Israel Englander Stock Portfolio: Top 10 Stock Picks

9. Amazon.com, Inc. (NASDAQ:AMZN)

Millennium Management’s Stake: $838 Million 

Amazon.com, Inc. (NASDAQ:AMZN) is another long-term bet of Israel Englander. His fund first disclosed a stake in the tech giant back in the fourth quarter of 2010. Back then, this holding comprised nearly 700,000 shares. The fund continued building on this stake and increased share ownership in the firm to 16.3 million shares by the third quarter of 2015. Thereafter, this position was trimmed and eventually sold off. A new position was then opened in the third quarter of 2017. The stock has consistently appeared in the 13F portfolio of the fund since then. Filings for the fourth quarter of 2025 show that the fund owned 3.6 million shares in the firm, down 3% compared to filings for the previous quarter.

Amazon.com, Inc. (NASDAQ:AMZN) has spent aggressively on AI and hedge funds are betting on these investments bearing fruit in the coming months. After a period of slower growth, Amazon Web Services (AWS) revenue growth accelerated to 24% in Q4 2025. Institutional investors are also tracking AWS’s record $244 billion backlog, up 40% year-over-year. Funds are rewarding Amazon’s vertical integration as well. Its custom AI chips, Trainium and Graviton, are now a $10 billion+ annualized business, growing at triple-digit rates. This reduces dependency on expensive Nvidia hardware and expands margins.