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 |
Applovin
APP
|
+$751M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$692M |
| 3 |
Palantir
PLTR
|
+$434M |
| 4 |
Union Pacific
UNP
|
+$377M |
| 5 |
AbbVie
ABBV
|
+$367M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.74B |
| 2 |
Meta Platforms (Facebook)
META
|
+$602M |
| 3 |
Bank of America
BAC
|
+$600M |
| 4 |
Wells Fargo
WFC
|
+$568M |
| 5 |
Broadcom
AVGO
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.73% |
| 2 | Financials | 7.42% |
| 3 | Healthcare | 6.65% |
| 4 | Industrials | 6.3% |
| 5 | Consumer Discretionary | 5.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
Kinetik
KNTK
$4.36B
| $20.2M | 0.01% |
459,267
+326,734
| +247% | +$14.3M |
|
1502
PUT
TJX Companies
TJX
$154B
| $20.2M | 0.01% |
163,700
-178,200
| -52% | -$22.6M |
|
1503
Ashland
ASH
$3.38B
| $20.2M | 0.01% |
401,786
+117,332
| +41% | +$5.97M |
|
1504
CALL
Deere & Co
DE
$170B
| $20.2M | 0.01% |
39,700
-23,400
| -37% | -$11.5M |
|
1505
CALL
GitLab
GTLB
$7.04B
| $20.2M | 0.01% |
446,900
+28,500
| +7% | +$1.3M |
|
1506
State Street Materials Select Sector SPDR ETF
XLB
$8.88B
| $20.2M | 0.01% |
459,146
-2,084,300
| -82% | -$88.4M |
|
1507
PUT
Affirm
AFRM
$26.1B
| $20.1M | 0.01% |
291,400
+172,500
| +145% | +$8.94M |
|
1508
O-I Glass
OI
$1.15B
| $20.1M | 0.01% |
1,366,358
+66,949
| +5% | +$856K |
|
1509
CALL
Mercado Libre
MELI
$101B
| $20.1M | 0.01% |
7,700
-3,000
| -28% | -$7.01M |
|
1510
Banco Macro
BMA
$4.97B
| $20.1M | 0.01% |
286,592
+255,223
| +814% | +$21.1M |
|
1511
PUT
Regeneron Pharmaceuticals
REGN
$85.8B
| $20.1M | 0.01% |
38,200
-2,700
| -7% | -$1.51M |
|
1512
Warby Parker
WRBY
$3.21B
| $20M | 0.01% |
913,806
-1,411,686
| -61% | -$26.1M |
|
1513
CALL
FedEx
FDX
$79B
| $20M | 0.01% |
88,100
-55,400
| -39% | -$12.1M |
|
1514
CALL
Evercore
EVR
$11.1B
| $20M | 0.01% |
74,000
-21,000
| -22% | -$4.62M |
|
1515
CALL
Warner Bros
WBD
$72.5B
| $20M | 0.01% |
1,743,300
+535,100
| +44% | +$4.99M |
|
1516
Coty
COTY
$2.35B
| $20M | 0.01% |
4,292,497
+3,170,291
| +283% | +$15.7M |
|
1517
PUT
TC Energy
TRP
$64.4B
| $19.9M | 0.01% |
300,000
| – | – |
|
1518
Vontier
VNT
$4.51B
| $19.9M | 0.01% |
540,344
-727,145
| -57% | -$24.8M |
|
1519
Cactus
WHD
$5.39B
| $19.9M | 0.01% |
456,035
-175,090
| -28% | -$7.31M |
|
1520
M&T Bank
MTB
$34.7B
| $19.9M | 0.01% |
102,769
-267,343
| -72% | -$47.2M |
|
1521
Markel Group
MKL
$22.4B
| $19.9M | 0.01% |
9,980
+8,632
| +640% | +$16.2M |
|
1522
iShares MSCI Brazil ETF
EWZ
$8.23B
| $19.9M | 0.01% |
690,292
-8,609
| -1% | -$232K |
|
1523
NVR
NVR
$17.1B
| $19.9M | 0.01% |
2,696
-1,189
| -31% | -$8.52M |
|
1524
PUT
Prologis
PLD
$136B
| $19.9M | 0.01% |
189,300
+5,100
| +3% | +$535K |
|
|
CTRA
1525
DELISTED
Coterra Energy
CTRA
| $19.9M | 0.01% |
782,948
-733,835
| -48% | -$18.6M |
|
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Israel Englander's Q2 2025 Portfolio in Review
As of Q2 2025, Israel Englander held 6,516 positions worth $207B, up 10% from $188B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander's Q2 2025 filing shows 738 new, 2,295 increased, 2,418 reduced and 712 closed positions. Its largest new stake was Bank of America Series L: 164,000 shares worth $197K. The largest sale was iShares Core S&P 500 ETF, an estimated $1.74B.
By sector, the portfolio is most concentrated in Technology at 8.7% of assets, up from 7.8% a quarter earlier, followed by Financials and Healthcare.
- Israel Englander's largest Q2 2025 buy was Bank of America Series L: 164,000 shares worth $197K.
- Israel Englander added most to Applovin in Q2 2025, an estimated $751M increase.
- Israel Englander's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $1.74B.
- Israel Englander fully exited Discover Financial Services in Q2 2025, selling an estimated $282M.
- Israel Englander's ten largest holdings make up 16% of its $207B portfolio in Q2 2025.
- Israel Englander opened 738 new positions and closed 712 in Q2 2025.
- Israel Englander's portfolio value rose 10% quarter-over-quarter to $207B.
Based on Millennium Management's 13F filing for Q2 2025, filed 14 Aug 2025.