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 | |
|---|---|---|---|---|---|---|
126
CVS Health
CVS
$119B
| $275M | 0.12% |
3,464,096
-1,914,052
| -36% | -$151M |
|
|
B
127
Barrick Mining
B
$78.3B
| $274M | 0.12% |
6,287,372
-2,901,659
| -32% | -$109M |
|
128
PG&E
PCG
$38.8B
| $270M | 0.11% |
16,804,595
+9,811,421
| +140% | +$157M |
|
129
Vertiv
VRT
$101B
| $268M | 0.11% |
1,655,245
+998,034
| +152% | +$173M |
|
130
PUT
Palo Alto Networks
PANW
$292B
| $267M | 0.11% |
1,450,800
-230,500
| -14% | -$46.5M |
|
131
US Bancorp
USB
$96.7B
| $266M | 0.11% |
4,976,979
-734,709
| -13% | -$36.1M |
|
132
PUT
Intel
INTC
$476B
| $262M | 0.11% |
7,096,500
+3,104,200
| +78% | +$117M |
|
133
Honeywell
HON
$68.4B
| $261M | 0.11% |
1,339,184
+128,859
| +11% | +$25.2M |
|
|
HOLX
134
DELISTED
Hologic
HOLX
| $261M | 0.11% |
3,500,016
+581,513
| +20% | +$42.5M |
|
135
CALL
Strategy Inc
MSTR
$47.4B
| $260M | 0.11% |
1,709,400
+1,538,400
| +900% | +$354M |
|
136
Home Depot
HD
$335B
| $259M | 0.11% |
752,052
+301,628
| +67% | +$110M |
|
137
Dover
DOV
$27.2B
| $258M | 0.11% |
1,322,901
+793,319
| +150% | +$145M |
|
138
CALL
Advanced Micro Devices
AMD
$773B
| $257M | 0.11% |
1,198,400
-539,800
| -31% | -$121M |
|
|
RAL
139
Ralliant Corp
RAL
$7.04B
| $253M | 0.11% |
4,973,001
+3,147,660
| +172% | +$148M |
|
140
CALL
Mastercard
MA
$509B
| $253M | 0.11% |
443,300
-40,500
| -8% | -$22.6M |
|
141
Costco
COST
$420B
| $252M | 0.11% |
291,896
-40,215
| -12% | -$36.4M |
|
142
CALL
Oracle
ORCL
$422B
| $248M | 0.1% |
1,270,200
+726,100
| +133% | +$173M |
|
143
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $247M | 0.1% |
4,505,000
-4,278,900
| -49% | -$228M |
|
144
PUT
Applied Materials
AMAT
$391B
| $246M | 0.1% |
956,400
-212,800
| -18% | -$51M |
|
145
CALL
Micron Technology
MU
$1.09T
| $245M | 0.1% |
858,700
+163,700
| +24% | +$37.6M |
|
146
Suncor Energy
SU
$80B
| $243M | 0.1% |
5,478,063
+3,301,391
| +152% | +$140M |
|
147
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.2B
| $242M | 0.1% |
1,986,900
-1,327,800
| -40% | -$152M |
|
148
Ameriprise Financial
AMP
$49.1B
| $242M | 0.1% |
493,941
+83,322
| +20% | +$39.5M |
|
|
CMA
149
DELISTED
Comerica
CMA
| $242M | 0.1% |
2,785,209
-322,238
| -10% | -$25.9M |
|
150
PUT
ASML
ASML
$677B
| $240M | 0.1% |
224,500
-78,400
| -26% | -$81.8M |
|
Similar funds
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.