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 | |
|---|---|---|---|---|---|---|
|
ANAD
1801
DELISTED
ANADIGICS INC
ANAD
| $2.05M | 0.01% |
1,115,000
+145,000
| +15% | +$278K |
|
|
LHO
1802
DELISTED
LaSalle Hotel Properties
LHO
| $2.05M | 0.01% |
+66,360
| New | +$2.03M |
|
1803
MYR Group
MYRG
$4.87B
| $2.04M | 0.01% |
81,553
+10,353
| +15% | +$260K |
|
1804
CALL
F5
FFIV
$22.6B
| $2.04M | 0.01% |
22,500
-32,100
| -59% | -$2.73M |
|
1805
Tractor Supply
TSCO
$18.2B
| $2.04M | 0.01% |
+131,705
| New | +$1.88M |
|
|
TSRO
1806
DELISTED
TESARO, Inc.
TSRO
| $2.04M | 0.01% |
72,257
-57,100
| -44% | -$2.12M |
|
|
DNKN
1807
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $2.04M | 0.01% |
42,243
-457,462
| -92% | -$21.7M |
|
1808
PUT
Incyte
INCY
$26B
| $2.04M | 0.01% |
40,200
+32,000
| +390% | +$1.39M |
|
|
NATI
1809
DELISTED
National Instruments Corp
NATI
| $2.03M | 0.01% |
+63,423
| New | +$1.96M |
|
|
BRP
1810
DELISTED
BROOKFIELD RESIDENTIAL PROPERTIES INC
BRP
| $2.03M | 0.01% |
83,903
+50,874
| +154% | +$1.12M |
|
|
NVO
1811
Novo Nordisk
NVO
$209B
| $2.03M | 0.01% |
109,630
-246,750
| -69% | -$4.3M |
|
|
AUO
1812
DELISTED
AU Optronics Corp
AUO
| $2.03M | 0.01% |
649,499
+344,610
| +113% | +$1.08M |
|
1813
CALL
Dollar General
DG
$27.1B
| $2.02M | 0.01% |
33,400
-4,800
| -13% | -$282K |
|
|
NAVG
1814
DELISTED
Navigators Group Inc
NAVG
| $2.01M | 0.01% |
+63,650
| New | +$1.91M |
|
1815
Nektar Therapeutics
NKTR
$2.52B
| $2M | 0.01% |
11,772
+6,521
| +124% | +$1.05M |
|
|
CBST
1816
CALL
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $2M | 0.01% |
29,100
-473,900
| -94% | -$30.7M |
|
1817
Old National Bancorp
ONB
$9.86B
| $2M | 0.01% |
130,289
+23,463
| +22% | +$350K |
|
|
CCI.PRA
1818
DELISTED
Crown Castle International Corp.
CCI.PRA
| $2M | 0.01% |
+20,000
| New | +$2.01M |
|
|
SAFM
1819
DELISTED
Sanderson Farms Inc
SAFM
| $2M | 0.01% |
27,643
-106,452
| -79% | -$7.09M |
|
1820
PUT
Ovintiv
OVV
$17.8B
| $2M | 0.01% |
+22,120
| New | +$2.02M |
|
|
LNCO
1821
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $1.99M | 0.01% |
64,557
+26,967
| +72% | +$825K |
|
1822
PUT
Adobe
ADBE
$109B
| $1.99M | 0.01% |
33,200
+9,500
| +40% | +$525K |
|
1823
McCormick & Company Non-Voting
MKC
$14.8B
| $1.98M | 0.01% |
57,526
+48,126
| +512% | +$1.64M |
|
1824
Integer Holdings
ITGR
$4.26B
| $1.98M | 0.01% |
49,087
+21,115
| +75% | +$743K |
|
|
SALE
1825
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $1.98M | 0.01% |
+68,752
| New | +$2.14M |
|
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.