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 |
Applovin
APP
|
+$751M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$692M |
| 3 |
Palantir
PLTR
|
+$434M |
| 4 |
Union Pacific
UNP
|
+$377M |
| 5 |
AbbVie
ABBV
|
+$367M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.74B |
| 2 |
Meta Platforms (Facebook)
META
|
+$602M |
| 3 |
Bank of America
BAC
|
+$600M |
| 4 |
Wells Fargo
WFC
|
+$568M |
| 5 |
Broadcom
AVGO
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 52.35% |
| 2 | Technology | 8.73% |
| 3 | Financials | 7.42% |
| 4 | Healthcare | 6.65% |
| 5 | Industrials | 6.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2601
MINISO
MNSO
$3.03B
| $6.62M | ﹤0.01% |
363,340
+244,990
| +207% | +$4.4M |
|
|
SPTN
2602
DELISTED
SpartanNash
SPTN
| $6.62M | ﹤0.01% |
249,876
-265,560
| -52% | -$5.31M |
|
2603
Belden
BDC
$4.61B
| $6.61M | ﹤0.01% |
57,101
-21,764
| -28% | -$2.29M |
|
2604
Hilton Grand Vacations
HGV
$3.43B
| $6.61M | ﹤0.01% |
+159,196
| New | +$6.01M |
|
2605
Exelon
EXC
$45.7B
| $6.61M | ﹤0.01% |
152,168
-3,107,716
| -95% | -$138M |
|
2606
McEwen Inc
MUX
$1.3B
| $6.6M | ﹤0.01% |
686,791
+580,837
| +548% | +$4.73M |
|
2607
Morgan Stanley Direct Lending Fund
MSDL
$1.29B
| $6.6M | ﹤0.01% |
352,531
+153,847
| +77% | +$2.97M |
|
2608
Pilgrim's Pride
PPC
$7.46B
| $6.59M | ﹤0.01% |
146,620
-196,154
| -57% | -$9.62M |
|
2609
CALL
Nextpower Inc. Common Stock
NXT
$13.3B
| $6.59M | ﹤0.01% |
121,200
+114,300
| +1,657% | +$5.73M |
|
|
PSTL
2610
Postal Realty Trust
PSTL
$717M
| $6.59M | ﹤0.01% |
447,278
+68,761
| +18% | +$943K |
|
2611
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.79B
| $6.59M | ﹤0.01% |
150,000
-400,000
| -73% | -$17M |
|
2612
IDT Corp
IDT
$1.73B
| $6.56M | ﹤0.01% |
95,982
-67,848
| -41% | -$3.89M |
|
|
B
2613
CALL
Barrick Mining
B
$76.6B
| $6.54M | ﹤0.01% |
314,300
-259,200
| -45% | -$5.07M |
|
2614
CALL
Nucor
NUE
$56.4B
| $6.54M | ﹤0.01% |
50,500
-723,300
| -93% | -$84.5M |
|
|
LWACU
2615
LightWave Acquisition Corp Units
LWACU
| $6.54M | ﹤0.01% |
+650,000
| New | +$6.53M |
|
2616
PUT
Agilent Technologies
A
$43.7B
| $6.53M | ﹤0.01% |
55,300
-14,500
| -21% | -$1.61M |
|
2617
Third Coast Bancshares
TCBX
$750M
| $6.53M | ﹤0.01% |
199,743
+22,222
| +13% | +$678K |
|
2618
PUT
Steel Dynamics
STLD
$33.3B
| $6.52M | ﹤0.01% |
50,900
-8,400
| -14% | -$1.07M |
|
2619
CALL
Celsius Holdings
CELH
$8.31B
| $6.5M | ﹤0.01% |
140,200
-473,700
| -77% | -$18.2M |
|
2620
Seadrill
SDRL
$2.99B
| $6.48M | ﹤0.01% |
246,821
-157,982
| -39% | -$3.73M |
|
2621
CALL
Norfolk Southern
NSC
$78B
| $6.48M | ﹤0.01% |
25,300
+4,900
| +24% | +$1.16M |
|
2622
CALL
Diamondback Energy
FANG
$55.3B
| $6.47M | ﹤0.01% |
47,100
+7,700
| +20% | +$1.07M |
|
2623
Relay Therapeutics
RLAY
$4.15B
| $6.47M | ﹤0.01% |
1,870,362
-1,072,513
| -36% | -$3.19M |
|
2624
Telkom Indonesia
TLK
$14.4B
| $6.46M | ﹤0.01% |
381,548
-87,103
| -19% | -$1.4M |
|
2625
PUT
Albemarle
ALB
$16.2B
| $6.46M | ﹤0.01% |
103,000
-93,500
| -48% | -$5.53M |
|
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Israel Englander's Q2 2025 Portfolio in Review
As of Q2 2025, Israel Englander held 6,516 positions worth $207B, up 10% from $188B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander's Q2 2025 filing shows 738 new, 2,295 increased, 2,418 reduced and 712 closed positions. Its largest new stake was Bank of America Series L: 164,000 shares worth $197K. The largest sale was iShares Core S&P 500 ETF, an estimated $1.74B.
By sector, the portfolio is most concentrated in Miscellaneous at 52% of assets, up from 52% a quarter earlier, followed by Technology and Financials.
- Israel Englander's largest Q2 2025 buy was Bank of America Series L: 164,000 shares worth $197K.
- Israel Englander added most to Applovin in Q2 2025, an estimated $751M increase.
- Israel Englander's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.74B.
- Israel Englander fully exited Discover Financial Services in Q2 2025, selling an estimated $282M.
- Israel Englander's ten largest holdings make up 16% of its $207B portfolio in Q2 2025.
- Israel Englander opened 738 new positions and closed 712 in Q2 2025.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $207B.
Based on Millennium Management's 13F filing for Q2 2025, filed 14 Aug 2025.