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 | |
|---|---|---|---|---|---|---|
2076
Ducommun
DCO
$2.78B
| $11.1M | ﹤0.01% |
116,872
+85,056
| +267% | +$7.92M |
|
2077
Gossamer Bio
GOSS
$83.2M
| $11.1M | ﹤0.01% |
3,584,288
-35,041
| -1% | -$100K |
|
2078
Boston Beer
SAM
$1.88B
| $11.1M | ﹤0.01% |
56,882
-15,061
| -21% | -$3.11M |
|
|
LKFT
2079
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.93B
| $11.1M | ﹤0.01% |
339,354
+186,452
| +122% | +$6.02M |
|
|
NSA
2080
DELISTED
National Storage Affiliates Trust
NSA
| $11.1M | ﹤0.01% |
393,313
-719,004
| -65% | -$21.4M |
|
2081
PUT
Okta
OKTA
$30.1B
| $11.1M | ﹤0.01% |
128,300
+8,200
| +7% | +$716K |
|
2082
BBVA Argentina
BBAR
$2.98B
| $11.1M | ﹤0.01% |
613,832
+597,392
| +3,634% | +$8.57M |
|
2083
Smith & Nephew
SNN
$12.2B
| $11.1M | ﹤0.01% |
337,623
+271,894
| +414% | +$9.31M |
|
2084
Global Ship Lease
GSL
$1.62B
| $11.1M | ﹤0.01% |
315,841
+94,331
| +43% | +$3.06M |
|
2085
CALL
BlackLine
BL
$1.96B
| $11.1M | ﹤0.01% |
200,000
+150,000
| +300% | +$8.26M |
|
2086
Mizuho Financial
MFG
$127B
| $11.1M | ﹤0.01% |
1,510,303
-619,768
| -29% | -$4.24M |
|
2087
CALL
BILL Holdings
BILL
$4.87B
| $11.1M | ﹤0.01% |
202,700
-164,500
| -45% | -$8.45M |
|
2088
Albertsons Companies
ACI
$5.94B
| $11M | ﹤0.01% |
641,990
-2,592,232
| -80% | -$46.2M |
|
2089
Fidelity National Financial
FNF
$12.7B
| $11M | ﹤0.01% |
201,857
-48,008
| -19% | -$2.73M |
|
2090
Avery Dennison
AVY
$13.5B
| $11M | ﹤0.01% |
60,566
+7,250
| +14% | +$1.25M |
|
2091
State Street SPDR S&P Retail ETF
XRT
$320M
| $11M | ﹤0.01% |
+129,092
| New | +$10.8M |
|
2092
CALL
iShares US Real Estate ETF
IYR
$4.6B
| $11M | ﹤0.01% |
+117,200
| New | +$11.2M |
|
2093
Seadrill
SDRL
$3.03B
| $11M | ﹤0.01% |
317,935
+230,148
| +262% | +$7.17M |
|
2094
PUT
Marathon Digital Holdings
MARA
$4.59B
| $11M | ﹤0.01% |
1,223,600
-1,330,900
| -52% | -$19.6M |
|
2095
Towne Bank
TOWN
$3.45B
| $11M | ﹤0.01% |
329,249
+102,138
| +45% | +$3.44M |
|
2096
Gogo Inc
GOGO
$370M
| $11M | ﹤0.01% |
2,355,573
+2,086,042
| +774% | +$15.3M |
|
2097
PUT
Schwab US Dividend Equity ETF
SCHD
$111B
| $11M | ﹤0.01% |
+400,000
| New | +$10.9M |
|
2098
PUT
Wingstop
WING
$3B
| $11M | ﹤0.01% |
46,000
+6,000
| +15% | +$1.49M |
|
2099
PUT
Sherwin-Williams
SHW
$83.8B
| $11M | ﹤0.01% |
33,800
-14,700
| -30% | -$4.92M |
|
2100
CALL
NextEra Energy
NEE
$174B
| $10.9M | ﹤0.01% |
136,300
-59,800
| -30% | -$4.95M |
|
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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.