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 | |
|---|---|---|---|---|---|---|
|
JOY
1751
PUT
DELISTED
Joy Global Inc
JOY
| $2.23M | 0.01% |
38,100
+24,300
| +176% | +$1.34M |
|
|
TXNM
1752
TXNM Energy Inc
TXNM
$5.93B
| $2.22M | 0.01% |
92,196
-1,900,665
| -95% | -$44.5M |
|
|
BITA
1753
DELISTED
Bitauto Holdings Limited
BITA
| $2.22M | 0.01% |
69,447
-17,917
| -21% | -$480K |
|
1754
Gray Television
GTN
$507M
| $2.21M | 0.01% |
148,433
+87,198
| +142% | +$922K |
|
1755
Packaging Corp of America
PKG
$22B
| $2.2M | 0.01% |
34,830
-158,494
| -82% | -$9.63M |
|
|
BDN
1756
Brandywine Realty Trust
BDN
$554M
| $2.2M | 0.01% |
+156,304
| New | +$2.12M |
|
1757
CALL
Micron Technology
MU
$1.06T
| $2.2M | 0.01% |
101,000
-153,200
| -60% | -$2.98M |
|
1758
Builders FirstSource
BLDR
$7.39B
| $2.2M | 0.01% |
307,949
+270,620
| +725% | +$1.84M |
|
1759
Comtech Telecommunications
CMTL
$52.7M
| $2.19M | 0.01% |
69,653
+26,729
| +62% | +$801K |
|
1760
Huazhu Hotels Group
HTHT
$15.1B
| $2.19M | 0.01% |
287,932
+166,472
| +137% | +$1.01M |
|
1761
Coca-Cola Femsa
KOF
$24.1B
| $2.19M | 0.01% |
17,992
-1,779
| -9% | -$214K |
|
1762
CALL
Silicon Laboratories
SLAB
$7.3B
| $2.19M | 0.01% |
50,600
+28,300
| +127% | +$1.16M |
|
|
ECOL
1763
DELISTED
US Ecology, Inc.
ECOL
| $2.19M | 0.01% |
59,016
+39,553
| +203% | +$1.37M |
|
1764
First Majestic Silver
AG
$10.3B
| $2.18M | 0.01% |
222,899
+199,099
| +837% | +$2.07M |
|
1765
CALL
Valero Energy
VLO
$100B
| $2.18M | 0.01% |
43,300
-82,500
| -66% | -$3.48M |
|
|
ARC
1766
DELISTED
ARC Document Solutions, Inc.
ARC
| $2.18M | 0.01% |
265,033
+210,952
| +390% | +$1.51M |
|
1767
BancFirst
BANF
$3.76B
| $2.18M | 0.01% |
+77,720
| New | +$2.15M |
|
1768
Nordson
NDSN
$18.6B
| $2.17M | 0.01% |
+29,245
| New | +$2.13M |
|
1769
Vitamin Cottage Natural Grocers
NGVC
$642M
| $2.17M | 0.01% |
51,196
+35,673
| +230% | +$1.37M |
|
|
AET
1770
DELISTED
Aetna Inc
AET
| $2.16M | 0.01% |
31,540
-63,158
| -67% | -$4.12M |
|
|
CVC
1771
CALL
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $2.16M | 0.01% |
+120,600
| New | +$1.95M |
|
|
WCC
1772
PUT
WESCO International
WCC
$16.9B
| $2.16M | 0.01% |
+23,700
| New | +$1.98M |
|
|
CCMP
1773
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $2.15M | 0.01% |
47,030
+8,928
| +23% | +$378K |
|
|
ESL
1774
DELISTED
Esterline Technologies
ESL
| $2.15M | 0.01% |
21,071
-90,206
| -81% | -$7.71M |
|
|
EXXI
1775
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $2.14M | 0.01% |
79,243
+70,643
| +821% | +$2.03M |
|
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.