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
|
+$2.22B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 3 |
Danaher
DHR
|
+$293M |
| 4 |
Linde
LIN
|
+$281M |
| 5 |
Carlyle Group
CG
|
+$268M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$926M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$770M |
| 3 |
iShares Bitcoin Trust
IBIT
|
+$649M |
| 4 |
Meta Platforms (Facebook)
META
|
+$641M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$462M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 9% |
| 2 | Technology | 7.77% |
| 3 | Healthcare | 6.87% |
| 4 | Industrials | 5.56% |
| 5 | Consumer Discretionary | 5.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Targa Resources
TRGP
$63.1B
| $69.7M | 0.04% |
347,504
-457,948
| -57% | -$90.9M |
|
552
Kraft Heinz
KHC
$30.4B
| $69.5M | 0.04% |
2,284,067
+833,109
| +57% | +$24.9M |
|
553
UWM Holdings
UWMC
$2.28B
| $69M | 0.04% |
12,631,712
+10,265,969
| +434% | +$62.4M |
|
554
Rithm Capital
RITM
$5.72B
| $68.4M | 0.04% |
5,974,678
+2,986,074
| +100% | +$34.5M |
|
555
D.R. Horton
DHI
$41.7B
| $68.4M | 0.04% |
537,992
-334,010
| -38% | -$44.8M |
|
556
MACOM Technology Solutions
MTSI
$19.7B
| $68.4M | 0.04% |
681,167
-169,520
| -20% | -$20.6M |
|
557
West Pharmaceutical
WST
$24.9B
| $68.1M | 0.04% |
304,403
+84,786
| +39% | +$23.4M |
|
558
CALL
Verizon
VZ
$208B
| $67.8M | 0.04% |
1,495,500
+677,900
| +83% | +$28.2M |
|
559
Rubrik
RBRK
$20.2B
| $67.6M | 0.04% |
1,108,521
+20,231
| +2% | +$1.38M |
|
560
Agree Realty
ADC
$9.28B
| $67.3M | 0.04% |
871,332
-299,965
| -26% | -$22M |
|
561
Lennox International
LII
$13.8B
| $67.1M | 0.04% |
119,618
-3,619
| -3% | -$2.19M |
|
562
Wintrust Financial
WTFC
$10.3B
| $66.9M | 0.04% |
594,711
+501,669
| +539% | +$62M |
|
563
Murphy USA
MUSA
$10.4B
| $66.7M | 0.04% |
142,038
+136,166
| +2,319% | +$64.6M |
|
564
Carter's
CRI
$1.26B
| $66.7M | 0.04% |
1,631,493
+1,620,140
| +14,271% | +$77.9M |
|
565
M&T Bank
MTB
$34.9B
| $66.2M | 0.04% |
370,112
+269,407
| +268% | +$51.1M |
|
566
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.6B
| $65.9M | 0.04% |
835,219
+388,313
| +87% | +$30.8M |
|
567
CALL
Booking.com
BKNG
$160B
| $65.9M | 0.04% |
357,500
+10,000
| +3% | +$1.91M |
|
568
PUT
Philip Morris
PM
$298B
| $65.6M | 0.03% |
413,300
+112,400
| +37% | +$15.9M |
|
|
IPG
569
DELISTED
Interpublic Group of Companies
IPG
| $65.6M | 0.03% |
2,414,526
+951,406
| +65% | +$26.1M |
|
|
BTC
570
Grayscale Bitcoin Mini Trust ETF
BTC
$4.17B
| $65.5M | 0.03% |
1,794,858
+1,025,947
| +133% | +$42.3M |
|
571
Burlington
BURL
$20.8B
| $65.3M | 0.03% |
273,805
-393,680
| -59% | -$102M |
|
572
Etsy
ETSY
$7.99B
| $64.9M | 0.03% |
1,375,606
+540,609
| +65% | +$27.7M |
|
573
WEX
WEX
$6.93B
| $64.8M | 0.03% |
412,665
+357,842
| +653% | +$58.9M |
|
574
HF Sinclair
DINO
$16.9B
| $64.8M | 0.03% |
1,970,006
+1,329,408
| +208% | +$46.6M |
|
575
Crocs
CROX
$6.03B
| $64.4M | 0.03% |
606,765
+534,013
| +734% | +$55.3M |
|
Similar funds
Israel Englander's Q1 2025 Portfolio in Review
As of Q1 2025, Israel Englander held 6,639 positions worth $188B, down 8.2% from $205B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $8.86B in Q1 2025, closing 852 positions and reducing 2,261 holdings. Its most notable exit was Verizon, an estimated $263M position sold in full.
By sector, the portfolio is most concentrated in Financials at 9% of assets, up from 8.3% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Israel Englander opened a new position in Blackrock worth $215M.
- Israel Englander's largest Q1 2025 buy was Blackrock: 227,394 shares worth $215M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q1 2025, an estimated $2.22B increase.
- Israel Englander's biggest Q1 2025 reduction was Broadcom, cutting an estimated $926M.
- Israel Englander fully exited Verizon in Q1 2025, selling an estimated $263M.
- Israel Englander's ten largest holdings make up 16% of its $188B portfolio in Q1 2025.
- Israel Englander opened 739 new positions and closed 852 in Q1 2025.
- Israel Englander's portfolio value fell 8.2% quarter-over-quarter to $188B.
Based on Millennium Management's 13F filing for Q1 2025, filed 15 May 2025.