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 through the three-month interval, in response to regulatory filings. Sundheim’s place was value 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 World alum decreased his place in Spotify by 14% to only over 340,000 shares. However the College of Pennsylvania grad added greater than 34% to his Amazon place, making it the fund’s eighth largest place by worth, in response to InsiderScore. His stake within the ecommerce large is now value round $376.5 million. Amazon shares dropped greater than 9% within the first quarter, marking its first dropping quarter in 4. However shares have surged greater than 26% within the present three-month interval, leaving the top off greater than 14% in 2026. Sundheim equally constructed out his holdings in synthetic intelligence shares together with Broadcom and Nvidia through the quarter. He opened stakes in a number of names similar to Alphabet , ASML and Taiwan Semiconductor . Instacart saved its spot because the fund’s largest holding within the quarter with a price of $845 million, in response to InsiderScore. Sundheim has been on Instacart’s board since 2020.
