Daniel Sundheim’s D1 Capital purchased right into a plethora of well-known expertise shares within the first quarter, however Meta did not get the identical love. The hedge fund zeroed out of its stake of greater than 376,000 shares within the social media large throughout the three-month interval, based on regulatory filings. Sundheim’s place was price greater than $240 million. The Fb guardian tumbled greater than 13% within the first quarter, marking its third straight unfavorable quarter and largest quarterly loss since 2022. Shares have rebounded since, rising greater than 7% because the begin of April. META YTD mountain Meta Platforms in 2026 Sundheim additionally zeroed out his Synopsys and Arista Networks holdings within the interval. The Viking International alum lowered his place in Spotify by 14% to simply over 340,000 shares. However the College of Pennsylvania grad added greater than 34% to his Amazon place, making it the fund’s eighth greatest place by worth, based on InsiderScore. His stake within the ecommerce large is now price round $376.5 million. Amazon shares dropped greater than 9% within the first quarter, marking its first shedding quarter in 4. However shares have surged greater than 26% within the present three-month interval, leaving the fill up greater than 14% in 2026. Sundheim equally constructed out his holdings in synthetic intelligence shares together with Broadcom and Nvidia throughout the quarter. He opened stakes in a number of names corresponding to Alphabet , ASML and Taiwan Semiconductor . Instacart stored its spot because the fund’s largest holding within the quarter with a worth of $845 million, based on InsiderScore. Sundheim has been on Instacart’s board since 2020.
