Israel Englander’s Millennium Management Loves These Stocks

In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year. In its latest 13F, Millennium Management LLC, run by Israel Englander, revealed its holdings for the end of the fourth quarter of 2013.

The total value of Millennium Management’s equity portfolio rose to $31.69 billion in the fourth quarter, from $31.05 billion disclosed for the third quarter. In this article, we will talk about Israel Englander’s top five holdings in terms of value that his fund held in its equity portfolio at the end of last year.

MILLENNIUM MANAGEMENT

The first one is PPL Corporation (NYSE:PPL), in which the fund disclosed 9.12 million shares, with a reported value of around $274.41 million. PPL Corp (NYSE:PPL) is an energy and utility holding company. The fund previously held 8.02 million shares of the company, worth $243.72 million. Earlier this month PPL Corp (NYSE:PPL) reported financial results for the fourth quarter of 2013, posting a net loss of $0.16 per share.

The second position is held by NextEra Energy, Inc. (NYSE:NEE). Millennium Management, revealed holding 3.20 million shares of NextEra Energy, Inc (NYSE:NEE), with a total value of approximately $273.87 million. At the end of the third quarter, the fund held 1.76 million shares. The Unites States based company is an electric power company.

The next on the list is American Electric Power Company Inc (NYSE:AEP), in which the fund now owns around 5.30 million shares, worth $247.93 million. Previously, the fund held 4.44 million shares of American Electric Power Co Inc (NYSE:AEP), with a total value of $192.41 million. The Ohio based company, as its name suggests, is a utility holding company.

CMS Energy Corporation (NYSE:CMS) is in the fourth slot, with Millennium Management increasing the holding to 7.91 million shares in the fourth quarter, compared to 7.11 million shares held previously. The value of the holding rose to $211.74 million from 187.12 million. CMS Energy Corporation (NYSE:CMS) is an energy company primarily operating in Michigan.

Last on the list of top five holdings of Israel Englander’s Millennium Management was the technology giant Google Inc (NASADAQ:GOOG). Millennium Management reported ownership of 162,600 shares, worth $182.20 million. This is a significant increase compared to 90,902 shares, worth $79.62 million revealed as at the end of the third quarter. Recently, the internet company created a buzz, when it surpassed the largest company in the world, Exxon Mobil Corporation (NYSE:XOM), in terms of market capitalization.

Disclosure: none

Recommended Reading:

Viking Global Top Picks From the Latest 13F

Billionaire David Einhorn is Betting on Apple and Micron Technology Among Others

Jeffrey Smith Sends Another Letter to Wausau Paper Corp. (WPP)

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!