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 | Miscellaneous | 51.24% |
| 2 | Technology | 9.52% |
| 3 | Healthcare | 7.46% |
| 4 | Financials | 6.74% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
PUT
Cadence Design Systems
CDNS
$95.7B
| $13.6M | 0.01% |
43,400
-14,300
| -25% | -$4.67M |
|
|
VOYG
1877
Voyager Technologies
VOYG
$2.12B
| $13.5M | 0.01% |
518,289
-35,920
| -6% | -$974K |
|
1878
enGene Therapeutics
ENGN
$128M
| $13.5M | 0.01% |
1,499,520
+1,479,018
| +7,214% | +$11.9M |
|
1879
PUT
Keurig Dr Pepper
KDP
$43.4B
| $13.5M | 0.01% |
482,400
+352,700
| +272% | +$9.69M |
|
1880
PUT
Quanta Services
PWR
$93.5B
| $13.5M | 0.01% |
32,000
+10,600
| +50% | +$4.66M |
|
1881
CALL
Kraft Heinz
KHC
$29.8B
| $13.5M | 0.01% |
556,200
-215,400
| -28% | -$5.36M |
|
1882
PUT
Nucor
NUE
$57.3B
| $13.5M | 0.01% |
82,600
+3,600
| +5% | +$541K |
|
|
FISV
1883
CALL
Fiserv Inc
FISV
$28B
| $13.5M | 0.01% |
200,500
+59,200
| +42% | +$4.96M |
|
1884
Truist Financial
TFC
$61.4B
| $13.5M | 0.01% |
273,472
-2,408,622
| -90% | -$111M |
|
1885
Kosmos Energy
KOS
$1.71B
| $13.5M | 0.01% |
14,827,966
-1,351,482
| -8% | -$1.78M |
|
|
XRPC
1886
Canary XRP ETF
XRPC
$337M
| $13.5M | 0.01% |
+691,595
| New | +$15M |
|
1887
Adient
ADNT
$1.45B
| $13.4M | 0.01% |
700,833
-78,442
| -10% | -$1.65M |
|
1888
Leidos
LDOS
$17.6B
| $13.4M | 0.01% |
74,466
-839
| -1% | -$159K |
|
1889
United Natural Foods
UNFI
$2.86B
| $13.4M | 0.01% |
398,946
+359,541
| +912% | +$13.4M |
|
1890
PUT
Hilton Worldwide
HLT
$73.3B
| $13.4M | 0.01% |
46,700
-6,000
| -11% | -$1.63M |
|
1891
First Merchants
FRME
$2.62B
| $13.4M | 0.01% |
357,426
+124,162
| +53% | +$4.6M |
|
1892
Thor Industries
THO
$3.97B
| $13.4M | 0.01% |
130,418
+124,032
| +1,942% | +$12.9M |
|
1893
CALL
Baker Hughes
BKR
$61.7B
| $13.4M | 0.01% |
293,800
+40,000
| +16% | +$1.9M |
|
1894
CALL
Halliburton
HAL
$29.6B
| $13.3M | 0.01% |
470,900
+77,600
| +20% | +$2.05M |
|
1895
Werner Enterprises
WERN
$2.31B
| $13.3M | 0.01% |
442,427
+326,276
| +281% | +$8.96M |
|
|
SA
1896
Seabridge Gold
SA
$3.67B
| $13.3M | 0.01% |
448,617
+122,145
| +37% | +$3.21M |
|
1897
CALL
SAP
SAP
$255B
| $13.3M | 0.01% |
54,600
-269,900
| -83% | -$68.8M |
|
1898
CALL
Coupang
CPNG
$29.2B
| $13.3M | 0.01% |
561,700
-9,700
| -2% | -$276K |
|
1899
QuantumScape Corp
QS
$3.63B
| $13.2M | 0.01% |
1,270,297
-879,795
| -41% | -$12.1M |
|
1900
CALL
Altria Group
MO
$113B
| $13.2M | 0.01% |
228,700
+111,900
| +96% | +$6.76M |
|
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 Miscellaneous at 51% of assets, down from 53% a quarter earlier, followed by Technology and Healthcare.
- 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.