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 | |
|---|---|---|---|---|---|---|
1001
AGCO
AGCO
$7.71B
| $6.22M | 0.02% |
+105,037
| New | +$6.26M |
|
|
SNV
1002
DELISTED
Synovus
SNV
| $6.21M | 0.02% |
246,353
+199,588
| +427% | +$4.7M |
|
1003
Progressive
PGR
$130B
| $6.2M | 0.02% |
+227,263
| New | +$6.13M |
|
|
JWN
1004
PUT
DELISTED
Nordstrom
JWN
| $6.19M | 0.02% |
100,200
-3,800
| -4% | -$229K |
|
1005
CALL
Cisco
CSCO
$434B
| $6.18M | 0.02% |
+275,700
| New | +$6.1M |
|
|
TCF
1006
DELISTED
TCF Financial Corporation Common Stock
TCF
| $6.18M | 0.02% |
195,269
+113,418
| +139% | +$3.39M |
|
|
JWN
1007
CALL
DELISTED
Nordstrom
JWN
| $6.18M | 0.02% |
100,000
-2,900
| -3% | -$175K |
|
|
AMTD
1008
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $6.17M | 0.02% |
+201,200
| New | +$5.73M |
|
|
MBT
1009
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $6.15M | 0.02% |
284,400
+58,129
| +26% | +$1.28M |
|
|
AXLL
1010
CALL
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $6.14M | 0.02% |
129,400
-4,500
| -3% | -$194K |
|
|
HNT
1011
DELISTED
HEALTH NET INC
HNT
| $6.14M | 0.02% |
206,821
-380,418
| -65% | -$11.4M |
|
1012
Workday
WDAY
$49.2B
| $6.13M | 0.02% |
73,707
+31,110
| +73% | +$2.46M |
|
|
NS
1013
DELISTED
NuStar Energy L.P.
NS
| $6.12M | 0.02% |
120,000
+100,000
| +500% | +$4.64M |
|
1014
IDEX
IEX
$17.2B
| $6.12M | 0.02% |
82,844
+74,220
| +861% | +$5.16M |
|
1015
iShares China Large-Cap ETF
FXI
$4.24B
| $6.1M | 0.02% |
159,072
-45,733
| -22% | -$1.75M |
|
1016
CALL
VeriSign
VRSN
$26.3B
| $6.1M | 0.02% |
102,000
-15,000
| -13% | -$826K |
|
1017
Brown & Brown
BRO
$25B
| $6.1M | 0.02% |
388,384
-378,504
| -49% | -$6M |
|
1018
CALL
Dollar Tree
DLTR
$26.3B
| $6.09M | 0.02% |
107,900
+15,600
| +17% | +$899K |
|
|
BRE
1019
DELISTED
BRE PROPERTIES INC CL A
BRE
| $6.09M | 0.02% |
+111,259
| New | +$5.97M |
|
|
PCYC
1020
DELISTED
PHARMACYCLICS INC
PCYC
| $6.08M | 0.02% |
57,515
+24,961
| +77% | +$3.03M |
|
1021
CALL
FedEx
FDX
$79.1B
| $6.08M | 0.02% |
42,300
+2,900
| +7% | +$384K |
|
1022
M/I Homes
MHO
$3.84B
| $6.07M | 0.02% |
238,574
-72,765
| -23% | -$1.54M |
|
|
LPNT
1023
DELISTED
LifePoint Health, Inc.
LPNT
| $6.07M | 0.02% |
114,889
-145,584
| -56% | -$7.31M |
|
|
VTG
1024
DELISTED
VANTAGE DRILLING COMPANY ORD SHS (KY)
VTG
| $6.04M | 0.02% |
3,284,974
-1,703,509
| -34% | -$3.08M |
|
1025
Gaming and Leisure Properties
GLPI
$12.8B
| $6.04M | 0.02% |
+118,800
| New | +$5.65M |
|
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.