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 | |
|---|---|---|---|---|---|---|
4026
PUT
Fabrinet
FN
$14.8B
| $1.59M | ﹤0.01% |
3,500
-12,700
| -78% | -$5.52M |
|
|
CARL
4027
Carlsmed
CARL
$461M
| $1.59M | ﹤0.01% |
128,970
+108,208
| +521% | +$1.44M |
|
4028
Legacy Housing
LEGH
$674M
| $1.59M | ﹤0.01% |
81,468
+19,793
| +32% | +$424K |
|
4029
CALL
XPO
XPO
$22.1B
| $1.59M | ﹤0.01% |
11,700
-98,300
| -89% | -$13.4M |
|
4030
PUT
Sempra
SRE
$55.1B
| $1.59M | ﹤0.01% |
18,000
-34,700
| -66% | -$3.16M |
|
4031
Champion Homes
SKY
$4.9B
| $1.59M | ﹤0.01% |
18,780
-11,301
| -38% | -$891K |
|
4032
PUT
iShares MSCI China ETF
MCHI
$6.25B
| $1.59M | ﹤0.01% |
26,400
-5,400
| -17% | -$340K |
|
|
MBVI
4033
M3-Brigade Acquisition VI Corp
MBVI
| $1.58M | ﹤0.01% |
+158,250
| New | +$1.59M |
|
|
KYIVW
4034
CALL
Kyivstar Group Warrant
KYIVW
| $1.58M | ﹤0.01% |
446,666
+47,584
| +12% | +$182K |
|
4035
Universal Insurance Holdings
UVE
$1.21B
| $1.58M | ﹤0.01% |
46,747
-549,623
| -92% | -$17.5M |
|
|
PMTRU
4036
Perimeter Acquisition Corp I Unit
PMTRU
$197M
| $1.58M | ﹤0.01% |
148,857
-500
| -0.3% | -$5.41K |
|
4037
Barnes & Noble Education
BNED
$415M
| $1.58M | ﹤0.01% |
171,693
-78,337
| -31% | -$691K |
|
4038
Sonoco
SON
$5.58B
| $1.58M | ﹤0.01% |
36,112
-76,663
| -68% | -$3.17M |
|
|
TDAC
4039
Translational Development Acquisition Corp
TDAC
$209M
| $1.57M | ﹤0.01% |
150,000
| – | – |
|
4040
Safe Bulkers
SB
$868M
| $1.57M | ﹤0.01% |
+326,035
| New | +$1.55M |
|
|
PLMK
4041
Plum Acquisition Corp IV
PLMK
$115M
| $1.57M | ﹤0.01% |
150,000
| – | – |
|
4042
Marcus Corp
MCS
$895M
| $1.57M | ﹤0.01% |
101,136
-238,780
| -70% | -$3.55M |
|
|
HIMX
4043
Himax Technologies
HIMX
$2.38B
| $1.56M | ﹤0.01% |
190,701
+164,753
| +635% | +$1.39M |
|
|
SFIX
4044
Stitch Fix
SFIX
$420M
| $1.56M | ﹤0.01% |
297,276
+150,653
| +103% | +$687K |
|
|
LX
4045
LexinFintech Holdings
LX
$194M
| $1.56M | ﹤0.01% |
476,605
-83,795
| -15% | -$344K |
|
4046
PUT
Urban Outfitters
URBN
$6.95B
| $1.56M | ﹤0.01% |
20,700
-9,000
| -30% | -$637K |
|
4047
PUT
Northern Trust
NTRS
$34.2B
| $1.56M | ﹤0.01% |
11,400
-2,200
| -16% | -$289K |
|
4048
Banco Bilbao Vizcaya Argentaria
BBVA
$160B
| $1.56M | ﹤0.01% |
66,726
-701,517
| -91% | -$14.7M |
|
4049
CALL
Sanofi
SNY
$107B
| $1.55M | ﹤0.01% |
32,000
-642,600
| -95% | -$31.9M |
|
4050
AMC Entertainment Holdings
AMC
$2.31B
| $1.55M | ﹤0.01% |
+992,130
| New | +$2.37M |
|
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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.