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 | |
|---|---|---|---|---|---|---|
51
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $417M | 0.22% |
994,000
+481,100
| +94% | +$208M |
|
|
52
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $414M | 0.22% |
2,678,700
+1,186,200
| +79% | +$215M |
|
|
53
Linde
LIN
$225B
| $412M | 0.22% |
884,944
+623,687
| +239% | +$281M |
|
|
54
Danaher
DHR
$154B
| $405M | 0.22% |
1,975,092
+1,342,105
| +212% | +$293M |
|
55
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $397M | 0.21% |
4,023,400
-2,630,400
| -40% | -$285M |
|
56
Intuitive Surgical
ISRG
$134B
| $395M | 0.21% |
796,865
+231,770
| +41% | +$128M |
|
57
PUT
iShares China Large-Cap ETF
FXI
$4.28B
| $394M | 0.21% |
11,000,000
+4,936,700
| +81% | +$167M |
|
58
MSCI
MSCI
$41B
| $390M | 0.21% |
690,295
+423,944
| +159% | +$246M |
|
59
Invesco QQQ Trust
QQQ
$486B
| $383M | 0.2% |
816,859
+474,326
| +138% | +$241M |
|
60
CALL
Alibaba
BABA
$286B
| $382M | 0.2% |
2,885,700
-575,300
| -17% | -$66.3M |
|
|
61
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $380M | 0.2% |
2,433,100
+612,300
| +34% | +$112M |
|
62
Mastercard
MA
$509B
| $376M | 0.2% |
685,965
+121,283
| +21% | +$66M |
|
|
HES
63
DELISTED
Hess
HES
| $372M | 0.2% |
2,328,564
-82,522
| -3% | -$12.1M |
|
64
PUT
JPMorgan Chase
JPM
$935B
| $357M | 0.19% |
1,455,400
-894,000
| -38% | -$228M |
|
65
Cenovus Energy
CVE
$60.7B
| $356M | 0.19% |
25,619,189
-3,891,226
| -13% | -$56M |
|
66
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $341M | 0.18% |
8,651,000
+4,223,200
| +95% | +$165M |
|
67
Home Depot
HD
$335B
| $339M | 0.18% |
925,818
+670,139
| +262% | +$261M |
|
68
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $336M | 0.18% |
3,254,800
+1,031,200
| +46% | +$117M |
|
69
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $329M | 0.18% |
617,700
+35,200
| +6% | +$17.1M |
|
70
PUT
Bank of America
BAC
$431B
| $324M | 0.17% |
7,772,400
-315,800
| -4% | -$14.1M |
|
71
First Horizon
FHN
$11.7B
| $320M | 0.17% |
16,501,088
-4,784,218
| -22% | -$98.5M |
|
72
Merck
MRK
$376B
| $316M | 0.17% |
3,524,602
-56,361
| -2% | -$5.26M |
|
73
PUT
Adobe
ADBE
$109B
| $313M | 0.17% |
816,600
+41,800
| +5% | +$17.9M |
|
74
PUT
Chevron
CVX
$403B
| $310M | 0.16% |
1,852,300
+119,000
| +7% | +$18.6M |
|
75
Johnson Controls International
JCI
$86.7B
| $309M | 0.16% |
3,853,062
+1,511,130
| +65% | +$124M |
|
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.