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 | |
|---|---|---|---|---|---|---|
851
CALL
Seagate
STX
$180B
| $7.97M | 0.03% |
142,000
-99,200
| -41% | -$4.91M |
|
|
852
PUT
Seagate
STX
$180B
| $7.96M | 0.03% |
141,700
-98,200
| -41% | -$4.86M |
|
853
PUT
Netflix
NFLX
$333B
| $7.95M | 0.03% |
1,512,000
+112,000
| +8% | +$550K |
|
854
Silicon Motion
SIMO
$8.25B
| $7.93M | 0.03% |
560,448
-32,467
| -5% | -$443K |
|
855
Trimble
TRMB
$14.1B
| $7.93M | 0.03% |
228,519
-145,241
| -39% | -$4.58M |
|
856
Carter's
CRI
$1.26B
| $7.91M | 0.03% |
110,151
+36,289
| +49% | +$2.58M |
|
|
ONIT
857
Onity Group
ONIT
$299M
| $7.91M | 0.02% |
9,504
-27,875
| -75% | -$22.9M |
|
|
SLH
858
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $7.89M | 0.02% |
111,567
-43,732
| -28% | -$2.74M |
|
|
HIG.WS
859
DELISTED
Hartford Financial Services Grp
HIG.WS
| $7.85M | 0.02% |
285,000
| – | – |
|
860
Navigator Holdings
NVGS
$1.37B
| $7.83M | 0.02% |
+290,736
| New | +$6.76M |
|
861
W.P. Carey
WPC
$16.3B
| $7.83M | 0.02% |
130,346
+62,015
| +91% | +$3.9M |
|
862
Martin Marietta Materials
MLM
$32B
| $7.81M | 0.02% |
78,106
-24,505
| -24% | -$2.41M |
|
863
PUT
Equinix
EQIX
$104B
| $7.79M | 0.02% |
+43,900
| New | +$7.3M |
|
|
ITMN
864
DELISTED
INTERMUNE INC
ITMN
| $7.78M | 0.02% |
528,450
+26,202
| +5% | +$362K |
|
|
EPL
865
DELISTED
EPL OIL & GAS, INC COMMON STK
EPL
| $7.78M | 0.02% |
272,803
-122,501
| -31% | -$3.92M |
|
866
Neurocrine Biosciences
NBIX
$15.6B
| $7.76M | 0.02% |
830,874
+765,874
| +1,178% | +$7.47M |
|
|
BBBY
867
DELISTED
Bed Bath & Beyond Inc
BBBY
| $7.76M | 0.02% |
96,628
-7,328
| -7% | -$567K |
|
868
Service Corp International
SCI
$11.5B
| $7.75M | 0.02% |
427,542
-49,944
| -10% | -$907K |
|
|
TFCF
869
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $7.75M | 0.02% |
223,992
-1,379,459
| -86% | -$46M |
|
|
KKD
870
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $7.75M | 0.02% |
401,780
+98,625
| +33% | +$2.23M |
|
|
MDR
871
DELISTED
McDermott International
MDR
| $7.74M | 0.02% |
281,623
-700,948
| -71% | -$16.4M |
|
872
CALL
Amazon
AMZN
$2.83T
| $7.74M | 0.02% |
+388,000
| New | +$6.98M |
|
|
EV
873
DELISTED
Eaton Vance Corp.
EV
| $7.73M | 0.02% |
180,547
-128,625
| -42% | -$5.31M |
|
|
USG
874
DELISTED
Usg
USG
| $7.72M | 0.02% |
271,982
+229,748
| +544% | +$6.23M |
|
|
LGF
875
DELISTED
Lions Gate Entertainment
LGF
| $7.68M | 0.02% |
242,630
-24,762
| -9% | -$817K |
|
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.