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 | |
|---|---|---|---|---|---|---|
1851
TAL Education Group
TAL
$6.48B
| $1.92M | 0.01% |
523,728
-12,024
| -2% | -$37K |
|
1852
PUT
Groupon
GRPN
$775M
| $1.91M | 0.01% |
8,120
-35
| -0.4% | -$7.22K |
|
1853
Merck
MRK
$378B
| $1.91M | 0.01% |
39,996
-967,881
| -96% | -$44.2M |
|
|
TUMI
1854
DELISTED
TUMI HLDGS INC COM
TUMI
| $1.91M | 0.01% |
84,712
+71,312
| +532% | +$1.57M |
|
|
JOY
1855
CALL
DELISTED
Joy Global Inc
JOY
| $1.91M | 0.01% |
32,600
+14,500
| +80% | +$799K |
|
1856
Haemonetics
HAE
$4.85B
| $1.91M | 0.01% |
45,234
-40,483
| -47% | -$1.67M |
|
1857
Albemarle
ALB
$15.9B
| $1.91M | 0.01% |
30,056
+16,633
| +124% | +$1.1M |
|
|
SPN
1858
DELISTED
Superior Energy Services, Inc.
SPN
| $1.91M | 0.01% |
7,159
-39,465
| -85% | -$10.3M |
|
1859
PUT
Costco
COST
$424B
| $1.9M | 0.01% |
16,000
-1,100
| -6% | -$132K |
|
|
PRMW
1860
DELISTED
Primo Water Corporation
PRMW
| $1.9M | 0.01% |
236,237
+174,226
| +281% | +$1.42M |
|
|
RESI
1861
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.9M | 0.01% |
63,197
-629,621
| -91% | -$17.1M |
|
1862
PUT
Teva Pharmaceuticals
TEVA
$44.2B
| $1.9M | 0.01% |
47,400
-9,900
| -17% | -$390K |
|
|
OWW
1863
DELISTED
ORBITZ WORLDWIDE, INC
OWW
| $1.9M | 0.01% |
264,245
-447,453
| -63% | -$3.5M |
|
|
VLP
1864
DELISTED
Valero Energy Partners LP
VLP
| $1.9M | 0.01% |
+55,000
| New | +$1.66M |
|
|
KRFT
1865
PUT
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $1.89M | 0.01% |
+35,000
| New | +$1.87M |
|
1866
Olin
OLN
$2B
| $1.89M | 0.01% |
65,384
-75,709
| -54% | -$1.88M |
|
|
TRLA
1867
DELISTED
TRULIA INC (DEL)
TRLA
| $1.88M | 0.01% |
53,425
-97,321
| -65% | -$3.69M |
|
|
ADT
1868
DELISTED
ADT Corp
ADT
| $1.88M | 0.01% |
+46,350
| New | +$1.91M |
|
1869
Cincinnati Financial
CINF
$26.5B
| $1.87M | 0.01% |
35,786
-47,173
| -57% | -$2.39M |
|
1870
Hope Bancorp
HOPE
$1.78B
| $1.87M | 0.01% |
112,642
-133,980
| -54% | -$2.07M |
|
|
SEE
1871
DELISTED
Sealed Air
SEE
| $1.87M | 0.01% |
54,818
-106,849
| -66% | -$3.26M |
|
1872
PUT
ScottsMiracle-Gro
SMG
$3.57B
| $1.87M | 0.01% |
+30,000
| New | +$1.76M |
|
1873
First Interstate BancSystem
FIBK
$3.55B
| $1.86M | 0.01% |
65,695
+48,138
| +274% | +$1.25M |
|
|
CTRA
1874
PUT
DELISTED
Coterra Energy
CTRA
| $1.85M | 0.01% |
+47,800
| New | +$1.71M |
|
1875
FMC
FMC
$1.39B
| $1.85M | 0.01% |
+28,304
| New | +$1.8M |
|
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.