Israel Englander Millennium Management
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NextEra Energy
NEE
|
+$122M |
| 2 |
Gilead Sciences
GILD
|
+$122M |
| 3 |
DTE Energy
DTE
|
+$121M |
| 4 |
Ameren
AEE
|
+$118M |
| 5 |
AGN
Allergan plc
AGN
|
+$107M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dominion Energy
D
|
+$125M |
| 2 |
HES
Hess
HES
|
+$101M |
| 3 |
BHI
Baker Hughes
BHI
|
+$84M |
| 4 |
ELN
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
|
+$79.9M |
| 5 |
Cheniere Energy
LNG
|
+$72.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 12.31% |
| 2 | Energy | 11.61% |
| 3 | Utilities | 8.18% |
| 4 | Financials | 7.58% |
| 5 | Consumer Discretionary | 7.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
CALL
Deckers Outdoor
DECK
$12.5B
| $11.4M | 0.04% |
813,000
+553,200
| +213% | +$6.82M |
|
|
DFRG
627
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $11.4M | 0.04% |
485,134
+240,015
| +98% | +$4.81M |
|
628
CALL
NiSource
NI
$19.5B
| $11.4M | 0.04% |
884,897
+458,355
| +107% | +$5.68M |
|
|
CLNY
629
DELISTED
Colony Capital, Inc.
CLNY
| $11.4M | 0.04% |
560,392
+489,332
| +689% | +$9.86M |
|
630
PUT
Toll Brothers
TOL
$13.8B
| $11.3M | 0.04% |
306,500
+154,600
| +102% | +$5.13M |
|
631
SLB Ltd
SLB
$80.1B
| $11.3M | 0.04% |
125,527
-756,215
| -86% | -$68.3M |
|
|
CPN
632
DELISTED
Calpine Corporation
CPN
| $11.3M | 0.04% |
579,098
+522,337
| +920% | +$10.2M |
|
|
UNT
633
DELISTED
UNIT Corporation
UNT
| $11.3M | 0.04% |
218,819
+151,968
| +227% | +$7.57M |
|
634
Walt Disney
DIS
$190B
| $11.3M | 0.04% |
147,366
-415,364
| -74% | -$28.8M |
|
635
US Bancorp
USB
$97.2B
| $11.3M | 0.04% |
278,676
+91,697
| +49% | +$3.52M |
|
636
PUT
Cadence Design Systems
CDNS
$87.3B
| $11.2M | 0.04% |
+802,300
| New | +$10.8M |
|
|
URS
637
DELISTED
URS CORP
URS
| $11.2M | 0.04% |
211,764
+85,786
| +68% | +$4.52M |
|
|
BRSL
638
Brightstar Lottery PLC
BRSL
$2.17B
| $11.2M | 0.04% |
616,452
+450,735
| +272% | +$8.13M |
|
639
CALL
Lennar Class A
LEN
$21.3B
| $11.2M | 0.04% |
296,153
+49,166
| +20% | +$1.66M |
|
640
PUT
Halliburton
HAL
$28.9B
| $11.1M | 0.04% |
218,600
-177,100
| -45% | -$9.15M |
|
|
MDAS
641
DELISTED
MEDASSETS INC COM STK (DE)
MDAS
| $11M | 0.03% |
556,731
+271,811
| +95% | +$6.11M |
|
642
CALL
Textron
TXT
$14.1B
| $11M | 0.03% |
300,100
+100
| +0% | +$3.07K |
|
643
iShares 20+ Year Treasury Bond ETF
TLT
$46.6B
| $11M | 0.03% |
108,200
+81,487
| +305% | +$8.53M |
|
|
CRR
644
DELISTED
Carbo Ceramics Inc.
CRR
| $11M | 0.03% |
+94,423
| New | +$10.7M |
|
645
PUT
HF Sinclair
DINO
$16.8B
| $11M | 0.03% |
+220,400
| New | +$10M |
|
646
Ingredion
INGR
$6.69B
| $10.9M | 0.03% |
159,678
+94,259
| +144% | +$6.37M |
|
647
CALL
Occidental Petroleum
OXY
$60.2B
| $10.9M | 0.03% |
119,930
-69,724
| -37% | -$6.37M |
|
648
Vanda Pharmaceuticals
VNDA
$322M
| $10.9M | 0.03% |
878,530
-451,090
| -34% | -$4.53M |
|
|
BRS
649
DELISTED
Bristow Group, Inc.
BRS
| $10.9M | 0.03% |
145,256
-44,174
| -23% | -$3.45M |
|
|
VMRK
650
CALL
Vivmark Residential
VMRK
$25.6B
| $10.9M | 0.03% |
209,900
-4,900
| -2% | -$258K |
|
Similar funds
Israel Englander's Q4 2013 Portfolio in Review
As of Q4 2013, Israel Englander held 4,194 positions worth $31.7B, up 2% from $31.1B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Israel Englander withdrew a net $1.71B in Q4 2013, closing 788 positions and reducing 1,165 holdings. Its most notable exit was ELAN CORP ADS(RP1 ORD4IRISH PN, an estimated $79.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 12% of assets, up from 8.5% a quarter earlier, followed by Energy and Utilities.
Against the trend, Israel Englander opened a new position in Crown Holdings worth $64.3M.
- Israel Englander's largest Q4 2013 buy was Crown Holdings: 1,441,595 shares worth $64.3M.
- Israel Englander added most to NextEra Energy in Q4 2013, an estimated $122M increase.
- Israel Englander's biggest Q4 2013 reduction was Dominion Energy, cutting an estimated $125M.
- Israel Englander fully exited ELAN CORP ADS(RP1 ORD4IRISH PN in Q4 2013, selling an estimated $79.9M.
- Israel Englander's ten largest holdings make up 14% of its $31.7B portfolio in Q4 2013.
- Israel Englander opened 937 new positions and closed 788 in Q4 2013.
- Israel Englander's portfolio value rose 2% quarter-over-quarter to $31.7B.
Based on Millennium Management's 13F filing for Q4 2013, filed 14 Feb 2014.