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 | |
|---|---|---|---|---|---|---|
876
Korn Ferry
KFY
$4.35B
| $7.66M | 0.02% |
293,378
+104,177
| +55% | +$2.47M |
|
|
RATE
877
DELISTED
Bankrate Inc
RATE
| $7.65M | 0.02% |
426,341
+378,309
| +788% | +$7.3M |
|
|
AXON
878
Axon Enterprise
AXON
$48.5B
| $7.64M | 0.02% |
480,883
+418,277
| +668% | +$6.81M |
|
879
Vishay Intertechnology
VSH
$4.67B
| $7.63M | 0.02% |
575,253
-138,711
| -19% | -$1.76M |
|
880
PUT
Starbucks
SBUX
$123B
| $7.63M | 0.02% |
194,600
-34,400
| -15% | -$1.36M |
|
881
CALL
Expedia Group
EXPE
$40.7B
| $7.61M | 0.02% |
109,200
+66,000
| +153% | +$3.88M |
|
|
CYT
882
DELISTED
CYTEC INDS INC
CYT
| $7.6M | 0.02% |
163,146
-390,796
| -71% | -$16.9M |
|
883
PUT
MetLife
MET
$61.1B
| $7.59M | 0.02% |
+157,978
| New | +$7.08M |
|
884
Diamondrock Hospitality Co
DRH
$2.61B
| $7.56M | 0.02% |
654,605
-43,103
| -6% | -$488K |
|
885
Regal Rexnord
RRX
$10.8B
| $7.56M | 0.02% |
102,554
+30,592
| +43% | +$2.22M |
|
886
CALL
Transocean
RIG
$6.44B
| $7.56M | 0.02% |
+152,900
| New | +$7.48M |
|
887
JetBlue
JBLU
$1.87B
| $7.55M | 0.02% |
884,277
-57,867
| -6% | -$460K |
|
|
WLT
888
CALL
DELISTED
WALTER ENERGY INC COM STK (DE)
WLT
| $7.55M | 0.02% |
752,300
+67,700
| +10% | +$1.06M |
|
|
CNL
889
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $7.55M | 0.02% |
161,950
-180,942
| -53% | -$8.32M |
|
|
CMRX
890
DELISTED
Chimerix, Inc.
CMRX
| $7.53M | 0.02% |
+498,234
| New | +$7.95M |
|
|
BEAM
891
CALL
DELISTED
BEAM INC COM STK (DE)
BEAM
| $7.53M | 0.02% |
+110,600
| New | +$7.47M |
|
892
Tronox
TROX
$861M
| $7.51M | 0.02% |
325,659
+186,812
| +135% | +$4.25M |
|
|
893
CALL
Starbucks
SBUX
$123B
| $7.51M | 0.02% |
191,600
-29,600
| -13% | -$1.17M |
|
894
Molina Healthcare
MOH
$10.4B
| $7.49M | 0.02% |
215,545
-56,781
| -21% | -$1.91M |
|
895
Healthcare Realty
HR
$6.62B
| $7.49M | 0.02% |
+380,386
| New | +$8.06M |
|
|
SGEN
896
DELISTED
Seagen Inc. Common Stock
SGEN
| $7.48M | 0.02% |
187,408
+31,058
| +20% | +$1.27M |
|
897
CALL
The Mosaic Company
MOS
$7.63B
| $7.47M | 0.02% |
158,000
+23,000
| +17% | +$1.07M |
|
898
Skyworks Solutions
SWKS
$10.1B
| $7.45M | 0.02% |
260,883
-27,866
| -10% | -$730K |
|
899
Vodafone
VOD
$36.9B
| $7.44M | 0.02% |
185,704
-689,094
| -79% | -$25.9M |
|
900
OneMain Financial
OMF
$7.23B
| $7.44M | 0.02% |
+294,229
| New | +$6.29M |
|
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.