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 |
NRG Energy
NRG
|
+$151M |
| 2 |
BHI
Baker Hughes
BHI
|
+$149M |
| 3 |
PPL
PPL Corp
PPL
|
+$144M |
| 4 |
Duke Energy
DUK
|
+$140M |
| 5 |
NextEra Energy
NEE
|
+$140M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 9.38% |
| 2 | Healthcare | 6.72% |
| 3 | Financials | 6.52% |
| 4 | Consumer Discretionary | 6.5% |
| 5 | Utilities | 5.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $9.38B | 28.76% |
+58,493,000
| New | +$9.42B |
|
2
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $168M | 0.51% |
+4,362,700
| New | +$181M |
|
|
3
NRG Energy
NRG
$23.8B
| $150M | 0.46% |
+5,629,282
| New | +$151M |
|
|
BHI
4
DELISTED
Baker Hughes
BHI
| $150M | 0.46% |
+3,257,051
| New | +$149M |
|
|
5
NextEra Energy
NEE
$174B
| $144M | 0.44% |
+7,056,772
| New | +$140M |
|
|
PPL
6
PPL Corp
PPL
$25.9B
| $141M | 0.43% |
+4,991,521
| New | +$144M |
|
|
7
Duke Energy
DUK
$93.4B
| $134M | 0.41% |
+1,984,848
| New | +$140M |
|
|
PXD
8
DELISTED
Pioneer Natural Resource Co.
PXD
| $128M | 0.39% |
+887,548
| New | +$118M |
|
|
GPOR
9
DELISTED
Gulfport Energy Corp.
GPOR
| $120M | 0.37% |
+2,552,193
| New | +$125M |
|
|
APC
10
DELISTED
Anadarko Petroleum
APC
| $113M | 0.35% |
+1,319,414
| New | +$114M |
|
11
CALL
ExxonMobil
XOM
$679B
| $111M | 0.34% |
+1,226,000
| New | +$110M |
|
12
Cheniere Energy
LNG
$57.3B
| $109M | 0.33% |
+3,929,124
| New | +$110M |
|
13
Starwood Property Trust
STWD
$6.06B
| $106M | 0.33% |
+5,331,869
| New | +$114M |
|
14
EQT Corp
EQT
$33.6B
| $106M | 0.33% |
+2,459,677
| New | +$101M |
|
15
Comcast
CMCSA
$95.3B
| $99.7M | 0.31% |
+4,777,104
| New | +$98.7M |
|
16
Ameren
AEE
$29.4B
| $99.4M | 0.3% |
+2,886,846
| New | +$101M |
|
17
Conagra Brands
CAG
$7.89B
| $98.5M | 0.3% |
+3,623,476
| New | +$98M |
|
|
DFS
18
DELISTED
Discover Financial Services
DFS
| $97.9M | 0.3% |
+2,054,441
| New | +$94.3M |
|
19
CALL
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $95.9M | 0.29% |
+2,450,800
| New | +$97.1M |
|
20
Sempra
SRE
$54.2B
| $93.8M | 0.29% |
+2,294,728
| New | +$93.5M |
|
21
CMS Energy
CMS
$21.4B
| $91.7M | 0.28% |
+3,376,852
| New | +$94.8M |
|
22
Las Vegas Sands
LVS
$30.5B
| $89.9M | 0.28% |
+1,699,244
| New | +$95M |
|
|
SE
23
DELISTED
Spectra Energy Corp Wi
SE
| $89M | 0.27% |
+2,583,553
| New | +$81.3M |
|
24
EOG Resources
EOG
$80.3B
| $88.7M | 0.27% |
+1,346,626
| New | +$86.3M |
|
25
Philip Morris
PM
$293B
| $86.5M | 0.27% |
+998,656
| New | +$92.8M |
|
Similar funds
Israel Englander's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Israel Englander, which disclosed 2,944 positions worth $32.6B. Its ten largest holdings account for 33% of the portfolio.
Its largest position is NRG Energy: 5,629,282 shares worth $150M.
By sector, the portfolio is most concentrated in Energy at 9.4% of assets, followed by Healthcare and Financials.
- Israel Englander's largest Q2 2013 buy was NRG Energy: 5,629,282 shares worth $150M.
- Israel Englander's ten largest holdings make up 33% of its $32.6B portfolio in Q2 2013.
- Israel Englander disclosed 2,944 positions in Q2 2013, its first 13F filing on record.
Based on Millennium Management's 13F filing for Q2 2013, filed 14 Aug 2013.