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 | |
|---|---|---|---|---|---|---|
1876
CALL
Apple
AAPL
$4.57T
| $1.85M | 0.01% |
92,400
-1,008,000
| -92% | -$19M |
|
1877
Arq
ARQ
$93.9M
| $1.84M | 0.01% |
68,046
+33,070
| +95% | +$772K |
|
|
IVC
1878
DELISTED
Invacare Corporation
IVC
| $1.84M | 0.01% |
+79,328
| New | +$1.64M |
|
1879
Telephone and Data Systems
TDS
$3.83B
| $1.84M | 0.01% |
71,371
+28,910
| +68% | +$818K |
|
|
FWLT
1880
PUT
DELISTED
FOSTER WHEELER AG (SWITZERLAND)
FWLT
| $1.84M | 0.01% |
+55,700
| New | +$1.63M |
|
1881
Canadian Imperial Bank of Commerce
CM
$108B
| $1.84M | 0.01% |
43,893
-5,095
| -10% | -$209K |
|
|
HDS
1882
DELISTED
HD Supply Holdings, Inc.
HDS
| $1.83M | 0.01% |
76,416
-1,115,296
| -94% | -$24.1M |
|
|
CTCT
1883
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $1.83M | 0.01% |
+59,017
| New | +$1.55M |
|
|
TYC
1884
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $1.83M | 0.01% |
42,688
-510,632
| -92% | -$19.8M |
|
|
FUEL
1885
PUT
DELISTED
Rocket Fuel Inc.
FUEL
| $1.83M | 0.01% |
+29,700
| New | +$1.6M |
|
1886
Invesco QQQ Trust
QQQ
$486B
| $1.82M | 0.01% |
+20,740
| New | +$1.73M |
|
1887
Sasol
SSL
$7.28B
| $1.82M | 0.01% |
36,848
+20,582
| +127% | +$1.02M |
|
|
ONE
1888
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $1.82M | 0.01% |
186,616
+153,584
| +465% | +$1.39M |
|
1889
PUT
Toronto Dominion Bank
TD
$197B
| $1.82M | 0.01% |
+38,600
| New | +$1.76M |
|
|
STML
1890
DELISTED
Stemline Therapeutics, Inc.
STML
| $1.81M | 0.01% |
92,624
+85,824
| +1,262% | +$2.29M |
|
|
AVP
1891
CALL
DELISTED
Avon Products, Inc.
AVP
| $1.81M | 0.01% |
105,100
+88,600
| +537% | +$1.66M |
|
1892
CALL
Costco
COST
$424B
| $1.81M | 0.01% |
15,200
-1,000
| -6% | -$120K |
|
|
JCP
1893
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.81M | 0.01% |
197,486
-100,650
| -34% | -$839K |
|
|
CHSP
1894
DELISTED
Chesapeake Lodging Trust
CHSP
| $1.8M | 0.01% |
71,257
+41,179
| +137% | +$982K |
|
|
SNBR
1895
DELISTED
Sleep Number
SNBR
| $1.8M | 0.01% |
85,390
-52,065
| -38% | -$1.09M |
|
1896
PUT
Designer Brands
DBI
$290M
| $1.8M | 0.01% |
42,100
+34,300
| +440% | +$1.49M |
|
1897
Pinnacle Financial Partners Inc
PNFP
$15.4B
| $1.79M | 0.01% |
+54,936
| New | +$1.73M |
|
|
ANR
1898
PUT
DELISTED
Alpha Natural Resources Inc
ANR
| $1.78M | 0.01% |
250,000
| – | – |
|
|
GGP
1899
CALL
DELISTED
GGP Inc.
GGP
| $1.78M | 0.01% |
88,900
-65,600
| -42% | -$1.35M |
|
1900
La-Z-Boy
LZB
$1.3B
| $1.78M | 0.01% |
57,480
+32,260
| +128% | +$834K |
|
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.