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 |
iShares Core S&P 500 ETF
IVV
|
+$4.75B |
| 2 |
Walmart Inc
WMT
|
+$3.98B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.42B |
| 4 |
Broadcom
AVGO
|
+$943M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$785M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$572M |
| 2 |
NVIDIA
NVDA
|
+$566M |
| 3 |
Apple
AAPL
|
+$554M |
| 4 |
AbbVie
ABBV
|
+$455M |
| 5 |
Bank of America
BAC
|
+$411M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.52% |
| 2 | Healthcare | 7.46% |
| 3 | Financials | 6.74% |
| 4 | Industrials | 6.13% |
| 5 | Consumer Discretionary | 4.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
CALL
Qualcomm
QCOM
$169B
| $150M | 0.06% |
879,700
+314,800
| +56% | +$54M |
|
277
Gartner
IT
$12.4B
| $150M | 0.06% |
595,567
+585,775
| +5,982% | +$141M |
|
278
CALL
Lam Research
LRCX
$393B
| $149M | 0.06% |
872,000
+5,400
| +0.6% | +$840K |
|
279
PUT
IBM
IBM
$222B
| $149M | 0.06% |
502,100
-244,900
| -33% | -$73.3M |
|
280
CALL
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $148M | 0.06% |
1,029,400
+44,800
| +5% | +$6.47M |
|
281
CALL
Johnson & Johnson
JNJ
$651B
| $147M | 0.06% |
712,400
+4,700
| +0.7% | +$929K |
|
282
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$46.3B
| $147M | 0.06% |
1,687,900
-401,900
| -19% | -$35.9M |
|
283
iShares Russell 2000 ETF
IWM
$81.9B
| $147M | 0.06% |
596,431
-276,660
| -32% | -$68M |
|
284
PUT
Morgan Stanley
MS
$336B
| $147M | 0.06% |
826,400
-1,411,000
| -63% | -$235M |
|
285
iRhythm Holdings
IRTC
$4.24B
| $147M | 0.06% |
826,376
+548,519
| +197% | +$97.2M |
|
286
CALL
Salesforce
CRM
$171B
| $146M | 0.06% |
552,000
+94,600
| +21% | +$23.5M |
|
287
PUT
PayPal
PYPL
$52.7B
| $146M | 0.06% |
2,504,000
-873,600
| -26% | -$56.7M |
|
288
Brinker International
EAT
$10.6B
| $145M | 0.06% |
1,012,513
+455,706
| +82% | +$59.7M |
|
289
Burlington
BURL
$20.6B
| $144M | 0.06% |
500,089
+398,351
| +392% | +$108M |
|
290
Performance Food Group
PFGC
$16.5B
| $143M | 0.06% |
1,590,485
+272,220
| +21% | +$26.3M |
|
291
Republic Services
RSG
$67.6B
| $142M | 0.06% |
672,127
+624,887
| +1,323% | +$134M |
|
292
PUT
Citigroup
C
$221B
| $142M | 0.06% |
1,215,200
-1,315,700
| -52% | -$137M |
|
293
PUT
General Motors
GM
$77.2B
| $142M | 0.06% |
1,743,600
+43,600
| +3% | +$3.07M |
|
294
MongoDB
MDB
$34.7B
| $141M | 0.06% |
337,021
-75,635
| -18% | -$27.5M |
|
295
PUT
Goldman Sachs
GS
$303B
| $139M | 0.06% |
157,900
-358,800
| -69% | -$293M |
|
296
PUT
Valero Energy
VLO
$100B
| $138M | 0.06% |
847,900
-60,600
| -7% | -$10.3M |
|
297
Braze
BRZE
$3.5B
| $138M | 0.06% |
4,012,030
+529,688
| +15% | +$15.7M |
|
298
Lockheed Martin
LMT
$130B
| $137M | 0.06% |
283,694
-212,663
| -43% | -$102M |
|
299
Roku
ROKU
$23.4B
| $136M | 0.06% |
1,257,964
+855,668
| +213% | +$86.8M |
|
300
PUT
ServiceNow
NOW
$133B
| $136M | 0.06% |
886,700
-187,300
| -17% | -$32.1M |
|
Similar funds
Israel Englander's Q4 2025 Portfolio in Review
As of Q4 2025, Israel Englander held 6,645 positions worth $238B, up 1.5% from $234B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Israel Englander's Q4 2025 filing shows 668 new, 2,203 increased, 2,701 reduced and 696 closed positions. Its largest new stake was iShares Russell 1000 ETF: 455,129 shares worth $170M. The largest sale was Microsoft, an estimated $572M.
By sector, the portfolio is most concentrated in Technology at 9.5% of assets, up from 9.3% a quarter earlier, followed by Healthcare and Financials.
- Israel Englander's largest Q4 2025 buy was iShares Russell 1000 ETF: 455,129 shares worth $170M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q4 2025, an estimated $4.75B increase.
- Israel Englander's biggest Q4 2025 reduction was Microsoft, cutting an estimated $572M.
- Israel Englander fully exited Mr. Cooper in Q4 2025, selling an estimated $277M.
- Israel Englander's ten largest holdings make up 19% of its $238B portfolio in Q4 2025.
- Israel Englander opened 668 new positions and closed 696 in Q4 2025.
- Israel Englander's portfolio value rose 1.5% quarter-over-quarter to $238B.
Based on Millennium Management's 13F filing for Q4 2025, filed 17 Feb 2026.