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 | |
|---|---|---|---|---|---|---|
826
PUT
Newmont
NEM
$139B
| $8.37M | 0.03% |
363,600
-13,900
| -4% | -$357K |
|
827
CALL
General Motors
GM
$76.3B
| $8.35M | 0.03% |
204,300
-378,200
| -65% | -$14.3M |
|
828
CALL
DaVita
DVA
$11.3B
| $8.33M | 0.03% |
131,400
-33,500
| -20% | -$1.97M |
|
829
Deckers Outdoor
DECK
$12.5B
| $8.31M | 0.03% |
590,418
+534,744
| +960% | +$6.6M |
|
|
HK
830
PUT
DELISTED
Halcon Resources Corporation
HK
| $8.31M | 0.03% |
12,482
+1,186
| +10% | +$920K |
|
831
Gerdau
GGB
$8.5B
| $8.3M | 0.03% |
1,334,785
+508,147
| +61% | +$3.17M |
|
832
PUT
C.H. Robinson
CHRW
$16.7B
| $8.28M | 0.03% |
+141,900
| New | +$8.34M |
|
833
VanEck Oil Services ETF
OIH
$1.94B
| $8.25M | 0.03% |
+8,579
| New | +$8.35M |
|
834
PUT
Morgan Stanley
MS
$336B
| $8.24M | 0.03% |
+262,800
| New | +$7.81M |
|
835
Sony
SONY
$142B
| $8.23M | 0.03% |
2,381,250
+2,031,145
| +580% | +$7.51M |
|
|
ALTR
836
DELISTED
Altera Corp
ALTR
| $8.22M | 0.03% |
252,968
-228,171
| -47% | -$7.64M |
|
837
Jack in the Box
JACK
$342M
| $8.22M | 0.03% |
164,326
-34,809
| -17% | -$1.53M |
|
|
HRC
838
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $8.18M | 0.03% |
197,955
-108,046
| -35% | -$4.33M |
|
839
Vertex Pharmaceuticals
VRTX
$139B
| $8.18M | 0.03% |
110,051
-211,203
| -66% | -$14.7M |
|
840
CALL
lululemon athletica
LULU
$13.9B
| $8.17M | 0.03% |
138,400
+121,900
| +739% | +$8.37M |
|
|
DNY
841
DELISTED
DONNELLEY R R & SONS CO
DNY
| $8.16M | 0.03% |
402,537
-719,396
| -64% | -$14.6M |
|
842
PUT
Macy's
M
$6.1B
| $8.14M | 0.03% |
152,500
+1,400
| +0.9% | +$67.8K |
|
|
CADX
843
DELISTED
CADENCE PHARMACEUTICALS, INC COM STK
CADX
| $8.14M | 0.03% |
899,161
+803,874
| +844% | +$5.8M |
|
|
DCT
844
DELISTED
DCT Industrial Trust Inc.
DCT
| $8.11M | 0.03% |
284,354
+174,002
| +158% | +$5.16M |
|
845
Televisa
TV
$1.48B
| $8.08M | 0.03% |
267,093
+173,048
| +184% | +$5.11M |
|
846
Kohl's
KSS
$2.08B
| $8.07M | 0.03% |
142,235
-214,544
| -60% | -$11.8M |
|
847
Revvity
RVTY
$13.7B
| $8.06M | 0.03% |
195,578
-143,118
| -42% | -$5.47M |
|
|
AKRX
848
DELISTED
Akorn Inc
AKRX
| $8M | 0.03% |
325,082
+128,735
| +66% | +$2.91M |
|
849
Affiliated Managers Group
AMG
$9.28B
| $8M | 0.03% |
36,863
+11,873
| +48% | +$2.37M |
|
|
GHDX
850
DELISTED
Genomic Health, Inc.
GHDX
| $8M | 0.03% |
273,153
+77,879
| +40% | +$2.47M |
|
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.