Israel Englander Stock Portfolio: Top 5 Stock Picks

2. NVIDIA Corporation (NASDAQ:NVDA)

Millennium Management’s Stake: $2.8 Billion

NVIDIA Corporation (NASDAQ:NVDA) has featured in the 13F portfolio of Millennium Management for more than a decade and a half. It first appeared in the portfolio of the fund back in the fourth quarter of 2010. This position comprised just under 3 million shares. Israel Enaglander grew this holding to nearly 100 million shares by the third quarter of 2014. This was a time when NVIDIA stock was not as popular as it is now, and was mostly viewed as a gaming play. The fund then trimmed this holding down to 2.3 million shares by the third quarter of 2022. Filings for the fourth quarter of 2025 show that the fund owns 15.2 million shares in the firm, down 16% compared to filings for the previous quarter.

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NVIDIA Corporation (NASDAQ:NVDA) remains the smartest bet for playing the AI craze. Hedge funds are pivoting from generative AI to agentic AI – autonomous systems that can execute complex tasks. NVIDIA is leading this transition. In late February 2026, the firm revealed that its Blackwell Ultra platform delivers up to 50x better performance for agentic workflows compared to the older Hopper chips. Hedge funds are also rewarding NVIDIA’s $110 billion funding alliance with OpenAI and its multi-gigawatt infrastructure deals with Anthropic and xAI. Institutional investors view these as long-term revenue locks that secure NVIDIA’s dominance through 2028.