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 |
Applovin
APP
|
+$751M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$692M |
| 3 |
Palantir
PLTR
|
+$434M |
| 4 |
Union Pacific
UNP
|
+$377M |
| 5 |
AbbVie
ABBV
|
+$367M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.74B |
| 2 |
Meta Platforms (Facebook)
META
|
+$602M |
| 3 |
Bank of America
BAC
|
+$600M |
| 4 |
Wells Fargo
WFC
|
+$568M |
| 5 |
Broadcom
AVGO
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.73% |
| 2 | Financials | 7.42% |
| 3 | Healthcare | 6.65% |
| 4 | Industrials | 6.3% |
| 5 | Consumer Discretionary | 5.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
Ardelyx
ARDX
$963M
| $45.7M | 0.02% |
11,663,229
+5,197,967
| +80% | +$21.4M |
|
852
Kirby Corp
KEX
$7.32B
| $45.7M | 0.02% |
402,927
-209,473
| -34% | -$22M |
|
853
CALL
Shopify
SHOP
$193B
| $45.6M | 0.02% |
395,400
+49,900
| +14% | +$4.99M |
|
854
Solventum
SOLV
$15.5B
| $45.6M | 0.02% |
+601,344
| New | +$42.6M |
|
855
CDW
CDW
$16.6B
| $45.5M | 0.02% |
254,808
+87,680
| +52% | +$14.9M |
|
856
PUT
First Solar
FSLR
$22.4B
| $45.5M | 0.02% |
274,800
+145,600
| +113% | +$21.5M |
|
|
GAP
857
The Gap Inc
GAP
$7.33B
| $45.4M | 0.02% |
2,083,425
-2,304,286
| -53% | -$51.5M |
|
858
Li Auto
LI
$12.2B
| $45.4M | 0.02% |
1,675,743
-1,823,753
| -52% | -$48.1M |
|
859
Cintas
CTAS
$83B
| $45.4M | 0.02% |
203,718
-266,444
| -57% | -$57.4M |
|
860
PUT
United States Oil Fund
USO
$2.06B
| $45.2M | 0.02% |
618,500
+33,500
| +6% | +$2.34M |
|
861
Stride
LRN
$3.53B
| $45.1M | 0.02% |
310,646
+193,493
| +165% | +$28M |
|
862
PUT
Workday
WDAY
$49.2B
| $45M | 0.02% |
187,600
-186,300
| -50% | -$45.4M |
|
863
Darling Ingredients
DAR
$9.83B
| $44.9M | 0.02% |
1,183,511
-360,974
| -23% | -$11.9M |
|
864
Wendy's
WEN
$1.68B
| $44.9M | 0.02% |
3,929,304
+105,812
| +3% | +$1.29M |
|
865
PUT
Brookfield Asset Management
BAM
$83.6B
| $44.7M | 0.02% |
+808,600
| New | +$43.4M |
|
866
CALL
Edwards Lifesciences
EW
$52.2B
| $44.7M | 0.02% |
571,500
+15,600
| +3% | +$1.16M |
|
867
CALL
General Motors
GM
$76.3B
| $44.6M | 0.02% |
907,000
-1,461,800
| -62% | -$69.3M |
|
|
SNDK
868
Sandisk
SNDK
$218B
| $44.5M | 0.02% |
981,228
+961,874
| +4,970% | +$36.8M |
|
869
Ares Management
ARES
$31.6B
| $44.2M | 0.02% |
255,411
+23,335
| +10% | +$3.69M |
|
|
FITB
870
Fifth Third Bancorp
FITB
$49.8B
| $44.1M | 0.02% |
1,073,003
-482,836
| -31% | -$18.1M |
|
|
SFD
871
Smithfield Foods
SFD
$8.78B
| $44.1M | 0.02% |
1,873,996
-415,692
| -18% | -$9.19M |
|
872
Host Hotels & Resorts
HST
$15.9B
| $44M | 0.02% |
2,864,491
-218,563
| -7% | -$3.24M |
|
873
IQVIA
IQV
$42.8B
| $44M | 0.02% |
278,922
-46,406
| -14% | -$6.99M |
|
|
PPTA
874
Perpetua Resources
PPTA
$3.24B
| $44M | 0.02% |
3,620,379
+2,438,480
| +206% | +$32.8M |
|
875
PUT
Thermo Fisher Scientific
TMO
$233B
| $43.9M | 0.02% |
108,300
-17,100
| -14% | -$7.15M |
|
Similar funds
Israel Englander's Q2 2025 Portfolio in Review
As of Q2 2025, Israel Englander held 6,516 positions worth $207B, up 10% from $188B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander's Q2 2025 filing shows 738 new, 2,295 increased, 2,418 reduced and 712 closed positions. Its largest new stake was Bank of America Series L: 164,000 shares worth $197K. The largest sale was iShares Core S&P 500 ETF, an estimated $1.74B.
By sector, the portfolio is most concentrated in Technology at 8.7% of assets, up from 7.8% a quarter earlier, followed by Financials and Healthcare.
- Israel Englander's largest Q2 2025 buy was Bank of America Series L: 164,000 shares worth $197K.
- Israel Englander added most to Applovin in Q2 2025, an estimated $751M increase.
- Israel Englander's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.74B.
- Israel Englander fully exited Discover Financial Services in Q2 2025, selling an estimated $282M.
- Israel Englander's ten largest holdings make up 16% of its $207B portfolio in Q2 2025.
- Israel Englander opened 738 new positions and closed 712 in Q2 2025.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $207B.
Based on Millennium Management's 13F filing for Q2 2025, filed 14 Aug 2025.