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 | |
|---|---|---|---|---|---|---|
|
WFT
1101
PUT
DELISTED
Weatherford International plc
WFT
| $5.47M | 0.02% |
353,100
+3,100
| +0.9% | +$49.2K |
|
|
IMOS
1102
ChipMOS TECHNOLOGIES
IMOS
$1.89B
| $5.46M | 0.02% |
257,614
+108,169
| +72% | +$2.16M |
|
|
TCF
1103
DELISTED
TCF Financial Corporation
TCF
| $5.46M | 0.02% |
335,705
+324,082
| +2,788% | +$5.02M |
|
|
ADVS
1104
DELISTED
Advent Software Inc
ADVS
| $5.44M | 0.02% |
155,732
+140,243
| +905% | +$4.74M |
|
1105
CF Industries
CF
$19.6B
| $5.43M | 0.02% |
116,595
-147,440
| -56% | -$6.45M |
|
|
IRBT
1106
DELISTED
iRobot
IRBT
| $5.42M | 0.02% |
156,019
+142,003
| +1,013% | +$4.84M |
|
1107
CALL
Lamar Advertising Co
LAMR
$15.5B
| $5.41M | 0.02% |
103,600
+95,000
| +1,105% | +$4.64M |
|
|
JOY
1108
DELISTED
Joy Global Inc
JOY
| $5.41M | 0.02% |
92,408
-377,725
| -80% | -$20.8M |
|
1109
CALL
Autodesk
ADSK
$53.7B
| $5.4M | 0.02% |
107,300
-169,700
| -61% | -$7.44M |
|
1110
Booz Allen Hamilton
BAH
$9.05B
| $5.4M | 0.02% |
281,816
+39,477
| +16% | +$722K |
|
1111
Associated Banc-Corp
ASB
$5.84B
| $5.39M | 0.02% |
309,818
-843,646
| -73% | -$14M |
|
|
DANG
1112
DELISTED
E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
| $5.39M | 0.02% |
564,387
+469,536
| +495% | +$4.45M |
|
1113
InterDigital
IDCC
$8.8B
| $5.38M | 0.02% |
182,259
+43,435
| +31% | +$1.47M |
|
1114
D.R. Horton
DHI
$41.7B
| $5.35M | 0.02% |
239,511
-1,495,224
| -86% | -$28.9M |
|
|
AOL
1115
CALL
DELISTED
AOL INC COMMON STOCK
AOL
| $5.34M | 0.02% |
114,500
-21,400
| -16% | -$874K |
|
1116
Annaly Capital Management
NLY
$17.5B
| $5.34M | 0.02% |
133,809
+63,034
| +89% | +$2.74M |
|
1117
VanEck Gold Miners ETF
GDX
$32.2B
| $5.33M | 0.02% |
252,410
+126,693
| +101% | +$2.93M |
|
1118
Costco
COST
$431B
| $5.33M | 0.02% |
44,747
-144,887
| -76% | -$17.3M |
|
1119
Capri Holdings
CPRI
$1.55B
| $5.31M | 0.02% |
65,456
-220,329
| -77% | -$17.4M |
|
1120
Acacia Research
ACTG
$440M
| $5.31M | 0.02% |
365,215
-43,133
| -11% | -$681K |
|
1121
Franco-Nevada
FNV
$52.1B
| $5.31M | 0.02% |
+130,329
| New | +$5.47M |
|
|
CAVM
1122
DELISTED
Cavium, Inc.
CAVM
| $5.31M | 0.02% |
+153,795
| New | +$5.76M |
|
1123
PUT
Invesco QQQ Trust
QQQ
$483B
| $5.3M | 0.02% |
+60,300
| New | +$5.02M |
|
1124
PUT
Marathon Petroleum
MPC
$102B
| $5.3M | 0.02% |
115,600
+63,800
| +123% | +$2.45M |
|
1125
PUT
Oracle
ORCL
$410B
| $5.3M | 0.02% |
138,500
-31,000
| -18% | -$1.07M |
|
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.