Millennium Tvp Management Co 13F annual report

Millennium Tvp Management Co is an investment fund managing more than $93.1 million ran by Jonathan Glass. There are currently 6 companies in Mr. Glass’s portfolio. The largest investments include Aurora Innovation, Inc. and Sunrun Inc, together worth $75 million.

$93.1 million Assets Under Management (AUM)

As of 28th January 2022, Millennium Tvp Management Co’s top holding is 4,150,075 shares of Aurora Innovation, Inc. currently worth over $46.7 million and making up 50.2% of the portfolio value. In addition, the fund holds 825,240 shares of Sunrun Inc worth $28.3 million, whose value fell 53.1% in the past six months. The third-largest holding is Alibaba Ltd worth $7.6 million and the next is BigCommerce worth $3.89 million, with 109,978 shares owned.

Currently, Millennium Tvp Management Co's portfolio is worth at least $93.1 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Millennium Tvp Management Co

The Millennium Tvp Management Co office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Jonathan Glass serves as the Chief Compliance Officer at Millennium Tvp Management Co.

Recent trades

In the most recent 13F filing, Millennium Tvp Management Co revealed that it had opened a new position in Aurora Innovation, Inc. and bought 4,150,075 shares worth $46.7 million.

The investment fund also strengthened its position in Chegg Inc by buying 30,000 additional shares. This makes their stake in Chegg Inc total 106,993 shares worth $3.29 million. Chegg Inc dropped 75.1% in the past year.

On the other hand, there are companies that Millennium Tvp Management Co is getting rid of from its portfolio. Millennium Tvp Management Co closed its position in Viasat on 4th February 2022. It sold the previously owned 4,796 shares for $239 thousand. Jonathan Glass also disclosed a decreased stake in Sunrun Inc by approximately 0.1%. This leaves the value of the investment at $28.3 million and 825,240 shares.

One of the smallest hedge funds

The two most similar investment funds to Millennium Tvp Management Co are Lead Edge Capital Management and Lattice Capital Management. They manage $93 million and $93 million respectively.

Jonathan Glass investment strategy

Millennium Tvp Management Co’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Utilities — making up 30.4% of the total portfolio value. The fund focuses on investments in the United States as 50.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 17% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $86.5 billion.

The complete list of Millennium Tvp Management Co trades based on 13F SEC filings

These positions were updated on February 4th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Aurora Innovation, Inc.	Opened 4,150,075	$46,730,000	50.21%
Sunrun Inc	0.88% 825,240	$28,306,000	30.42%
Alibaba Group Holding Ltd	7.00% 63,957	$7,597,000	8.16%
BigCommerce Holdings, Inc.	7.00% 109,978	$3,890,000	4.18%
Chegg Inc	38.96% 106,993	$3,285,000	3.53%
Joby Aviation, Inc.	Opened 446,199	$3,257,000	3.50%
Viasat, Inc.	Closed 4,796	$239,000
No transactions found
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