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Israel Englander Millennium Management

AUM $276B
1-Year Est. Return 44.8%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+10.16%
1 Year Est. Return
+44.8%
3 Year Est. Return
+127.22%
5 Year Est. Return
+155.52%
10 Year Est. Return
+768.06%
AUM
$31.1B
AUM Growth
-$1.57B
Cap. Flow
-$3.75B
Cap. Flow %
-12.06%
Top 10 Hldgs %
21.71%
Holding
3,899
New
955
Increased
1,173
Reduced
1,073
Closed
642

Sector Composition

Rank Sector Weight
1 Energy 11.48%
2 Healthcare 8.5%
3 Consumer Discretionary 7.28%
4 Utilities 6.71%
5 Financials 6.44%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
CHTR icon
2276
PUT
Charter Communications
CHTR
$18.3B
$768K ﹤0.01%
+5,700
New +$723K
MOVE
2277
DELISTED
MOVE INC COM STK NEW (DE)
MOVE
$768K ﹤0.01%
45,251
+12,783
+39% +$185K
RLOC
2278
DELISTED
REACHLOCAL INC COM STK (DE)
RLOC
$765K ﹤0.01%
64,269
-5,590
-8% -$69.5K
QIHU
2279
CALL
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
$765K ﹤0.01%
+9,200
New +$646K
ADAM
2280
Adamas Trust
ADAM
$878M
$764K ﹤0.01%
30,595
+16,974
+125% +$427K
HK
2281
DELISTED
Halcon Resources Corporation
HK
$764K ﹤0.01%
1,000
+735
+277% +$670K
SNPS icon
2282
Synopsys
SNPS
$78.4B
$761K ﹤0.01%
20,178
-69,857
-78% -$2.59M
BRP
2283
DELISTED
BROOKFIELD RESIDENTIAL PROPERTIES INC
BRP
$760K ﹤0.01%
+33,029
New +$694K
OPLK
2284
DELISTED
OPLINK COMMUNICATIONS INC
OPLK
$752K ﹤0.01%
+39,966
New +$786K
CNQR
2285
CALL
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
$751K ﹤0.01%
6,800
+400
+6% +$38.9K
PCP
2286
PUT
DELISTED
PRECISION CASTPARTS CORP
PCP
$750K ﹤0.01%
+3,300
New +$745K
CONN
2287
DELISTED
Conn's Inc.
CONN
$749K ﹤0.01%
14,980
+6,828
+84% +$404K
LYG icon
2288
Lloyds Banking Group
LYG
$87.6B
$748K ﹤0.01%
+155,428
New +$701K
ARQ icon
2289
Arq
ARQ
$94.3M
$747K ﹤0.01%
34,976
-18,940
-35% -$390K
FXE icon
2290
Invesco CurrencyShares Euro Currency Trust
FXE
$360M
$746K ﹤0.01%
+5,577
New +$732K
MBI icon
2291
MBIA
MBI
$253M
$746K ﹤0.01%
72,935
-286,305
-80% -$3.6M
WDAY icon
2292
CALL
Workday
WDAY
$46.9B
$745K ﹤0.01%
+9,200
New +$670K
UN
2293
DELISTED
Unilever NV New York Registry Shares
UN
$743K ﹤0.01%
+19,698
New +$779K
HLIT icon
2294
Harmonic Inc
HLIT
$1.36B
$742K ﹤0.01%
96,634
-4,404
-4% -$32.6K
VOCS
2295
DELISTED
VOCUS INC
VOCS
$742K ﹤0.01%
79,654
-51,478
-39% -$522K
COLB icon
2296
Columbia Banking Systems
COLB
$8.72B
$741K ﹤0.01%
29,985
-3,603
-11% -$88.4K
RM icon
2297
Regional Management Corp
RM
$302M
$739K ﹤0.01%
+23,241
New +$659K
PDFS icon
2298
PDF Solutions
PDFS
$1.89B
$738K ﹤0.01%
+34,784
New +$715K
FBRC
2299
DELISTED
FBR & Co. Common Stock
FBRC
$738K ﹤0.01%
+27,519
New +$772K
WTW icon
2300
Willis Towers Watson
WTW
$32.1B
$737K ﹤0.01%
+6,423
New +$725K

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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 withdrew a net $3.75B in Q3 2013, closing 642 positions and reducing 1,073 holdings. Its most notable exit was BMC SOFTWARE, INC, an estimated $60.2M position sold in full.

By sector, the portfolio is most concentrated in Energy at 11% of assets, up from 9.4% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Israel Englander opened a new position in Johnson & Johnson worth $72.5M.

  • 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.