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 |
NVIDIA
NVDA
|
+$1.78B |
| 2 |
Apple
AAPL
|
+$1.13B |
| 3 |
ETHA
iShares Ethereum Trust ETF
ETHA
|
+$834M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$784M |
| 5 |
Norfolk Southern
NSC
|
+$613M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applovin
APP
|
+$1.19B |
| 2 |
Palantir
PLTR
|
+$742M |
| 3 |
HES
Hess
HES
|
+$478M |
| 4 |
Oracle
ORCL
|
+$465M |
| 5 |
Thomson Reuters
TRI
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.28% |
| 2 | Financials | 7.68% |
| 3 | Healthcare | 6.5% |
| 4 | Industrials | 5.87% |
| 5 | Consumer Discretionary | 4.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
Morgan Stanley
MS
$336B
| $356M | 0.15% |
2,237,400
+426,800
| +24% | +$63M |
|
77
Berkshire Hathaway Class B
BRK.B
$1.06T
| $352M | 0.15% |
700,331
+511,207
| +270% | +$248M |
|
78
LPL Financial
LPLA
$28.5B
| $350M | 0.15% |
1,053,168
+965,693
| +1,104% | +$350M |
|
79
Cheniere Energy
LNG
$57.3B
| $344M | 0.15% |
1,462,048
-57,566
| -4% | -$13.5M |
|
80
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $343M | 0.15% |
3,075,000
-1,095,100
| -26% | -$120M |
|
81
PUT
JPMorgan Chase
JPM
$935B
| $343M | 0.15% |
1,086,000
+85,500
| +9% | +$25.4M |
|
82
PUT
Palo Alto Networks
PANW
$292B
| $342M | 0.15% |
1,681,300
+571,700
| +52% | +$109M |
|
83
PUT
iShares MSCI EAFE ETF
EFA
$80B
| $341M | 0.15% |
3,653,500
+276,100
| +8% | +$25.1M |
|
84
Insmed
INSM
$27.5B
| $336M | 0.14% |
2,336,112
+214,395
| +10% | +$26.3M |
|
85
General Motors
GM
$77.2B
| $335M | 0.14% |
5,492,881
+2,490,401
| +83% | +$139M |
|
86
CALL
IBM
IBM
$222B
| $335M | 0.14% |
1,186,600
+857,200
| +260% | +$224M |
|
87
Sempra
SRE
$54.2B
| $334M | 0.14% |
3,707,402
+1,535,118
| +71% | +$124M |
|
88
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $332M | 0.14% |
3,314,700
-50,100
| -1% | -$4.51M |
|
89
Packaging Corp of America
PKG
$22.5B
| $331M | 0.14% |
1,516,562
+1,047,902
| +224% | +$216M |
|
90
PUT
Eli Lilly
LLY
$1.12T
| $329M | 0.14% |
431,400
+86,400
| +25% | +$64.3M |
|
91
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $329M | 0.14% |
4,050,000
+891,600
| +28% | +$71.8M |
|
92
S&P Global
SPGI
$127B
| $326M | 0.14% |
670,295
+623,524
| +1,333% | +$334M |
|
93
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $323M | 0.14% |
3,613,900
+1,652,800
| +84% | +$145M |
|
94
CALL
Alphabet (Google) Class A
GOOGL
$4.22T
| $320M | 0.14% |
1,317,700
-1,075,200
| -45% | -$225M |
|
95
Chevron
CVX
$403B
| $314M | 0.13% |
2,023,571
+1,558,770
| +335% | +$241M |
|
96
Cardinal Health
CAH
$53.4B
| $311M | 0.13% |
1,984,424
+706,689
| +55% | +$109M |
|
97
Carlyle Group
CG
$17.6B
| $309M | 0.13% |
4,930,069
+2,938,161
| +148% | +$184M |
|
98
Cencora
COR
$60.7B
| $308M | 0.13% |
985,924
+390,523
| +66% | +$115M |
|
99
Costco
COST
$420B
| $307M | 0.13% |
332,111
+172,851
| +109% | +$166M |
|
|
JHG
100
DELISTED
Janus Henderson
JHG
| $305M | 0.13% |
6,851,082
+1,154,481
| +20% | +$49.9M |
|
Similar funds
Israel Englander's Q3 2025 Portfolio in Review
As of Q3 2025, Israel Englander held 6,610 positions worth $234B, up 13% from $207B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2025 filing shows 800 new, 2,296 increased, 2,513 reduced and 633 closed positions. Its largest new stake was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M. The largest sale was Applovin, an estimated $1.19B.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
- Israel Englander's largest Q3 2025 buy was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M.
- Israel Englander added most to NVIDIA in Q3 2025, an estimated $1.78B increase.
- Israel Englander's biggest Q3 2025 reduction was Applovin, cutting an estimated $1.19B.
- Israel Englander fully exited Hess in Q3 2025, selling an estimated $478M.
- Israel Englander's ten largest holdings make up 18% of its $234B portfolio in Q3 2025.
- Israel Englander opened 800 new positions and closed 633 in Q3 2025.
- Israel Englander's portfolio value rose 13% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q3 2025, filed 14 Nov 2025.