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 | |
|---|---|---|---|---|---|---|
301
BP
BP
$115B
| $136M | 0.06% |
3,905,104
-638,059
| -14% | -$22.4M |
|
302
PUT
Coca-Cola
KO
$392B
| $135M | 0.06% |
1,934,800
+465,000
| +32% | +$32.4M |
|
303
CALL
iShares MSCI India ETF
INDA
$6.62B
| $135M | 0.06% |
2,500,000
+1,500,000
| +150% | +$80.8M |
|
304
Bright Horizons
BFAM
$3.54B
| $135M | 0.06% |
1,329,253
+165,962
| +14% | +$16.7M |
|
|
MRSH
305
Marsh
MRSH
$91.6B
| $134M | 0.06% |
724,648
+540,513
| +294% | +$101M |
|
306
CALL
Comcast
CMCSA
$95.3B
| $134M | 0.06% |
4,493,300
+2,234,600
| +99% | +$63.8M |
|
|
307
Bank of America
BAC
$431B
| $134M | 0.06% |
2,433,108
-7,767,679
| -76% | -$411M |
|
308
J.M. Smucker
SJM
$13.3B
| $134M | 0.06% |
1,367,299
-206,906
| -13% | -$21.4M |
|
309
CALL
Intel
INTC
$476B
| $133M | 0.06% |
3,617,400
+1,498,600
| +71% | +$56.6M |
|
310
Five Below
FIVE
$13.8B
| $133M | 0.06% |
704,880
+166,533
| +31% | +$27.1M |
|
311
Cummins
CMI
$80.9B
| $133M | 0.06% |
259,616
+129,037
| +99% | +$60.3M |
|
|
SNV
312
DELISTED
Synovus
SNV
| $132M | 0.06% |
2,643,625
+2,158,264
| +445% | +$104M |
|
313
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$46.3B
| $132M | 0.06% |
1,511,200
-2,102,700
| -58% | -$188M |
|
|
TLN
314
Talen Energy Corp
TLN
$15.1B
| $131M | 0.06% |
350,299
+322,466
| +1,159% | +$125M |
|
315
CALL
Warner Bros
WBD
$71.6B
| $131M | 0.06% |
4,554,300
+718,500
| +19% | +$16.8M |
|
316
Supernus Pharmaceuticals
SUPN
$2.67B
| $131M | 0.06% |
2,640,066
+2,293,773
| +662% | +$112M |
|
317
Williams Companies
WMB
$86.2B
| $131M | 0.06% |
2,180,067
-567,915
| -21% | -$34.3M |
|
318
Omnicom Group
OMC
$24B
| $131M | 0.06% |
1,622,727
+901,956
| +125% | +$68.9M |
|
319
Paylocity
PCTY
$8.14B
| $131M | 0.06% |
859,125
+110,322
| +15% | +$16.4M |
|
320
Curtiss-Wright
CW
$23.5B
| $131M | 0.06% |
237,553
+25,814
| +12% | +$14.4M |
|
321
PUT
Boeing
BA
$169B
| $131M | 0.06% |
602,100
-227,700
| -27% | -$46.8M |
|
322
McCormick & Company Non-Voting
MKC
$14.9B
| $131M | 0.06% |
1,918,519
+6,330
| +0.3% | +$420K |
|
323
PUT
Merck
MRK
$376B
| $131M | 0.05% |
1,241,000
-354,200
| -22% | -$33.2M |
|
324
MKS Inc
MKSI
$18.9B
| $131M | 0.05% |
817,251
+371,003
| +83% | +$55M |
|
325
Waste Management
WM
$89.6B
| $130M | 0.05% |
591,655
+254,127
| +75% | +$54.2M |
|
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.