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 |
American Electric Power
AEP
|
+$119M |
| 2 |
PPL
PPL Corp
PPL
|
+$104M |
| 3 |
CMS Energy
CMS
|
+$101M |
| 4 |
Johnson & Johnson
JNJ
|
+$75M |
| 5 |
Home Depot
HD
|
+$71.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Duke Energy
DUK
|
+$125M |
| 2 |
Ameren
AEE
|
+$85.8M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$76.1M |
| 4 |
Starwood Property Trust
STWD
|
+$72.3M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$69.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 33.61% |
| 2 | Energy | 11.48% |
| 3 | Healthcare | 8.5% |
| 4 | Consumer Discretionary | 7.28% |
| 5 | Utilities | 6.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
CALL
Dominion Energy
D
$58.2B
| $1.44M | ﹤0.01% |
23,000
-210,500
| -90% | -$12.5M |
|
1877
PG&E
PCG
$39.1B
| $1.44M | ﹤0.01% |
35,091
-266,668
| -88% | -$11.6M |
|
|
SYA
1878
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $1.44M | ﹤0.01% |
80,550
+66,069
| +456% | +$1.18M |
|
1879
PUT
Scholastic
SCHL
$743M
| $1.43M | ﹤0.01% |
+50,000
| New | +$1.52M |
|
|
GRA
1880
DELISTED
W.R. Grace & Co.
GRA
| $1.43M | ﹤0.01% |
16,409
-78,739
| -83% | -$6.53M |
|
1881
Universal Display
OLED
$3.96B
| $1.43M | ﹤0.01% |
+44,721
| New | +$1.43M |
|
|
ABMD
1882
PUT
DELISTED
Abiomed Inc
ABMD
| $1.43M | ﹤0.01% |
+75,000
| New | +$1.71M |
|
1883
State Street Energy Select Sector SPDR ETF
XLE
$40.7B
| $1.43M | ﹤0.01% |
34,474
-28,348
| -45% | -$1.17M |
|
1884
Mine Safety
MSA
$7.34B
| $1.43M | ﹤0.01% |
27,644
-3,609
| -12% | -$184K |
|
|
INFI
1885
CALL
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $1.43M | ﹤0.01% |
+81,800
| New | +$1.57M |
|
|
CTLP
1886
DELISTED
Cantaloupe
CTLP
| $1.43M | ﹤0.01% |
885,000
+500
| +0.1% | +$976 |
|
|
CLNY
1887
DELISTED
Colony Capital, Inc.
CLNY
| $1.42M | ﹤0.01% |
71,060
-27,702
| -28% | -$560K |
|
1888
Strategy Inc
MSTR
$54.8B
| $1.42M | ﹤0.01% |
136,730
-419,880
| -75% | -$4.09M |
|
|
ANR
1889
DELISTED
Alpha Natural Resources Inc
ANR
| $1.42M | ﹤0.01% |
237,820
-197,744
| -45% | -$1.16M |
|
1890
CALL
Ulta Beauty
ULTA
$23B
| $1.41M | ﹤0.01% |
11,800
-6,800
| -37% | -$705K |
|
|
JIVE
1891
DELISTED
Jive Software, Inc.
JIVE
| $1.41M | ﹤0.01% |
+112,827
| New | +$1.62M |
|
|
ACRE
1892
Ares Commercial Real Estate
ACRE
$260M
| $1.41M | ﹤0.01% |
+113,326
| New | +$1.45M |
|
1893
Rambus
RMBS
$9.81B
| $1.41M | ﹤0.01% |
149,781
-323,138
| -68% | -$2.96M |
|
|
BITA
1894
DELISTED
Bitauto Holdings Limited
BITA
| $1.41M | ﹤0.01% |
+87,364
| New | +$1.22M |
|
|
CHU
1895
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $1.4M | ﹤0.01% |
91,082
+36,116
| +66% | +$540K |
|
|
QLGC
1896
DELISTED
QLOGIC CORP
QLGC
| $1.4M | ﹤0.01% |
128,221
-106,174
| -45% | -$1.17M |
|
|
GIVN
1897
DELISTED
GIVEN IMAGING LTD
GIVN
| $1.4M | ﹤0.01% |
72,679
-62,531
| -46% | -$1.05M |
|
|
TPC
1898
Tutor Perini Cor
TPC
$4.79B
| $1.4M | ﹤0.01% |
+65,461
| New | +$1.27M |
|
|
SA
1899
Seabridge Gold
SA
$3.69B
| $1.39M | ﹤0.01% |
133,315
+102,698
| +335% | +$1.27M |
|
|
ACAS
1900
DELISTED
American Capital Ltd
ACAS
| $1.39M | ﹤0.01% |
101,150
-334,297
| -77% | -$4.4M |
|
Similar funds
Israel Englander's Q3 2013 Portfolio in Review
As of Q3 2013, Israel Englander held 3,899 positions worth $31.1B, down 4.8% from $32.6B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Israel Englander's Q3 2013 filing shows 955 new, 1,173 increased, 1,073 reduced and 642 closed positions. Its largest new stake was Johnson & Johnson: 836,108 shares worth $72.5M. The largest sale was Duke Energy, an estimated $125M.
By sector, the portfolio is most concentrated in Miscellaneous at 34% of assets, down from 42% a quarter earlier, followed by Energy and Healthcare.
- Israel Englander's largest Q3 2013 buy was Johnson & Johnson: 836,108 shares worth $72.5M.
- Israel Englander added most to American Electric Power in Q3 2013, an estimated $119M increase.
- Israel Englander's biggest Q3 2013 reduction was Duke Energy, cutting an estimated $125M.
- Israel Englander fully exited BMC SOFTWARE, INC in Q3 2013, selling an estimated $60.2M.
- Israel Englander's ten largest holdings make up 22% of its $31.1B portfolio in Q3 2013.
- Israel Englander opened 955 new positions and closed 642 in Q3 2013.
- Israel Englander's portfolio value fell 4.8% quarter-over-quarter to $31.1B.
Based on Millennium Management's 13F filing for Q3 2013, filed 14 Nov 2013.