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 | |
|---|---|---|---|---|---|---|
1576
Euronet Worldwide
EEFT
$2.66B
| $2.82M | 0.01% |
59,026
+49,134
| +497% | +$2.21M |
|
|
WY.PRA
1577
DELISTED
WEYERHAEUSER COMP PREF CONV SER A (WA)
WY.PRA
| $2.8M | 0.01% |
50,000
| – | – |
|
|
GTI
1578
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
| $2.8M | 0.01% |
+249,295
| New | +$2.54M |
|
1579
ABM Industries
ABM
$2.73B
| $2.8M | 0.01% |
97,802
+36,632
| +60% | +$1.01M |
|
1580
PUT
Silicon Laboratories
SLAB
$7.29B
| $2.78M | 0.01% |
64,200
+8,700
| +16% | +$356K |
|
1581
MetLife
MET
$60.9B
| $2.78M | 0.01% |
57,833
-916,504
| -94% | -$41.1M |
|
|
LEAP
1582
DELISTED
LEAP WIRELESS INTERNATIONAL INC NEW
LEAP
| $2.77M | 0.01% |
+159,258
| New | +$2.62M |
|
|
CBST
1583
PUT
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $2.76M | 0.01% |
+40,100
| New | +$2.6M |
|
1584
Cullen/Frost Bankers
CFR
$10.2B
| $2.76M | 0.01% |
+37,079
| New | +$2.65M |
|
1585
Heartland Express
HTLD
$950M
| $2.76M | 0.01% |
140,663
+112,029
| +391% | +$1.84M |
|
|
CAJ
1586
DELISTED
Canon, Inc.
CAJ
| $2.76M | 0.01% |
+86,263
| New | +$2.76M |
|
|
HOLX
1587
DELISTED
Hologic
HOLX
| $2.75M | 0.01% |
123,158
-221,979
| -64% | -$4.89M |
|
1588
CALL
Invesco
IVZ
$14.4B
| $2.73M | 0.01% |
+75,000
| New | +$2.54M |
|
|
FLY
1589
DELISTED
Fly Leasing Limited
FLY
| $2.72M | 0.01% |
169,481
-29,834
| -15% | -$444K |
|
|
CVSA
1590
Covista Inc
CVSA
$4.64B
| $2.72M | 0.01% |
76,643
-59,487
| -44% | -$2.06M |
|
|
THR
1591
DELISTED
Thermon Group Holdings
THR
| $2.72M | 0.01% |
99,371
-13,190
| -12% | -$343K |
|
1592
Dycom Industries
DY
$10.6B
| $2.71M | 0.01% |
97,562
+54,039
| +124% | +$1.55M |
|
1593
Federal Signal
FSS
$7.36B
| $2.71M | 0.01% |
185,066
+130,277
| +238% | +$1.86M |
|
1594
UGI
UGI
$8.23B
| $2.71M | 0.01% |
97,989
-95,600
| -49% | -$2.58M |
|
1595
AstraZeneca
AZN
$263B
| $2.71M | 0.01% |
45,600
-118,599
| -72% | -$6.44M |
|
1596
Royal Caribbean
RCL
$78.2B
| $2.7M | 0.01% |
56,938
+7,750
| +16% | +$329K |
|
1597
SM Energy
SM
$8.49B
| $2.7M | 0.01% |
32,436
-55,540
| -63% | -$4.74M |
|
|
GST
1598
DELISTED
Gastar Exploration Inc.
GST
| $2.69M | 0.01% |
+389,386
| New | +$1.93M |
|
1599
PUT
Alphabet (Google) Class C
GOOG
$4.2T
| $2.69M | 0.01% |
96,360
+8,030
| +9% | +$203K |
|
|
SIAL
1600
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $2.69M | 0.01% |
28,618
+23,774
| +491% | +$2.07M |
|
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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.