Spruce Power Holding CorpSPRU
Market Cap: $49.4M
About: Spruce Power Holding Corp is a leading owner and operator of distributed solar energy assets across the United States (the U.S.), offering subscription-based services to approximately 75,000 home solar assets and customer contracts, making renewable energy more accessible to everyone. The Company's primary customers are homeowners and the Company's core solar service offerings generate revenues primarily through (i) the sale of electricity generated by its home solar energy systems to homeowners, (ii) third-party contracts to sell solar renewable energy credits (SRECs) generated by the solar energy systems for fixed prices and (iii) the servicing of those agreements for other institutional owners of home solar energy systems.
Employees: 142
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3,425% more call options, than puts
Call options by funds: $141K | Put options by funds: $4K
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.04% less ownership
Funds ownership: 20.62% [Q1] → 20.58% (-0.04%) [Q2]
7% less capital invested
Capital invested by funds: $14.9M [Q1] → $13.9M (-$993K) [Q2]
12% less funds holding
Funds holding: 43 [Q1] → 38 (-5) [Q2]
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Research analyst outlook
We haven’t received any recent analyst ratings for SPRU.