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 | |
|---|---|---|---|---|---|---|
|
HOUS
2401
DELISTED
Anywhere Real Estate
HOUS
| $816K | ﹤0.01% |
16,500
-249,916
| -94% | -$11.3M |
|
|
HSTO
2402
DELISTED
Histogen Inc. Common Stock
HSTO
| $815K | ﹤0.01% |
632
-193
| -23% | -$308K |
|
|
EE
2403
DELISTED
El Paso Electric Company
EE
| $815K | ﹤0.01% |
23,199
-4,492
| -16% | -$156K |
|
2404
Materion
MTRN
$4.84B
| $814K | ﹤0.01% |
26,392
+16,443
| +165% | +$477K |
|
2405
Star Bulk Carriers
SBLK
$3.47B
| $814K | ﹤0.01% |
12,208
+6,540
| +115% | +$299K |
|
2406
LeMaitre Vascular
LMAT
$1.81B
| $813K | ﹤0.01% |
+101,493
| New | +$785K |
|
2407
PUT
AutoZone
AZO
$49.4B
| $812K | ﹤0.01% |
+1,700
| New | +$763K |
|
2408
PUT
Motorola Solutions
MSI
$80.3B
| $810K | ﹤0.01% |
+12,000
| New | +$765K |
|
2409
Stoneridge
SRI
$205M
| $810K | ﹤0.01% |
63,521
-74,425
| -54% | -$923K |
|
2410
Rexford Industrial Realty
REXR
$8.39B
| $809K | ﹤0.01% |
61,263
-72,317
| -54% | -$981K |
|
2411
TD Synnex
SNX
$20.1B
| $807K | ﹤0.01% |
23,944
-157,176
| -87% | -$5M |
|
2412
Barings BDC
BBDC
$989M
| $806K | ﹤0.01% |
+29,143
| New | +$845K |
|
|
RENX
2413
DELISTED
RELX N.V.
RENX
| $806K | ﹤0.01% |
58,053
+34,068
| +142% | +$456K |
|
|
ENOC
2414
DELISTED
EnerNOC, Inc.
ENOC
| $805K | ﹤0.01% |
+46,762
| New | +$771K |
|
2415
PUT
Cracker Barrel
CBRL
$1.3B
| $804K | ﹤0.01% |
+7,300
| New | +$792K |
|
|
NP
2416
DELISTED
Neenah, Inc. Common Stock
NP
| $804K | ﹤0.01% |
18,793
-7,314
| -28% | -$300K |
|
|
CTCM
2417
DELISTED
CTC MEDIA INC COM STK
CTCM
| $803K | ﹤0.01% |
57,768
-355,495
| -86% | -$4.4M |
|
2418
General Dynamics
GD
$102B
| $801K | ﹤0.01% |
8,380
-4,624
| -36% | -$413K |
|
2419
PLDT
PHI
$4.22B
| $800K | ﹤0.01% |
+13,321
| New | +$849K |
|
|
CYBX
2420
CALL
DELISTED
CYBERONICS INC
CYBX
| $798K | ﹤0.01% |
+12,200
| New | +$740K |
|
|
PPLI
2421
PUT
People Inc
PPLI
$2.94B
| $796K | ﹤0.01% |
64,907
+40,287
| +164% | +$415K |
|
|
KBAL
2422
DELISTED
Kimball International
KBAL
| $796K | ﹤0.01% |
67,810
+30,633
| +82% | +$307K |
|
|
IPCC
2423
DELISTED
Infinity Property & Casualty C
IPCC
| $796K | ﹤0.01% |
+11,100
| New | +$759K |
|
2424
CALL
Altisource Portfolio Solutions
ASPS
$62.6M
| $793K | ﹤0.01% |
+625
| New | +$754K |
|
2425
PUT
HCA Healthcare
HCA
$92.8B
| $792K | ﹤0.01% |
16,600
-8,100
| -33% | -$374K |
|
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.