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)

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

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 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!