449K
WFM
3719
DELISTED
Whole Foods Market Inc
WFM
-14,000
Closed -$721K
ENOC
3720
DELISTED
EnerNOC, Inc.
ENOC
-17,205
Closed -$228K
CST
3721
DELISTED
CST Brands, Inc.
CST
-61,819
Closed -$1.91M
JIVE
3722
PUT
DELISTED
Jive Software, Inc.
JIVE
-144,400
Closed -$2.62M
EVER
3723
DELISTED
Everbank Financial Corp
EVER
-21,000
Closed -$348K
BEAV
3724
CALL
DELISTED
B/E Aerospace Inc
BEAV
-4,419
Closed -$202K
GK
3725
DELISTED
G&K Services Inc
GK
-22,636
Closed -$1.08M

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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.