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 |
NVIDIA
NVDA
|
+$1.78B |
| 2 |
Apple
AAPL
|
+$1.13B |
| 3 |
ETHA
iShares Ethereum Trust ETF
ETHA
|
+$834M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$784M |
| 5 |
Norfolk Southern
NSC
|
+$613M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applovin
APP
|
+$1.19B |
| 2 |
Palantir
PLTR
|
+$742M |
| 3 |
HES
Hess
HES
|
+$478M |
| 4 |
Oracle
ORCL
|
+$465M |
| 5 |
Thomson Reuters
TRI
|
+$442M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 53.36% |
| 2 | Technology | 9.28% |
| 3 | Financials | 7.68% |
| 4 | Healthcare | 6.5% |
| 5 | Industrials | 5.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
CALL
Crocs
CROX
$5.83B
| $11.1M | ﹤0.01% |
133,300
+92,900
| +230% | +$8.48M |
|
2202
Urban Outfitters
URBN
$6.75B
| $11.1M | ﹤0.01% |
155,887
-996,545
| -86% | -$73.3M |
|
|
INFA
2203
DELISTED
Informatica
INFA
| $11.1M | ﹤0.01% |
447,539
-8,532
| -2% | -$210K |
|
|
NTSK
2204
Netskope Inc
NTSK
$6.11B
| $11.1M | ﹤0.01% |
+487,951
| New | +$11.6M |
|
2205
PUT
D.R. Horton
DHI
$40.6B
| $11.1M | ﹤0.01% |
65,300
+16,100
| +33% | +$2.53M |
|
2206
CALL
Astera Labs
ALAB
$52.8B
| $11.1M | ﹤0.01% |
56,500
-18,000
| -24% | -$2.96M |
|
2207
JFrog
FROG
$12.8B
| $11M | ﹤0.01% |
233,441
-319,068
| -58% | -$14.4M |
|
2208
PUT
O'Reilly Automotive
ORLY
$71.1B
| $11M | ﹤0.01% |
102,400
+90,700
| +775% | +$9.12M |
|
2209
CALL
e.l.f. Beauty
ELF
$6.26B
| $11M | ﹤0.01% |
83,300
-16,900
| -17% | -$2.08M |
|
|
LTM
2210
LATAM Airlines Group S.A.
LTM
$14.7B
| $11M | ﹤0.01% |
243,838
+135,339
| +125% | +$6.09M |
|
2211
PUT
Phillips 66
PSX
$95.7B
| $11M | ﹤0.01% |
81,000
-19,000
| -19% | -$2.43M |
|
2212
PUT
Okta
OKTA
$30.2B
| $11M | ﹤0.01% |
120,100
-41,300
| -26% | -$3.86M |
|
2213
Brunswick
BC
$5.03B
| $11M | ﹤0.01% |
173,936
+69,502
| +67% | +$4.31M |
|
|
HAPN
2214
Happen Inc
HAPN
$2.13B
| $11M | ﹤0.01% |
724,075
-642,266
| -47% | -$9.74M |
|
2215
Murphy Oil
MUR
$5.15B
| $11M | ﹤0.01% |
387,120
-785,425
| -67% | -$19.8M |
|
2216
Liberty Global Class A
LBTYA
$3.6B
| $11M | ﹤0.01% |
959,175
-459,879
| -32% | -$5.06M |
|
2217
Cabot Corp
CBT
$4.37B
| $11M | ﹤0.01% |
144,213
-78,638
| -35% | -$6.13M |
|
|
DRD
2218
DRDGold
DRD
$2.6B
| $11M | ﹤0.01% |
397,000
+190,152
| +92% | +$3.4M |
|
2219
Forward Air
FWRD
$598M
| $11M | ﹤0.01% |
427,290
+166,559
| +64% | +$4.79M |
|
2220
QuidelOrtho
QDEL
$1.05B
| $10.9M | ﹤0.01% |
+371,194
| New | +$10.1M |
|
2221
PUT
Expedia Group
EXPE
$38.3B
| $10.9M | ﹤0.01% |
51,100
+800
| +2% | +$161K |
|
2222
PUT
Elastic
ESTC
$8.7B
| $10.9M | ﹤0.01% |
129,200
+69,600
| +117% | +$5.86M |
|
2223
First Watch Restaurant Group
FWRG
$764M
| $10.9M | ﹤0.01% |
696,053
+668,019
| +2,383% | +$11.6M |
|
2224
Tango Therapeutics
TNGX
$4.26B
| $10.9M | ﹤0.01% |
1,295,401
-476,903
| -27% | -$3.23M |
|
|
CSW
2225
CSW Industrials
CSW
$5.19B
| $10.9M | ﹤0.01% |
44,711
+26,779
| +149% | +$7.19M |
|
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Israel Englander's Q3 2025 Portfolio in Review
As of Q3 2025, Israel Englander held 6,610 positions worth $234B, up 13% from $207B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Israel Englander's Q3 2025 filing shows 800 new, 2,296 increased, 2,513 reduced and 633 closed positions. Its largest new stake was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M. The largest sale was Applovin, an estimated $1.19B.
By sector, the portfolio is most concentrated in Miscellaneous at 53% of assets, up from 52% a quarter earlier, followed by Technology and Financials.
- Israel Englander's largest Q3 2025 buy was Vanguard Long-Term Corporate Bond ETF: 1,212,092 shares worth $94.1M.
- Israel Englander added most to NVIDIA in Q3 2025, an estimated $1.78B increase.
- Israel Englander's biggest Q3 2025 reduction was Applovin, cutting an estimated $1.19B.
- Israel Englander fully exited Hess in Q3 2025, selling an estimated $478M.
- Israel Englander's ten largest holdings make up 18% of its $234B portfolio in Q3 2025.
- Israel Englander opened 800 new positions and closed 633 in Q3 2025.
- Israel Englander's portfolio value rose 13% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q3 2025, filed 14 Nov 2025.