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 | |
|---|---|---|---|---|---|---|
651
CALL
Williams-Sonoma
WSM
$28.1B
| $10.9M | 0.03% |
373,600
+362,200
| +3,177% | +$10.1M |
|
652
MGM Resorts International
MGM
$11B
| $10.9M | 0.03% |
462,678
+219,352
| +90% | +$4.47M |
|
|
SDLP
653
DELISTED
SEADRILL PARTNERS LLC
SDLP
| $10.9M | 0.03% |
35,097
+27,560
| +366% | +$8.83M |
|
|
GG
654
CALL
DELISTED
Goldcorp Inc
GG
| $10.9M | 0.03% |
501,500
+146,300
| +41% | +$3.44M |
|
|
655
PUT
Williams-Sonoma
WSM
$28.1B
| $10.9M | 0.03% |
372,600
+357,600
| +2,384% | +$10M |
|
656
Coty
COTY
$2.47B
| $10.9M | 0.03% |
711,810
+635,037
| +827% | +$9.98M |
|
|
TW
657
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $10.8M | 0.03% |
85,000
+55,000
| +183% | +$6.4M |
|
|
BBBY
658
CALL
DELISTED
Bed Bath & Beyond Inc
BBBY
| $10.8M | 0.03% |
135,000
-40,000
| -23% | -$3.09M |
|
|
BRFS
659
DELISTED
BRF SA
BRFS
| $10.8M | 0.03% |
516,934
+162,159
| +46% | +$3.73M |
|
|
LIN
660
DELISTED
LIN MEDIA LLC CLASS A COM
LIN
| $10.8M | 0.03% |
375,720
+52,297
| +16% | +$1.32M |
|
661
Medifast
MED
$135M
| $10.8M | 0.03% |
412,224
+79,462
| +24% | +$2.04M |
|
662
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $10.7M | 0.03% |
+44,013
| New | +$10.4M |
|
|
VIAB
663
DELISTED
Viacom Inc. Class B
VIAB
| $10.7M | 0.03% |
122,771
-640,031
| -84% | -$52.9M |
|
664
COPT Defense Properties
CDP
$4.25B
| $10.7M | 0.03% |
452,311
-12,990
| -3% | -$303K |
|
|
FTR
665
DELISTED
Frontier Communications Corp.
FTR
| $10.7M | 0.03% |
153,595
+4,454
| +3% | +$305K |
|
666
O'Reilly Automotive
ORLY
$72.7B
| $10.7M | 0.03% |
+1,242,675
| New | +$10.5M |
|
667
Groupon
GRPN
$781M
| $10.7M | 0.03% |
45,281
-134,676
| -75% | -$27.8M |
|
668
CALL
Target
TGT
$77.1B
| $10.6M | 0.03% |
168,300
+700
| +0.4% | +$44.7K |
|
669
DuPont de Nemours
DD
$18.4B
| $10.6M | 0.03% |
94,630
-272,133
| -74% | -$27.9M |
|
670
iShares Russell 2000 ETF
IWM
$81.4B
| $10.6M | 0.03% |
92,230
+87,430
| +1,821% | +$9.66M |
|
671
Pediatrix Medical
MD
$2.15B
| $10.6M | 0.03% |
199,251
+183,289
| +1,148% | +$9.84M |
|
672
Alliant Energy
LNT
$17.7B
| $10.6M | 0.03% |
411,110
+104,494
| +34% | +$2.7M |
|
673
American Financial Group
AFG
$12B
| $10.6M | 0.03% |
+183,549
| New | +$10.3M |
|
|
FLIR
674
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $10.6M | 0.03% |
351,406
-411,765
| -54% | -$12.2M |
|
675
Lincoln Electric
LECO
$15.4B
| $10.5M | 0.03% |
+147,854
| New | +$10.4M |
|
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.