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 | |
|---|---|---|---|---|---|---|
5201
PUT
PENN Entertainment
PENN
$2.39B
| $274K | ﹤0.01% |
18,600
-257,700
| -93% | -$4.02M |
|
5202
West Bancorporation
WTBA
$482M
| $274K | ﹤0.01% |
12,348
-10,423
| -46% | -$225K |
|
5203
CALL
Solid Power Inc Warrant
SLDPW
$5.66M
| $273K | ﹤0.01% |
385,868
| – | – |
|
|
SNCR
5204
DELISTED
Synchronoss Technologies
SNCR
| $271K | ﹤0.01% |
+31,623
| New | +$195K |
|
5205
Edgewell Personal Care
EPC
$1.32B
| $270K | ﹤0.01% |
15,845
-43,651
| -73% | -$807K |
|
5206
iShares MSCI Hong Kong ETF
EWH
$1.26B
| $270K | ﹤0.01% |
12,686
-7,197
| -36% | -$157K |
|
5207
PUT
International Flavors & Fragrances
IFF
$22.2B
| $270K | ﹤0.01% |
4,000
-2,000
| -33% | -$129K |
|
5208
Rackspace Technology
RXT
$867M
| $269K | ﹤0.01% |
276,759
-382,822
| -58% | -$482K |
|
5209
The Ensign Group
ENSG
$10.5B
| $268K | ﹤0.01% |
+1,536
| New | +$276K |
|
5210
PUT
Infosys
INFY
$47.3B
| $267K | ﹤0.01% |
15,000
| – | – |
|
|
SY
5211
So-Young International
SY
$241M
| $267K | ﹤0.01% |
104,330
+72,438
| +227% | +$235K |
|
|
RC
5212
CALL
Ready Capital
RC
$304M
| $266K | ﹤0.01% |
122,100
-6,000
| -5% | -$16.8K |
|
|
PRTC
5213
DELISTED
PureTech Health
PRTC
| $266K | ﹤0.01% |
15,435
-2,406
| -13% | -$41.3K |
|
5214
PUT
Credit Acceptance
CACC
$6.16B
| $266K | ﹤0.01% |
600
-10,000
| -94% | -$4.64M |
|
5215
CALL
Asana
ASAN
$2.18B
| $266K | ﹤0.01% |
19,400
-13,900
| -42% | -$191K |
|
5216
PUT
Vail Resorts
MTN
$5.3B
| $266K | ﹤0.01% |
2,000
-10,000
| -83% | -$1.47M |
|
|
TRUE
5217
DELISTED
TrueCar
TRUE
| $265K | ﹤0.01% |
117,129
-359,971
| -75% | -$772K |
|
5218
Community Health Systems
CYH
$412M
| $263K | ﹤0.01% |
+84,216
| New | +$283K |
|
5219
John Marshall Bancorp
JMSB
$320M
| $262K | ﹤0.01% |
13,117
-7,550
| -37% | -$149K |
|
5220
Arq
ARQ
$93.9M
| $262K | ﹤0.01% |
80,093
-51,771
| -39% | -$253K |
|
5221
Amplify Alternative Harvest ETF
MJ
$116M
| $260K | ﹤0.01% |
8,728
-25,230
| -74% | -$800K |
|
5222
Outlook Therapeutics
OTLK
$151M
| $260K | ﹤0.01% |
164,498
-30,085
| -15% | -$48.1K |
|
5223
Navigator Holdings
NVGS
$1.32B
| $259K | ﹤0.01% |
+14,938
| New | +$250K |
|
|
BWIN
5224
Baldwin Insurance Group
BWIN
$2.94B
| $258K | ﹤0.01% |
10,752
-45,366
| -81% | -$1.16M |
|
5225
CALL
Gold Royalty Corp Warrants
GROY.WS
$244M
| $258K | ﹤0.01% |
+130,488
| New | +$233K |
|
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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.