GLD and Comerica Top Millennium’s Favorite Stock Investments

Wall St. Watchdog reveals information regarding Millennium Management’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 390 stocks in the Financial sector at the end of the quarter with an aggregate market value of $1.655 billion.

Spdr Gold Shares (NYSEARCA:GLD): On 06/30/2011, Millennium Management reported holding 571,118 shares with a market value of $83,383,228. This comprised 0.76% of the total portfolio. On 09/30/2011, Millennium Management reported holding 695,526 shares with a market value of $109,934,838. This comprised 1.3% of the total portfolio. The net change in shares for this position over the two quarters is 124,408. About Company: SPDR Gold Trust is an investment fund incorporated in the USA. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust holds gold and is expected from time to time to issue Baskets in exchange for deposits of gold and to distribute gold in connection with redemptions of Baskets.

Comerica Incorporated (NYSE:CMA): On 06/30/2011, Millennium Management reported holding 3,055,219 shares with a market value of $105,618,920. This comprised 0.96% of the total portfolio. On 09/30/2011, Millennium Management reported holding 2,564,919 shares with a market value of $58,916,188. This comprised 0.7% of the total portfolio. The net change in shares for this position over the two quarters is -490,300. About Company: Comerica Incorporated is the holding company for business, individual, and investment banks with operations in the United States, Canada, and Mexico. The Company’s subsidiaries provide services such as corporate banking, international finance, treasury management, community banking, private banking, small business and individual lending, investment services, and institutional trust.

Slm Corporation (NYSE:SLM): On 06/30/2011, Millennium Management reported holding 1,463,335 shares with a market value of $24,598,661. This comprised 0.22% of the total portfolio. On 09/30/2011, Millennium Management reported holding 3,066,799 shares with a market value of $38,181,647. This comprised 0.45% of the total portfolio. The net change in shares for this position over the two quarters is 1,603,464. About Company: SLM Corporation, commonly known as Sallie Mae, provides education funding, originating and servicing of U.S. government guaranteed and private student loans. The Company, through its subsidiaries, also provides debt management services and business and technical products to a range of clients including colleges, universities and loan guarantors.

Taubman Centers Inc. (NYSE:TCO): On 06/30/2011, Millennium Management reported holding 350,311 shares with a market value of $20,738,411. This comprised 0.19% of the total portfolio. On 09/30/2011, Millennium Management reported holding 636,533 shares with a market value of $32,023,976. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is 286,222. About Company: Taubman Centers, Inc. is a real estate investment trust which, through its operating partnership, the Taubman Realty Group LP, holds interests in and owns, develops, acquires and operates regional shopping centers. Its activities include centers’ management, leasing and expansion.

Ventas Inc. (NYSE:VTR): On 06/30/2011, Millennium Management reported holding 378,211 shares with a market value of $19,935,501. This comprised 0.18% of the total portfolio. On 09/30/2011, Millennium Management reported holding 584,145 shares with a market value of $28,856,764. This comprised 0.34% of the total portfolio. The net change in shares for this position over the two quarters is 205,934. About Company: Ventas, Inc. is a real estate investment trust. The trust owns seniors housing communities, skilled nursing facilities, hospitals, and medical office buildings in the United States and Canada.

Citigroup Inc. (NYSE:C): On 06/30/2011, Millennium Management reported holding 1,887,434 shares with a market value of $78,592,751. This comprised 0.71% of the total portfolio. On 09/30/2011, Millennium Management reported holding 1,089,327 shares with a market value of $27,908,559. This comprised 0.33% of the total portfolio. The net change in shares for this position over the two quarters is -798,107. About Company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.

Keycorp (NYSE:KEY): On 06/30/2011, Millennium Management reported holding 6,720,709 shares with a market value of $55,983,505. This comprised 0.51% of the total portfolio. On 09/30/2011, Millennium Management reported holding 4,634,668 shares with a market value of $27,483,580. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is -2,086,041. About Company: KeyCorp is a financial services holding company. The Company provides a wide range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients.

Discover Fin Svcs (NYSE:DFS): On 06/30/2011, Millennium Management reported holding 1,901,005 shares with a market value of $50,851,884. This comprised 0.46% of the total portfolio. On 09/30/2011, Millennium Management reported holding 1,193,684 shares with a market value of $27,383,112. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is -707,321. About Company: Discover Financial Services is a credit card issuer and electronic payment services company. The Company issues credit cards and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts and operates an automated teller machine(ATM)/debit network, which includes ATMs, as well as POS terminals nationwide.

General Growth Properties Inc. (NYSE:GGP): On 06/30/2011, Millennium Management reported holding 1,323,648 shares with a market value of $22,091,686. This comprised 0.2% of the total portfolio. On 09/30/2011, Millennium Management reported holding 2,220,962 shares with a market value of $26,873,641. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is 897,314. About Company: General Growth Properties, Inc. is a real estate investment trust (REIT). The Company owns, operates, leases, acquires and expands enclosed regional shopping mall centers throughout the United States. The REIT, with its operating partnership also has unconsolidated equity interests in other regional mall companies.

Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, Millennium Management reported holding 770,152 shares with a market value of $31,530,022. This comprised 0.29% of the total portfolio. On 09/30/2011, Millennium Management reported holding 886,522 shares with a market value of $26,702,043. This comprised 0.32% of the total portfolio. The net change in shares for this position over the two quarters is 116,370. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.

(Note: Data regarding Millennium Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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To contact the reporter on this story: Dave Friedman at staff.writers@wallstcheatsheet.com

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