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 | |
|---|---|---|---|---|---|---|
976
PUT
Unity
U
$20.3B
| $38.4M | 0.02% |
868,800
+363,800
| +72% | +$14.8M |
|
977
PUT
Northrop Grumman
NOC
$78B
| $38.3M | 0.02% |
67,200
+3,400
| +5% | +$1.97M |
|
978
Camtek
CAMT
$6.64B
| $38.2M | 0.02% |
359,530
-119,523
| -25% | -$13.4M |
|
979
Canadian National Railway
CNI
$77.1B
| $38.1M | 0.02% |
+385,156
| New | +$37M |
|
980
Viavi Solutions
VIAV
$9.12B
| $38.1M | 0.02% |
2,136,891
+973,555
| +84% | +$15.7M |
|
981
PUT
American Airlines Group
AAL
$9.02B
| $38.1M | 0.02% |
2,483,600
+448,700
| +22% | +$6.05M |
|
|
HUT
982
Hut 8
HUT
$9.81B
| $38M | 0.02% |
826,839
-490,842
| -37% | -$21.6M |
|
983
PUT
Airbnb
ABNB
$112B
| $37.9M | 0.02% |
279,200
-250,500
| -47% | -$31.2M |
|
984
Nasdaq
NDAQ
$55.2B
| $37.8M | 0.02% |
388,906
+46,024
| +13% | +$4.14M |
|
985
Berkshire Hathaway Class A
BRK.A
$1.08T
| $37.7M | 0.02% |
50
+19
| +61% | +$14.2M |
|
986
Virtu Financial
VIRT
$5.85B
| $37.7M | 0.02% |
1,132,346
+811,747
| +253% | +$27.8M |
|
987
PUT
Reddit
RDDT
$29.4B
| $37.6M | 0.02% |
163,600
-26,500
| -14% | -$5.57M |
|
988
Uber
UBER
$162B
| $37.6M | 0.02% |
459,843
-14,248
| -3% | -$1.28M |
|
989
ASML
ASML
$668B
| $37.5M | 0.02% |
35,092
-13,592
| -28% | -$14.2M |
|
990
PUT
D.R. Horton
DHI
$41.7B
| $37.4M | 0.02% |
259,500
+194,200
| +297% | +$29.6M |
|
991
Modine Manufacturing
MOD
$10B
| $37.3M | 0.02% |
279,753
-6,481
| -2% | -$965K |
|
992
Patterson-UTI
PTEN
$4.52B
| $37.2M | 0.02% |
6,096,077
-2,893,274
| -32% | -$17.3M |
|
993
PUT
Ford
F
$55.5B
| $37.2M | 0.02% |
2,836,800
+335,000
| +13% | +$4.32M |
|
994
C.H. Robinson
CHRW
$16.7B
| $37.2M | 0.02% |
231,469
-575,901
| -71% | -$85.1M |
|
995
US Foods
USFD
$23.7B
| $37.1M | 0.02% |
492,650
-2,829
| -0.6% | -$212K |
|
|
996
Unity
U
$20.3B
| $37.1M | 0.02% |
839,802
+811,137
| +2,830% | +$33.1M |
|
997
Devon Energy
DVN
$53.1B
| $36.9M | 0.02% |
1,008,491
-2,299,052
| -70% | -$80.3M |
|
998
ARS Pharmaceuticals
SPRY
$532M
| $36.9M | 0.02% |
+3,168,406
| New | +$30.8M |
|
999
Ingersoll Rand
IR
$31B
| $36.9M | 0.02% |
465,727
-418,605
| -47% | -$33M |
|
1000
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $36.9M | 0.02% |
358,000
-172,800
| -33% | -$18.4M |
|
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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.