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 | |
|---|---|---|---|---|---|---|
|
EMC
1651
CALL
DELISTED
EMC CORPORATION
EMC
| $2.52M | 0.01% |
100,200
-100
| -0.1% | -$2.42K |
|
1652
Aon
AON
$75.3B
| $2.52M | 0.01% |
30,000
-171,833
| -85% | -$13.6M |
|
1653
Albany International
AIN
$1.65B
| $2.51M | 0.01% |
69,821
-14,340
| -17% | -$512K |
|
|
VVUS
1654
DELISTED
Vivus Inc
VVUS
| $2.51M | 0.01% |
27,621
-10,505
| -28% | -$1.01M |
|
1655
Arch Capital
ACGL
$34.3B
| $2.5M | 0.01% |
125,910
-107,718
| -46% | -$2.07M |
|
1656
Fulton Financial
FULT
$4.52B
| $2.5M | 0.01% |
191,150
+119,718
| +168% | +$1.49M |
|
1657
TTEC Holdings
TTEC
$69M
| $2.5M | 0.01% |
104,481
+85,364
| +447% | +$2.15M |
|
|
CIM
1658
Chimera Investment
CIM
$972M
| $2.5M | 0.01% |
53,682
+30,465
| +131% | +$1.39M |
|
|
BSMX
1659
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $2.49M | 0.01% |
182,704
+12,920
| +8% | +$178K |
|
|
OMG
1660
DELISTED
OM GROUP INC.
OMG
| $2.49M | 0.01% |
68,413
+38,109
| +126% | +$1.28M |
|
|
SNCR
1661
DELISTED
Synchronoss Technologies
SNCR
| $2.48M | 0.01% |
8,865
+3,946
| +80% | +$1.2M |
|
1662
ExxonMobil
XOM
$661B
| $2.47M | 0.01% |
24,450
-198,813
| -89% | -$18.4M |
|
1663
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $2.47M | 0.01% |
26,620
+1,878
| +8% | +$174K |
|
|
DTV
1664
CALL
DELISTED
DIRECTV COM STK (DE)
DTV
| $2.47M | 0.01% |
35,800
-83,900
| -70% | -$5.37M |
|
1665
Teledyne Technologies
TDY
$29.1B
| $2.47M | 0.01% |
+26,846
| New | +$2.39M |
|
|
UAM
1666
DELISTED
Universal American Corp
UAM
| $2.46M | 0.01% |
337,682
+288,209
| +583% | +$2.15M |
|
|
IFT
1667
DELISTED
IMPERIAL HLDGS INC COM STK (FL)
IFT
| $2.46M | 0.01% |
376,906
+137,333
| +57% | +$857K |
|
|
NAV
1668
DELISTED
Navistar International
NAV
| $2.46M | 0.01% |
64,361
+22,767
| +55% | +$870K |
|
|
CKH
1669
DELISTED
Seacor Holdings Inc.
CKH
| $2.46M | 0.01% |
27,859
+21,343
| +328% | +$1.93M |
|
1670
Donaldson
DCI
$10.8B
| $2.46M | 0.01% |
56,497
-235,493
| -81% | -$9.59M |
|
|
OCSI
1671
DELISTED
Oaktree Strategic Income Corporation
OCSI
| $2.45M | 0.01% |
184,963
+18,106
| +11% | +$244K |
|
|
ELX
1672
DELISTED
EMULEX CORP
ELX
| $2.45M | 0.01% |
342,022
+55,052
| +19% | +$409K |
|
1673
AerCap
AER
$23.2B
| $2.44M | 0.01% |
+63,675
| New | +$1.5M |
|
|
QIHU
1674
PUT
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $2.44M | 0.01% |
29,700
-31,200
| -51% | -$2.61M |
|
1675
CALL
Host Hotels & Resorts
HST
$15.8B
| $2.43M | 0.01% |
+125,000
| New | +$2.31M |
|
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.