Izzy Englander's $35 billion hedge fund made a big million bet on Target
AP
The New York-based firm invested $175 million in the retailer in the fourth quarter of last year. It was the biggest new bet the fund made in the fourth quarter.
That info is based on a Bloomberg analysis of a regulatory filing that the $35 billion investment firm submitted on February 14.
The quarterly filing, called a 13F, lists the long stock positions of investment firms. The positions are current as of 45 days prior, so it is possible that Millennium has since changed its positions.
Millennium manages about $34.8 billion, with more than 2,100 employees working across the US, Europe, and Asia, according to the firm's website.
The firm has also just made a big hire for equity chief, bringing on Peter Santoro, Morgan Stanley's global head of stock trading, Business Insider earlier reported.
Next Story
I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
Why are so many elite coaches moving to Western countries?
Global GDP to face a 19% decline by 2050 due to climate change, study projects
5 things to keep in mind before taking a personal loan
Markets face heavy fluctuations; settle lower taking downtrend to 4th day
Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’
