Millennium Management has top new positions in Rice Energy Inc. RICE and Anixter International Inc. AXE. Positions were increased in PPL Corp. PPL, Devon Energy DVN, Teva Pharmaceuticals TEVA, and Edison International EIX.
Management initiated a new position in Anixter International Inc. AXE, which accounted for 0.13% of the fund’s portfolio.
Anixter is one of the leading distributors of enterprise cabling and security solutions, electrical and electronic wire and cable products, OEM Supply fasteners, and other small parts. It has four business segments: Enterprise Cabling and Security Solutions, Electrical and Electronic Wire and Cable, OEM Supply, and Corporate. The company is backed by Chicago real-estate mogul Sam Zell.(…)
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