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 | |
|---|---|---|---|---|---|---|
426
Universal Health Services
UHS
$10.4B
| $99.8M | 0.04% |
457,579
-41,999
| -8% | -$9.28M |
|
427
Sea Limited
SE
$72B
| $99.6M | 0.04% |
780,802
+70,796
| +10% | +$10.5M |
|
428
Ciena
CIEN
$56B
| $98.8M | 0.04% |
422,616
-81,267
| -16% | -$15.8M |
|
429
CubeSmart
CUBE
$9.21B
| $98.8M | 0.04% |
2,739,600
+1,830,993
| +202% | +$69.6M |
|
430
Cleveland-Cliffs
CLF
$6.43B
| $98.8M | 0.04% |
7,436,846
+5,439,851
| +272% | +$68.7M |
|
|
CAI
431
Caris Life Sciences
CAI
$7.42B
| $98.5M | 0.04% |
3,652,647
-285,425
| -7% | -$8.04M |
|
432
Halozyme
HALO
$12.3B
| $98.5M | 0.04% |
1,463,948
+236,364
| +19% | +$15.9M |
|
433
NRG Energy
NRG
$23.8B
| $98.5M | 0.04% |
618,455
-282,311
| -31% | -$46.7M |
|
434
CALL
Medtronic
MDT
$119B
| $98.4M | 0.04% |
1,024,800
+221,900
| +28% | +$21.6M |
|
435
RTX Corp
RTX
$283B
| $97.6M | 0.04% |
532,359
-644,447
| -55% | -$112M |
|
436
PUT
Capital One
COF
$134B
| $96.9M | 0.04% |
400,000
+206,100
| +106% | +$45.9M |
|
437
DaVita
DVA
$11.1B
| $96.8M | 0.04% |
852,380
+394,444
| +86% | +$48M |
|
438
SAP
SAP
$252B
| $96.5M | 0.04% |
397,324
+394,364
| +13,323% | +$100M |
|
439
Veeva Systems
VEEV
$40.3B
| $96.4M | 0.04% |
431,693
+193,059
| +81% | +$51.2M |
|
440
Sun Communities
SUI
$14.8B
| $95.9M | 0.04% |
773,961
+88,637
| +13% | +$11.1M |
|
441
Albemarle
ALB
$16.9B
| $95.7M | 0.04% |
676,877
+536,310
| +382% | +$60.9M |
|
|
WAY
442
Waystar Holding Corp
WAY
$4.8B
| $95.5M | 0.04% |
2,914,618
+809,197
| +38% | +$28.8M |
|
443
Fortinet
FTNT
$113B
| $95.3M | 0.04% |
1,199,606
+705,688
| +143% | +$58.5M |
|
444
Commercial Metals
CMC
$7.34B
| $95.1M | 0.04% |
1,373,417
+359,900
| +36% | +$22.5M |
|
|
NVO
445
PUT
Novo Nordisk
NVO
$207B
| $94.9M | 0.04% |
1,865,800
+6,100
| +0.3% | +$312K |
|
446
PUT
Workday
WDAY
$49.4B
| $94.9M | 0.04% |
441,700
-16,000
| -3% | -$3.64M |
|
447
BorgWarner
BWA
$13.8B
| $94.7M | 0.04% |
2,100,815
+1,020,726
| +95% | +$44.7M |
|
448
ServiceNow
NOW
$133B
| $94.5M | 0.04% |
616,701
-41,904
| -6% | -$7.19M |
|
449
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $94.4M | 0.04% |
610,100
+232,600
| +62% | +$34.8M |
|
450
GoDaddy
GDDY
$12.3B
| $94.1M | 0.04% |
758,035
+68,532
| +10% | +$8.87M |
|
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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 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.