economy
Sundheim's D1 Capital bought several tech stocks last quarter
D1 Capital bought into a plethora of well-known technology stocks in the first quarter, with the exception of a social media giant.
TL;DR
- D1 Capital sold its entire stake in Meta, which was valued at over $240 million.
- The fund increased its Amazon position by over 34%, making it the eighth largest holding.
- D1 Capital also increased holdings in AI stocks such as Broadcom and Nvidia.
- New stakes were opened in Alphabet, ASML, and Taiwan Semiconductor.
- Instacart remained the fund's largest holding, valued at $845 million.
- D1 Capital also reduced its position in Spotify by 14%.