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 | |
|---|---|---|---|---|---|---|
1776
PUT
DexCom
DXCM
$33.6B
| $15M | 0.01% |
225,600
+115,500
| +105% | +$7.47M |
|
1777
VanEck Semiconductor ETF
SMH
$65.9B
| $15M | 0.01% |
41,572
+38,773
| +1,385% | +$13.6M |
|
1778
PUT
HubSpot
HUBS
$11.8B
| $15M | 0.01% |
37,300
-6,000
| -14% | -$2.49M |
|
|
DVAX
1779
DELISTED
Dynavax Technologies
DVAX
| $15M | 0.01% |
972,481
-3,555,934
| -79% | -$39.2M |
|
1780
Biohaven
BHVN
$2.56B
| $15M | 0.01% |
1,324,247
+356,094
| +37% | +$4.41M |
|
1781
Logitech
LOGI
$14.3B
| $14.9M | 0.01% |
149,163
-787
| -0.5% | -$88.5K |
|
1782
Fortuna Silver Mines
FSM
$3.67B
| $14.9M | 0.01% |
1,523,049
-2,608,851
| -63% | -$23.5M |
|
1783
Arvinas
ARVN
$609M
| $14.9M | 0.01% |
1,259,441
-872,114
| -41% | -$9.52M |
|
1784
Main Street Capital
MAIN
$5.46B
| $14.9M | 0.01% |
247,063
+200,867
| +435% | +$11.8M |
|
1785
Rapid7
RPD
$795M
| $14.9M | 0.01% |
981,190
+499,603
| +104% | +$8.22M |
|
|
PLYM
1786
DELISTED
Plymouth Industrial REIT
PLYM
| $14.9M | 0.01% |
+681,413
| New | +$15M |
|
1787
CALL
e.l.f. Beauty
ELF
$6.31B
| $14.9M | 0.01% |
195,800
+112,500
| +135% | +$11.1M |
|
1788
CALL
Elastic
ESTC
$8.24B
| $14.9M | 0.01% |
197,100
+80,400
| +69% | +$6.56M |
|
1789
Jackson Financial
JXN
$9.05B
| $14.9M | 0.01% |
139,347
-206,856
| -60% | -$20.6M |
|
|
DMII
1790
Drugs Made In America Acquisition II Corp
DMII
$645M
| $14.8M | 0.01% |
+1,500,000
| New | +$14.8M |
|
1791
Generac Holdings
GNRC
$12.2B
| $14.8M | 0.01% |
108,815
+16,502
| +18% | +$2.66M |
|
1792
Embecta
EMBC
$281M
| $14.8M | 0.01% |
1,248,539
-187,869
| -13% | -$2.48M |
|
1793
Pegasystems
PEGA
$5.56B
| $14.8M | 0.01% |
248,250
-31,259
| -11% | -$1.83M |
|
|
P
1794
CALL
Everpure Inc
P
$36.2B
| $14.8M | 0.01% |
221,100
+53,600
| +32% | +$4.48M |
|
1795
Public Service Enterprise Group
PEG
$36.9B
| $14.8M | 0.01% |
184,494
-2,633,921
| -93% | -$215M |
|
|
UNIT
1796
Uniti Group
UNIT
$2.47B
| $14.8M | 0.01% |
2,112,786
+1,077,006
| +104% | +$6.82M |
|
1797
Vanda Pharmaceuticals
VNDA
$323M
| $14.8M | 0.01% |
1,679,013
-1,571,823
| -48% | -$8.65M |
|
1798
Acadia Pharmaceuticals
ACAD
$5.1B
| $14.8M | 0.01% |
553,674
-929,561
| -63% | -$22.2M |
|
1799
CALL
Cheniere Energy
LNG
$58.7B
| $14.8M | 0.01% |
76,000
-43,800
| -37% | -$9.2M |
|
1800
Inter&Co
INTR
$2.44B
| $14.8M | 0.01% |
1,741,713
+349,091
| +25% | +$3.09M |
|
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.