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 | |
|---|---|---|---|---|---|---|
51
Fidelity Wise Origin Bitcoin Fund
FBTC
$14.3B
| $556M | 0.23% |
7,293,130
-153,875
| -2% | -$13.4M |
|
52
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $549M | 0.23% |
1,755,000
+437,300
| +33% | +$125M |
|
53
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $545M | 0.23% |
4,565,600
-930,800
| -17% | -$110M |
|
54
Blackrock
BLK
$179B
| $544M | 0.23% |
508,120
+154,198
| +44% | +$169M |
|
55
PUT
ExxonMobil
XOM
$679B
| $538M | 0.23% |
4,470,500
+913,900
| +26% | +$106M |
|
56
PUT
Eli Lilly
LLY
$1.12T
| $525M | 0.22% |
488,200
+56,800
| +13% | +$54.3M |
|
57
Edwards Lifesciences
EW
$51.8B
| $518M | 0.22% |
6,080,938
+4,301,241
| +242% | +$353M |
|
58
PUT
Palantir
PLTR
$432B
| $516M | 0.22% |
2,900,200
+78,600
| +3% | +$14.2M |
|
59
S&P Global
SPGI
$127B
| $514M | 0.22% |
984,479
+314,184
| +47% | +$155M |
|
60
FirstEnergy
FE
$26.6B
| $509M | 0.21% |
11,374,600
+3,528,395
| +45% | +$162M |
|
61
PUT
Mastercard
MA
$509B
| $499M | 0.21% |
874,600
+154,800
| +22% | +$86.5M |
|
62
PUT
Berkshire Hathaway Class B
BRK.B
$1.06T
| $499M | 0.21% |
992,000
+80,800
| +9% | +$40.2M |
|
63
Carlyle Group
CG
$17.6B
| $493M | 0.21% |
8,340,531
+3,410,462
| +69% | +$194M |
|
64
Danaher
DHR
$154B
| $468M | 0.2% |
2,046,427
+1,118,852
| +121% | +$246M |
|
65
Marvell Technology
MRVL
$213B
| $466M | 0.2% |
5,484,932
+4,671,036
| +574% | +$409M |
|
66
Visa
V
$693B
| $452M | 0.19% |
1,287,815
+85,439
| +7% | +$29.1M |
|
67
UnitedHealth
UNH
$350B
| $446M | 0.19% |
1,351,111
+1,170,632
| +649% | +$397M |
|
68
PUT
State Street Technology Select Sector SPDR ETF
XLK
$120B
| $429M | 0.18% |
2,979,800
-119,400
| -4% | -$17.2M |
|
69
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $422M | 0.18% |
9,893,600
-206,800
| -2% | -$9.16M |
|
70
PUT
Oracle
ORCL
$422B
| $416M | 0.18% |
2,135,600
+1,140,500
| +115% | +$272M |
|
|
71
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $415M | 0.17% |
1,322,800
+198,900
| +18% | +$57M |
|
72
Citigroup
C
$221B
| $408M | 0.17% |
3,499,976
+1,063,836
| +44% | +$110M |
|
73
General Motors
GM
$77.2B
| $408M | 0.17% |
5,022,079
-470,802
| -9% | -$33.2M |
|
74
Morgan Stanley
MS
$336B
| $404M | 0.17% |
2,275,184
-1,247,043
| -35% | -$208M |
|
75
PUT
Micron Technology
MU
$1.09T
| $401M | 0.17% |
1,403,400
+306,600
| +28% | +$70.3M |
|
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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.