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 | |
|---|---|---|---|---|---|---|
976
PUT
IBM
IBM
$218B
| $6.47M | 0.02% |
36,087
-105,855
| -75% | -$18.3M |
|
977
RLJ Lodging Trust
RLJ
$1.76B
| $6.46M | 0.02% |
265,719
+155,505
| +141% | +$3.75M |
|
978
Roper Technologies
ROP
$41.1B
| $6.46M | 0.02% |
46,576
+9,181
| +25% | +$1.19M |
|
|
NPSP
979
DELISTED
NPS PHARMACEUTICALS INC
NPSP
| $6.45M | 0.02% |
212,560
-954,629
| -82% | -$26.3M |
|
980
MasTec
MTZ
$20.5B
| $6.44M | 0.02% |
196,857
-105,916
| -35% | -$3.35M |
|
|
SIX
981
DELISTED
Six Flags Entertainment Corp.
SIX
| $6.44M | 0.02% |
174,809
-191,994
| -52% | -$6.92M |
|
|
NTI
982
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $6.43M | 0.02% |
261,200
+233,795
| +853% | +$5.51M |
|
|
983
CALL
NextEra Energy
NEE
$175B
| $6.42M | 0.02% |
300,000
+184,400
| +160% | +$3.89M |
|
984
CALL
Kohl's
KSS
$2.08B
| $6.4M | 0.02% |
112,800
-143,700
| -56% | -$7.88M |
|
|
RPTP
985
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $6.4M | 0.02% |
491,355
+478,225
| +3,642% | +$6.59M |
|
986
UDR
UDR
$12.3B
| $6.39M | 0.02% |
273,541
+264,218
| +2,834% | +$6.33M |
|
|
RFMD
987
DELISTED
RF MICRO DEVICES INC
RFMD
| $6.36M | 0.02% |
1,233,044
+119,874
| +11% | +$643K |
|
|
OA
988
DELISTED
Orbital ATK, Inc.
OA
| $6.36M | 0.02% |
52,258
-38,113
| -42% | -$4.31M |
|
989
NVIDIA
NVDA
$5.05T
| $6.35M | 0.02% |
15,856,440
+14,830,000
| +1,445% | +$5.74M |
|
|
AZPN
990
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $6.3M | 0.02% |
150,750
-84,109
| -36% | -$3.52M |
|
991
PUT
Myriad Genetics
MYGN
$292M
| $6.29M | 0.02% |
300,000
+245,300
| +448% | +$6.2M |
|
992
Genpact
G
$6.32B
| $6.27M | 0.02% |
341,559
+171,835
| +101% | +$3.21M |
|
993
Quanex
NX
$916M
| $6.27M | 0.02% |
314,924
+267,114
| +559% | +$4.84M |
|
994
MillerKnoll
MLKN
$1.58B
| $6.27M | 0.02% |
212,464
+165,243
| +350% | +$4.94M |
|
|
CNQR
995
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $6.27M | 0.02% |
60,779
+46,639
| +330% | +$4.72M |
|
|
GWPH
996
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $6.27M | 0.02% |
150,897
+85,012
| +129% | +$2.69M |
|
997
HF Sinclair
DINO
$16.9B
| $6.26M | 0.02% |
+125,994
| New | +$5.74M |
|
998
Sprouts Farmers Market
SFM
$8.03B
| $6.25M | 0.02% |
162,713
+90,965
| +127% | +$3.85M |
|
999
CALL
Verizon
VZ
$208B
| $6.23M | 0.02% |
126,800
-700
| -0.5% | -$34.4K |
|
|
IM
1000
DELISTED
Ingram Micro
IM
| $6.22M | 0.02% |
265,059
+130,758
| +97% | +$3.06M |
|
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.