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 | |
|---|---|---|---|---|---|---|
1201
PUT
Procter & Gamble
PG
$338B
| $4.78M | 0.02% |
58,700
| – | – |
|
|
SAFE
1202
Safehold
SAFE
$1.1B
| $4.78M | 0.02% |
68,797
+20,466
| +42% | +$1.28M |
|
1203
MSC Industrial Direct
MSM
$6.61B
| $4.78M | 0.02% |
59,061
-38,130
| -39% | -$3.02M |
|
|
OPEN
1204
DELISTED
OPENTABLE,INC COMMON STOCK
OPEN
| $4.77M | 0.02% |
60,049
-277,647
| -82% | -$21.3M |
|
1205
TC Energy
TRP
$64.4B
| $4.76M | 0.02% |
104,279
+93,061
| +830% | +$4.14M |
|
|
CZZ
1206
DELISTED
Cosan Limited
CZZ
| $4.76M | 0.02% |
346,862
+313,971
| +955% | +$4.69M |
|
1207
Labcorp
LH
$27.4B
| $4.75M | 0.02% |
60,528
-366,241
| -86% | -$31.2M |
|
1208
Western Alliance Bancorporation
WAL
$8.69B
| $4.75M | 0.02% |
199,073
+108,788
| +120% | +$2.37M |
|
|
ACI
1209
CALL
DELISTED
ARCH COAL, INC.
ACI
| $4.75M | 0.02% |
106,750
+103,930
| +3,685% | +$4.36M |
|
|
MASI
1210
DELISTED
Masimo
MASI
| $4.75M | 0.02% |
162,451
+154,851
| +2,038% | +$4.33M |
|
1211
Steven Madden
SHOO
$3.33B
| $4.75M | 0.02% |
194,612
+151,104
| +347% | +$3.68M |
|
1212
CALL
MetLife
MET
$60.9B
| $4.75M | 0.02% |
98,736
+42,636
| +76% | +$1.91M |
|
|
AUY
1213
CALL
DELISTED
Yamana Gold, Inc.
AUY
| $4.74M | 0.02% |
550,000
+244,100
| +80% | +$2.25M |
|
1214
Grand Canyon Education
LOPE
$3.89B
| $4.74M | 0.02% |
108,691
+101,176
| +1,346% | +$4.44M |
|
|
FOE
1215
DELISTED
Ferro Corporation
FOE
| $4.73M | 0.01% |
368,973
+206,092
| +127% | +$2.5M |
|
1216
Hormel Foods
HRL
$13.1B
| $4.73M | 0.01% |
209,462
+198,766
| +1,858% | +$4.35M |
|
1217
CALL
Petrobras
PBR
$115B
| $4.72M | 0.01% |
342,800
-274,700
| -44% | -$4.26M |
|
|
MTGE
1218
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $4.72M | 0.01% |
+270,469
| New | +$5.19M |
|
1219
3M
MMM
$92.5B
| $4.72M | 0.01% |
40,235
-14,927
| -27% | -$1.59M |
|
|
TSL
1220
DELISTED
Trina Solar Limited
TSL
| $4.72M | 0.01% |
344,968
+146,042
| +73% | +$2.19M |
|
|
CBM
1221
DELISTED
Cambrex Corporation
CBM
| $4.7M | 0.01% |
263,813
+122,430
| +87% | +$2.11M |
|
1222
Reliance Steel & Aluminium
RS
$19.6B
| $4.7M | 0.01% |
61,994
-3,967
| -6% | -$293K |
|
1223
Titan Machinery
TITN
$446M
| $4.7M | 0.01% |
+263,727
| New | +$4.45M |
|
1224
PUT
Valero Energy
VLO
$98B
| $4.69M | 0.01% |
93,000
-39,000
| -30% | -$1.64M |
|
|
ACI
1225
DELISTED
ARCH COAL, INC.
ACI
| $4.69M | 0.01% |
+105,318
| New | +$4.42M |
|
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.