Sunrun
RUN
123 hedge funds and large institutions have $512M invested in Sunrun in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 43 increasing their positions, 31 reducing their positions, and 28 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 31
12% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $987K
10% more capital invested
Capital invested by funds: $466M → $512M (+$46.4M)
1.93% more ownership
Funds ownership: 79.05% → 80.98% (+1.9%)
1% less funds holding
Funds holding: 124 → 123 (-1)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$5.56M |
| 2 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$3.99M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.86M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.63M |
| 5 |
Millennium Management
New York
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Foundation Capital
Palo Alto,
California
|
-$5.17M |
| 2 |
QAM
Quentec Asset Management
New York
|
-$3.21M |
| 3 |
FCM
Firsthand Capital Management
San Jose,
California
|
-$2.94M |
| 4 |
PC
Precocity Capital
Stamford,
Connecticut
|
-$2.22M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$2.11M |
RUN Hedge Fund Activity: Q4 2017 in Review
123 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Sunrun (RUN) for Q4 2017, worth a combined $512M — up 10% from $466M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of RUN and 27 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 43 added.
The largest buyer was Jennison Associates, opening a new position worth an estimated $5.56M. The largest seller was Foundation Capital, cutting an estimated $5.17M.
- 123 institutional investors held Sunrun (RUN) as of Q4 2017, down from 124 in Q3 2017.
- Funds reported $512M of Sunrun stock for Q4 2017, up 10% quarter-over-quarter.
- 27 funds opened new Sunrun positions in Q4 2017 and 28 closed out, a net change of -1 holder.
- The largest Sunrun buyer in Q4 2017 was Jennison Associates, an estimated $5.56M added.
- The largest Sunrun seller in Q4 2017 was Foundation Capital, an estimated $5.17M sold.
Based on aggregated 13F filings for Q4 2017.