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 | |
|---|---|---|---|---|---|---|
1026
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $35.4M | 0.01% |
780,000
-50,000
| -6% | -$2.21M |
|
1027
AerCap
AER
$23.2B
| $35.4M | 0.01% |
246,014
-115,517
| -32% | -$15.3M |
|
1028
Freshworks
FRSH
$3.44B
| $35.3M | 0.01% |
2,881,217
-240,822
| -8% | -$2.85M |
|
|
Q
1029
Qnity Electronics Inc
Q
$26.4B
| $35.2M | 0.01% |
+430,497
| New | +$36.6M |
|
|
CURB
1030
Curbline Properties
CURB
$3.43B
| $35.1M | 0.01% |
1,514,222
+262,778
| +21% | +$6.13M |
|
1031
Cenovus Energy
CVE
$59.3B
| $35.1M | 0.01% |
2,076,407
-743,308
| -26% | -$12.9M |
|
1032
State Street Energy Select Sector SPDR ETF
XLE
$41.5B
| $35.1M | 0.01% |
784,377
+381,303
| +95% | +$17M |
|
1033
Sunrun
RUN
$2.15B
| $35M | 0.01% |
1,903,153
+169,612
| +10% | +$3.25M |
|
|
B
1034
PUT
Barrick Mining
B
$79.3B
| $35M | 0.01% |
803,900
+311,400
| +63% | +$11.7M |
|
1035
Delta Air Lines
DAL
$54.2B
| $34.7M | 0.01% |
500,545
-1,930,017
| -79% | -$121M |
|
1036
American Financial Group
AFG
$12B
| $34.7M | 0.01% |
253,932
+167,834
| +195% | +$23M |
|
1037
Coca-Cola Consolidated
COKE
$12.8B
| $34.6M | 0.01% |
225,947
+24,299
| +12% | +$3.56M |
|
1038
Fortrea Holdings
FTRE
$1.74B
| $34.6M | 0.01% |
2,004,626
+651,416
| +48% | +$8.05M |
|
1039
Phathom Pharmaceuticals
PHAT
$701M
| $34.5M | 0.01% |
2,082,180
-2,999,271
| -59% | -$42.8M |
|
1040
Prologis
PLD
$136B
| $34.5M | 0.01% |
270,579
-709,621
| -72% | -$88.5M |
|
1041
PUT
DraftKings
DKNG
$12.9B
| $34.5M | 0.01% |
1,001,000
-400,200
| -29% | -$13.2M |
|
1042
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.3B
| $34.5M | 0.01% |
288,748
+28,564
| +11% | +$3.39M |
|
1043
PUT
Carnival Corporation Ltd
CCL
$35.2B
| $34.4M | 0.01% |
1,127,300
+318,500
| +39% | +$8.88M |
|
|
STEL
1044
DELISTED
Stellar Bancorp
STEL
| $34.4M | 0.01% |
1,112,352
-125,478
| -10% | -$3.86M |
|
1045
Cadence Design Systems
CDNS
$87B
| $34.3M | 0.01% |
109,754
+18,857
| +21% | +$6.15M |
|
1046
Cirrus Logic
CRUS
$5.6B
| $34.3M | 0.01% |
289,330
-165,929
| -36% | -$20.4M |
|
1047
Vita Coco
COCO
$3.67B
| $34.3M | 0.01% |
646,136
-579,667
| -47% | -$27.2M |
|
1048
Macy's
M
$6.1B
| $34.2M | 0.01% |
1,552,562
+331,774
| +27% | +$6.79M |
|
1049
Kiniksa Pharmaceuticals
KNSA
$6.19B
| $34M | 0.01% |
825,285
-188,840
| -19% | -$7.58M |
|
1050
Global X Uranium ETF
URA
$6.41B
| $33.9M | 0.01% |
794,482
+783,852
| +7,374% | +$37.9M |
|
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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.