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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
PKT
2351
DELISTED
PROCERA NETWORKS INC NEW COM STK (DE)
PKT
$676K ﹤0.01%
+43,612
New +$618K
FELE icon
2352
Franklin Electric
FELE
$4.5B
$674K ﹤0.01%
+17,117
New +$645K
RALY
2353
DELISTED
RALLY SOFTWARE DEV CORP
RALY
$673K ﹤0.01%
+22,452
New +$619K
CERS icon
2354
Cerus
CERS
$548M
$672K ﹤0.01%
+100,000
New +$543K
DECK icon
2355
PUT
Deckers Outdoor
DECK
$12.1B
$672K ﹤0.01%
+61,200
New +$594K
FNGN
2356
DELISTED
Financial Engines, Inc.
FNGN
$672K ﹤0.01%
+11,313
New +$602K
BIG
2357
PUT
DELISTED
Big Lots, Inc.
BIG
$671K ﹤0.01%
+18,100
New +$640K
INVN
2358
PUT
DELISTED
Invensense Inc
INVN
$670K ﹤0.01%
+38,000
New +$642K
TREX icon
2359
Trex
TREX
$4.77B
$669K ﹤0.01%
+108,104
New +$629K
CNC icon
2360
PUT
Centene
CNC
$32.1B
$665K ﹤0.01%
+41,600
New +$599K
LNKD
2361
PUT
DELISTED
LinkedIn Corporation
LNKD
$664K ﹤0.01%
2,700
+700
+35% +$158K
PAY
2362
PUT
DELISTED
Verifone Systems Inc
PAY
$663K ﹤0.01%
29,000
-15,900
-35% -$317K
SON icon
2363
Sonoco
SON
$5.72B
$662K ﹤0.01%
16,990
-62,687
-79% -$2.38M
AIT icon
2364
Applied Industrial Technologies
AIT
$12.3B
$657K ﹤0.01%
12,752
+5,193
+69% +$263K
RST
2365
DELISTED
ROSETTA STONE INC
RST
$656K ﹤0.01%
40,412
-24,520
-38% -$392K
BRSL
2366
PUT
Brightstar Lottery PLC
BRSL
$2.12B
$655K ﹤0.01%
34,600
+3,000
+9% +$57.2K
GWW icon
2367
PUT
W.W. Grainger
GWW
$61.3B
$654K ﹤0.01%
+2,500
New +$651K
SU icon
2368
Suncor Energy
SU
$76.4B
$653K ﹤0.01%
18,247
-49,164
-73% -$1.64M
EWZ icon
2369
iShares MSCI Brazil ETF
EWZ
$8.23B
$652K ﹤0.01%
13,600
-79,099
-85% -$3.52M
MOG.A icon
2370
Moog Inc Class A
MOG.A
$11.9B
$650K ﹤0.01%
11,077
-3,523
-24% -$195K
ININ
2371
DELISTED
Interactive Intelligence Group, inc.
ININ
$649K ﹤0.01%
+10,226
New +$601K
BRKL
2372
DELISTED
Brookline Bancorp
BRKL
$648K ﹤0.01%
68,951
+10,075
+17% +$95.1K
KBIO
2373
DELISTED
KALOBIOS PHARMACEUTICALS INC COM STK NEW (DE)
KBIO
$648K ﹤0.01%
+17,925
New +$816K
SGI
2374
DELISTED
Silicon Graphics Intl.
SGI
$647K ﹤0.01%
39,819
-243,580
-86% -$3.93M
NM
2375
DELISTED
Navios Maritime Holdings Inc.
NM
$644K ﹤0.01%
+9,041
New +$562K

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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.