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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
ABV
3801
DELISTED
COMPANHIA BEBIDA ADS EACH REPSTG 1 PFD SH
ABV
-25,000
Closed -$917K
VHS
3802
DELISTED
VANGUARD HEALTH SYS INC COM STK (DE)
VHS
-194,619
Closed -$4.04M
VLTR
3803
DELISTED
VOLTERRA SEMCONDUCTOR CORP
VLTR
-39,330
Closed -$555K
ARB
3804
DELISTED
ARBITRON INC (NEW)
ARB
-7,481
Closed -$347K
SFD
3805
DELISTED
SMITHFIELD FOODS,INC
SFD
-942,672
Closed -$31.6M
WWAV.B
3806
DELISTED
THE WHITEWAVE FOODS COMPANY CLASS B COM STK
WWAV.B
-1,249,486
Closed -$19M
IN
3807
DELISTED
INTERMEC, INC.
IN
-52,959
Closed -$521K
TSRX
3808
DELISTED
TRIUS THERAPEUTICS INC COM STK (DE)
TSRX
-189,135
Closed -$1.53M
BMC
3809
DELISTED
BMC SOFTWARE, INC
BMC
-1,334,109
Closed -$60.2M
BMC
3810
PUT
DELISTED
BMC SOFTWARE, INC
BMC
-25,900
Closed -$1.17M
TVIX
3811
DELISTED
VelocityShares Daily 2x VIX Short Term ETN
TVIX
0
-$180K
MAXY
3812
DELISTED
MAXYGEN INC
MAXY
-16,172
Closed -$40K
BKI
3813
DELISTED
BUCKEYE TECHNOLOGY INC
BKI
-10,525
Closed -$390K
LEDR
3814
DELISTED
MARKET LEADER INC COM STK (WA)
LEDR
-800,000
Closed -$8.56M
AM
3815
DELISTED
AMERICAN GREETINGS CORP CL A
AM
-27,959
Closed -$509K
FSCI
3816
DELISTED
FISHER COMMUNICATIONS INC
FSCI
-31,953
Closed -$1.31M
GDI
3817
CALL
DELISTED
GARDNER DENVER,INC
GDI
-50,000
Closed -$3.76M
GDI
3818
DELISTED
GARDNER DENVER,INC
GDI
-341,446
Closed -$25.7M
GDI
3819
PUT
DELISTED
GARDNER DENVER,INC
GDI
-50,000
Closed -$3.76M
TRLG
3820
CALL
DELISTED
TRUE RELIGION APPAREL INC
TRLG
-15,300
Closed -$484K
TRLG
3821
DELISTED
TRUE RELIGION APPAREL INC
TRLG
-86,288
Closed -$2.73M
TVL
3822
DELISTED
LIN TV CORP
TVL
-160,533
Closed -$2.46M
TTTM.WS.W
3823
DELISTED
T3 MOTION INC CLASS I WT EXP 05-13-2016 (DE)
TTTM.WS.W
-250,000
Closed -$6K
KUB
3824
DELISTED
KUBOTA CORPORATION (ONE ADS REP 5 SHS COM)
KUB
-4,600
Closed -$335K
ET
3825
DELISTED
EXACTTARGET INC COM STK (DE)
ET
-26,500
Closed -$894K

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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.