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 | |
|---|---|---|---|---|---|---|
851
CALL
Thermo Fisher Scientific
TMO
$232B
| $46.7M | 0.02% |
80,600
+41,600
| +107% | +$23.5M |
|
852
Illinois Tool Works
ITW
$80.9B
| $46.6M | 0.02% |
189,209
-172,537
| -48% | -$43M |
|
853
PUT
Blackrock
BLK
$182B
| $46.1M | 0.02% |
43,100
-10,600
| -20% | -$11.6M |
|
854
Walt Disney
DIS
$191B
| $45.6M | 0.02% |
400,955
-33,966
| -8% | -$3.74M |
|
855
Raymond James Financial
RJF
$34B
| $45.4M | 0.02% |
282,603
-1,124,253
| -80% | -$182M |
|
856
ManpowerGroup
MAN
$2.86B
| $45.4M | 0.02% |
1,525,936
+665,135
| +77% | +$20.8M |
|
857
Vermilion Energy
VET
$1.92B
| $45.3M | 0.02% |
5,442,278
-2,771,983
| -34% | -$22.9M |
|
858
CALL
Constellation Energy
CEG
$96.9B
| $45.2M | 0.02% |
128,000
+5,200
| +4% | +$1.89M |
|
|
ECHO
859
EchoStar
ECHO
$24.8B
| $45.1M | 0.02% |
414,823
+184,957
| +80% | +$15.1M |
|
860
CALL
Coca-Cola
KO
$396B
| $45.1M | 0.02% |
644,800
+86,100
| +15% | +$6M |
|
861
International Paper
IP
$21.7B
| $44.9M | 0.02% |
1,140,270
+940,347
| +470% | +$38.7M |
|
862
Northern Trust
NTRS
$34.2B
| $44.8M | 0.02% |
327,972
-98,976
| -23% | -$13M |
|
863
Hasbro
HAS
$13.5B
| $44.7M | 0.02% |
545,689
-33,611
| -6% | -$2.64M |
|
864
Deutsche Bank
DB
$72.2B
| $44.5M | 0.02% |
1,153,101
+192,257
| +20% | +$6.94M |
|
865
CALL
ON Semiconductor
ON
$28B
| $44.4M | 0.02% |
819,500
+338,600
| +70% | +$17.4M |
|
866
Mattel
MAT
$4.23B
| $44.3M | 0.02% |
2,233,985
+649,350
| +41% | +$12.5M |
|
867
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.53B
| $44.2M | 0.02% |
+686,000
| New | +$43.3M |
|
868
CALL
Danaher
DHR
$151B
| $44.2M | 0.02% |
192,900
+95,500
| +98% | +$21M |
|
|
TPC
869
Tutor Perini Cor
TPC
$4.64B
| $44.2M | 0.02% |
658,775
-166,046
| -20% | -$10.9M |
|
870
CALL
iShares US Home Construction ETF
ITB
$2.28B
| $44.1M | 0.02% |
458,100
+245,700
| +116% | +$24.8M |
|
|
PPL
871
PPL Corp
PPL
$26.4B
| $44.1M | 0.02% |
1,258,514
+770,662
| +158% | +$27.8M |
|
872
Zoetis
ZTS
$31.9B
| $43.8M | 0.02% |
348,283
+18,681
| +6% | +$2.44M |
|
873
Sphere Entertainment
SPHR
$5.65B
| $43.8M | 0.02% |
460,553
+325,805
| +242% | +$24.8M |
|
874
CALL
Merck
MRK
$372B
| $43.7M | 0.02% |
414,900
-389,200
| -48% | -$36.5M |
|
|
875
PUT
Constellation Energy
CEG
$96.9B
| $43.6M | 0.02% |
123,500
+16,300
| +15% | +$5.92M |
|
Similar funds
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.