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 | |
|---|---|---|---|---|---|---|
|
PRA
1326
DELISTED
ProAssurance
PRA
| $4.08M | 0.01% |
84,134
-52,424
| -38% | -$2.44M |
|
1327
Silgan Holdings
SLGN
$4.51B
| $4.06M | 0.01% |
169,164
+154,782
| +1,076% | +$3.61M |
|
1328
Rogers Corp
ROG
$2.23B
| $4.06M | 0.01% |
65,979
+57,755
| +702% | +$3.48M |
|
|
DISH
1329
CALL
DELISTED
DISH Network Corp.
DISH
| $4.05M | 0.01% |
70,000
-82,100
| -54% | -$4.2M |
|
|
XOOM
1330
DELISTED
XOOM CORP COM
XOOM
| $4.05M | 0.01% |
148,055
+119,518
| +419% | +$3.48M |
|
1331
AtriCure
ATRC
$2.48B
| $4.05M | 0.01% |
216,851
+174,919
| +417% | +$2.54M |
|
|
NSM
1332
CALL
DELISTED
Nationstar Mortgage Holdings
NSM
| $4.05M | 0.01% |
109,600
+1,300
| +1% | +$58.3K |
|
1333
Brinker International
EAT
$10.7B
| $4.05M | 0.01% |
87,387
+9,292
| +12% | +$412K |
|
|
SONC
1334
DELISTED
Sonic Corp
SONC
| $4.04M | 0.01% |
200,005
+76,158
| +61% | +$1.48M |
|
|
GLBR
1335
DELISTED
Global Brokerage, Inc. Class A Common Stock
GLBR
| $4.04M | 0.01% |
22,627
+4,584
| +25% | +$770K |
|
1336
SunCoke Energy
SXC
$828M
| $4.04M | 0.01% |
176,953
-424,046
| -71% | -$8.75M |
|
|
NTLS
1337
DELISTED
NTELOS HLDGS CORP COM
NTLS
| $4.02M | 0.01% |
198,535
+117,237
| +144% | +$2.35M |
|
|
LLL
1338
DELISTED
L3 Technologies, Inc.
LLL
| $4.01M | 0.01% |
37,511
-20,963
| -36% | -$2.1M |
|
|
RRTS
1339
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $4M | 0.01% |
5,945
+4,559
| +329% | +$3.02M |
|
1340
PUT
Delta Air Lines
DAL
$55B
| $3.99M | 0.01% |
+145,300
| New | +$3.9M |
|
|
DWRE
1341
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $3.98M | 0.01% |
62,125
+12,319
| +25% | +$687K |
|
|
UCB
1342
United Community Banks
UCB
$4.23B
| $3.98M | 0.01% |
+224,318
| New | +$3.71M |
|
1343
CALL
Groupon
GRPN
$797M
| $3.98M | 0.01% |
16,905
+1,840
| +12% | +$380K |
|
1344
ArcBest
ARCB
$3.03B
| $3.97M | 0.01% |
+117,954
| New | +$3.51M |
|
|
LNCO
1345
CALL
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $3.97M | 0.01% |
+128,800
| New | +$3.94M |
|
1346
PUT
MGM Resorts International
MGM
$10.9B
| $3.96M | 0.01% |
168,400
+700
| +0.4% | +$14.3K |
|
|
ESI
1347
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $3.96M | 0.01% |
117,797
+91,511
| +348% | +$3.29M |
|
1348
CALL
D.R. Horton
DHI
$42.2B
| $3.95M | 0.01% |
+177,100
| New | +$3.42M |
|
1349
CALL
Signet Jewelers
SIG
$3.29B
| $3.94M | 0.01% |
+50,000
| New | +$3.78M |
|
1350
Freeport-McMoran
FCX
$115B
| $3.93M | 0.01% |
104,111
-372,055
| -78% | -$13.2M |
|
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.