Why One Investor Slashed Its Sunrun Position But Kept a $129 Million Wager on the Stock

Sunrun's latest quarter showed a business quietly strengthening underneath the stock’s volatility.Toronto-based Maple Rock Capital Partners disclosed a reduction in its Sunrun (RUN 1.05%) stake, cutting 692,800 shares in the third quarter, according to a November 14 SEC filing.What HappenedAccording to an SEC filing dated November 14, Maple Rock Capital Partners sold 692,800 shares of Sunrun during the third quarter. The value of the position fell by about $62.1 million in the period. Following the sale, th ...