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 | Miscellaneous | 24.69% |
| 2 | Healthcare | 12.31% |
| 3 | Energy | 11.61% |
| 4 | Utilities | 8.18% |
| 5 | Financials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
1951
PUT
DELISTED
Allergan plc
AGN
| $1.63M | 0.01% |
9,700
+5,500
| +131% | +$860K |
|
1952
Vulcan Materials
VMC
$35.6B
| $1.62M | 0.01% |
27,314
-4,797
| -15% | -$265K |
|
|
PGTI
1953
DELISTED
PGT, Inc.
PGTI
| $1.62M | 0.01% |
160,152
+695
| +0.4% | +$6.87K |
|
|
JKS
1954
JinkoSolar
JKS
$705M
| $1.62M | 0.01% |
55,280
-64,921
| -54% | -$1.74M |
|
|
ACH
1955
Accendra Health
ACH
$91.5M
| $1.62M | 0.01% |
44,324
-11,897
| -21% | -$437K |
|
1956
Barrett Business Services
BBSI
$829M
| $1.62M | 0.01% |
69,848
-5,868
| -8% | -$120K |
|
|
AAT
1957
American Assets Trust
AAT
$1.39B
| $1.61M | 0.01% |
51,387
+16,677
| +48% | +$534K |
|
1958
Titan International
TWI
$449M
| $1.61M | 0.01% |
89,812
+5,992
| +7% | +$95.9K |
|
1959
STAG Industrial
STAG
$7.15B
| $1.61M | 0.01% |
78,805
-64,146
| -45% | -$1.34M |
|
|
VRTU
1960
DELISTED
Virtusa Corporation
VRTU
| $1.61M | 0.01% |
+42,164
| New | +$1.4M |
|
|
DGI
1961
DELISTED
DigitalGlobe Inc.
DGI
| $1.6M | 0.01% |
38,986
-403,228
| -91% | -$14.5M |
|
1962
PUT
Best Buy
BBY
$17.6B
| $1.6M | 0.01% |
40,200
+9,000
| +29% | +$369K |
|
1963
Steel Dynamics
STLD
$33.7B
| $1.6M | 0.01% |
82,024
-289,084
| -78% | -$5.3M |
|
|
AIRM
1964
DELISTED
Air Methods Corp
AIRM
| $1.6M | 0.01% |
27,505
+2,405
| +10% | +$120K |
|
1965
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.9B
| $1.6M | 0.01% |
+47,806
| New | +$1.52M |
|
|
AFOP
1966
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $1.6M | 0.01% |
+106,088
| New | +$1.77M |
|
|
NTT
1967
DELISTED
Nippon Telegraph & Telephone
NTT
| $1.6M | 0.01% |
59,019
+49,986
| +553% | +$1.31M |
|
1968
Globe Life
GL
$13.5B
| $1.59M | 0.01% |
30,612
-36,810
| -55% | -$1.84M |
|
1969
LivePerson
LPSN
$33.9M
| $1.59M | 0.01% |
7,175
+3,417
| +91% | +$567K |
|
|
LL
1970
DELISTED
LL Flooring Holdings, Inc.
LL
| $1.59M | 0.01% |
+15,500
| New | +$1.65M |
|
|
CUK
1971
DELISTED
Carnival PLC
CUK
| $1.59M | 0.01% |
+38,459
| New | +$1.38M |
|
1972
Ionis Pharmaceuticals
IONS
$10.5B
| $1.59M | 0.01% |
40,000
-220,133
| -85% | -$7.84M |
|
|
ENT
1973
DELISTED
Global Eagle Entertainment Inc.
ENT
| $1.59M | 0.01% |
4,284
+84
| +2% | +$25.7K |
|
|
BONA
1974
DELISTED
BONA FILM GROUP LTD SPONSORED ADS
BONA
| $1.59M | 0.01% |
277,230
+264,930
| +2,154% | +$1.55M |
|
1975
Caesarstone
CSTE
$116M
| $1.59M | 0.01% |
32,001
+24,314
| +316% | +$1.1M |
|
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 deployed $1.28B of net new capital in Q4 2013, opening 937 new positions and adding to 1,261 existing holdings. Its largest new stake was Crown Holdings: 1,441,595 shares worth $64.3M.
By sector, the portfolio is most concentrated in Miscellaneous at 25% of assets, down from 34% a quarter earlier, followed by Healthcare and Energy.
On the sell side, the largest reduction was Dominion Energy, an estimated $125M trimmed.
- 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.