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 | |
|---|---|---|---|---|---|---|
1176
CALL
Ashland
ASH
$3.38B
| $4.96M | 0.02% |
+104,448
| New | +$4.67M |
|
|
BBT
1177
Beacon Financial Corp
BBT
$2.65B
| $4.96M | 0.02% |
181,837
+43,288
| +31% | +$1.12M |
|
1178
Humana
HUM
$46.4B
| $4.96M | 0.02% |
48,026
-141,875
| -75% | -$13.9M |
|
1179
Green Plains
GPRE
$1.05B
| $4.95M | 0.02% |
255,430
+223,205
| +693% | +$3.69M |
|
1180
Genworth Financial
GNW
$3.74B
| $4.94M | 0.02% |
318,211
-728,582
| -70% | -$10.5M |
|
1181
PennantPark Floating Rate Capital
PFLT
$740M
| $4.94M | 0.02% |
359,495
-6,827
| -2% | -$92.4K |
|
1182
Cameco
CCJ
$44.5B
| $4.92M | 0.02% |
236,683
+44,157
| +23% | +$857K |
|
|
WFM
1183
CALL
DELISTED
Whole Foods Market Inc
WFM
| $4.92M | 0.02% |
+85,000
| New | +$5.04M |
|
|
JNPR
1184
DELISTED
Juniper Networks
JNPR
| $4.9M | 0.02% |
217,288
-763,141
| -78% | -$15.5M |
|
1185
Willis Towers Watson
WTW
$32.6B
| $4.9M | 0.02% |
41,245
+34,822
| +542% | +$4.12M |
|
1186
BioCryst Pharmaceuticals
BCRX
$2.47B
| $4.89M | 0.02% |
643,755
+398,163
| +162% | +$2.52M |
|
|
TWX
1187
CALL
DELISTED
Time Warner Inc
TWX
| $4.88M | 0.02% |
73,010
-207,036
| -74% | -$13.4M |
|
1188
CALL
Monster Beverage
MNST
$95.8B
| $4.87M | 0.02% |
862,800
-908,400
| -51% | -$4.46M |
|
1189
Federated Hermes
FHI
$4.83B
| $4.85M | 0.02% |
+168,500
| New | +$4.62M |
|
|
1190
CALL
Dominion Energy
D
$58.6B
| $4.85M | 0.02% |
75,000
+52,000
| +226% | +$3.35M |
|
|
S
1191
CALL
DELISTED
Sprint Corporation
S
| $4.84M | 0.02% |
+450,000
| New | +$3.39M |
|
|
1192
Dominion Energy
D
$58.6B
| $4.83M | 0.02% |
74,653
-1,948,158
| -96% | -$125M |
|
|
BEE
1193
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $4.83M | 0.02% |
510,982
-487,653
| -49% | -$4.31M |
|
|
ARRY
1194
DELISTED
Array Biopharma Inc
ARRY
| $4.82M | 0.02% |
962,515
+431,840
| +81% | +$2.35M |
|
1195
AAR Corp
AIR
$5.42B
| $4.81M | 0.02% |
+171,649
| New | +$5.01M |
|
1196
The GEO Group
GEO
$4.24B
| $4.81M | 0.02% |
223,761
-142,418
| -39% | -$3.19M |
|
1197
Berkshire Hathaway Class A
BRK.A
$1.08T
| $4.8M | 0.02% |
27
-3
| -10% | -$520K |
|
|
CAM
1198
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $4.79M | 0.02% |
80,483
-1,220,319
| -94% | -$70.3M |
|
1199
CoStar Group
CSGP
$13.3B
| $4.79M | 0.02% |
259,320
+138,090
| +114% | +$2.44M |
|
1200
Sensient Technologies
SXT
$5.85B
| $4.78M | 0.02% |
+98,507
| New | +$4.91M |
|
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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.