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 | |
|---|---|---|---|---|---|---|
1476
Cathay General Bancorp
CATY
$4.13B
| $3.23M | 0.01% |
+120,646
| New | +$3.06M |
|
1477
CALL
Southern Copper
SCCO
$186B
| $3.22M | 0.01% |
+122,593
| New | +$3.04M |
|
1478
CALL
Teva Pharmaceuticals
TEVA
$44.4B
| $3.22M | 0.01% |
+80,400
| New | +$3.17M |
|
1479
PUT
Fluor
FLR
$6.86B
| $3.21M | 0.01% |
40,000
-61,200
| -60% | -$4.67M |
|
1480
Live Nation Entertainment
LYV
$43.5B
| $3.21M | 0.01% |
162,468
+24,893
| +18% | +$466K |
|
|
FDML
1481
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $3.21M | 0.01% |
162,898
+107,917
| +196% | +$2.06M |
|
|
NPBC
1482
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $3.2M | 0.01% |
282,693
-142,721
| -34% | -$1.52M |
|
|
HEES
1483
DELISTED
H&E Equipment Services
HEES
| $3.19M | 0.01% |
+107,534
| New | +$2.95M |
|
1484
Autoliv
ALV
$9.08B
| $3.19M | 0.01% |
+48,154
| New | +$3.14M |
|
1485
Bank of Montreal
BMO
$121B
| $3.18M | 0.01% |
47,770
+41,462
| +657% | +$2.82M |
|
|
FWLT
1486
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $3.17M | 0.01% |
96,216
-41,761
| -30% | -$1.22M |
|
1487
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $3.17M | 0.01% |
57,244
+38,115
| +199% | +$2.04M |
|
1488
UnitedHealth
UNH
$356B
| $3.17M | 0.01% |
42,094
-270,185
| -87% | -$19.4M |
|
|
KMR
1489
DELISTED
KINDER MORGAN MANAGEMENT LLC
KMR
| $3.17M | 0.01% |
44,816
-29,421
| -40% | -$2.05M |
|
|
RP
1490
DELISTED
RealPage, Inc.
RP
| $3.17M | 0.01% |
+135,378
| New | +$3.22M |
|
1491
PUT
Tesla
TSLA
$1.38T
| $3.16M | 0.01% |
+315,000
| New | +$3.22M |
|
|
FMBI
1492
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $3.15M | 0.01% |
179,668
+158,168
| +736% | +$2.67M |
|
|
MON
1493
CALL
DELISTED
Monsanto Co
MON
| $3.15M | 0.01% |
27,000
-23,000
| -46% | -$2.51M |
|
1494
Omnicom Group
OMC
$24.2B
| $3.14M | 0.01% |
42,280
-87,411
| -67% | -$6.01M |
|
1495
Sally Beauty Holdings
SBH
$1.54B
| $3.14M | 0.01% |
103,986
-591,652
| -85% | -$16.2M |
|
|
RC
1496
Ready Capital
RC
$329M
| $3.14M | 0.01% |
196,020
+27,185
| +16% | +$466K |
|
1497
Saia
SAIA
$9.17B
| $3.13M | 0.01% |
97,805
+72,947
| +293% | +$2.38M |
|
1498
AMN Healthcare
AMN
$1.31B
| $3.13M | 0.01% |
213,154
-14,401
| -6% | -$195K |
|
1499
Allegion
ALLE
$13.6B
| $3.13M | 0.01% |
+70,731
| New | +$3.06M |
|
1500
HSBC
HSBC
$358B
| $3.12M | 0.01% |
65,725
+43,899
| +201% | +$2.08M |
|
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.