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 | |
|---|---|---|---|---|---|---|
801
CALL
Pinduoduo
PDD
$124B
| $50.1M | 0.02% |
441,600
-110,600
| -20% | -$13.7M |
|
802
Gaming and Leisure Properties
GLPI
$12.8B
| $49.9M | 0.02% |
1,117,238
+335,491
| +43% | +$14.9M |
|
803
TC Energy
TRP
$64.7B
| $49.9M | 0.02% |
906,077
-485,792
| -35% | -$25.9M |
|
804
KKR & Co
KKR
$96.3B
| $49.8M | 0.02% |
390,332
-254,330
| -39% | -$31.6M |
|
805
Bank OZK
OZK
$5.38B
| $49.7M | 0.02% |
1,079,074
+180,290
| +20% | +$8.43M |
|
806
O'Reilly Automotive
ORLY
$73.4B
| $49.5M | 0.02% |
542,526
-185,549
| -25% | -$18.1M |
|
807
Zoom
ZM
$30.7B
| $49.4M | 0.02% |
572,569
-53,232
| -9% | -$4.48M |
|
808
Bread Financial
BFH
$4.04B
| $49.3M | 0.02% |
665,812
+459,916
| +223% | +$30.2M |
|
809
Stewart Information Services
STC
$2.13B
| $49.3M | 0.02% |
701,148
+302,623
| +76% | +$21.8M |
|
810
PUT
Rivian
RIVN
$24B
| $49.2M | 0.02% |
2,494,600
-2,782,800
| -53% | -$44.2M |
|
|
FITB
811
Fifth Third Bancorp
FITB
$49.8B
| $49.1M | 0.02% |
1,048,499
+703,447
| +204% | +$31M |
|
812
Genpact
G
$6.32B
| $49M | 0.02% |
1,046,671
+982,532
| +1,532% | +$42.5M |
|
813
RELX
RELX
$63.4B
| $48.8M | 0.02% |
1,207,191
+863,856
| +252% | +$36.9M |
|
|
814
Rivian
RIVN
$24B
| $48.7M | 0.02% |
2,472,107
-741,846
| -23% | -$11.8M |
|
815
Vulcan Materials
VMC
$35.8B
| $48.6M | 0.02% |
170,521
+45,439
| +36% | +$13.3M |
|
816
SiteOne Landscape Supply
SITE
$4.16B
| $48.6M | 0.02% |
389,981
+335,916
| +621% | +$42.5M |
|
817
Pfizer
PFE
$159B
| $48.5M | 0.02% |
1,947,495
+191,296
| +11% | +$4.82M |
|
818
Occidental Petroleum
OXY
$60.1B
| $48.5M | 0.02% |
1,178,920
+868,378
| +280% | +$36.2M |
|
819
MGM Resorts International
MGM
$11B
| $48.4M | 0.02% |
1,326,269
+391,528
| +42% | +$13.3M |
|
820
Yum China
YUMC
$16.7B
| $48.2M | 0.02% |
1,011,402
-929,955
| -48% | -$42.6M |
|
821
CALL
Gilead Sciences
GILD
$182B
| $48.2M | 0.02% |
392,800
-32,000
| -8% | -$3.89M |
|
822
Essential Utilities
WTRG
$11.7B
| $48.1M | 0.02% |
1,255,212
+1,221,746
| +3,651% | +$48.1M |
|
823
Federal Realty Investment Trust
FRT
$10.2B
| $48.1M | 0.02% |
477,038
+458,429
| +2,463% | +$45.1M |
|
824
Lincoln National
LNC
$8.11B
| $48M | 0.02% |
1,078,128
+520,816
| +93% | +$21.7M |
|
825
Kroger
KR
$36.2B
| $47.8M | 0.02% |
765,279
+188,318
| +33% | +$12.3M |
|
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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.