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 |
NVIDIA
NVDA
|
+$1.78B |
| 2 |
Apple
AAPL
|
+$1.13B |
| 3 |
ETHA
iShares Ethereum Trust ETF
ETHA
|
+$834M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$784M |
| 5 |
Norfolk Southern
NSC
|
+$613M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applovin
APP
|
+$1.19B |
| 2 |
Palantir
PLTR
|
+$742M |
| 3 |
HES
Hess
HES
|
+$478M |
| 4 |
Oracle
ORCL
|
+$465M |
| 5 |
Thomson Reuters
TRI
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.28% |
| 2 | Financials | 7.68% |
| 3 | Healthcare | 6.5% |
| 4 | Industrials | 5.87% |
| 5 | Consumer Discretionary | 4.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
Nokia
NOK
$58.1B
| $17.7M | 0.01% |
3,673,851
-2,504,136
| -41% | -$11.3M |
|
1727
CALL
Intuitive Surgical
ISRG
$131B
| $17.7M | 0.01% |
39,500
-120,000
| -75% | -$57.6M |
|
1728
PUT
Delta Air Lines
DAL
$54.6B
| $17.7M | 0.01% |
311,200
-25,700
| -8% | -$1.47M |
|
1729
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.41B
| $17.7M | 0.01% |
159,300
-699,900
| -81% | -$76.8M |
|
1730
PUT
AngloGold Ashanti
AU
$59.7B
| $17.6M | 0.01% |
250,200
-31,100
| -11% | -$1.74M |
|
|
ECHO
1731
EchoStar
ECHO
$24.9B
| $17.6M | 0.01% |
229,866
-504,539
| -69% | -$22.8M |
|
1732
nCino
NCNO
$2.36B
| $17.5M | 0.01% |
645,481
-132,939
| -17% | -$3.88M |
|
1733
Arm
ARM
$268B
| $17.5M | 0.01% |
123,600
+96,896
| +363% | +$14.1M |
|
1734
OrthoPediatrics
KIDS
$627M
| $17.5M | 0.01% |
943,655
+162,628
| +21% | +$3.35M |
|
1735
PUT
ResMed
RMD
$34B
| $17.5M | 0.01% |
63,800
+30,400
| +91% | +$8.3M |
|
1736
Kyndryl
KD
$2.76B
| $17.4M | 0.01% |
580,607
+489,466
| +537% | +$16.8M |
|
1737
Armstrong World Industries
AWI
$7.51B
| $17.4M | 0.01% |
88,910
-89,736
| -50% | -$16.7M |
|
1738
CALL
Hewlett Packard
HPE
$73.1B
| $17.4M | 0.01% |
709,200
-165,000
| -19% | -$3.65M |
|
1739
Energy Vault
NRGV
$673M
| $17.4M | 0.01% |
5,858,734
+3,430,094
| +141% | +$5.63M |
|
1740
BlackLine
BL
$1.82B
| $17.4M | 0.01% |
327,642
+68,492
| +26% | +$3.7M |
|
1741
Vera Therapeutics
VERA
$2.65B
| $17.4M | 0.01% |
598,454
+379,623
| +173% | +$8.78M |
|
1742
PUT
KKR & Co
KKR
$97.4B
| $17.3M | 0.01% |
133,400
| – | – |
|
1743
Winnebago Industries
WGO
$871M
| $17.3M | 0.01% |
516,513
-410,745
| -44% | -$13.5M |
|
1744
CALL
Jabil
JBL
$32.6B
| $17.3M | 0.01% |
79,500
+42,300
| +114% | +$9.21M |
|
1745
S&T Bancorp
STBA
$1.76B
| $17.3M | 0.01% |
459,153
+115,333
| +34% | +$4.43M |
|
1746
loanDepot
LDI
$298M
| $17.3M | 0.01% |
5,620,553
+4,842,751
| +623% | +$11.2M |
|
1747
NovoCure
NVCR
$2.08B
| $17.3M | 0.01% |
1,335,490
+688,710
| +106% | +$9.2M |
|
1748
CALL
Cigna
CI
$74.2B
| $17.2M | 0.01% |
59,800
+24,400
| +69% | +$7.22M |
|
1749
Sally Beauty Holdings
SBH
$1.55B
| $17.2M | 0.01% |
1,058,358
+591,426
| +127% | +$7.44M |
|
|
VBTX
1750
DELISTED
Veritex Holdings
VBTX
| $17.2M | 0.01% |
513,669
-989,496
| -66% | -$31.9M |
|
Similar funds
Israel Englander's Q3 2025 Portfolio in Review
As of Q3 2025, Israel Englander held 6,610 positions worth $234B, up 13% from $207B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2025 filing shows 800 new, 2,296 increased, 2,513 reduced and 633 closed positions. Its largest new stake was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M. The largest sale was Applovin, an estimated $1.19B.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
- Israel Englander's largest Q3 2025 buy was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M.
- Israel Englander added most to NVIDIA in Q3 2025, an estimated $1.78B increase.
- Israel Englander's biggest Q3 2025 reduction was Applovin, cutting an estimated $1.19B.
- Israel Englander fully exited Hess in Q3 2025, selling an estimated $478M.
- Israel Englander's ten largest holdings make up 18% of its $234B portfolio in Q3 2025.
- Israel Englander opened 800 new positions and closed 633 in Q3 2025.
- Israel Englander's portfolio value rose 13% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q3 2025, filed 14 Nov 2025.