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 | |
|---|---|---|---|---|---|---|
5351
ePlus
PLUS
$2.25B
| $202K | ﹤0.01% |
2,309
-31,515
| -93% | -$2.6M |
|
5352
Golub Capital BDC
GBDC
$3.4B
| $202K | ﹤0.01% |
14,894
-693,538
| -98% | -$9.6M |
|
5353
Park-Ohio Holdings
PKOH
$653M
| $201K | ﹤0.01% |
9,621
-18,074
| -65% | -$376K |
|
|
EWCZ
5354
DELISTED
European Wax Center
EWCZ
| $201K | ﹤0.01% |
55,880
-81,705
| -59% | -$305K |
|
5355
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.49B
| $201K | ﹤0.01% |
+7,035
| New | +$196K |
|
5356
Valhi
VHI
$509M
| $201K | ﹤0.01% |
+16,650
| New | +$222K |
|
|
OPENW
5357
CALL
Opendoor Technologies Inc Series K Warrants
OPENW
$6.95M
| $200K | ﹤0.01% |
+222,241
| New | +$300K |
|
|
NMAX
5358
Newsmax Inc
NMAX
$1.41B
| $198K | ﹤0.01% |
+25,617
| New | +$246K |
|
|
FACWW
5359
CALL
Factorial Energy Inc Warrant
FACWW
$9.54M
| $198K | ﹤0.01% |
250,000
+100,000
| +67% | +$38.3K |
|
|
DGXX
5360
Digi Power X Inc
DGXX
$411M
| $197K | ﹤0.01% |
+77,085
| New | +$289K |
|
|
CRAQR
5361
Cal Redwood Acquisition Corp Right
CRAQR
| $195K | ﹤0.01% |
602,600
-44,900
| -7% | -$12.9K |
|
5362
Nkarta
NKTX
$194M
| $194K | ﹤0.01% |
104,652
-643,842
| -86% | -$1.29M |
|
|
IMSR
5363
Terrestrial Energy
IMSR
$591M
| $193K | ﹤0.01% |
31,658
-597,705
| -95% | -$7.99M |
|
|
NXDT
5364
NexPoint Diversified Real Estate Trust
NXDT
$298M
| $193K | ﹤0.01% |
+50,457
| New | +$166K |
|
5365
Verrica Pharmaceuticals
VRCA
$84.9M
| $192K | ﹤0.01% |
23,123
-48,867
| -68% | -$271K |
|
5366
OceanFirst Financial
OCFC
$1.82B
| $192K | ﹤0.01% |
+10,670
| New | +$199K |
|
|
AWP
5367
abrdn Global Premier Properties Fund
AWP
$363M
| $191K | ﹤0.01% |
16,567
-21,766
| -57% | -$254K |
|
5368
CALL
Geron
GERN
$996M
| $190K | ﹤0.01% |
+144,200
| New | +$181K |
|
5369
Fennec Pharmaceuticals
FENC
$411M
| $188K | ﹤0.01% |
24,402
+12,325
| +102% | +$101K |
|
|
HEPS
5370
D-Market Electronic Services & Trading
HEPS
$965M
| $187K | ﹤0.01% |
+75,480
| New | +$187K |
|
5371
NextCure
NXTC
$27.1M
| $185K | ﹤0.01% |
+13,033
| New | +$135K |
|
5372
LSB Industries
LXU
$740M
| $183K | ﹤0.01% |
21,573
+1,692
| +9% | +$14.9K |
|
5373
TriplePoint Venture Growth BDC
TPVG
$217M
| $183K | ﹤0.01% |
28,036
+4,729
| +20% | +$28.3K |
|
5374
Copel
ELPC
$8.48B
| $181K | ﹤0.01% |
19,083
+2,190
| +13% | +$20.9K |
|
5375
CALL
Lumen
LUMN
$6.08B
| $181K | ﹤0.01% |
23,300
| – | – |
|
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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.