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 | |
|---|---|---|---|---|---|---|
|
AXON
2001
Axon Enterprise
AXON
$49.7B
| $11.9M | 0.01% |
20,972
+18,482
| +742% | +$11.5M |
|
2002
CALL
Logitech
LOGI
$14B
| $11.9M | 0.01% |
128,100
+63,600
| +99% | +$7.15M |
|
2003
Moderna
MRNA
$57B
| $11.9M | 0.01% |
403,635
-763,825
| -65% | -$20.8M |
|
2004
CALL
Southwest Airlines
LUV
$19.5B
| $11.9M | 0.01% |
288,000
+255,200
| +778% | +$8.91M |
|
|
INGM
2005
Ingram Micro Holding
INGM
$6.76B
| $11.9M | 0.01% |
556,737
+17,000
| +3% | +$369K |
|
2006
F&G Annuities & Life
FG
$3.09B
| $11.9M | 0.01% |
385,028
+214,118
| +125% | +$6.7M |
|
|
PLGO
2007
Pelagos Insurance Capital
PLGO
$2.09B
| $11.9M | 0.01% |
606,158
-318,222
| -34% | -$5.93M |
|
2008
Innovative Industrial Properties
IIPR
$1.56B
| $11.8M | 0.01% |
250,053
+140,826
| +129% | +$7.29M |
|
2009
Sotera Health
SHC
$5.56B
| $11.8M | 0.01% |
671,314
+627,309
| +1,426% | +$10.4M |
|
2010
Otter Tail
OTTR
$3.85B
| $11.8M | 0.01% |
146,518
+16,235
| +12% | +$1.32M |
|
2011
PUT
Baker Hughes
BKR
$61.7B
| $11.8M | 0.01% |
259,400
+3,500
| +1% | +$166K |
|
2012
Northwest Bancshares
NWBI
$2.25B
| $11.8M | 0.01% |
984,171
+519,356
| +112% | +$6.32M |
|
2013
Armstrong World Industries
AWI
$7.42B
| $11.8M | 0.01% |
61,761
-27,149
| -31% | -$5.18M |
|
2014
PUT
Hecla Mining
HL
$14.4B
| $11.8M | 0.01% |
+614,300
| New | +$9.38M |
|
2015
Aurinia Pharmaceuticals
AUPH
$2.19B
| $11.8M | 0.01% |
738,306
+637,733
| +634% | +$9.04M |
|
|
RHLD
2016
Resolute Holdings Management
RHLD
$1.05B
| $11.8M | ﹤0.01% |
56,945
+10,365
| +22% | +$1.53M |
|
2017
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.2B
| $11.7M | ﹤0.01% |
75,700
+10,000
| +15% | +$1.54M |
|
2018
JD.com
JD
$38.5B
| $11.7M | ﹤0.01% |
408,989
-575,849
| -58% | -$18M |
|
2019
LCI Industries
LCII
$2.49B
| $11.7M | ﹤0.01% |
96,657
+35,797
| +59% | +$3.81M |
|
2020
Jabil
JBL
$32.7B
| $11.7M | ﹤0.01% |
51,397
-39,562
| -43% | -$8.44M |
|
2021
CALL
KKR & Co
KKR
$98.1B
| $11.7M | ﹤0.01% |
91,900
-4,200
| -4% | -$522K |
|
|
FIG
2022
Figma
FIG
$16.3B
| $11.7M | ﹤0.01% |
313,493
+306,493
| +4,378% | +$13.8M |
|
2023
PVH
PVH
$3.51B
| $11.7M | ﹤0.01% |
174,714
+66,186
| +61% | +$5.18M |
|
|
PCH
2024
DELISTED
PotlatchDeltic
PCH
| $11.7M | ﹤0.01% |
294,330
-994,312
| -77% | -$40.3M |
|
2025
Service Corp International
SCI
$11.4B
| $11.7M | ﹤0.01% |
149,931
-3,340
| -2% | -$267K |
|
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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.