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 | |
|---|---|---|---|---|---|---|
1376
Tenet Healthcare
THC
$21.9B
| $3.76M | 0.01% |
89,271
-1,975
| -2% | -$86K |
|
1377
Amphenol
APH
$196B
| $3.76M | 0.01% |
337,136
-803,752
| -70% | -$8.31M |
|
1378
Host Hotels & Resorts
HST
$15.8B
| $3.74M | 0.01% |
192,587
-80,630
| -30% | -$1.49M |
|
1379
PUT
Edwards Lifesciences
EW
$52.4B
| $3.74M | 0.01% |
341,400
+84,000
| +33% | +$947K |
|
1380
Fortinet
FTNT
$113B
| $3.74M | 0.01% |
977,755
+191,990
| +24% | +$748K |
|
|
AMAP
1381
DELISTED
AUTONAVI HLDGS LTD SPON ADR (CYM)
AMAP
| $3.74M | 0.01% |
+262,148
| New | +$4.02M |
|
1382
CALL
Merck
MRK
$386B
| $3.73M | 0.01% |
78,076
-833,160
| -91% | -$38.1M |
|
|
CSG
1383
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $3.73M | 0.01% |
+487,252
| New | +$4.15M |
|
|
AEGR
1384
PUT
DELISTED
Aegerion Pharmaceuticals
AEGR
| $3.73M | 0.01% |
+52,500
| New | +$4.01M |
|
1385
Brown-Forman Class B
BF.B
$12.9B
| $3.72M | 0.01% |
154,016
-174,981
| -53% | -$4.11M |
|
|
BGC
1386
DELISTED
General Cable Corporation
BGC
| $3.71M | 0.01% |
126,049
+65,292
| +107% | +$1.98M |
|
|
AF
1387
DELISTED
Astoria Financial Corporation
AF
| $3.71M | 0.01% |
267,995
+189,323
| +241% | +$2.53M |
|
|
ANH
1388
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $3.7M | 0.01% |
879,771
+808,115
| +1,128% | +$3.63M |
|
|
GTLS
1389
DELISTED
Chart Industries
GTLS
| $3.7M | 0.01% |
+38,685
| New | +$4.07M |
|
|
1390
CALL
Gilead Sciences
GILD
$184B
| $3.69M | 0.01% |
+49,200
| New | +$3.43M |
|
|
PFPT
1391
DELISTED
Proofpoint, Inc.
PFPT
| $3.68M | 0.01% |
111,038
+9,150
| +9% | +$275K |
|
|
MCP
1392
DELISTED
MOLYCORP INC COM STK
MCP
| $3.68M | 0.01% |
655,246
+608,012
| +1,287% | +$3.21M |
|
|
SPWR
1393
DELISTED
SunPower Corporation Common Stock
SPWR
| $3.66M | 0.01% |
187,586
+75,898
| +68% | +$1.52M |
|
|
TTPH
1394
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $3.64M | 0.01% |
+13,465
| New | +$3.21M |
|
|
AYR
1395
DELISTED
Aircastle Ltd
AYR
| $3.62M | 0.01% |
189,072
+13,136
| +7% | +$244K |
|
|
TLM
1396
CALL
DELISTED
TALISMAN ENERGY INC
TLM
| $3.62M | 0.01% |
+310,700
| New | +$3.74M |
|
|
AMAG
1397
DELISTED
AMAG Pharmaceuticals
AMAG
| $3.62M | 0.01% |
148,927
+131,277
| +744% | +$3.09M |
|
|
AHT
1398
Ashford Hospitality Trust
AHT
$21.7M
| $3.62M | 0.01% |
468
+213
| +84% | +$1.68M |
|
|
CEB
1399
DELISTED
CEB Inc.
CEB
| $3.62M | 0.01% |
+46,684
| New | +$3.43M |
|
1400
Cytokinetics
CYTK
$10.8B
| $3.6M | 0.01% |
554,659
-312,401
| -36% | -$2.05M |
|
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.