Vault-13

SUNRUN INC RUN 4 03.01.30

NOTE 4.000% 3/0 · US DOMESTIC · CUSIP 86771WAD7

24 institutional holders +3 vs Q1 2026
1,950,0001.9m shares reported held*
$499.7mreported value*
7 new 9 added 6 reduced 4 sold out net sold ≈ $24.3m (-25.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $256.27.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q1 25: 23Q2 25: 27Q3 25: 23Q4 25: 24Q1 26: 21Q2 26: 2424Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 202523
Q2 202527
Q3 202523
Q4 202524
Q1 202621
Q2 202624

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q2 25: 17 bought or addedQ2 25: 11 cut or sold outQ2 25Q3 25: 11 bought or addedQ3 25: 15 cut or sold outQ3 25Q4 25: 13 bought or addedQ4 25: 11 cut or sold outQ4 25Q1 26: 12 bought or addedQ1 26: 13 cut or sold outQ1 26Q2 26: 16 bought or addedQ2 26: 10 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q2 20251711
Q3 20251115
Q4 20251311
Q1 20261213
Q2 20261610

Biggest buyers

Linden Advisors LP Added +13,349,000+13.3m
DSC Meridian Capital LP Added +11,500,000+11.5m
Balyasny Asset Management L.P. New +4,250,000+4.2m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main New +2,750,000+2.8m
TWO SIGMA INVESTMENTS, LP Added +2,625,000+2.6m
LAZARD ASSET MANAGEMENT LLC New +2,500,000+2.5m
STATE STREET CORP Added +2,075,000+2.1m
SSI INVESTMENT MANAGEMENT LLC New +2,000,000+2.0m
BlackRock, Inc. Added +1,325,000+1.3m
ADVENT CAPITAL MANAGEMENT /DE/ Added +1,282,000+1.3m

Biggest sellers

Balyasny Asset Management L.P. Sold out -25,733,000-25.7m
D. E. Shaw & Co., Inc. Reduced -13,590,000-13.6m
Weiss Asset Management LP Reduced -13,292,000-13.3m
WHITEBOX ADVISORS LLC Reduced -7,000,000-7.0m
SSI INVESTMENT MANAGEMENT LLC Sold out -2,000,000-2.0m
WELLS FARGO & COMPANY/MN Sold out -1,086,000-1.1m
LuminArx Capital Management LP Sold out -1,000,000-1.0m
Nuveen, LLC Reduced -700,000-700.0k
Jefferies Financial Group Inc. Reduced -304,000-304.0k
FMR LLC Reduced -50,000-50.0k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 1.14% of their portfolio New York, NY 185,934,000185.9m $220.8m $220.8m 1.14% Added +13.3m +13,349,000
2 Graham Capital Management, L.P. 1.62% of their portfolio ROWAYTON, CT 50,940,00050.9m $60.6m $60.6m 1.62% Unchanged
3 DSC Meridian Capital LP 8.75% of their portfolio NEW YORK, NY 31,500,00031.5m $37.4m $37.4m 8.75% Added +11.5m +11,500,000
4 ADVENT CAPITAL MANAGEMENT /DE/ 0.70% of their portfolio NEW YORK, NY 25,649,00025.6m $30.8m $30.8m 0.70% Added +1.3m +1,282,000
5 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 21,500,00021.5m $25.4m $25.4m 0.01% Reduced -700.0k -700,000
6 WHITEBOX ADVISORS LLC 0.26% of their portfolio MINNEAPOLIS, MN 13,650,00013.7m $16.1m $16.1m 0.26% Reduced -7.0m -7,000,000
7 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 13,292,00013.3m $15.7m $15.7m 0.01% Added +2.6m +2,625,000
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,725,00011.7m $14.2m $14.2m 0.00% Added +2.1m +2,075,000
9 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 10,410,00010.4m $12.4m $12.4m 0.01% Reduced -13.6m -13,590,000
10 Sculptor Capital LP 0.12% of their portfolio New York, NY 10,000,00010.0m $11.9m $11.9m 0.12% Added +350.0k +350,000
11 BlackRock, Inc. 0.00% of their portfolio New York, NY 9,242,0009.2m $10.9m $10.9m 0.00% Added +1.3m +1,325,000
12 Weiss Asset Management LP 0.11% of their portfolio BOSTON, MA 8,000,0008.0m $9.5m $9.5m 0.11% Reduced -13.3m -13,292,000
13 FMR LLC 0.00% of their portfolio BOSTON, MA 5,485,0005.5m $6.5m $6.5m 0.00% Reduced -50.0k -50,000
14 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 4,250,0004.2m $5.0m $5.0m 0.01% New
15 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,750,0002.8m $3.3m $3.3m 0.00% New
16 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,500,0002.5m $29.7k $29.7k 0.00% New
17 SSI INVESTMENT MANAGEMENT LLC 0.14% of their portfolio Los Angeles, CA 2,000,0002.0m $2.4m $2.4m 0.14% New
18 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 1,250,0001.2m $1.5m $1.5m 0.00% New
19 Sphera Management Technology Funds Ltd 0.30% of their portfolio TEL AVIV, L3 700,000700.0k $841.5k $841.5k 0.30% New
20 Mirabaud Asset Management (France) SAS 0.17% of their portfolio PARIS, I0 310,000310.0k $373.4k $373.4k 0.17% New
21 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 25,00025.0k $29.8k $29.8k 0.00% Reduced -304.0k -304,000
22 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 18,50018.5k $2.2m $2.2m 0.00% Added +7.4k +7,400
23 K2 PRINCIPAL FUND, L.P. 1.09% of their portfolio TORONTO, A6 10,00010.0k $11.9m $11.9m 1.09% Added +2.0k +2,000
24 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 2,0002.0k $2.4k $2.4k 0.00% Unchanged