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 | |
|---|---|---|---|---|---|---|
326
PUT
Adobe
ADBE
$109B
| $130M | 0.05% |
371,100
-461,900
| -55% | -$157M |
|
327
Corning
GLW
$129B
| $128M | 0.05% |
1,459,559
-78,532
| -5% | -$6.76M |
|
328
PUT
Coinbase
COIN
$49.2B
| $127M | 0.05% |
563,000
+139,100
| +33% | +$41.4M |
|
329
ON Semiconductor
ON
$28.9B
| $127M | 0.05% |
2,349,378
+94,780
| +4% | +$4.86M |
|
330
PUT
Royal Bank of Canada
RY
$285B
| $127M | 0.05% |
542,300
| – | – |
|
331
Flutter Entertainment
FLUT
$17.8B
| $127M | 0.05% |
589,994
+586,768
| +18,189% | +$132M |
|
332
Ferguson
FERG
$46.9B
| $127M | 0.05% |
569,701
-70,319
| -11% | -$16.8M |
|
333
Berkshire Hathaway Class B
BRK.B
$1.06T
| $127M | 0.05% |
252,049
-448,282
| -64% | -$223M |
|
334
EPAM Systems
EPAM
$5.69B
| $127M | 0.05% |
618,278
+282,499
| +84% | +$50.4M |
|
335
CACI
CACI
$14.3B
| $127M | 0.05% |
237,499
+233,894
| +6,488% | +$132M |
|
336
Las Vegas Sands
LVS
$30.5B
| $126M | 0.05% |
1,943,225
+215,139
| +12% | +$13.2M |
|
337
Cencora
COR
$60.7B
| $126M | 0.05% |
374,384
-611,540
| -62% | -$208M |
|
338
CALL
IBM
IBM
$222B
| $126M | 0.05% |
426,600
-760,000
| -64% | -$228M |
|
339
CALL
Applovin
APP
$102B
| $126M | 0.05% |
187,200
-48,600
| -21% | -$30.6M |
|
340
ARK 21Shares Bitcoin ETF
ARKB
$2.94B
| $125M | 0.05% |
4,314,138
+354,014
| +9% | +$11.8M |
|
341
PUT
PepsiCo
PEP
$196B
| $125M | 0.05% |
871,700
+37,400
| +4% | +$5.5M |
|
342
Sysco
SYY
$40.2B
| $125M | 0.05% |
1,696,369
-1,545,778
| -48% | -$118M |
|
343
CALL
Visa
V
$693B
| $124M | 0.05% |
354,400
-64,200
| -15% | -$21.9M |
|
344
PUT
Intuit
INTU
$100B
| $124M | 0.05% |
187,500
-151,400
| -45% | -$100M |
|
345
Snap
SNAP
$8.86B
| $124M | 0.05% |
15,346,103
+5,341,241
| +53% | +$42.2M |
|
|
LBRDK
346
DELISTED
Liberty Broadband Class C
LBRDK
| $123M | 0.05% |
2,533,736
+485,301
| +24% | +$25.2M |
|
347
Allison Transmission
ALSN
$11B
| $123M | 0.05% |
1,257,353
+826,352
| +192% | +$72.4M |
|
348
Dana Inc
DAN
$3.41B
| $123M | 0.05% |
5,165,957
+1,470,411
| +40% | +$31.1M |
|
|
BTC
349
Grayscale Bitcoin Mini Trust ETF
BTC
$4.08B
| $123M | 0.05% |
3,167,718
+667,553
| +27% | +$29.6M |
|
350
CALL
Applied Materials
AMAT
$391B
| $122M | 0.05% |
474,600
-95,400
| -17% | -$22.9M |
|
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.