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 | |
|---|---|---|---|---|---|---|
3201
Lazard
LAZ
$4.25B
| $3.82M | ﹤0.01% |
78,642
-44,566
| -36% | -$2.22M |
|
|
BFS
3202
Saul Centers
BFS
$822M
| $3.81M | ﹤0.01% |
120,707
+7,116
| +6% | +$219K |
|
3203
Karooooo
KARO
$2.08B
| $3.8M | ﹤0.01% |
83,617
-57,708
| -41% | -$2.7M |
|
|
CEPV
3204
Cantor Equity Partners V
CEPV
| $3.8M | ﹤0.01% |
+371,131
| New | +$3.81M |
|
|
XZO
3205
Exzeo Group
XZO
$1.52B
| $3.8M | ﹤0.01% |
+156,641
| New | +$2.98M |
|
3206
CG Oncology
CGON
$6.59B
| $3.8M | ﹤0.01% |
91,454
-161,722
| -64% | -$6.69M |
|
3207
CALL
Johnson Controls International
JCI
$84.6B
| $3.8M | ﹤0.01% |
31,700
-49,900
| -61% | -$5.73M |
|
3208
Power Integrations
POWI
$2.88B
| $3.79M | ﹤0.01% |
106,559
-41,706
| -28% | -$1.58M |
|
3209
Veracyte
VCYT
$3.48B
| $3.78M | ﹤0.01% |
89,879
+78,011
| +657% | +$3.14M |
|
3210
Corsair Gaming
CRSR
$1.3B
| $3.78M | ﹤0.01% |
635,798
+530,914
| +506% | +$3.69M |
|
3211
CALL
Spotify
SPOT
$113B
| $3.77M | ﹤0.01% |
6,500
-3,300
| -34% | -$2.06M |
|
|
BOW
3212
Bowhead Specialty Holdings
BOW
$1.11B
| $3.77M | ﹤0.01% |
132,250
-327,924
| -71% | -$8.7M |
|
3213
CALL
Bath & Body Works
BBWI
$3.88B
| $3.77M | ﹤0.01% |
187,800
+152,700
| +435% | +$3.37M |
|
3214
KB Financial Group
KB
$43.6B
| $3.77M | ﹤0.01% |
43,796
-19,398
| -31% | -$1.63M |
|
3215
CALL
The Mosaic Company
MOS
$7.5B
| $3.77M | ﹤0.01% |
156,300
+128,200
| +456% | +$3.45M |
|
|
JBGS
3216
JBG SMITH
JBGS
$708M
| $3.76M | ﹤0.01% |
221,320
-314,176
| -59% | -$5.94M |
|
3217
iShare MSCI Eurozone ETF
EZU
$9.87B
| $3.76M | ﹤0.01% |
+58,718
| New | +$3.68M |
|
3218
Talos Energy
TALO
$2.78B
| $3.76M | ﹤0.01% |
341,263
+248,083
| +266% | +$2.6M |
|
3219
PUT
FS KKR Capital
FSK
$3.39B
| $3.76M | ﹤0.01% |
253,800
-342,400
| -57% | -$5.19M |
|
|
BLSH
3220
Bullish
BLSH
$4.99B
| $3.76M | ﹤0.01% |
99,252
+48,380
| +95% | +$2.36M |
|
3221
GH Research
GHRS
$1.92B
| $3.76M | ﹤0.01% |
295,926
-567,676
| -66% | -$7.73M |
|
3222
PUT
Brighthouse Financial
BHF
$3.05B
| $3.76M | ﹤0.01% |
58,000
-47,500
| -45% | -$2.79M |
|
3223
Republic Bancorp
RBCAA
$1.86B
| $3.76M | ﹤0.01% |
54,430
-9,272
| -15% | -$642K |
|
3224
Cullinan Oncology
CGEM
$1.4B
| $3.75M | ﹤0.01% |
362,495
-187,976
| -34% | -$1.7M |
|
3225
A10 Networks
ATEN
$1.87B
| $3.75M | ﹤0.01% |
212,072
+67,227
| +46% | +$1.19M |
|
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.