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 |
Applovin
APP
|
+$751M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$692M |
| 3 |
Palantir
PLTR
|
+$434M |
| 4 |
Union Pacific
UNP
|
+$377M |
| 5 |
AbbVie
ABBV
|
+$367M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.74B |
| 2 |
Meta Platforms (Facebook)
META
|
+$602M |
| 3 |
Bank of America
BAC
|
+$600M |
| 4 |
Wells Fargo
WFC
|
+$568M |
| 5 |
Broadcom
AVGO
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 52.35% |
| 2 | Technology | 8.73% |
| 3 | Financials | 7.42% |
| 4 | Healthcare | 6.65% |
| 5 | Industrials | 6.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3626
Lineage Cell Therapeutics
LCTX
$281M
| $2.36M | ﹤0.01% |
+2,600,577
| New | +$1.54M |
|
3627
Tarsus Pharmaceuticals
TARS
$3.15B
| $2.36M | ﹤0.01% |
58,141
-189,054
| -76% | -$8.51M |
|
|
RDAGU
3628
Republic Digital Acquisition Co Unit
RDAGU
$231M
| $2.35M | ﹤0.01% |
+220,000
| New | +$2.29M |
|
3629
The RMR Group
RMR
$332M
| $2.35M | ﹤0.01% |
143,788
-4,443
| -3% | -$68.1K |
|
3630
CALL
Interactive Brokers
IBKR
$43.4B
| $2.35M | ﹤0.01% |
42,400
-12,000
| -22% | -$569K |
|
3631
Black Diamond Therapeutics
BDTX
$128M
| $2.34M | ﹤0.01% |
944,853
-159,059
| -14% | -$307K |
|
3632
PUT
Public Service Enterprise Group
PEG
$36.5B
| $2.34M | ﹤0.01% |
27,800
-106,400
| -79% | -$8.58M |
|
3633
CALL
APA Corp
APA
$14.9B
| $2.34M | ﹤0.01% |
127,800
+113,400
| +788% | +$1.97M |
|
3634
Financial Institutions
FISI
$807M
| $2.34M | ﹤0.01% |
90,992
-56,340
| -38% | -$1.41M |
|
3635
Clearwater Paper
CLW
$336M
| $2.34M | ﹤0.01% |
85,779
-24,425
| -22% | -$660K |
|
|
CBL
3636
CBL Properties
CBL
$1.7B
| $2.33M | ﹤0.01% |
91,789
-21,810
| -19% | -$537K |
|
3637
CALL
Alaska Air
ALK
$4.72B
| $2.33M | ﹤0.01% |
+47,000
| New | +$2.28M |
|
3638
PUT
Entegris
ENTG
$20.6B
| $2.32M | ﹤0.01% |
28,800
-12,500
| -30% | -$950K |
|
|
ESGR
3639
PUT
DELISTED
Enstar Group
ESGR
| $2.32M | ﹤0.01% |
6,900
+600
| +10% | +$201K |
|
3640
CALL
Leidos
LDOS
$17.7B
| $2.32M | ﹤0.01% |
14,700
-21,200
| -59% | -$3.13M |
|
|
IPCXU
3641
DELISTED
Inflection Point Acquisition Corp III Units
IPCXU
| $2.31M | ﹤0.01% |
+220,000
| New | +$2.27M |
|
3642
Ecopetrol
EC
$33.9B
| $2.31M | ﹤0.01% |
261,079
+199,787
| +326% | +$1.77M |
|
3643
ZTO Express
ZTO
$16.3B
| $2.31M | ﹤0.01% |
130,000
-609,251
| -82% | -$11M |
|
3644
PUT
Stellantis
STLA
$20.4B
| $2.31M | ﹤0.01% |
230,000
-596,700
| -72% | -$5.88M |
|
|
AGEN
3645
Agenus
AGEN
$345M
| $2.31M | ﹤0.01% |
+504,509
| New | +$1.75M |
|
3646
PRA Group
PRAA
$721M
| $2.3M | ﹤0.01% |
155,874
+54,202
| +53% | +$864K |
|
|
FPI
3647
Farmland Partners
FPI
$447M
| $2.29M | ﹤0.01% |
199,341
+99,854
| +100% | +$1.07M |
|
3648
State Street SPDR S&P Homebuilders ETF
XHB
$1.39B
| $2.29M | ﹤0.01% |
23,222
+20,822
| +868% | +$1.98M |
|
3649
CALL
Ameren
AEE
$29.4B
| $2.29M | ﹤0.01% |
+23,800
| New | +$2.31M |
|
|
VACH
3650
DELISTED
Voyager Acquisition Corp
VACH
| $2.29M | ﹤0.01% |
220,000
| – | – |
|
Similar funds
Israel Englander's Q2 2025 Portfolio in Review
As of Q2 2025, Israel Englander held 6,516 positions worth $207B, up 10% from $188B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander's Q2 2025 filing shows 738 new, 2,295 increased, 2,418 reduced and 712 closed positions. Its largest new stake was Bank of America Series L: 164,000 shares worth $197K. The largest sale was iShares Core S&P 500 ETF, an estimated $1.74B.
By sector, the portfolio is most concentrated in Miscellaneous at 52% of assets, up from 52% a quarter earlier, followed by Technology and Financials.
- Israel Englander's largest Q2 2025 buy was Bank of America Series L: 164,000 shares worth $197K.
- Israel Englander added most to Applovin in Q2 2025, an estimated $751M increase.
- Israel Englander's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.74B.
- Israel Englander fully exited Discover Financial Services in Q2 2025, selling an estimated $282M.
- Israel Englander's ten largest holdings make up 16% of its $207B portfolio in Q2 2025.
- Israel Englander opened 738 new positions and closed 712 in Q2 2025.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $207B.
Based on Millennium Management's 13F filing for Q2 2025, filed 14 Aug 2025.