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 | Technology | 8.73% |
| 2 | Financials | 7.42% |
| 3 | Healthcare | 6.65% |
| 4 | Industrials | 6.3% |
| 5 | Consumer Discretionary | 5.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $928M | 0.45% |
17,726,300
+5,330,500
| +43% | +$264M |
|
27
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $925M | 0.45% |
19,182,500
+6,486,800
| +51% | +$292M |
|
28
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $923M | 0.45% |
11,446,400
-3,486,500
| -23% | -$275M |
|
|
29
Applovin
APP
$102B
| $909M | 0.44% |
2,597,928
+2,315,114
| +819% | +$751M |
|
|
30
PUT
Broadcom
AVGO
$1.75T
| $859M | 0.41% |
3,117,200
-1,957,200
| -39% | -$425M |
|
31
CALL
Tesla
TSLA
$1.43T
| $813M | 0.39% |
2,558,600
-993,500
| -28% | -$299M |
|
|
32
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $787M | 0.38% |
1,273,926
+1,210,634
| +1,913% | +$692M |
|
33
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $719M | 0.35% |
1,631,500
+637,500
| +64% | +$265M |
|
|
34
Palantir
PLTR
$432B
| $683M | 0.33% |
5,009,207
+3,696,449
| +282% | +$434M |
|
35
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.3B
| $661M | 0.32% |
7,032,206
+76,494
| +1% | +$6.58M |
|
|
36
PUT
Bank of America
BAC
$431B
| $632M | 0.31% |
13,365,800
+5,593,400
| +72% | +$235M |
|
|
37
CALL
Broadcom
AVGO
$1.75T
| $569M | 0.27% |
2,065,400
-623,500
| -23% | -$135M |
|
38
Intuitive Surgical
ISRG
$134B
| $537M | 0.26% |
987,851
+190,986
| +24% | +$99.9M |
|
39
Edwards Lifesciences
EW
$51.8B
| $523M | 0.25% |
6,682,000
+3,237,236
| +94% | +$241M |
|
40
Thomson Reuters
TRI
$45.7B
| $510M | 0.25% |
2,497,704
+1,617,434
| +184% | +$308M |
|
41
Mastercard
MA
$509B
| $510M | 0.25% |
906,734
+220,769
| +32% | +$122M |
|
42
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $499M | 0.24% |
3,940,400
+685,600
| +21% | +$76.1M |
|
|
HES
43
DELISTED
Hess
HES
| $478M | 0.23% |
3,451,615
+1,123,051
| +48% | +$152M |
|
44
MSCI
MSCI
$41B
| $470M | 0.23% |
815,767
+125,472
| +18% | +$69.4M |
|
|
45
CALL
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $468M | 0.23% |
9,692,800
+4,605,100
| +91% | +$207M |
|
|
46
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $463M | 0.22% |
8,843,300
-855,800
| -9% | -$42.4M |
|
47
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $457M | 0.22% |
4,170,100
+3,995,700
| +2,291% | +$429M |
|
|
48
AbbVie
ABBV
$468B
| $454M | 0.22% |
2,446,607
+1,972,337
| +416% | +$367M |
|
49
Alphabet (Google) Class C
GOOG
$4.18T
| $448M | 0.22% |
2,523,102
+609,886
| +32% | +$101M |
|
50
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $446M | 0.22% |
12,138,900
+1,138,900
| +10% | +$39.9M |
|
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 Technology at 8.7% of assets, up from 7.8% a quarter earlier, followed by Financials and Healthcare.
- 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.