Millennium Management 3Q14 holdings



Overview of Millennium Management

Millennium Management LLC is a privately owned and managed hedge fund founded in 1989 and headquartered in New York City. The firm launches and manages hedge funds for its clients. It invests in the public equity and fixed income markets across the globe and has also set up offices in the United Kingdom and France.

The top ten holdings of Millennium Management include the SPDR S&P 500 ETF Trust that comprises 4.25% of its overall portfolio. It also has 1.01% of its portfolio invested in Baker Hughes, and 0.85% in Anadarko Petroleum.

This hedge fund holds over 3,600 stocks and has a market portfolio of over $39.52 billion according to its 13F filings for the third quarter. That’s an increase from the $36.10 billion reported in the second quarter.

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Summary of position changes

Millennium Management’s new positions in 3Q14 include St. Jude Medical (STJ) and Kimberly-Clark (KMB). The fund sold positions in Forest Laboratories (FRX) and Procter & Gamble (PG). Millennium increased its position in Kinder Morgan (KMI), Actavis plc (ACT), and American Express (AXP). Finally, it decreased its stake in Northeast Utilities (NU) and CVS Caremark (CVS).

The next article in this series will explore Millennium Management’s new position in St. Jude Medical (STJ).


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