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
|
+$2.22B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 3 |
Danaher
DHR
|
+$293M |
| 4 |
Linde
LIN
|
+$281M |
| 5 |
Carlyle Group
CG
|
+$268M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$926M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$770M |
| 3 |
iShares Bitcoin Trust
IBIT
|
+$649M |
| 4 |
Meta Platforms (Facebook)
META
|
+$641M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$462M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 9% |
| 2 | Technology | 7.77% |
| 3 | Healthcare | 6.87% |
| 4 | Industrials | 5.56% |
| 5 | Consumer Discretionary | 5.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
PUT
Booking.com
BKNG
$158B
| $226M | 0.12% |
1,225,000
+45,000
| +4% | +$8.61M |
|
127
Dycom Industries
DY
$11.8B
| $226M | 0.12% |
1,481,394
+45,562
| +3% | +$7.85M |
|
128
PUT
UnitedHealth
UNH
$350B
| $226M | 0.12% |
430,700
+131,100
| +44% | +$67M |
|
129
PG&E
PCG
$38.8B
| $223M | 0.12% |
12,973,268
+377,740
| +3% | +$6.27M |
|
130
Agilent Technologies
A
$44.9B
| $223M | 0.12% |
1,904,976
+44,882
| +2% | +$6.05M |
|
131
CALL
iShares MSCI Emerging Markets ETF
EEM
$31.2B
| $222M | 0.12% |
5,087,700
-2,409,100
| -32% | -$105M |
|
132
PUT
Walmart Inc
WMT
$825B
| $222M | 0.12% |
2,526,700
-14,600
| -0.6% | -$1.37M |
|
133
T-Mobile US
TMUS
$196B
| $221M | 0.12% |
828,614
+664,175
| +404% | +$164M |
|
134
Atlassian
TEAM
$43.5B
| $220M | 0.12% |
1,036,192
+399,709
| +63% | +$105M |
|
135
Cooper Companies
COO
$14.9B
| $217M | 0.12% |
2,577,416
+707,166
| +38% | +$63.4M |
|
136
Blackrock
BLK
$179B
| $215M | 0.11% |
+227,394
| New | +$223M |
|
137
PUT
IBM
IBM
$222B
| $214M | 0.11% |
861,800
+552,600
| +179% | +$135M |
|
138
PUT
Alibaba
BABA
$286B
| $213M | 0.11% |
1,608,700
-706,500
| -31% | -$81.5M |
|
139
Affiliated Managers Group
AMG
$9.21B
| $213M | 0.11% |
1,265,655
+960,158
| +314% | +$167M |
|
140
Honeywell
HON
$68.4B
| $212M | 0.11% |
1,064,241
-30,032
| -3% | -$6.08M |
|
141
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.4B
| $211M | 0.11% |
1,610,900
+1,127,700
| +233% | +$152M |
|
142
Williams Companies
WMB
$86.2B
| $211M | 0.11% |
3,533,111
-369,462
| -9% | -$21.1M |
|
|
143
Alibaba
BABA
$286B
| $210M | 0.11% |
1,589,380
+427,826
| +37% | +$49.3M |
|
144
First American
FAF
$7.33B
| $210M | 0.11% |
3,192,862
-1,134,531
| -26% | -$71.8M |
|
145
Johnson & Johnson
JNJ
$651B
| $208M | 0.11% |
1,254,049
-492,196
| -28% | -$77M |
|
146
PUT
Oracle
ORCL
$422B
| $208M | 0.11% |
1,486,500
+559,600
| +60% | +$91.1M |
|
|
147
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.4B
| $207M | 0.11% |
1,580,000
+1,431,900
| +967% | +$193M |
|
|
EXE
148
Expand Energy Corp
EXE
$22.2B
| $206M | 0.11% |
1,854,791
+808,777
| +77% | +$84.1M |
|
149
PUT
CrowdStrike
CRWD
$195B
| $204M | 0.11% |
2,313,200
+954,000
| +70% | +$90.9M |
|
|
150
CALL
UnitedHealth
UNH
$350B
| $204M | 0.11% |
389,000
+107,500
| +38% | +$55M |
|
Similar funds
Israel Englander's Q1 2025 Portfolio in Review
As of Q1 2025, Israel Englander held 6,639 positions worth $188B, down 8.2% from $205B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $8.86B in Q1 2025, closing 852 positions and reducing 2,261 holdings. Its most notable exit was Verizon, an estimated $263M position sold in full.
By sector, the portfolio is most concentrated in Financials at 9% of assets, up from 8.3% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Israel Englander opened a new position in Blackrock worth $215M.
- Israel Englander's largest Q1 2025 buy was Blackrock: 227,394 shares worth $215M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q1 2025, an estimated $2.22B increase.
- Israel Englander's biggest Q1 2025 reduction was Broadcom, cutting an estimated $926M.
- Israel Englander fully exited Verizon in Q1 2025, selling an estimated $263M.
- Israel Englander's ten largest holdings make up 16% of its $188B portfolio in Q1 2025.
- Israel Englander opened 739 new positions and closed 852 in Q1 2025.
- Israel Englander's portfolio value fell 8.2% quarter-over-quarter to $188B.
Based on Millennium Management's 13F filing for Q1 2025, filed 15 May 2025.