Why Billionaire Chase Coleman Has Just Acquired a Big Stake in Sunrun

In a recent 13G filing, billionaire Chase Coleman’s Tiger Global Managementdisclosed a new position in Sunrun Inc. (NASDAQ: RUN), a small-cap residential solar installer. According to the filing, at the end of March, Tiger Global Management acquired 8.41 million shares of the company, which represent 7.

8%. The stake makes Tiger Global one of the largest institutional shareholders of Sunrun, only behind FMR LLC and VC firm Foundation capital, which hold 16.02 million shares and 8.87 million shares. As a side note, on our website you can follow the hedge funds you like and receive real-time alerts when they disclose changes in their holdings via 13D or 13G filings. Just sign up and add your favorite hedge funds or companies to your follow list to start receiving email alerts.