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 | |
|---|---|---|---|---|---|---|
76
Procter & Gamble
PG
$336B
| $66M | 0.21% |
810,218
+571,402
| +239% | +$46.6M |
|
77
Visa
V
$693B
| $65.7M | 0.21% |
1,179,952
+1,161,952
| +6,455% | +$58.6M |
|
78
Home Depot
HD
$335B
| $64.5M | 0.2% |
782,919
-388,906
| -33% | -$30.3M |
|
79
Conagra Brands
CAG
$7.89B
| $64.4M | 0.2% |
2,453,810
-2,483,222
| -50% | -$62.1M |
|
80
Crown Holdings
CCK
$13B
| $64.3M | 0.2% |
+1,441,595
| New | +$61.7M |
|
81
Dollar General
DG
$27.2B
| $64.1M | 0.2% |
1,063,467
-639,182
| -38% | -$37.5M |
|
82
Universal Health Services
UHS
$10.4B
| $63.8M | 0.2% |
785,739
+539,118
| +219% | +$43.1M |
|
|
GWR
83
DELISTED
Genesee & Wyoming Inc.
GWR
| $63.1M | 0.2% |
656,655
+349,420
| +114% | +$33.7M |
|
84
Citigroup
C
$221B
| $62.9M | 0.2% |
1,206,565
+239,121
| +25% | +$12.1M |
|
|
ENDP
85
DELISTED
Endo International plc
ENDP
| $61.9M | 0.2% |
+917,790
| New | +$52.4M |
|
|
APC
86
DELISTED
Anadarko Petroleum
APC
| $61.6M | 0.19% |
776,830
-253,468
| -25% | -$22.7M |
|
87
Occidental Petroleum
OXY
$61.3B
| $60.1M | 0.19% |
659,157
+270,048
| +69% | +$24.7M |
|
88
Truist Financial
TFC
$61.6B
| $59.9M | 0.19% |
1,605,456
+1,103,716
| +220% | +$38.1M |
|
89
PUT
Apple
AAPL
$4.51T
| $59.1M | 0.19% |
2,948,400
+708,400
| +32% | +$13.4M |
|
|
CIE
90
DELISTED
Cobalt International Energy, Inc
CIE
| $58.9M | 0.19% |
238,838
+54,113
| +29% | +$16.9M |
|
|
RDC
91
DELISTED
Rowan Companies Plc
RDC
| $58.6M | 0.18% |
1,656,603
+296,732
| +22% | +$10.6M |
|
92
Pfizer
PFE
$160B
| $58.4M | 0.18% |
2,009,249
+1,637,574
| +441% | +$47.7M |
|
|
ZNGA
93
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $58.3M | 0.18% |
15,331,357
+9,939,836
| +184% | +$38.5M |
|
94
Canadian Pacific Kansas City
CP
$85B
| $58.1M | 0.18% |
1,918,435
+1,718,255
| +858% | +$49.5M |
|
95
Crown Castle
CCI
$32.1B
| $57.7M | 0.18% |
785,169
+776,869
| +9,360% | +$57.5M |
|
|
EGN
96
DELISTED
Energen
EGN
| $57.6M | 0.18% |
814,034
-368,277
| -31% | -$27.7M |
|
97
Armstrong World Industries
AWI
$7.55B
| $56.7M | 0.18% |
984,233
+396,048
| +67% | +$21.2M |
|
|
XEC
98
DELISTED
CIMAREX ENERGY CO
XEC
| $56.6M | 0.18% |
539,102
+258,245
| +92% | +$26.2M |
|
99
Herc Holdings
HRI
$5.41B
| $56.2M | 0.18% |
654,733
+332,862
| +103% | +$23.8M |
|
|
MHFI
100
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $56.2M | 0.18% |
718,288
+271,452
| +61% | +$19.5M |
|
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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.