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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
MR
3751
PUT
DELISTED
MINDRAY MED INTL LTD SPONSORED ADR REPSTG CL A
MR
-36,100
Closed -$1.35M
CCG
3752
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
-122,546
Closed -$1.41M
IGC.WS
3753
DELISTED
INDIA GLOBALIZATION CAPITAL, INC. WTS EXP 3/06/2017
IGC.WS
$0 ﹤0.01%
590,900
PCL
3754
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
-7,241
Closed -$338K
ZINC
3755
DELISTED
HORSEHEAD HLDG CORP COM STK (DE)
ZINC
-13,077
Closed -$168K
CTCT
3756
DELISTED
CONSTANT CONTACT, INC COM
CTCT
-138,019
Closed -$2.22M
SWI
3757
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
-243,114
Closed -$9.44M
MW
3758
CALL
DELISTED
THE MENS WAREHOUSE INC
MW
-600
Closed -$23K
ROYL
3759
DELISTED
ROYALE ENERGY INC
ROYL
-17,705
Closed -$44K
BDBD
3760
DELISTED
BOULDER BRANDS INC
BDBD
-19,400
Closed -$234K
ACI
3761
DELISTED
ARCH COAL, INC.
ACI
-6,929
Closed -$301K
MTCN
3762
DELISTED
ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX)
MTCN
-160,000
Closed -$3M
MWE
3763
CALL
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
-212,000
Closed -$14.2M
PSEM
3764
DELISTED
PERICOM SEMICONDUCTOR CP
PSEM
-20,367
Closed -$145K
BTH
3765
DELISTED
BLYTH,INC
BTH
-10,893
Closed -$152K
THOR
3766
PUT
DELISTED
THORATEC CORPORATION
THOR
-114,400
Closed -$3.58M
RYL
3767
CALL
DELISTED
RYLAND GROUP INC
RYL
-180,700
Closed -$7.25M
BGMD
3768
DELISTED
BG MEDICINE INC COM STK NEW
BGMD
-125,000
Closed -$665K
GTI
3769
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
-67,800
Closed -$494K
GTI
3770
PUT
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
-15,400
Closed -$112K
EXL
3771
DELISTED
EXCEL TRUST , INC COM STK
EXL
-33,506
Closed -$429K
RKT
3772
CALL
DELISTED
ROCK-TENN COMPANY CL-A
RKT
-40,200
Closed -$2.01M
GEVA
3773
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
-108,443
Closed -$5.34M
URZ
3774
DELISTED
URANERZ ENERGY CORP
URZ
-13,164
Closed -$14K
IMRS
3775
DELISTED
IMRIS INC COMMON SHARES (CANADA)
IMRS
-627,495
Closed -$1.73M

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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.