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 | |
|---|---|---|---|---|---|---|
|
NOR
2376
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
| $841K | ﹤0.01% |
36,518
-12,728
| -26% | -$238K |
|
2377
Safe Bulkers
SB
$886M
| $840K | ﹤0.01% |
80,772
-4,037
| -5% | -$32.1K |
|
2378
Opko Health
OPK
$1.11B
| $839K | ﹤0.01% |
99,438
-64,312
| -39% | -$650K |
|
|
SPLK
2379
CALL
DELISTED
Splunk Inc
SPLK
| $838K | ﹤0.01% |
+12,200
| New | +$791K |
|
|
CTT
2380
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $837K | ﹤0.01% |
+60,000
| New | +$818K |
|
|
LXFT
2381
DELISTED
Luxoft Holding, Inc.
LXFT
| $835K | ﹤0.01% |
+21,982
| New | +$718K |
|
2382
SPDR Gold Trust
GLD
$156B
| $833K | ﹤0.01% |
7,170
-55,248
| -89% | -$6.78M |
|
2383
Immersion
IMMR
$254M
| $833K | ﹤0.01% |
80,223
-66,670
| -45% | -$817K |
|
2384
VEON
VEON
$4.29B
| $833K | ﹤0.01% |
2,576
-7,401
| -74% | -$2.36M |
|
2385
Phillips 66
PSX
$94.5B
| $832K | ﹤0.01% |
10,787
-469,110
| -98% | -$31.3M |
|
2386
PUT
JPMorgan Chase
JPM
$948B
| $830K | ﹤0.01% |
14,200
-16,800
| -54% | -$920K |
|
|
NOAH
2387
Noah Holdings
NOAH
$602M
| $830K | ﹤0.01% |
46,086
+20,086
| +77% | +$393K |
|
|
MWV
2388
DELISTED
MEADWESTVACO CORP
MWV
| $829K | ﹤0.01% |
22,461
-383,426
| -94% | -$13.8M |
|
|
CIE
2389
CALL
DELISTED
Cobalt International Energy, Inc
CIE
| $827K | ﹤0.01% |
3,353
+1,073
| +47% | +$335K |
|
2390
Ennis
EBF
$543M
| $825K | ﹤0.01% |
46,603
+18,570
| +66% | +$331K |
|
|
ESPR
2391
DELISTED
Esperion Therapeutics
ESPR
| $824K | ﹤0.01% |
+60,000
| New | +$873K |
|
|
DEST
2392
DELISTED
Destination Maternity Corporation
DEST
| $824K | ﹤0.01% |
27,566
+10,607
| +63% | +$328K |
|
2393
Teradata
TDC
$2.55B
| $823K | ﹤0.01% |
18,100
-224,380
| -93% | -$10.2M |
|
|
WUBA
2394
DELISTED
58.com Inc
WUBA
| $821K | ﹤0.01% |
+21,424
| New | +$680K |
|
|
TGNA
2395
CALL
DELISTED
TEGNA Inc
TGNA
| $819K | ﹤0.01% |
52,950
-22,174
| -30% | -$313K |
|
|
ANDV
2396
CALL
DELISTED
Andeavor
ANDV
| $819K | ﹤0.01% |
14,000
+8,900
| +175% | +$463K |
|
|
CAS
2397
DELISTED
A M Castle & Co
CAS
| $819K | ﹤0.01% |
55,457
+19,686
| +55% | +$286K |
|
2398
PUT
Ameriprise Financial
AMP
$49.5B
| $817K | ﹤0.01% |
+7,100
| New | +$733K |
|
|
WCG
2399
CALL
DELISTED
Wellcare Health Plans, Inc.
WCG
| $817K | ﹤0.01% |
11,600
-114,100
| -91% | -$7.96M |
|
|
PATH
2400
DELISTED
NUPATHE INC COM STK
PATH
| $817K | ﹤0.01% |
250,000
-100,000
| -29% | -$223K |
|
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.