Hey, let’s talk Wall Street and the 13Fs, shall we? You know, those little SEC filings that slip by when everyone’s got their eyes glued to earnings and economic data.
Now, when it comes to the big leagues, Israel Englander from Millennium Management is a name you gotta know. This guy was managing a whopping $238 billion in assets back in 2025. Pretty wild, right?
His 13F? Packed with nearly 6,000 positions, including a mix of hedged options. Yet, his crown jewel isn’t hedged at all. It’s a solid bet on the U.S. economy’s long-term growth. And that, my friends, says a lot.
Millennium Management’s biggest holding
Nestled in Englander’s massive portfolio, at the very top, is the iShares Core S&P 500 ETF (IVV 0.11%). Coming in at 14,494,278 shares by the end of December, it’s 4.2% of his invested assets. That’s roughly $9.93 billion. Talk about faith in the U.S. market!
What’s so special about this ETF? It’s like hitting a fast track to the S&P 500 without buying into 503 individual stocks. Just one click, and bam – you’re there. The S&P 500 is the heartbeat of Wall Street, after all.
Key data points
- Today’s Change: (-0.11%) $-0.73
- Current Price: $679.39
- Day’s Range: $676.38 – $683.14
- 52wk Range: $484.00 – $700.97
- Volume: 7.3K
And the cost? Almost nonexistent. We’re talking a net expense ratio of just 0.03%. That’s only $0.30 per $1,000 invested. A real bargain in the index fund world.
Why the S&P 500 ETF shines
What truly attracts Englander is the S&P 500’s track record. Analysts over at Crestmont Research have been digging into this for ages. They studied the S&P 500’s rolling 20-year total returns, all the way back to 1900. And guess what? Every single one of those 107 periods showed a positive annualized return.
Imagine this: If you’d invested in a tracking index like the iShares Core S&P 500 ETF and held on for 20 years, it wouldn’t have mattered if there was a depression, war, or even a pandemic. You’d have made money every single time.
So, Englander’s got history backing his biggest bet. And if you ask anyone on Wall Street, that’s the kind of solid foundation you’d want for a long-term investment.
Reliable? You bet. And that’s why this ETF is more than just numbers to crunch. It’s Wall Street confidence, bottled up in one neat package. Want to dive deeper? Check out more about iShares Core S&P 500 ETF.
