Sunrun
121 hedge funds and large institutions have $796M invested in Sunrun in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 47 increasing their positions, 30 reducing their positions, and 21 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 30
55% more capital invested
Capital invested by funds: $512M → $796M (+$283M)
1.75% more ownership
Funds ownership: 80.98% → 82.73% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
2% less funds holding
Funds holding: 123 → 121 (-2)
58% less call options, than puts
Call options by funds: $2.45M | Put options by funds: $5.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$38.8M |
| 2 |
Millennium Management
New York
|
+$13.4M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$13.1M |
| 4 |
JP Morgan Chase
New York
|
+$4.71M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$16.8M |
| 2 |
FC
Foundation Capital
Palo Alto,
California
|
-$6.08M |
| 3 |
DnB Asset Management
Oslo,
Norway
|
-$4.34M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.65M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.26M |
RUN Hedge Fund Activity: Q1 2018 in Review
121 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Sunrun (RUN) for Q1 2018, worth a combined $796M — up 55% from $512M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of RUN and 20 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 47 added.
The largest buyer was Tiger Global Management, opening a new position worth an estimated $38.8M. The largest seller was Baupost Group, exiting entirely with an estimated $16.8M sold.
- 121 institutional investors held Sunrun (RUN) as of Q1 2018, down from 123 in Q4 2017.
- Funds reported $796M of Sunrun stock for Q1 2018, up 55% quarter-over-quarter.
- 20 funds opened new Sunrun positions in Q1 2018 and 21 closed out, a net change of -1 holder.
- The largest Sunrun buyer in Q1 2018 was Tiger Global Management, an estimated $38.8M added.
- The largest Sunrun seller in Q1 2018 was Baupost Group, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2018.