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
|
+$2.22B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$372M |
| 3 |
Danaher
DHR
|
+$293M |
| 4 |
Linde
LIN
|
+$281M |
| 5 |
Carlyle Group
CG
|
+$268M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$926M |
| 2 |
iShares Russell 1000 ETF
IWB
|
+$770M |
| 3 |
iShares Bitcoin Trust
IBIT
|
+$649M |
| 4 |
Meta Platforms (Facebook)
META
|
+$641M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$462M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 9% |
| 2 | Technology | 7.77% |
| 3 | Healthcare | 6.87% |
| 4 | Industrials | 5.56% |
| 5 | Consumer Discretionary | 5.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
iShares Core S&P 500 ETF
IVV
$893B
| $5.23B | 2.78% |
9,308,270
+3,757,143
| +68% | +$2.22B |
|
2
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $5.1B | 2.72% |
25,583,300
-193,800
| -0.8% | -$42M |
|
3
PUT
Invesco QQQ Trust
QQQ
$486B
| $3.97B | 2.11% |
8,457,200
-343,700
| -4% | -$175M |
|
4
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $2.83B | 1.51% |
5,064,000
-456,600
| -8% | -$268M |
|
5
PUT
NVIDIA
NVDA
$5.2T
| $2.76B | 1.47% |
25,496,500
-1,309,700
| -5% | -$166M |
|
|
6
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $2.14B | 1.14% |
10,732,300
-2,744,200
| -20% | -$595M |
|
7
PUT
Microsoft
MSFT
$3.59T
| $2.06B | 1.1% |
5,496,700
+1,185,600
| +28% | +$483M |
|
8
PUT
Amazon
AMZN
$2.79T
| $2B | 1.06% |
10,513,500
+1,936,700
| +23% | +$420M |
|
|
9
CALL
Invesco QQQ Trust
QQQ
$486B
| $1.87B | 0.99% |
3,979,800
+841,300
| +27% | +$427M |
|
10
PUT
Apple
AAPL
$4.51T
| $1.82B | 0.97% |
8,209,400
-3,425,900
| -29% | -$794M |
|
|
11
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.42B | 0.76% |
2,465,700
-584,800
| -19% | -$377M |
|
|
12
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $1.34B | 0.71% |
8,646,800
+1,593,500
| +23% | +$289M |
|
|
13
CALL
Apple
AAPL
$4.51T
| $1.28B | 0.68% |
5,745,200
-829,800
| -13% | -$192M |
|
|
14
CALL
NVIDIA
NVDA
$5.2T
| $1.23B | 0.65% |
11,306,300
+574,100
| +5% | +$72.8M |
|
15
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $1.18B | 0.63% |
14,932,900
+6,689,800
| +81% | +$531M |
|
16
PUT
Tesla
TSLA
$1.43T
| $1.16B | 0.62% |
4,460,300
-182,700
| -4% | -$60.9M |
|
|
17
NVIDIA
NVDA
$5.2T
| $1B | 0.53% |
9,233,791
-740,500
| -7% | -$93.9M |
|
|
18
CALL
Tesla
TSLA
$1.43T
| $921M | 0.49% |
3,552,100
+260,100
| +8% | +$86.7M |
|
|
19
CALL
Amazon
AMZN
$2.79T
| $908M | 0.48% |
4,771,800
+121,300
| +3% | +$26.3M |
|
|
20
Meta Platforms (Facebook)
META
$1.4T
| $900M | 0.48% |
1,562,183
-993,694
| -39% | -$641M |
|
21
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $883M | 0.47% |
18,893,800
-590,800
| -3% | -$26.6M |
|
|
22
Amazon
AMZN
$2.79T
| $867M | 0.46% |
4,556,903
+229,253
| +5% | +$49.7M |
|
|
23
CALL
Microsoft
MSFT
$3.59T
| $853M | 0.45% |
2,272,400
+133,800
| +6% | +$54.6M |
|
|
24
CALL
Meta Platforms (Facebook)
META
$1.4T
| $852M | 0.45% |
1,478,800
-169,100
| -10% | -$109M |
|
|
25
PUT
Broadcom
AVGO
$1.75T
| $850M | 0.45% |
5,074,400
-95,500
| -2% | -$20.2M |
|
Similar funds
Israel Englander's Q1 2025 Portfolio in Review
As of Q1 2025, Israel Englander held 6,639 positions worth $188B, down 8.2% from $205B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Israel Englander withdrew a net $8.86B in Q1 2025, closing 852 positions and reducing 2,261 holdings. Its most notable exit was Verizon, an estimated $263M position sold in full.
By sector, the portfolio is most concentrated in Financials at 9% of assets, up from 8.3% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Israel Englander opened a new position in Blackrock worth $215M.
- Israel Englander's largest Q1 2025 buy was Blackrock: 227,394 shares worth $215M.
- Israel Englander added most to iShares Core S&P 500 ETF in Q1 2025, an estimated $2.22B increase.
- Israel Englander's biggest Q1 2025 reduction was Broadcom, cutting an estimated $926M.
- Israel Englander fully exited Verizon in Q1 2025, selling an estimated $263M.
- Israel Englander's ten largest holdings make up 16% of its $188B portfolio in Q1 2025.
- Israel Englander opened 739 new positions and closed 852 in Q1 2025.
- Israel Englander's portfolio value fell 8.2% quarter-over-quarter to $188B.
Based on Millennium Management's 13F filing for Q1 2025, filed 15 May 2025.