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 | Miscellaneous | 51.24% |
| 2 | Technology | 9.52% |
| 3 | Healthcare | 7.46% |
| 4 | Financials | 6.74% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3126
PUT
Pultegroup
PHM
$24.5B
| $4.1M | ﹤0.01% |
35,000
-13,200
| -27% | -$1.62M |
|
3127
PUT
Aflac
AFL
$58.4B
| $4.1M | ﹤0.01% |
37,200
-218,300
| -85% | -$24M |
|
3128
Chesapeake Utilities
CPK
$3.2B
| $4.1M | ﹤0.01% |
+32,879
| New | +$4.34M |
|
3129
Fractyl Health
GUTS
$105M
| $4.1M | ﹤0.01% |
1,861,418
+1,453,751
| +357% | +$2.34M |
|
3130
PUT
ResMed
RMD
$34.7B
| $4.09M | ﹤0.01% |
17,000
-46,800
| -73% | -$12M |
|
|
JENA
3131
Jena Acquisition Corp II
JENA
$303M
| $4.09M | ﹤0.01% |
402,500
+215,497
| +115% | +$2.2M |
|
3132
PUT
The Mosaic Company
MOS
$7.5B
| $4.09M | ﹤0.01% |
169,900
-105,700
| -38% | -$2.85M |
|
3133
CALL
Bilibili
BILI
$6.95B
| $4.09M | ﹤0.01% |
166,300
-71,100
| -30% | -$1.91M |
|
3134
PUT
Eastman Chemical
EMN
$8.35B
| $4.09M | ﹤0.01% |
64,000
+60,600
| +1,782% | +$3.73M |
|
3135
Claros Mortgage Trust
CMTG
$229M
| $4.08M | ﹤0.01% |
1,333,701
-50,171
| -4% | -$164K |
|
3136
CALL
C3.ai
AI
$1.64B
| $4.08M | ﹤0.01% |
302,300
+82,500
| +38% | +$1.32M |
|
3137
Invesco Mortgage Capital
IVR
$792M
| $4.07M | ﹤0.01% |
483,795
-1,039,600
| -68% | -$8.15M |
|
|
GTM
3138
CALL
ZoomInfo Technologies
GTM
$1.22B
| $4.07M | ﹤0.01% |
400,000
+148,800
| +59% | +$1.53M |
|
|
JCAP
3139
Jefferson Capital
JCAP
$1.21B
| $4.06M | ﹤0.01% |
181,929
+152,223
| +512% | +$3.08M |
|
3140
Madrigal Pharmaceuticals
MDGL
$12.3B
| $4.06M | ﹤0.01% |
6,978
+5,180
| +288% | +$2.65M |
|
3141
PUT
Travelers Companies
TRV
$77.2B
| $4.06M | ﹤0.01% |
14,000
+6,400
| +84% | +$1.8M |
|
3142
CALL
Equinix
EQIX
$103B
| $4.06M | ﹤0.01% |
5,300
+400
| +8% | +$314K |
|
3143
PUT
J.M. Smucker
SJM
$14.1B
| $4.06M | ﹤0.01% |
41,500
-22,400
| -35% | -$2.32M |
|
3144
Real REMAX Group Inc. Common Stock
REAX
$460M
| $4.06M | ﹤0.01% |
111,120
-96,888
| -47% | -$3.75M |
|
3145
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.78B
| $4.05M | ﹤0.01% |
32,091
+19,501
| +155% | +$2.53M |
|
3146
CALL
Vale
VALE
$64B
| $4.04M | ﹤0.01% |
310,300
-34,100
| -10% | -$414K |
|
3147
Rezolute
RZLT
$445M
| $4.04M | ﹤0.01% |
1,711,194
+1,531,922
| +855% | +$12M |
|
|
DHIL
3148
DELISTED
Diamond Hill
DHIL
| $4.03M | ﹤0.01% |
23,795
-15,402
| -39% | -$2.13M |
|
|
OBA
3149
Oxley Bridge Acquisition Ltd
OBA
| $4.03M | ﹤0.01% |
400,000
| – | – |
|
3150
Orrstown Financial Services
ORRF
$825M
| $4.03M | ﹤0.01% |
113,812
+90,792
| +394% | +$3.17M |
|
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 Miscellaneous at 51% of assets, down from 53% a quarter earlier, followed by Technology and Healthcare.
- 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.