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 | |
|---|---|---|---|---|---|---|
|
AEGR
1226
DELISTED
Aegerion Pharmaceuticals
AEGR
| $4.67M | 0.01% |
65,806
-107,009
| -62% | -$8.18M |
|
|
VXX
1227
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $4.67M | 0.01% |
6,858
+769
| +13% | +$613K |
|
1228
Toll Brothers
TOL
$13.9B
| $4.65M | 0.01% |
125,678
+60,083
| +92% | +$1.99M |
|
|
PMC
1229
DELISTED
PharMerica Corporation
PMC
| $4.65M | 0.01% |
216,167
+184,882
| +591% | +$3.36M |
|
|
WWAV
1230
DELISTED
The WhiteWave Foods Company
WWAV
| $4.64M | 0.01% |
202,444
+172,463
| +575% | +$3.58M |
|
|
EGL
1231
DELISTED
Engility Holdings, Inc.
EGL
| $4.64M | 0.01% |
138,935
+87,553
| +170% | +$2.75M |
|
|
GEVA
1232
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $4.63M | 0.01% |
+71,490
| New | +$4.24M |
|
1233
Primerica
PRI
$9.16B
| $4.63M | 0.01% |
+107,794
| New | +$4.57M |
|
1234
CALL
Abercrombie & Fitch
ANF
$4.84B
| $4.61M | 0.01% |
140,200
+13,400
| +11% | +$462K |
|
1235
PUT
Caterpillar
CAT
$373B
| $4.59M | 0.01% |
+50,600
| New | +$4.32M |
|
|
WINT
1236
DELISTED
Windtree Therapeutics Inc
WINT
| $4.59M | 0.01% |
+145,867
| New | +$4.56M |
|
1237
Aecom
ACM
$8.08B
| $4.59M | 0.01% |
156,028
+146,212
| +1,490% | +$4.42M |
|
1238
Eldorado Gold
EGO
$12.6B
| $4.59M | 0.01% |
161,343
+51,142
| +46% | +$1.57M |
|
1239
Amdocs
DOX
$6.51B
| $4.59M | 0.01% |
111,218
-136,666
| -55% | -$5.38M |
|
|
ORB
1240
DELISTED
ORBITAL SCIENCES CORP
ORB
| $4.58M | 0.01% |
196,387
+6,879
| +4% | +$157K |
|
1241
EPAM Systems
EPAM
$5.77B
| $4.57M | 0.01% |
130,769
+19,518
| +18% | +$698K |
|
|
MANT
1242
DELISTED
Mantech International Corp
MANT
| $4.56M | 0.01% |
152,466
+134,515
| +749% | +$3.84M |
|
1243
WEC Energy
WEC
$34.8B
| $4.55M | 0.01% |
110,123
-4,848
| -4% | -$201K |
|
|
HMIN
1244
DELISTED
HOMEINNS HOTEL GROUP SPONSORED ADR
HMIN
| $4.55M | 0.01% |
104,217
+33,483
| +47% | +$1.29M |
|
1245
Raymond James Financial
RJF
$33.6B
| $4.54M | 0.01% |
130,614
-149,595
| -53% | -$4.64M |
|
|
GG
1246
DELISTED
Goldcorp Inc
GG
| $4.54M | 0.01% |
209,564
-40,844
| -16% | -$959K |
|
1247
ScottsMiracle-Gro
SMG
$3.65B
| $4.53M | 0.01% |
72,781
-10,699
| -13% | -$626K |
|
1248
PUT
Microsoft
MSFT
$3.65T
| $4.52M | 0.01% |
120,900
+113,400
| +1,512% | +$4.12M |
|
1249
Pricesmart
PSMT
$5.47B
| $4.51M | 0.01% |
+39,053
| New | +$4.39M |
|
|
AOL
1250
DELISTED
AOL INC COMMON STOCK
AOL
| $4.51M | 0.01% |
96,655
-177,351
| -65% | -$7.24M |
|
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.