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 | |
|---|---|---|---|---|---|---|
1101
Brookfield Asset Management
BAM
$83.6B
| $32M | 0.01% |
611,427
-283,559
| -32% | -$15.2M |
|
|
JBS
1102
JBS N.V.
JBS
$45.7B
| $32M | 0.01% |
2,217,350
-3,771,347
| -63% | -$51.8M |
|
1103
CALL
GSK
GSK
$104B
| $31.8M | 0.01% |
649,400
+150,700
| +30% | +$7.03M |
|
1104
Axogen
AXGN
$2.65B
| $31.8M | 0.01% |
971,358
+930,126
| +2,256% | +$22.9M |
|
1105
Parsons
PSN
$5.21B
| $31.7M | 0.01% |
513,630
+465,785
| +974% | +$36.5M |
|
1106
CALL
Steel Dynamics
STLD
$32.9B
| $31.7M | 0.01% |
187,000
+168,500
| +911% | +$26.8M |
|
1107
Immunocore
IMCR
$1.89B
| $31.6M | 0.01% |
911,597
-354,368
| -28% | -$12.5M |
|
1108
Westlake Corp
WLK
$9.78B
| $31.6M | 0.01% |
427,754
+321,434
| +302% | +$22.9M |
|
1109
AMN Healthcare
AMN
$1.34B
| $31.6M | 0.01% |
2,005,966
+718,048
| +56% | +$12.8M |
|
1110
Equity Lifestyle Properties
ELS
$12.8B
| $31.6M | 0.01% |
521,425
-188,400
| -27% | -$11.6M |
|
1111
Urban Outfitters
URBN
$6.51B
| $31.6M | 0.01% |
419,625
+263,738
| +169% | +$18.7M |
|
1112
Huntsman Corp
HUN
$1.68B
| $31.6M | 0.01% |
3,155,872
-189,600
| -6% | -$1.74M |
|
1113
CALL
Twilio
TWLO
$34.2B
| $31.5M | 0.01% |
221,700
+62,300
| +39% | +$7.72M |
|
1114
Avnet
AVT
$7.08B
| $31.5M | 0.01% |
654,695
+281,273
| +75% | +$13.8M |
|
1115
CALL
BCE
BCE
$22.2B
| $31.4M | 0.01% |
960,000
-508,100
| -35% | -$11.8M |
|
1116
Transocean
RIG
$6.44B
| $31.4M | 0.01% |
7,596,497
-676,065
| -8% | -$2.63M |
|
1117
Vital Farms
VITL
$476M
| $31.3M | 0.01% |
980,423
+113,202
| +13% | +$3.98M |
|
1118
Element Solutions
ESI
$8.52B
| $31.3M | 0.01% |
1,253,031
+360,959
| +40% | +$9.37M |
|
1119
PUT
Expedia Group
EXPE
$40.7B
| $31.3M | 0.01% |
110,400
+59,300
| +116% | +$14.7M |
|
1120
United Therapeutics
UTHR
$22B
| $31.2M | 0.01% |
64,073
-194,504
| -75% | -$90.6M |
|
1121
Phillips 66
PSX
$96.5B
| $31.2M | 0.01% |
241,899
-542,935
| -69% | -$73.1M |
|
1122
CALL
Dell
DELL
$280B
| $31.2M | 0.01% |
247,900
-116,900
| -32% | -$16.5M |
|
1123
Royal Caribbean
RCL
$78.4B
| $31.2M | 0.01% |
111,817
+87,967
| +369% | +$24.8M |
|
1124
CryoPort
CYRX
$828M
| $31.2M | 0.01% |
3,244,802
+623,896
| +24% | +$5.89M |
|
1125
CALL
S&P Global
SPGI
$128B
| $31.1M | 0.01% |
59,600
-31,600
| -35% | -$15.6M |
|
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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.