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Tiger Global Management reduced stake in Sunrun Inc.

© Reuters. Tiger Global Management reduced stake in Sunrun Inc.

On the 14th of October, Tiger Global Management sold 2.5 million Sunrun Inc . (NASDAQ:) shares for $155 million at an average price of $63.08 per share.
Shares of Sunrun Inc. are down -11.02% since the transaction.

Tiger Global Management’s holding in Sunrun Inc. decreased to about 14 million shares with the transaction.

Tiger Global Management first bought Sunrun Inc. stock in the first quarter of 2018.

Other investors who also reduced their Sunrun Inc. shares include Millennium Management.
Contrary to Tiger Global Management, California State Teachers Retirement System and Victory Capital Management added to RUN shares, while Point72 Asset Management and Squarepoint Ops introduced RUN shares to their portfolio.

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