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 | |
|---|---|---|---|---|---|---|
3176
Cedar Fair
FUN
$1.66B
| $3.95M | ﹤0.01% |
257,317
-191,365
| -43% | -$3.46M |
|
|
ZEUS
3177
DELISTED
Olympic Steel
ZEUS
| $3.94M | ﹤0.01% |
92,021
+56,353
| +158% | +$2.01M |
|
3178
CALL
Kohl's
KSS
$1.98B
| $3.94M | ﹤0.01% |
192,900
-99,600
| -34% | -$1.87M |
|
3179
PUT
FTAI Aviation
FTAI
$20B
| $3.94M | ﹤0.01% |
20,000
-9,100
| -31% | -$1.55M |
|
3180
Varex Imaging
VREX
$780M
| $3.93M | ﹤0.01% |
337,017
-576,152
| -63% | -$6.75M |
|
|
NP
3181
Neptune Insurance Holdings
NP
$4.65B
| $3.92M | ﹤0.01% |
+134,396
| New | +$3.54M |
|
3182
Tootsie Roll Industries
TR
$3.1B
| $3.91M | ﹤0.01% |
109,931
-228,242
| -67% | -$8.65M |
|
3183
CALL
Brown-Forman Class B
BF.B
$12.5B
| $3.91M | ﹤0.01% |
+150,000
| New | +$4.22M |
|
3184
California Water Service
CWT
$3.12B
| $3.91M | ﹤0.01% |
90,157
-277,917
| -76% | -$12.7M |
|
3185
GCM Grosvenor
GCMG
$839M
| $3.9M | ﹤0.01% |
344,763
-945,459
| -73% | -$10.8M |
|
3186
Rush Enterprises Class B
RUSHB
$8.34B
| $3.9M | ﹤0.01% |
69,340
-11,777
| -15% | -$643K |
|
|
BACC
3187
Blue Acquisition Corp
BACC
$293M
| $3.9M | ﹤0.01% |
381,638
-58,362
| -13% | -$593K |
|
3188
Incyte
INCY
$25.2B
| $3.89M | ﹤0.01% |
39,389
-1,229
| -3% | -$119K |
|
3189
PUT
Five Below
FIVE
$13.4B
| $3.88M | ﹤0.01% |
20,600
+2,200
| +12% | +$358K |
|
3190
PUT
Agilent Technologies
A
$43.4B
| $3.88M | ﹤0.01% |
28,500
+16,700
| +142% | +$2.4M |
|
3191
Limbach Holdings
LMB
$493M
| $3.87M | ﹤0.01% |
49,758
+4,455
| +10% | +$367K |
|
3192
NIO
NIO
$10.9B
| $3.87M | ﹤0.01% |
758,339
+468,945
| +162% | +$2.89M |
|
3193
Perspective Therapeutics
CATX
$355M
| $3.87M | ﹤0.01% |
1,406,374
-1,154,738
| -45% | -$3.29M |
|
3194
Asbury Automotive
ABG
$3.8B
| $3.87M | ﹤0.01% |
16,623
+6,957
| +72% | +$1.64M |
|
3195
CALL
Hershey
HSY
$36B
| $3.86M | ﹤0.01% |
21,200
+5,600
| +36% | +$1.02M |
|
3196
PUT
Nutrien
NTR
$35.1B
| $3.86M | ﹤0.01% |
+62,500
| New | +$3.68M |
|
3197
PUT
Williams Companies
WMB
$90.2B
| $3.85M | ﹤0.01% |
64,100
+38,200
| +147% | +$2.31M |
|
3198
PUT
Cenovus Energy
CVE
$58.2B
| $3.84M | ﹤0.01% |
227,100
-3,500
| -2% | -$60.8K |
|
3199
Context Therapeutics
CNTX
$35.3M
| $3.82M | ﹤0.01% |
+2,601,216
| New | +$3.04M |
|
3200
Signet Jewelers
SIG
$3.21B
| $3.82M | ﹤0.01% |
46,079
-23,991
| -34% | -$2.28M |
|
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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.