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 | |
|---|---|---|---|---|---|---|
526
Onto Innovation
ONTO
$17.4B
| $78.1M | 0.03% |
495,000
-104,737
| -17% | -$14.9M |
|
527
AXIS Capital
AXS
$7.26B
| $78.1M | 0.03% |
728,987
+175,422
| +32% | +$17.4M |
|
528
Landstar System
LSTR
$6.07B
| $77.9M | 0.03% |
541,880
+488,238
| +910% | +$65M |
|
529
Toronto Dominion Bank
TD
$193B
| $77.7M | 0.03% |
824,890
+739,982
| +872% | +$62.5M |
|
530
Assurant
AIZ
$14.2B
| $77.6M | 0.03% |
322,235
+177,642
| +123% | +$39.7M |
|
531
Altria Group
MO
$114B
| $77.6M | 0.03% |
1,345,429
-1,584,358
| -54% | -$95.7M |
|
532
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.07B
| $77.5M | 0.03% |
1,195,800
-18,000
| -1% | -$1.13M |
|
533
Bunge Global
BG
$21.1B
| $77.1M | 0.03% |
865,130
-623,110
| -42% | -$57.5M |
|
534
Allegion
ALLE
$13.8B
| $77M | 0.03% |
483,852
+175,422
| +57% | +$29.2M |
|
|
SUNC
535
SunocoCorp LLC
SUNC
$3.98B
| $76.9M | 0.03% |
+1,560,181
| New | +$78.6M |
|
536
Semtech
SMTC
$11.3B
| $76.8M | 0.03% |
1,041,730
-6,044
| -0.6% | -$429K |
|
537
PUT
Amgen
AMGN
$240B
| $76.8M | 0.03% |
234,500
-38,000
| -14% | -$12.1M |
|
538
Intuit
INTU
$102B
| $76.6M | 0.03% |
115,656
-38,216
| -25% | -$25.3M |
|
539
Regions Financial
RF
$26.2B
| $76.6M | 0.03% |
2,826,359
+227,655
| +9% | +$5.81M |
|
540
Ollie's Bargain Outlet
OLLI
$4.62B
| $76.4M | 0.03% |
696,654
+547,199
| +366% | +$66M |
|
541
Calix
CALX
$2.53B
| $76.3M | 0.03% |
1,441,912
-523,006
| -27% | -$30.5M |
|
542
Unum
UNM
$14.1B
| $76.3M | 0.03% |
984,384
-80,787
| -8% | -$6.18M |
|
543
Kinross Gold
KGC
$38.8B
| $76.2M | 0.03% |
2,706,573
+568,436
| +27% | +$14.8M |
|
544
PUT
Snowflake
SNOW
$113B
| $76.2M | 0.03% |
347,400
-409,600
| -54% | -$100M |
|
545
American Express
AXP
$228B
| $76.1M | 0.03% |
205,739
-141,674
| -41% | -$50.7M |
|
546
State Street Materials Select Sector SPDR ETF
XLB
$8.85B
| $75.9M | 0.03% |
1,673,785
+1,572,907
| +1,559% | +$69.5M |
|
547
Best Buy
BBY
$18.5B
| $75.9M | 0.03% |
1,133,737
+728,505
| +180% | +$55.6M |
|
548
Viatris
VTRS
$18.9B
| $75.5M | 0.03% |
6,067,124
-775,376
| -11% | -$8.37M |
|
549
Alcoa
AA
$12.9B
| $75.5M | 0.03% |
1,419,367
+650,398
| +85% | +$26.6M |
|
550
CALL
Berkshire Hathaway Class B
BRK.B
$1.08T
| $75.3M | 0.03% |
149,900
-148,900
| -50% | -$74.1M |
|
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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.