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 | |
|---|---|---|---|---|---|---|
151
Corning
GLW
$129B
| $216M | 0.1% |
4,114,594
+978,258
| +31% | +$45.8M |
|
152
Cardinal Health
CAH
$53.4B
| $215M | 0.1% |
1,277,735
-128,254
| -9% | -$19M |
|
153
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $214M | 0.1% |
1,587,500
-417,600
| -21% | -$56.4M |
|
154
Insmed
INSM
$27.5B
| $214M | 0.1% |
2,121,717
+1,442,526
| +212% | +$110M |
|
155
PUT
iShares MSCI Canada ETF
EWC
$6.6B
| $211M | 0.1% |
4,576,000
+2,756,000
| +151% | +$119M |
|
156
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $209M | 0.1% |
5,124,200
+3,071,800
| +150% | +$122M |
|
157
Procter & Gamble
PG
$336B
| $208M | 0.1% |
1,307,339
+1,186,332
| +980% | +$194M |
|
158
McCormick & Company Non-Voting
MKC
$14.9B
| $208M | 0.1% |
2,743,852
+1,428,542
| +109% | +$107M |
|
159
PUT
CrowdStrike
CRWD
$195B
| $208M | 0.1% |
1,632,000
-681,200
| -29% | -$73.8M |
|
160
J.M. Smucker
SJM
$13.3B
| $208M | 0.1% |
2,113,483
+1,771,694
| +518% | +$195M |
|
|
SF
161
Stifel
SF
$12.2B
| $207M | 0.1% |
2,997,008
+2,012,436
| +204% | +$124M |
|
162
Bitwise Bitcoin ETF
BITB
$2.96B
| $206M | 0.1% |
3,515,698
-64,700
| -2% | -$3.47M |
|
163
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $204M | 0.1% |
3,432,200
+2,717,900
| +380% | +$151M |
|
164
PUT
Qualcomm
QCOM
$169B
| $201M | 0.1% |
1,264,200
-236,800
| -16% | -$34.9M |
|
165
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $199M | 0.1% |
1,119,100
-36,800
| -3% | -$6.08M |
|
|
166
CALL
Bank of America
BAC
$431B
| $198M | 0.1% |
4,186,300
+584,600
| +16% | +$24.6M |
|
167
Comcast
CMCSA
$95.3B
| $197M | 0.09% |
5,507,248
+3,556,637
| +182% | +$123M |
|
168
TransAlta
TAC
$3.86B
| $196M | 0.09% |
18,223,393
+1,760,501
| +11% | +$16.8M |
|
|
IPG
169
DELISTED
Interpublic Group of Companies
IPG
| $193M | 0.09% |
7,875,987
+5,461,461
| +226% | +$133M |
|
170
Invesco QQQ Trust
QQQ
$486B
| $192M | 0.09% |
347,838
-469,021
| -57% | -$233M |
|
|
XYZ
171
Block Inc
XYZ
$49.4B
| $191M | 0.09% |
2,810,396
+1,827,853
| +186% | +$106M |
|
172
PUT
Dollar Tree
DLTR
$25.3B
| $191M | 0.09% |
1,924,400
+24,300
| +1% | +$2.1M |
|
173
Chipotle Mexican Grill
CMG
$46.7B
| $190M | 0.09% |
3,390,474
+1,340,232
| +65% | +$68.2M |
|
174
PUT
TSMC
TSM
$2.17T
| $189M | 0.09% |
835,400
-381,100
| -31% | -$70.6M |
|
175
Lam Research
LRCX
$393B
| $189M | 0.09% |
1,939,007
-221,816
| -10% | -$17.6M |
|
Similar funds
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.