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 | |
|---|---|---|---|---|---|---|
2026
CALL
Lyft
LYFT
$6.57B
| $11.7M | ﹤0.01% |
603,500
-3,236,500
| -84% | -$67.3M |
|
2027
CALL
GE HealthCare
GEHC
$32.7B
| $11.7M | ﹤0.01% |
142,500
+62,700
| +79% | +$4.89M |
|
2028
Invesco WilderHill Clean Energy ETF
PBW
$400M
| $11.7M | ﹤0.01% |
382,190
+320,000
| +515% | +$10.2M |
|
2029
Jefferies Financial Group
JEF
$12.2B
| $11.7M | ﹤0.01% |
188,162
-1,343,937
| -88% | -$77M |
|
|
QMMM
2030
DELISTED
QMMM Holdings
QMMM
| $11.6M | ﹤0.01% |
97,213
| – | – |
|
2031
Alamos Gold
AGI
$15.9B
| $11.6M | ﹤0.01% |
300,824
-177,457
| -37% | -$6.18M |
|
2032
Hallador Energy
HNRG
$784M
| $11.6M | ﹤0.01% |
609,318
+84,238
| +16% | +$1.71M |
|
2033
Lantheus
LNTH
$6.56B
| $11.6M | ﹤0.01% |
174,043
-269,423
| -61% | -$15.7M |
|
2034
Etsy
ETSY
$7.61B
| $11.6M | ﹤0.01% |
208,720
-676,434
| -76% | -$41.3M |
|
2035
BlackLine
BL
$1.96B
| $11.6M | ﹤0.01% |
209,258
-118,384
| -36% | -$6.52M |
|
2036
Maplebear
CART
$11.7B
| $11.6M | ﹤0.01% |
257,025
-325,765
| -56% | -$13.3M |
|
2037
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.57B
| $11.5M | ﹤0.01% |
351,025
-157,279
| -31% | -$5.16M |
|
2038
American Eagle Outfitters
AEO
$2.8B
| $11.5M | ﹤0.01% |
436,850
-806,912
| -65% | -$15.9M |
|
2039
CALL
VanEck Gold Miners ETF
GDX
$32.3B
| $11.5M | ﹤0.01% |
134,200
-771,300
| -85% | -$60.9M |
|
2040
PUT
TeraWulf
WULF
$8.23B
| $11.5M | ﹤0.01% |
1,000,000
+943,900
| +1,683% | +$12.7M |
|
2041
AdvanSix
ASIX
$442M
| $11.5M | ﹤0.01% |
+663,537
| New | +$11.6M |
|
2042
Woodside Energy
WDS
$44.3B
| $11.5M | ﹤0.01% |
735,455
+715,208
| +3,532% | +$11.4M |
|
2043
PUT
Moderna
MRNA
$57B
| $11.5M | ﹤0.01% |
388,500
-178,600
| -31% | -$4.85M |
|
2044
CALL
Progressive
PGR
$126B
| $11.5M | ﹤0.01% |
50,300
+13,500
| +37% | +$3.05M |
|
2045
Western Union
WU
$2.25B
| $11.4M | ﹤0.01% |
1,229,097
-317,767
| -21% | -$2.81M |
|
2046
Trustmark
TRMK
$2.68B
| $11.4M | ﹤0.01% |
293,373
+64,237
| +28% | +$2.5M |
|
2047
Credicorp
BAP
$29.6B
| $11.4M | ﹤0.01% |
39,693
-76,405
| -66% | -$20.2M |
|
2048
Penske Automotive Group
PAG
$14.3B
| $11.4M | ﹤0.01% |
71,924
+67,577
| +1,555% | +$11.1M |
|
2049
Daily Journal
DJCO
$869M
| $11.4M | ﹤0.01% |
23,347
+21,069
| +925% | +$9.36M |
|
2050
PUT
Ares Capital
ARCC
$14.3B
| $11.4M | ﹤0.01% |
562,100
-988,100
| -64% | -$19.9M |
|
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.